Compensation and Benefits Managers in Colorado
Is Colorado a good place for you to work as a Compensation and Benefits Manager?
You’re in luck! Jobs for Compensation and Benefits Managers in Colorado are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Compensation and Benefits Managers in Colorado is growing faster than average.
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Compensation and Benefits Managers in Colorado earn higher salaries than the typical U.S. wage earner.
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How Many Compensation and Benefits Managers Work in Colorado?
There were approximately 150 workers employed as Compensation and Benefits Managers in this state in 2018.
There were 150 Compensation and Benefits Managers employed in this state in 2017.
The amount of jobs between 2017 and 2018 is holding steady.
The typical state has 170 Compensation and Benefits Managers working in it, which means Colorado has fewer Compensation and Benefits Managers than average.
Job Projections for Colorado
Jobs for Compensation and Benefits Managers in this state are growing at a rate of 15.8% which is faster than the nationwide estimated projection of 5.1%.
Colorado Annual Job Openings
The BLS is projecting 20 annual Compensation and Benefits Managers job openings in Colorado, and 220 total jobs in the year 2026.
Nationwide, the prediction is 1,200 annual jobs and 16,600 total jobs in 2026.
What do Compensation and Benefits Managers Make in Colorado?
In 2018 wages for Compensation and Benefits Managers ranged from $92,110 to $208,000 with $152,150 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $44.28 to $100. The median hourly rate was $73.15.
In 2017 the median pay for this field was $64.6 an hour.
The hourly rate grew by $8.55.
The median salary in Colorado is higher than the nationwide median salary.
Top Colorado Metros for Compensation and Benefits Managers
The table below shows some of the metros in this state with the most Compensation and Benefits Managers.
Metro | Number Employed | Annual Median Salary |
---|---|---|
Denver-Aurora-Lakewood, CO | 120 | $155,660 |
Top States for Compensation and Benefits Managers Employment
The table below shows the states where most Compensation and Benefits Managers work.
State | Number Employed | Annual Median Salary |
---|---|---|
New York | 1,510 | $146,700 |
Illinois | 1,100 | $113,700 |
Texas | 970 | $111,910 |
Massachusetts | 850 | $117,930 |
Florida | 820 | $106,590 |
North Carolina | 600 | $109,040 |
Ohio | 550 | $118,760 |
Georgia | 530 | $118,000 |
Maryland | 460 | $137,330 |
Tennessee | 430 | $96,830 |
Minnesota | 420 | $129,240 |
Pennsylvania | 400 | $131,690 |
Connecticut | 370 | $145,630 |
New Jersey | 370 | $160,140 |
Washington | 310 | $134,340 |
Virginia | 310 | $134,580 |
Michigan | 280 | $118,200 |
Arizona | 260 | $96,290 |
Utah | 250 | $93,260 |
Wisconsin | 210 | $110,690 |
Below are the states where Compensation and Benefits Managers get paid the most:
State | Annual Median Salary |
---|---|
Delaware | $169,100 |
New Jersey | $160,140 |
Colorado | $152,150 |
New York | $146,700 |
Connecticut | $145,630 |
California | $139,770 |
Maryland | $137,330 |
Virginia | $134,580 |
Washington | $134,340 |
Pennsylvania | $131,690 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Arunkumar Umapathy under License
More about our data sources and methodologies.
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