Compensation and Benefits Managers Salary in New Mexico
SOC 11-3111 · New Mexico · BLS OEWS May 2024
The median salary for Compensation and Benefits Managers in New Mexico is $104,853 per year ($50.41/hr). This is 39.6% lower than the national median of $173,472. The middle 50% earn between $101,213 and $146,099 annually. Top earners at the 90th percentile reach $225,722.
Wage Percentiles: New Mexico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $43.56 | $90,605 | -5.7% |
| P25 | $48.66 | $101,213 | -23.4% |
| P50MEDIAN | $50.41 | $104,853 | -39.6% |
| P75 | $70.24 | $146,099 | -34.6% |
| P90 | $108.52 | $225,722 | -20.8% |
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 New Mexico?
The median (P50) annual salary for Compensation and Benefits Managers in New Mexico is approximately $104,853, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 39.6% lower than the national median of $173,472.
What is the salary range for entry-level compensation and benefits managers in New Mexico?
Entry-level Compensation and Benefits Managers (10th percentile) in New Mexico earn approximately $90,605 per year. The 25th percentile is $101,213. Top earners (90th percentile) reach $225,722.
How does New Mexico compare to the national average for compensation and benefits managers?
New Mexico pays 39.6% lower than the national average. The national P50 is $173,472 vs $104,853 in New Mexico. Based on BLS national data adjusted for regional cost factors.
Compensation and Benefits Managers Salary by Location
Other Roles in New Mexico
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