Average Compensation and Benefits Managers Salary in Albany-Schenectady-Troy, NY
The average salary for a Compensation and Benefits Managers in Albany-Schenectady-Troy, NY is $147,330. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Albany-Schenectady-Troy, NY is a key hub for this profession, with a job concentration 1.55x higher than average.
Executive Summary
- Average Salary: $147,330 per year.
- Growth Trend: Salaries have shifted 6.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $220,995.
- Outlook: The current demand for Compensation and Benefits Managerss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
Salary Overview
The average Compensation and Benefits Managers in Albany-Schenectady-Troy, NY earns-8.2%below the national average.
$70.8
$2,833
$12,278
Compensation and Benefits Managers Salary Trends (2020-2024)
Over the past 3 years, Compensation and Benefits Managers salaries in Albany-Schenectady-Troy, NY have remained stable with a modest increase of 6.2%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Compensation and Benefits Managers Salary Distribution in Albany-Schenectady-Troy, NY
The earning potential for Compensation and Benefits Managerss in Albany-Schenectady-Troy, NY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $92,190, while highly experienced professionals can command wages upwards of $220,995.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $92,190 | $44.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $110,498 | $53.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $130,690 | $62.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $184,163 | $88.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $220,995 | $106.2 |
Detailed Compensation and Benefits Managers Market Analysis
Relocation Context
Nominal Salary
$147,330
Gross Pay
Real Wage (Purchasing Power)
$147,330
Adjusted for COL (100)
In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $147,330 to $147,330.
Job Market Context
90
Total Jobs
0.202
Per 1K Jobs
1.55
Location Quotient
Albany-Schenectady-Troy, NY has 1.6x the national concentration of Compensation and Benefits Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
90 people work as Compensation and Benefits Managers in Albany-Schenectady-Troy, NY.
Only 0.202 out of every 1,000 local jobs are Compensation and Benefits Managers roles — this is a niche profession in the area.
Nearby Job Markets
Hiring Compensation and Benefits Managerss?
Frequently Asked Questions
How much does a Compensation and Benefits Managers make in Albany-Schenectady-Troy, NY?
The median annual salary for a Compensation and Benefits Managers in Albany-Schenectady-Troy, NY is $147,330. This typically ranges from $92,190 for entry-level positions to $220,995 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany-Schenectady-Troy, NY is 8.2% lower than the national median of $160,420.
Is Albany-Schenectady-Troy, NY a good place for Compensation and Benefits Managerss?
Yes, Albany-Schenectady-Troy, NY is highly recommended due to strong job demand. While salaries are competitive ($147,330), the area is particularly notable for its high job density for Compensation and Benefits Managerss. See distinct detailed breakdown below.
Is Albany-Schenectady-Troy, NY a good place to live for Compensation and Benefits Managers?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 90 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.202 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Compensation and Benefits Managers • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY