Average Compensation and Benefits Managers Salary in Texas
Compensation and Benefits Managers in Texas earn an average annual salary of $147,660, which is slightly below the national average of $160,420. This localized pay rate is influenced by a combination of factors including the state's economic landscape, industry demand, and the overall cost of living, which is also lower than the national benchmark.
Executive Summary
- Average Salary: $147,660 per year.
- Growth Trend: Salaries have shifted 27.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $223,180.
- Outlook: With a local workforce of 1,950 Compensation and Benefits Managers, Texas demonstrates a robust presence in this specialized field. The location quotient of 1.08 indicates a slightly higher concentration of these professionals compared to the national average, suggesting a healthy and established demand for their expertise within the state's diverse industries.
Salary Overview
The average Compensation and Benefits Managers in Texas earns-8.0%below the national average.
$71
$2,840
$12,305
Compensation and Benefits Managers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Compensation and Benefits Managers in Texas have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is likely driven by increasing complexities in compensation strategies, evolving benefits landscapes, and a sustained demand for skilled professionals to manage these critical functions.
Compensation and Benefits Managers Salary Distribution in Texas
The salary range for Compensation and Benefits Managers in Texas significantly expands with experience. Entry-level positions typically start at a lower percentile, while senior and highly experienced professionals can command salaries well into the upper percentiles. These percentile gaps clearly signify the substantial career progression and earning potential available as one accumulates expertise and takes on greater responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $82,520 | $39.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $110,745 | $53.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $136,610 | $65.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $184,575 | $88.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $223,180 | $107.3 |
Detailed Compensation and Benefits Managers Market Analysis
Relocation Context
Nominal Salary
$147,660
Gross Pay
Real Wage (Purchasing Power)
$158,774
Adjusted for COL (93)
The average annual salary of $147,660 in Texas presents a favorable financial outlook when considering the local cost of living index of 93. This means that the purchasing power of a Compensation and Benefits Manager's salary in Texas is effectively higher than the nominal figure suggests, as everyday expenses are generally more affordable compared to the national average.
Job Market Context
1,950
Total Jobs
0.141
Per 1K Jobs
1.08
Location Quotient
With a location quotient of 1.08, Texas has a slightly higher-than-average concentration of Compensation and Benefits Managers roles compared to the national norm.
A location quotient of 1.08 for Compensation and Benefits Managers in Texas signifies a market where these roles are slightly more concentrated than the national average. This suggests a competitive yet accessible job market, indicating that while there are a good number of opportunities, employers are actively seeking qualified talent, making it a favorable environment for both job seekers and hiring managers.
Nearby Job Markets
Nearby Cities for Compensation and Benefits Managers
| City | Salary | Dist. |
|---|---|---|
| Austin-Round Rock-San Marcos, TX Compensation and Benefits Managers Salary | $159,220↑ 8% | 53 mi |
Comparing salaries near Texas
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Frequently Asked Questions
How much does a Compensation and Benefits Managers make in Texas?
The median annual salary for a Compensation and Benefits Managers in Texas is $147,660. This typically ranges from $82,520 for entry-level positions to $223,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Texas is 8.0% lower than the national median of $160,420.
Is Texas a lucrative place for Compensation and Benefits Managers?
Yes, Texas offers a competitive compensation package for Compensation and Benefits Managers, especially when considering the cost of living.The average salary of $147,660, combined with a cost of living index below the national average, provides strong purchasing power. The slightly higher concentration of these roles (LQ 1.08) also points to consistent demand.
Is Texas a good place to live for Compensation and Benefits Managers?
With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Texas?
Some top paying nearby cities include Austin-Round Rock-San Marcos, TX ($159,220) and others.
How does the Texas salary compare to the national average?
The average salary for Compensation and Benefits Managers in Texas is $147,660, which is approximately 8% lower than the national average of $160,420.
What is the total number of Compensation and Benefits Managers in Texas?
There are approximately 1,950 Compensation and Benefits Managers employed in Texas.
How does the cost of living in Texas affect the salary?
With a cost of living index of 93 (100 being the national average), Texas offers a lower cost of living, meaning the $147,660 salary has greater purchasing power than it would in a higher cost-of-living state.
Is the job market for Compensation and Benefits Managers strong in Texas?
Yes, the job market is strong, indicated by a location quotient of 1.08, suggesting a slightly higher concentration of these roles than the national average, implying consistent demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,950 employees in the Texas area with a job density of 0.141 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 Texas