Average Compensation and Benefits Managers Salary in Washington
Compensation and Benefits Managers in Washington earn a substantial average annual salary of $211,930, significantly outpacing the national average of $160,420. This elevated compensation is driven by a combination of factors unique to the state's economic landscape, including a robust corporate presence and a high demand for specialized HR expertise.
Executive Summary
- Average Salary: $211,930 per year.
- Growth Trend: Salaries have shifted 31.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $317,895.
- Outlook: With a total local workforce of 510 Compensation and Benefits Managers, Washington demonstrates a concentrated demand for this critical role. The Location Quotient of 1.12 indicates a slightly higher concentration of these professionals compared to the national average, suggesting a stable and potentially growing job market that values their expertise.
Salary Overview
The average Compensation and Benefits Managers in Washington earns+32.1%above the national average.
$101.9
$4,076
$17,661
Compensation and Benefits Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the compensation and demand for Compensation and Benefits Managers in Washington have experienced consistent growth over the past four years. This trend is often fueled by evolving labor laws, competitive talent acquisition strategies, and the increasing complexity of benefits packages, all of which necessitate skilled professionals.
Compensation and Benefits Managers Salary Distribution in Washington
Salary progression for Compensation and Benefits Managers in Washington is strongly tied to experience and specialized skills. Entry-level positions typically command lower salaries, while senior roles, requiring extensive experience in strategic planning and complex negotiations, can reach significantly higher figures. The widening gap between entry-level and senior-level salaries reflects the substantial career growth and increased responsibility associated with advancing in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $117,930 | $56.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $158,948 | $76.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $206,320 | $99.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $264,913 | $127.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $317,895 | $152.8 |
Detailed Compensation and Benefits Managers Market Analysis
Relocation Context
Nominal Salary
$211,930
Gross Pay
Real Wage (Purchasing Power)
$184,127
Adjusted for COL (115.1)
The average annual salary of $211,930 in Washington presents a strong nominal income. However, with a Cost of Living Index of 115.1, which is 15.1% higher than the national average, a portion of this higher salary is offset by increased living expenses. Despite this, the substantial salary premium likely still provides a higher real income compared to many other states.
Job Market Context
510
Total Jobs
0.145
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Washington has a slightly higher-than-average concentration of Compensation and Benefits Managers roles compared to the national norm.
A Location Quotient of 1.12 signifies that Compensation and Benefits Managers are slightly more prevalent in Washington than the national average. This suggests a competitive yet accessible job market, where employers actively seek these specialists. While not an overwhelmingly saturated market, the concentration indicates a healthy demand that aligns with the state's economic activity.
Nearby Job Markets
Nearby Cities for Compensation and Benefits Managers
| City | Salary | Dist. |
|---|---|---|
| Seattle-Tacoma-Bellevue, WA Compensation and Benefits Managers Salary | $222,140↑ 5% | 42 mi |
Comparing salaries near Washington
Hiring Compensation and Benefits Managerss?
Frequently Asked Questions
How much does a Compensation and Benefits Managers make in Washington?
The median annual salary for a Compensation and Benefits Managers in Washington is $211,930. This typically ranges from $117,930 for entry-level positions to $317,895 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Washington is 32.1% higher than the national median of $160,420.
Is Washington a lucrative place for Compensation and Benefits Managers?
Yes, Washington is a highly lucrative state for Compensation and Benefits Managers.The average salary of $211,930 significantly exceeds the national average, and while the cost of living is higher, the premium pay offers strong earning potential.
Is Washington a good place to live for Compensation and Benefits Managers?
The Cost of Living Index in Washington is 115.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Washington?
Some top paying nearby cities include Seattle-Tacoma-Bellevue, WA ($222,140) and others.
How does Washington's average salary compare to the national average?
Compensation and Benefits Managers in Washington earn an average of $211,930 annually, which is approximately $51,510 more than the national average of $160,420.
What is the concentration of Compensation and Benefits Managers in Washington?
Washington has a Location Quotient of 1.12 for this role, indicating a slightly higher concentration of these professionals compared to the national average.
How does the cost of living affect the salary in Washington?
Washington's Cost of Living Index is 115.1, meaning it is 15.1% more expensive to live there than the national average. This higher cost of living is a contributing factor to the elevated salaries.
What does the number of jobs per 1,000 workers indicate?
With 0.145 jobs per 1,000 workers, this metric suggests a moderate presence of Compensation and Benefits Manager roles within the broader Washington workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Washington area with a job density of 0.145 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Compensation and Benefits Managers Salaries by State
Top Jobs in Washington
- All Occupations Salary in Washington
- Office and Administrative Support Occupations Salary in Washington
- Sales and Related Occupations Salary in Washington
- Business and Financial Operations Occupations Salary in Washington
- Food Preparation and Serving Related Occupations Salary in Washington
- Transportation and Material Moving Occupations Salary in Washington
- Computer and Mathematical Occupations Salary in Washington
- Educational Instruction and Library Occupations Salary in Washington
- Management Occupations Salary in Washington
- Healthcare Practitioners and Technical Occupations Salary in Washington
- Browse All Jobs in Washington →
Semantic Salary Analysis for Compensation and Benefits Managers • Data source: BLS OEWS 2024 •Jobs in Washington