The national median salary for Comp & Benefits Managers is $173,472 per year ($83.40/hr) according to the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2024. The middle 50% of earners make between $132,122 and $223,392 annually. Top earners at the 90th percentile reach $284,960 per year. There are approximately 17,200 comp & benefits managers employed in the United States.
Wage Percentiles
Hourly & annualized (2,080 hours)
Percentile
Hourly Rate
Annual Salary
P10
$46.20
$96,096
P25
$63.52
$132,122
P50MEDIAN
$83.40
$173,472
P75
$107.40
$223,392
P90
$137.00
$284,960
Market Context Signal
JOLTS · finance sector
Stable
Openings Rate
2.8%
Quits Rate
1.3%
Finance & Insurance is one of the most stable talent markets right now. Low quit rates reflect employee caution in a more uncertain economy.
Frequently Asked Questions
What is the average comp & benefits managers salary?
The national median salary for Comp & Benefits Managers is $173,472 per year ($83.40/hr) according to BLS OEWS May 2024 data. The middle 50% earn between $132,122 and $223,392 annually.
How much do top-earning comp & benefits managers make?
The 90th percentile salary for Comp & Benefits Managers is $284,960 per year ($137.00/hr). The 75th percentile is $223,392 per year.
What is the entry-level salary for comp & benefits managers?
Entry-level Comp & Benefits Managers (10th percentile) earn approximately $96,096 per year ($46.20/hr). The 25th percentile is $132,122 per year.