Compensation and Benefits Managers have generally received a Bachelor's or higher degree, plus work experience and have at least some work experience in the field before they can take on the responsibilities of the job.
Once employed, Compensation and Benefits Managers can expect to earn an average of $86,000 per year throughout their career.
In addition, over the next 10 years Compensation and Benefits Managers will be one of the fastest growing occupations. They should experience a 12.0% rate of growth during this time period.
In respect to starting your own business, Compensation and Benefits Managers rarely feel the entrepreneurial itch. Currently, 1.4% of the employment base is classified as self-employed.
Given the job environment today, Compensation and Benefits Managers can consider themselves quite lucky, as only 2.7% are currently unemployed.
Academic Programs of Interest
Bachelor of Business Administration
The Bachelor of Business Administration is a bachelor's degree in business studies. In most universities, the degree is conferred upon a student after four years of full-time study (120 credit hours) in one or more areas of business concentrations. The BBA program usually includes general business courses ...more
A Health Administration degree program is usually designed to give graduates of health disciplines greater understanding of management issues and prepare them for senior management roles, and is awarded by many American, Canadian, European and Australian universities. The degree traditionally focuses ...more
Master of Business Administration
The Master of Business Administration (MBA) is a master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out ...more