Average Compensation and Benefits Managers Salary in Austin-Round Rock-San Marcos, TX
Compensation and Benefits Managers in the Austin-Round Rock-San Marcos, TX area earn an average annual salary of $159,220. This figure is slightly below the national average of $160,420, suggesting a highly competitive market where specialized skills are valued. Local economic factors and industry demand play a significant role in shaping compensation for these crucial HR professionals.
Executive Summary
- Average Salary: $159,220 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $232,090.
- Outlook: The local job market for Compensation and Benefits Managers in Austin-Round Rock-San Marcos, TX, appears robust, with a total workforce of 260 professionals. The Location Quotient of 1.58 indicates a concentration of these roles significantly higher than the national average, signaling strong demand and a specialized talent pool within the region.
Salary Overview
The average Compensation and Benefits Managers in Austin-Round Rock-San Marcos, TX earns-0.7%below the national average.
$76.6
$3,062
$13,268
Compensation and Benefits Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Compensation and Benefits Manager salaries in Austin-Round Rock-San Marcos, TX, have experienced steady growth over the past four years, mirroring national trends. Factors such as evolving compensation strategies, increased focus on employee well-being, and a dynamic job market likely contribute to upward salary pressure.
Compensation and Benefits Managers Salary Distribution in Austin-Round Rock-San Marcos, TX
Salary progression for Compensation and Benefits Managers in Austin-Round Rock-San Marcos, TX, typically scales with experience. Entry-level positions may start at a lower percentile, while senior roles commanding higher salaries reflect increased responsibility, strategic input, and a proven track record. The variance between salary percentiles underscores significant opportunities for career advancement and earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $96,570 | $46.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $119,415 | $57.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $151,050 | $72.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $199,025 | $95.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $232,090 | $111.6 |
Detailed Compensation and Benefits Managers Market Analysis
Relocation Context
Nominal Salary
$159,220
Gross Pay
Real Wage (Purchasing Power)
$159,220
Adjusted for COL (100)
The nominal average annual salary of $159,220 in Austin-Round Rock-San Marcos, TX, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Compensation and Benefits Manager's salary in this area is equivalent to the national average, offering a stable financial environment without significant cost-of-living adjustments needed.
Job Market Context
260
Total Jobs
0.206
Per 1K Jobs
1.58
Location Quotient
Austin-Round Rock-San Marcos, TX 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.
With a Location Quotient of 1.58, Austin-Round Rock-San Marcos, TX, exhibits a job market for Compensation and Benefits Managers that is 58% more concentrated than the national average. This suggests a higher demand for these specialists relative to the general workforce, indicating a competitive but potentially rewarding environment for both employers seeking talent and professionals looking for opportunities.
Nearby Job Markets
Hiring Compensation and Benefits Managerss?
Frequently Asked Questions
How much does a Compensation and Benefits Managers make in Austin-Round Rock-San Marcos, TX?
The median annual salary for a Compensation and Benefits Managers in Austin-Round Rock-San Marcos, TX is $159,220. This typically ranges from $96,570 for entry-level positions to $232,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Austin-Round Rock-San Marcos, TX is 0.7% lower than the national median of $160,420.
Is Austin-Round Rock-San Marcos, TX a lucrative place for Compensation and Benefits Managers?
Yes, it is a lucrative place.The area offers a competitive salary slightly below the national average, coupled with a cost of living that is exactly at the national average, making it financially attractive. Furthermore, the high concentration of these roles indicates strong local demand.
Is Austin-Round Rock-San Marcos, TX a good place to live for Compensation and Benefits Managers?
The Cost of Living Index in Austin-Round Rock-San Marcos, TX is 100. While higher than average, this often correlates with higher wages.
How does the Austin-Round Rock-San Marcos, TX salary compare to the national average?
The average annual salary for Compensation and Benefits Managers in Austin-Round Rock-San Marcos, TX, is $159,220, which is slightly lower than the national average of $160,420.
What is the concentration of Compensation and Benefits Managers in Austin-Round Rock-San Marcos, TX?
The concentration, measured by the Location Quotient, is 1.58, meaning there are significantly more Compensation and Benefits Managers per worker in this area compared to the national average.
What is the cost of living in Austin-Round Rock-San Marcos, TX compared to the national average?
The cost of living index in Austin-Round Rock-San Marcos, TX, is 100, which is exactly on par with the national average.
How many Compensation and Benefits Managers are there in the Austin-Round Rock-San Marcos, TX area?
There are approximately 260 Compensation and Benefits Managers employed in the Austin-Round Rock-San Marcos, TX metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Austin-Round Rock-San Marcos, TX area with a job density of 0.206 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Compensation and Benefits Managers Salaries by State
Top Jobs in Austin-Round Rock-San Marcos, TX
- All Occupations Salary in Austin-Round Rock-San Marcos, TX
- Office and Administrative Support Occupations Salary in Austin-Round Rock-San Marcos, TX
- Management Occupations Salary in Austin-Round Rock-San Marcos, TX
- Food Preparation and Serving Related Occupations Salary in Austin-Round Rock-San Marcos, TX
- Sales and Related Occupations Salary in Austin-Round Rock-San Marcos, TX
- Business and Financial Operations Occupations Salary in Austin-Round Rock-San Marcos, TX
- Transportation and Material Moving Occupations Salary in Austin-Round Rock-San Marcos, TX
- Computer and Mathematical Occupations Salary in Austin-Round Rock-San Marcos, TX
- Educational Instruction and Library Occupations Salary in Austin-Round Rock-San Marcos, TX
- Healthcare Practitioners and Technical Occupations Salary in Austin-Round Rock-San Marcos, TX
- Browse All Jobs in Austin-Round Rock-San Marcos, TX →
Semantic Salary Analysis for Compensation and Benefits Managers • Data source: BLS OEWS 2024 •Jobs in Austin-Round Rock-San Marcos, TX