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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.
2024 Market Data

Salary Overview

$136,130

The average Compensation and Benefits Managers in Raleigh-Cary, NC earns-15.1%below the national average.

BreakdownBased on 40h/week
Hourly

$65.5

Weekly

$2,618

Monthly

$11,344

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 LevelMarket PercentileAnnual WageHourly 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

Above Average

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

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.