Average Compensation and Benefits Managers Salary in New Haven, CT
The average salary for a Compensation and Benefits Managers in New Haven, CT is $160,090. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $160,090 per year.
- Growth Trend: Salaries have shifted 9.7% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $240,135.
- Outlook: The current demand for Compensation and Benefits Managerss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader New Haven, CT economy.
Salary Overview
The average Compensation and Benefits Managers in New Haven, CT earns-0.2%below the national average.
$77
$3,079
$13,341
Compensation and Benefits Managers Salary Trends (2020-2024)
Over the past 4 years, Compensation and Benefits Managers salaries in New Haven, CT have seen a slight adjustment of -9.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Compensation and Benefits Managers Salary Distribution in New Haven, CT
The earning potential for Compensation and Benefits Managerss in New Haven, CT varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $94,990, while highly experienced professionals can command wages upwards of $240,135.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $94,990 | $45.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $120,068 | $57.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $121,660 | $58.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $200,113 | $96.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $240,135 | $115.4 |
Detailed Compensation and Benefits Managers Market Analysis
Relocation Context
Nominal Salary
$160,090
Gross Pay
Real Wage (Purchasing Power)
$160,090
Adjusted for COL (100)
In New Haven, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $160,090 to $160,090.
Job Market Context
40
Total Jobs
0.155
Per 1K Jobs
1.19
Location Quotient
With a location quotient of 1.19, New Haven, CT has a slightly higher-than-average concentration of Compensation and Benefits Managers roles compared to the national norm.
40 people work as Compensation and Benefits Managers in New Haven, CT.
Only 0.155 out of every 1,000 local jobs are Compensation and Benefits Managers roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Compensation and Benefits Managers
| City | Salary | Dist. |
|---|---|---|
| Bridgeport-Stamford-Danbury, CT Compensation and Benefits Managers Salary | $200,050↑ 25% | 16 mi |
| Hartford-West Hartford-East Hartford, CT Compensation and Benefits Managers Salary | $184,040↑ 15% | 34 mi |
Comparing salaries near New Haven, CT
Hiring Compensation and Benefits Managerss?
Frequently Asked Questions
How much does a Compensation and Benefits Managers make in New Haven, CT?
The median annual salary for a Compensation and Benefits Managers in New Haven, CT is $160,090. This typically ranges from $94,990 for entry-level positions to $240,135 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Haven, CT is 0.2% lower than the national median of $160,420.
Is New Haven, CT a good place for Compensation and Benefits Managerss?
It depends on your priorities. While the average Compensation and Benefits Managers salary in New Haven, CT is $160,090 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of New Haven, CT. See distinct detailed breakdown below.
Is New Haven, CT a good place to live for Compensation and Benefits Managers?
The Cost of Living Index in New Haven, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Haven, CT?
Some top paying nearby cities include Bridgeport-Stamford-Danbury, CT ($200,050) and Hartford-West Hartford-East Hartford, CT.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the New Haven, CT area with a job density of 0.155 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 New Haven, CT