SalaryNode

Average Compensation and Benefits Managers Salary in Trenton-Princeton, NJ

Yes, Trenton-Princeton, NJ is a highly lucrative market for Compensation and Benefits Managerss. With an average annual salary of $191,990, professionals here earn significantly more than the national norm. Notably, Trenton-Princeton, NJ is a key hub for this profession, with a job concentration 1.66x higher than average.

Executive Summary

  • Average Salary: $191,990 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $287,985.
  • Outlook: The current demand for Compensation and Benefits Managerss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Trenton-Princeton, NJ economy.
2024 Market Data

Salary Overview

$191,990

The average Compensation and Benefits Managers in Trenton-Princeton, NJ earns+19.7%above the national average.

BreakdownBased on 40h/week
Hourly

$92.3

Weekly

$3,692

Monthly

$15,999

Compensation and Benefits Managers Salary Distribution in Trenton-Princeton, NJ

The earning potential for Compensation and Benefits Managerss in Trenton-Princeton, NJ varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $120,890, while highly experienced professionals can command wages upwards of $287,985.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$120,890$58.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$143,993$69.2
ManagerOversees team, compliance, and project delivery.50% (Median)$199,680$96
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$239,988$115.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$287,985$138.5

Detailed Compensation and Benefits Managers Market Analysis

Relocation Context

Nominal Salary

$191,990

Gross Pay

Real Wage (Purchasing Power)

$191,990

Adjusted for COL (100)

In Trenton-Princeton, NJ, the Cost of Living Index is 100. This increases your effective purchasing power from $191,990 to $191,990.

Job Market Context

50

Total Jobs

0.216

Per 1K Jobs

1.66

Location Quotient

Major Hub

Trenton-Princeton, NJ has 1.7x the national concentration of Compensation and Benefits Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

50 people work as Compensation and Benefits Managers in Trenton-Princeton, NJ.

Only 0.216 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 Trenton-Princeton, NJ

Hiring Compensation and Benefits Managerss?

Frequently Asked Questions

How much does a Compensation and Benefits Managers make in Trenton-Princeton, NJ?

The median annual salary for a Compensation and Benefits Managers in Trenton-Princeton, NJ is $191,990. This typically ranges from $120,890 for entry-level positions to $287,985 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Trenton-Princeton, NJ is 19.7% higher than the national median of $160,420.

Is Trenton-Princeton, NJ a good place for Compensation and Benefits Managerss?

Yes, Trenton-Princeton, NJ is an excellent location for Compensation and Benefits Managerss. It offers both higher-than-average salaries ($191,990) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Trenton-Princeton, NJ a good place to live for Compensation and Benefits Managers?

The Cost of Living Index in Trenton-Princeton, NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Trenton-Princeton, NJ?

Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($147,850) and Allentown-Bethlehem-Easton, PA-NJ.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Trenton-Princeton, NJ area with a job density of 0.216 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.