The salary statistics of compensation and benefits managers are shown in Table 1. In the next few tables we compare the average salaries of compensation and benefits managers within different industry sectors and in the 50 states of the United States. The compensation and benefits managers annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 .
|Percentile Bracket||Average Annual Salary|
|10th Percentile Wage|| |
|25th Percentile Wage|| |
|50th Percentile Wage|| |
|75th Percentile Wage|| |
|90th Percentile Wage|| |
Table 1 shows the average annual salary for compensation and benefits managers. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) compensation and benefits managers is $199,950. The median annual salary (50th percentile) is $116,240. The average annual salary for the bottom 10 percent is $66,150. Notice that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 202% higher than that of the bottom 10 percent.
The following table and chart show the trend of the median salary of compensation and benefits managers from 2012 to 2016.
|Year||Median Salary||Yearly Growth||4-Year Growth|
The average salaries of compensation and benefits managers in 19 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for compensation and benefits managers occupations is the information sector with an annual salary $134,420. The lowest paying sector is the retail trade sector (annual salary $82,290).
|Industry Sector||Median Annual Salary|
|Finance and Insurance|| |
|Professional, Scientific, and Technical Services|| |
|Management of Companies and Enterprises|| |
|Other Services (except Federal, State, and Local Government)|| |
|Wholesale Trade|| |
|Transportation and Warehousing|| |
|Administrative and Support and Waste Management and Remediation Services|| |
|Real Estate and Rental and Leasing|| |
|Health Care and Social Assistance|| |
|Arts, Entertainment, and Recreation|| |
|Educational Services|| |
|Federal, State, and Local Government|| |
|Accommodation and Food Services|| |
|Retail Trade|| |
From the above tables we note that not only compensation and benefits managers salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of compensation and benefits managers in all 50 states of the United States. We note that the median annual salaries range from $54,760 to $144,720. The highest paying state for compensation and benefits managers is New Jersey with a median annual salary of $144,720. The lowest paying state is Mississippi with a median annual salary of $54,760. For more salary information of compensation and benefits managers profession in a specific state, use the links in the table.
|State Name||Median Annual Salary|
|New Jersey|| |
|Rhode Island|| |
|New York|| |
|North Carolina|| |
|District of Columbia|| |
|New Hampshire|| |
|South Carolina|| |
|North Dakota|| |
|New Mexico|| |
|South Dakota|| |
|West Virginia|| |
|Puerto Rico|| |