Average Compensation and Benefits Managers Salary in Rhode Island
Yes, Rhode Island is a highly lucrative market for Compensation and Benefits Managerss. With an average annual salary of $191,450, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $191,450 per year.
- Growth Trend: Salaries have shifted 7.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $287,175.
- 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 Rhode Island economy.
Salary Overview
The average Compensation and Benefits Managers in Rhode Island earns+19.3%above the national average.
$92
$3,682
$15,954
Compensation and Benefits Managers Salary Trends (2020-2024)
Over the past 4 years, Compensation and Benefits Managers salaries in Rhode Island have remained stable with a modest increase of 7.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Compensation and Benefits Managers Salary Distribution in Rhode Island
The earning potential for Compensation and Benefits Managerss in Rhode Island varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $112,220, while highly experienced professionals can command wages upwards of $287,175.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $112,220 | $54 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $143,588 | $69 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $183,140 | $88 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $239,313 | $115.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $287,175 | $138.1 |
Detailed Compensation and Benefits Managers Market Analysis
Relocation Context
Nominal Salary
$191,450
Gross Pay
Real Wage (Purchasing Power)
$170,937
Adjusted for COL (112)
While the average salary of $191,450 in Rhode Island is 19% higher than the national average, you should be aware of the cost of living. With a Cost of Living Index of 112, your real purchasing power is actually lower, effectively feeling like $170,937.
Job Market Context
40
Total Jobs
0.084
Per 1K Jobs
0.65
Location Quotient
Rhode Island has 0.65x the national average concentration of Compensation and Benefits Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
40 people work as Compensation and Benefits Managers in Rhode Island.
Only 0.084 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. |
|---|---|---|
| Providence-Warwick, RI-MA Compensation and Benefits Managers Salary | $185,140↓ 3% | 11 mi |
| Worcester, MA Compensation and Benefits Managers Salary | $165,980↓ 13% | 43 mi |
| Boston-Cambridge-Newton, MA-NH Compensation and Benefits Managers Salary | $192,230↑ 0% | 49 mi |
Comparing salaries near Rhode Island
Hiring Compensation and Benefits Managerss?
Frequently Asked Questions
How much does a Compensation and Benefits Managers make in Rhode Island?
The median annual salary for a Compensation and Benefits Managers in Rhode Island is $191,450. This typically ranges from $112,220 for entry-level positions to $287,175 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rhode Island is 19.3% higher than the national median of $160,420.
Is Rhode Island a good place for Compensation and Benefits Managerss?
Yes, Rhode Island is financially attractive for Compensation and Benefits Managerss. The average salary of $191,450 exceeds the national average. See distinct detailed breakdown below.
Is Rhode Island a good place to live for Compensation and Benefits Managers?
The Cost of Living Index in Rhode Island is 112. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rhode Island?
Some top paying nearby cities include Providence-Warwick, RI-MA ($185,140) and Worcester, MA.
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 Rhode Island area with a job density of 0.084 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 Rhode Island