Management & Entrepreneurship · Leadership & Operations

Compensation & Benefits Manager

Compensation and benefits managers plan, develop, and oversee programs to pay employees.

What the job is

The work
Compensation and benefits managers plan, develop, and oversee programs to pay employees.
BLS
Compensation and Benefits Managers — Summary (Quick Facts)U.S. Bureau of Labor Statistics (OOH)
Checked
20 Oct 2026
View source
Work environment
Compensation and benefits managers work in nearly every industry. Some work more than 40 hours per week.
BLS
Compensation and Benefits Managers — Summary (Quick Facts)U.S. Bureau of Labor Statistics (OOH)
Checked
20 Oct 2026
View source
Good fit for
Detail-minded HR or finance people who want to design how an organization pays its staff.

Key numbers

U.S. Bureau of Labor Statistics, Occupational Outlook Handbook, pay for May 2025 (compensation and benefits managers).

Median pay
$149,230 a year ($71.75 an hour)
BLS
Compensation and Benefits Managers — Summary (Quick Facts)U.S. Bureau of Labor Statistics (OOH)
Checked
20 Oct 2026
View source
Jobs in 2025
23,700
Typical entry
Bachelor's degree
Work experience
5 years or more
Training after hire
None

Job outlook, 2025–35

Projected growth
+1%, which BLS calls "slower than average"
BLS
Compensation and Benefits Managers — Summary (Quick Facts)U.S. Bureau of Labor Statistics (OOH)
Checked
20 Oct 2026
View source
Jobs added
+300 over 2025–35
All U.S. jobs
3.5% over the same period, for comparison

How to become one

The usual route
Compensation and benefits managers typically need a bachelor’s degree and related work experience.
BLS
Compensation and Benefits Managers — Summary (Quick Facts)U.S. Bureau of Labor Statistics (OOH)
Checked
20 Oct 2026
View source
In short
Compensation and benefits managers typically need a bachelor's degree in business, human resources or a related field and related work experience. Managers often start as compensation, benefits and job analysis specialists; certification is not required, but some positions require it.
License
None
Paying for it
File the FAFSA (opens by October 1) for grants, work-study and federal loans; a Pell Grant pays up to $7,395 a year (2026–27). Average public four-year tuition and fees: $11,950 in-state vs $31,880 out-of-state (2025–26). Residency rules and regional discounts · Save with 2+2 transfer
Your state
StateChoose a state

Step-by-step roadmap

The routes step by step, the exam gates and the state license step are on one page.

Every number links to the BLS page it came from, checked 20 Oct 2026. Education Margdarshan does not recommend paid courses.