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Updated March 26, 2024

Compensation and Benefits Managers Salaries

Springfield, Massachusetts, US

Average Base Pay

$108,510/yr

52.17% above national average

Additional Cash Compensation

Average: $108,510


Range: $65,290-$157,200

 

How much does a Compensation and Benefits Managers role make in Springfield, Massachusetts, US?

Career Ladder Pay for Compensation and Benefits Managers Roles

A person in an entry-level Compensation and Benefits Managers role with under one year of job experience can expect to make an average annual salary of $65,290. A Compensation and Benefits Managers candidate with 1-4 years of experience makes an average total salary of $80,870. A person in a mid-career Compensation and Benefits Managers role with 5-9 years of experience makes an average salary of $108,510 a year. Compensation and Benefits Managers with 10 or more years of experience make an average of $126,840. In their late career (over 20 years of experience), a person in a Compensation and Benefits Managers role’s annual salary averages $157,200 per year.

What is the average Compensation and Benefits Managers salary in Springfield, Massachusetts, US?

Average base salary, as of 2024 : $108,510

Salary Breakdown

  Average base salary (percentile)
 25th50th75th
Annual salary$27,128$54,255$81,383
Monthly salary$2,261$4,521$6,782
Weekly salary$565$1,130$1,695
Hourly salary$81$161$242

Where can a Compensation and Benefits Managers role earn more money?

VS

Similar jobs with comparable annual salaries.

FREQUENTLY ASKED SALARY QUESTIONS

Will extra certification for Compensation and Benefits Managers roles boost salary?

While certifications are not required for every Compensation and Benefits Managers position, they can certainly increase your salary and lead to an easier recruitment process when applying to enterprises that favor candidates with additional certifications.

Is the Compensation and Benefits Managers position in high demand?

The current Bureau of Labor Statistics states the salary is $108,510 higher than the national average for Compensation and Benefits Managers positions.

Is there advancement potential for a Compensation and Benefits Managers role?

Yes, there is strong potential for promotion — either with an additional educational degree or with continued years of experience. There are a multitude of other positions Compensation and Benefits Managers roles that can advance both internally and with another company.

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