Compensation & Benefits Manager

Also called: Total Rewards Manager

Designs how a company pays people: salaries, bonuses, stock, health insurance and retirement plans.

A day in the life

You compare your engineers' pay to market surveys, model what a 4% raise budget would cost, and negotiate with insurance companies over next year's health plan prices.

Pay over a career

Starting
$80k
Typical
$140k
High
$239k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 8 years after high school. Bachelor's in business, finance or HR; CCP or CEBS certifications common.

Ways in: 4-year college, Certification. Training cost: $15k – $60k.

Majors to look at: Human Resources Management, Finance, Economics.

Outlook

Growing about average (about 2% over 10 years). Slow growth; automation of benefits administration.

Will it last? Our AI estimate

Medium risk for 10 years. Pay analytics automate market comparisons; negotiating with insurers and designing fair plans stays human.

Start now, in high school

Classes: AP Statistics, Accounting, AP Microeconomics.

Official data: O*NET occupation 11-3111.

More Human Resources & Recruiting careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.