Compensation and Benefits Managers Salary in Minnesota
SOC 11-3111 · Minnesota · BLS OEWS May 2024
The median salary for Compensation and Benefits Managers in Minnesota is $143,978 per year ($69.22/hr). This is 17% lower than the national median of $173,472. The middle 50% earn between $108,389 and $179,379 annually. Top earners at the 90th percentile reach $218,358.
Wage Percentiles: Minnesota
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $43.45 | $90,376 | -6.0% |
| P25 | $52.11 | $108,389 | -18.0% |
| P50MEDIAN | $69.22 | $143,978 | -17.0% |
| P75 | $86.24 | $179,379 | -19.7% |
| P90 | $104.98 | $218,358 | -23.4% |
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 Minnesota?
The median (P50) annual salary for Compensation and Benefits Managers in Minnesota is approximately $143,978, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 17% lower than the national median of $173,472.
What is the salary range for entry-level compensation and benefits managers in Minnesota?
Entry-level Compensation and Benefits Managers (10th percentile) in Minnesota earn approximately $90,376 per year. The 25th percentile is $108,389. Top earners (90th percentile) reach $218,358.
How does Minnesota compare to the national average for compensation and benefits managers?
Minnesota pays 17% lower than the national average. The national P50 is $173,472 vs $143,978 in Minnesota. Based on BLS national data adjusted for regional cost factors.
Compensation and Benefits Managers Salary by Location
Other Roles in Minnesota
Free BLS wage benchmarks, JOLTS talent signals, and AI analyst briefs