Compensation and Benefits Managers: salary, outlook & degrees

Plan, direct, or coordinate compensation and benefits activities of an organization.

U.S. median wage
$149,230

Middle half $113,170–$200,610. 22,940 jobs.

BLS Occupational Employment and Wage Statistics, May 2025

Ages 25-34 in this job
$87,985

81% hold a bachelor's or higher. Those with one: $96,539.

Census ACS 2020-2024 microdata, workers with at least a high school diploma; EducationGuide calculation

Outlook, 2025-35
+1.1%

About 1,600 openings a year, including replacements.

BLS Employment Projections 2025-35

Typical entry
Bachelor's degree

Considerable preparation (usually a bachelor's).

BLS; O*NET 31.0 job zone

Degrees that lead to this career

What workers ages 25-34 in this job studied, among those with a bachelor's or higher. This is what people actually did, not a requirement.

Field of bachelor's degreeShareDegree pages
Business Management And Administration11%Business Administration
Human Resources And Personnel Management11%Human Resources
Psychology10%Psychology
General Business8%Business
Finance7%Finance · Insurance
Communications6%Communications · Communication, Journalism, and Related Programs, Other
Elementary Education5%—
Sociology5%Sociology
Health And Medical Administrative Services5%Health Administration
Multi-Disciplinary Or General Science4%Biological and Physical Sciences

Census ACS 2020-2024 microdata (ages 25-34, employed, bachelor's or higher; top 10 fields); EducationGuide calculation.

Education workers say the job requires

High school or lessunder 1%
Some college, certificate or associateunder 1%
Bachelor's76%
Graduate degree24%

O*NET 31.0 survey of workers (“required level of education”); small samples, so treat shares as approximate.

Pay by state and metro

StateMedian wage
Washington$199,190
Connecticut$197,970
Massachusetts$184,070
New York$175,620
New Jersey$168,370
California$166,730
Delaware$166,070
Colorado$165,770
Minnesota$163,390
Georgia$163,060
Oregon$161,470
District of Columbia$160,990
Virginia$153,660
Illinois$151,730
Michigan$151,620
Rhode Island$149,340
Ohio$141,920
Maryland$139,860
Pennsylvania$139,040
New Hampshire$136,950
Texas$136,930
North Carolina$135,240
Tennessee$132,780
Utah$132,620
Arizona$129,890
Maine$129,690
Florida$127,960
Wisconsin$127,920
New Mexico$124,390
Alaska$122,490
Nebraska$121,630
Alabama$118,470
Iowa$118,250
Indiana$118,180
Nevada$115,180
Kentucky$114,290
Kansas$114,070
Hawaii$110,120
Oklahoma$107,760
Missouri$106,490
Arkansas$100,810
Louisiana$99,840
South Carolina$99,630
PR$97,500
Idaho$90,020
Mississippi$89,250

Florida metro areas

  • Miami-Fort Lauderdale-West Palm Beach$131,450
  • Tampa-St. Petersburg-Clearwater$124,430
  • Orlando-Kissimmee-Sanford$126,910
  • Jacksonville$123,150
  • Tallahassee$105,490
  • Deltona-Daytona Beach-Ormond Beach$104,770
  • Palm Bay-Melbourne-Titusville$130,220
  • Cape Coral-Fort Myers$126,080

Virginia metro areas

  • Washington-Arlington-Alexandria$171,950
  • Richmond$157,370
  • Virginia Beach-Chesapeake-Norfolk$131,140

California metro areas

  • Los Angeles-Long Beach-Anaheim$155,380
  • San Francisco-Oakland-Fremont$188,850
  • San Jose-Sunnyvale-Santa Clara$215,180
  • San Diego-Chula Vista-Carlsbad$160,970
  • Sacramento-Roseville-Folsom$159,450
  • Riverside-San Bernardino-Ontario$132,700
  • Oxnard-Thousand Oaks-Ventura$142,950

BLS Occupational Employment and Wage Statistics, May 2025: median annual wage, all workers in the job. Metro areas: the largest by employment.

What the work takes

Top skills

  • Reading Comprehension
  • Active Listening
  • Writing
  • Speaking
  • Critical Thinking

Knowledge used

  • Personnel and Human Resources
  • English Language
  • Administration and Management
  • Customer and Personal Service
  • Economics and Accounting

Work styles

  • Dependability
  • Attention to Detail
  • Integrity
  • Leadership Orientation
  • Cautiousness

People in this job tend to have Enterprising (leading), Conventional (organizing), Social (helping) interests.

O*NET 31.0 (U.S. Department of Labor, CC BY 4.0): skills and knowledge by importance; work styles; interest high points.

Compensation and Benefits Managers: questions

How much do compensation and Benefits Managers make?

Compensation and Benefits Managers earn a U.S. median $149,230 a year; the middle half earn $113,170 to $200,610 (BLS, May 2025). Workers ages 25-34 in this job earn a median $87,985 (Census ACS 2020-2024).

Is compensation and Benefits Managers a growing field?

BLS projects growth of 1.1% from 2025 to 2035, with about 1,600 openings a year, including replacements.

What degree do you need to be a compensation and Benefits Manager?

BLS lists the typical entry education as bachelor's degree. In O*NET's survey, 100% of workers say a bachelor's or higher is required. Among workers ages 25-34 with a bachelor's, the most common field of degree is business Management And Administration (11%).

How much do compensation and Benefits Managers make in Florida?

The median in Florida is $127,960 a year (BLS, May 2025), compared with $149,230 nationally.

Sources: Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2025-35); O*NET 31.0 (U.S. Department of Labor, CC BY 4.0); U.S. Census Bureau ACS microdata. SOC 11-3111. Method
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Cite this: “Compensation and Benefits Managers: salary, outlook and degrees,” EducationGuide.com, https://educationguide.com/careers/compensation-and-benefits-managers.