The annual salary statistics of compensation and benefits managers in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage information of compensation and benefits managers in Grand Rapids-Wyoming is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $74,340 |
| 25th Percentile Wage | $94,660 |
| 50th Percentile Wage | $118,820 |
| 75th Percentile Wage | $152,200 |
| 90th Percentile Wage | $170,230 |
Table 1 shows the average annual salary for compensation and benefits managers in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $170,230. The median (50th percentile) annual salary is $118,820. The average annual salary for the bottom 10 percent earners is $74,340.
The table and chart below show the trend of the median salary of compensation and benefits managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $118,820 | -4.42% | 42.32% |
| 2018 | $124,070 | 14.85% | - |
| 2017 | $105,650 | 21.95% | - |
| 2016 | $82,460 | 2.16% | - |
| 2015 | $80,680 | 7.80% | - |
| 2014 | $74,390 | 2.57% | - |
| 2013 | $72,480 | 5.45% | - |
| 2012 | $68,530 | - | - |
From Table 3 we note that the median annual salary of $118,820 in Grand Rapids-Wyoming is in the middle of salary range for compensation and benefits managers in state of Michigan. In comparison, the annual salary of compensation and benefits managers in Grand Rapids-Wyoming is 2.5 percent (2.5%) lower than that in the highest paying Detroit-Warren-Livonia and 42.4 percent (42.4%) higher than that in the lowest paying Balance of Lower Peninsula of Michigan nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Detroit-Warren-Livonia | |
| Detroit-Livonia-Dearborn | |
| Grand Rapids-Wyoming | |
| Lansing-East Lansing | |
| South Bend-Mishawaka | |
| Warren-Troy-Farmington Hills | |
| Balance of Lower Peninsula of Michigan nonmetropolitan area |