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Compensation & Benefits Manager Salary
in Chicago, Illinois

$135,428 (USD)

Average Salary


Average Hourly


Average Bonus

Last updated: June 25, 2019

Salary Recap

The average pay for a Compensation & Benefits Manager is $135,428 a year and $65 an hour in Chicago, Illinois, United States. The average salary range for a Compensation & Benefits Manager is between $94,099 and $168,497. On average, a Bachelor's Degree is the highest level of education for a Compensation & Benefits Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

Scroll for Salary Potential, Education and Skills

Job Summary

  • Manages and evaluates both the compensation and benefits functions for organizations, including participating in the design of plans, hiring, salary and incentive, job evaluation, performance appraisal, life and health insurance, disability, and pension and profit sharing programs.
  • Provides annual salary action plans.
Compensation & Benefits Manager Job Prevalence in Chicago, Illinois, United States

Job family: Compensation and Benefits Managers

Job family population: 15,520

Estimated population of Compensation & Benefits Manager jobs: 360

Rate of error: 1.6%

Salary Potential

Estimated salary in 2024:
5 Year Change:
16 %



About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,705,994 (2018), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Compensation & Benefits Manager Job Listings for Chicago, Illinois

Benefits Manager
May 25
Rosemont, IL, USA
HR Source Staffing
... of compensation and benefits administration, policies, procedures, practices, products, services ... management skills, including ability to manage multiple projects, competing priorities and work ...
Compensation and Benefits Analyst
Apr 10
Lincolnshire, IL, USA
Saputo Cheese USA
SUMMARY OF TASKS As a Compensation & Benefits Analyst, you will learn the Saputo business from the ... Identify opportunities to improve processes, including preparing and analyzing regular management ...
Group Employee Benefits Account Manager MNN7702
Jun 19
Chicago, IL, USA
Capstone Search Group
About the Role The role of Group Benefits Account Manager is critical for this Chicago insurance ... plans Compensation, Benefits, & Perks $65k-$75k salary + full benefits plan and bonus eligible ...
Benefits Administrator $28/HR Job ID: 405012
Jun 11
Warrenville, IL, USA
Addison Group-Schaumburg
Manage, administer and analyze all leave of absences, processes claims including: Life, AD&D, STD ... Ensure compensation and benefits standards comply with company policies and/or other regulations or ...
Benefits and Compensation Specialist
May 30
Chicago, IL, USA
Synectics Inc.
... Senior Management. Prepares modeling for compensation plan design changes, including analyzing the financial and proxy disclosure impact of plan design. Assist in development of the initial ...
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