Average Compensation and Benefits Managers Salary in Raleigh-Cary, NC
The average salary for Compensation and Benefits Managerss in Raleigh-Cary, NC is $136,130. While this is lower than the national average, the cost of living in Raleigh-Cary, NC may offset the difference, preserving real purchasing power. Notably, Raleigh-Cary, NC is a key hub for this profession, with a job concentration 1.22x higher than average.
Executive Summary
- Average Salary: $136,130 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $221,210.
- Outlook: The current demand for Compensation and Benefits Managerss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Raleigh-Cary, NC economy.
Salary Overview
The average Compensation and Benefits Managers in Raleigh-Cary, NC earns-15.1%below the national average.
$65.5
$2,618
$11,344
Compensation and Benefits Managers Salary Trends (2020-2024)
Historical trend data for Compensation and Benefits Managers in Raleigh-Cary, NC is limited, but current market signals indicate a stable demand environment.
Compensation and Benefits Managers Salary Distribution in Raleigh-Cary, NC
The earning potential for Compensation and Benefits Managerss in Raleigh-Cary, NC varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $59,860, while highly experienced professionals can command wages upwards of $221,210.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,860 | $28.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $102,098 | $49.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $127,160 | $61.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $170,163 | $81.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $221,210 | $106.4 |
Detailed Compensation and Benefits Managers Market Analysis
Relocation Context
Nominal Salary
$136,130
Gross Pay
Real Wage (Purchasing Power)
$136,130
Adjusted for COL (100)
In Raleigh-Cary, NC, the Cost of Living Index is 100. This increases your effective purchasing power from $136,130 to $136,130.
Job Market Context
110
Total Jobs
0.159
Per 1K Jobs
1.22
Location Quotient
With a location quotient of 1.22, Raleigh-Cary, NC has a slightly higher-than-average concentration of Compensation and Benefits Managers roles compared to the national norm.
110 people work as Compensation and Benefits Managers in Raleigh-Cary, NC.
Only 0.159 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. |
|---|---|---|
| Durham-Chapel Hill, NC Compensation and Benefits Managers Salary | $105,180↓ 23% | 18 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Compensation and Benefits Managerss?
Frequently Asked Questions
How much does a Compensation and Benefits Managers make in Raleigh-Cary, NC?
The median annual salary for a Compensation and Benefits Managers in Raleigh-Cary, NC is $136,130. This typically ranges from $59,860 for entry-level positions to $221,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 15.1% lower than the national median of $160,420.
Is Raleigh-Cary, NC a good place for Compensation and Benefits Managerss?
Yes, Raleigh-Cary, NC is highly recommended due to strong job demand. While salaries are competitive ($136,130), the area is particularly notable for its high job density for Compensation and Benefits Managerss. See distinct detailed breakdown below.
Is Raleigh-Cary, NC a good place to live for Compensation and Benefits Managers?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($105,180) and others.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Raleigh-Cary, NC area with a job density of 0.159 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 Raleigh-Cary, NC