Compensation and Benefits Managers Jobs Pay in New York, NY

Average Hourly Pay

$94.34
194.8%Above national average

Range: $92.21 – $96.46

Average Annual Pay

$196,217
194.8%Above national average

Range: $191,797 – $200,637

How much do Compensation and Benefits Managers make?

Your level of experience is a key factor in determining your earning potential. Here's what you can expect at different career stages:

Entry Level

0-2 years

Hourly Rate

$80.19/hr

Range: $78.38 – $81.99

Annual Rate

$166,784

Range: $163,027 $170,541

Mid level

3-5 years

Hourly Rate

$94.34/hr

Range: $92.21 – $96.46

Annual Rate

$196,217

Range: $191,797 $200,637

Senior level

6+ years

Hourly Rate

$108.49/hr

Range: $106.04 – $110.93

Annual Rate

$225,650

Range: $220,567 $230,733

Compensation and Benefits Managers job description

Compensation and Benefits Managers professionals lead teams and departments to achieve organizational goals. They develop strategies, manage resources, and ensure operational excellence while fostering employee development.

Responsibilities
  • Lead and supervise team members
  • Develop and implement strategies
  • Manage budgets and resources
  • Set goals and monitor performance
  • Make decisions and solve problems
  • Report to senior leadership
Skills
  • Leadership and team building
  • Strategic planning
  • Communication and negotiation
  • Problem-solving
  • Financial acumen
  • Decision-making
Qualifications
  • Bachelor's degree in related field
  • Several years of relevant experience
  • Proven leadership track record
  • Industry-specific knowledge