Compensation and Benefits Managers Salary in Michigan
SOC 11-3111 · Michigan · BLS OEWS May 2024
The median salary for Compensation and Benefits Managers in Michigan is $139,672 per year ($67.15/hr). This is 19.5% lower than the national median of $173,472. The middle 50% earn between $107,952 and $170,144 annually. Top earners at the 90th percentile reach $284,960.
Wage Percentiles: Michigan
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $47.14 | $98,051 | +2.0% |
| P25 | $51.90 | $107,952 | -18.3% |
| P50MEDIAN | $67.15 | $139,672 | -19.5% |
| P75 | $81.80 | $170,144 | -23.8% |
| P90 | $137.00 | $284,960 | +0.0% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median compensation and benefits managers salary in Michigan?
The median (P50) annual salary for Compensation and Benefits Managers in Michigan is approximately $139,672, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 19.5% lower than the national median of $173,472.
What is the salary range for entry-level compensation and benefits managers in Michigan?
Entry-level Compensation and Benefits Managers (10th percentile) in Michigan earn approximately $98,051 per year. The 25th percentile is $107,952. Top earners (90th percentile) reach $284,960.
How does Michigan compare to the national average for compensation and benefits managers?
Michigan pays 19.5% lower than the national average. The national P50 is $173,472 vs $139,672 in Michigan. Based on BLS national data adjusted for regional cost factors.
Compensation and Benefits Managers Salary by Location
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