Compensation & benefits managers

Add Comparison

Total Workforce

19.9k

Average Age

44.6

Average Salary

$101,222

Average Male Salary

$179,292

Average Female Salary

$80,567

About

Compensation & benefits managers are most often employed by the Insurance carriers industry. The average yearly wage for Compensation & benefits managers was $101,222 in 2016. The top 3 most similar occupations to Compensation & benefits managers by wage are Other managers, Miscellaneous engineers, including nuclear engineers, and Electrical & electronics engineers.

The top 3 locations that employ the most Compensation & benefits managers are . The top 3 locations with a relatively high concentration of Compensation & benefits managers are .

Employment

Information on the businesses and industries that employ Compensation & benefits managers and on wages and locations for those in the field. Insurance carriers is the industry that employs the most Compensation & benefits managers, both by share and by number, though the highest paid industry for Compensation & benefits managers, by average wage, is Computer Systems Design. Compensation & benefits managers are paid most in false but are relatively concentrated in false.

Wages

Yearly Wage

$101,222

AVERAGE SALARY

± $17,213

In 2018, Compensation & benefits managers earned an average of $101,222, $47,333 more than than the average national salary of $53,888.

Electrical & electronics engineers make somewhat more than Compensation & benefits managers while Other managers make somewhat less. This chart shows the various occupations closest to Compensation & benefits managers as measured by average annual salary in the US.

View Data
Save Image
Add Data to Cart

Wage Distribution

0.404

WAGE GINI

In 2018, Compensation & benefits managers had a wage GINI coefficient of 0.404, which is lower than than the national average of 0.479. In other words, wages are distributed more evenly for Compensation & benefits managers (shown in red) than for the overall labor force (shown in gray).

View Data
Save Image
Add Data to Cart

Wage by Location

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Compensation & benefits managers.

View Data
Save Image
Add Data to Cart

Spatial Concentration

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Compensation & benefits managers.

View Data
Save Image
Add Data to Cart

Industries

Most Common

The most common industries employing Compensation & benefits managers, by number of employees, are Insurance carriers, Agencies, brokerages, and other insurance related activities, and Management, scientific & technical consulting services.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Industries by Share

19.9k

2018 Workforce

± 3,463

18.2%

1 YEAR GROWTH

± 21.7%

The number of people employed as Compensation & benefits managers has been growing at a rate of 18.2%, from 16,831 people in 2017 to 19,898 people in 2018.

This graphic shows the share of Compensation & benefits managers employed by various industries. Insurance carriers employs the largest share of Compensation & benefits managers at  8.87%, followed by Agencies, brokerages, and other insurance related activities with 8.34% and Management, scientific & technical consulting services with 5.1%.

View Data
Save Image
Add Data to Cart

Diversity

Demographic information on Compensation & benefits managers in the US. The average age of male Compensation & benefits managers in the workforce is 45.1 and of female Compensation & benefits managers is 44.5, and the most common race/ethnicity for Compensation & benefits managers is White.

Gender Composition

4.16k

MALE WORKFORCE

± 1,584

15.7k

FEMALE WORKFORCE

± 3,080

79.1% of Compensation & benefits managers are Female, making them the more common gender in the occupation. This chart shows the gender breakdown of Compensation & benefits managers.

View Data
Save Image
Add Data to Cart

Race & Ethnicity

Most Common Race or Ethnicity of Compensation & benefits managers

  1. White

  2. Black

  3. Asian

79.3% of Compensation & benefits managers are White, making that the most common race or ethnicity in the occupation. Representing 14.6% of Compensation & benefits managers, Black is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Compensation & benefits managers.

View Data
Save Image
Add Data to Cart

Age by Gender

45.1

AVERAGE MALE AGE

± 3.87

44.5

AVERAGE FEMALE AGE

± 1.93

The median age of Compensation & benefits managers is 44.6, and Male employees are generally 0.61 years older than than their Female counterparts.

View Data
Save Image
Add Data to Cart

Education

Data on higher education choices for Compensation & benefits managers from The Department of Education and Census Bureau. The most common major for Compensation & benefits managers is Business but a relatively high number of Compensation & benefits managers hold a major in Psychology.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

MOST COMMON MAJORS

MOST SPECIALIZED MAJORS

View Data
Save Image
Add Data to Cart

Skills

Data on the critical and distinctive skills necessary for Compensation & benefits managers from the Bureau of Labor Statistics. Compensation & benefits managers need many skills, but most especially Active Listening, Reading Comprehension, and Speaking. The revealed comparative advantage (RCA) shows that Compensation & benefits managers need more than the average amount of Management of Financial Resources, Operations Analysis, and Management of Personnel Resources.

View Data
Save Image
Add Data to Cart

Bar Chart

View Data
Save Image
Add Data to Cart