Compensation and Benefits Managers Salary in Indianapolis, IN

Updated 2024 · Source: U.S. Bureau of Labor StatisticsUSD $

Median Salary

$133,000

Average Salary

$144,000

Salary Range

$73,000 - $178,000

Est. Employment*

5,300

*Employment figures are estimates based on national occupational data distributed across metro areas. Actual local numbers may vary.

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Salary Distribution

Top 10%
$178,000
75th Percentile
$160,000
Median
$133,000
25th Percentile
$100,000
Bottom 10%
$73,000

10th to 90th percentile range. Half of all compensation and benefits managers earn between $100,000 and $160,000.

About Compensation and Benefits Managers in Indianapolis

Compensation and Benefits Managers plan, direct, and coordinate the operational activities of organizations. They formulate policies, manage daily operations, and make key decisions that shape business strategy and organizational direction.

In Indianapolis, compensation and benefits managers benefit from a lower cost of living that stretches their salary further. The area's major industries include Healthcare, Manufacturing, Logistics.

Key Skills

LeadershipStrategic PlanningBudgetingDecision MakingTeam ManagementCommunication

Education

Bachelor's degree in business, management, or a related field

Most positions require a bachelor's degree, with many employers preferring candidates who hold an MBA or master's degree in a relevant discipline. Significant work experience in the field is typically required before moving into management.

Tips to Earn More as a Compensation and Benefits Managers

1.Pursue an MBA or advanced management certification
2.Develop expertise in data-driven decision making and analytics
3.Build a track record of measurable business results
4.Expand your professional network through industry conferences and associations
5.Gain experience managing cross-functional teams and projects

Compensation and Benefits Managers Salary in Other Cities

CityMedianRangevs Indianapolis
San Jose, CA$195,000$98,000 - $268,000+47%
San Francisco, CA$187,000$94,000 - $257,000+41%
New York, NY$174,000$87,000 - $239,000+31%
Seattle, WA$174,000$87,000 - $239,000+31%
Washington DC, DC$172,000$86,000 - $236,000+29%
Boston, MA$170,000$85,000 - $234,000+28%
Los Angeles, CA$159,000$80,000 - $219,000+20%
San Diego, CA$155,000$78,000 - $213,000+17%
Austin, TX$154,000$77,000 - $212,000+16%
Denver, CO$153,000$76,000 - $210,000+15%
Honolulu, HI$153,000$76,000 - $210,000+15%
Anchorage, AK$152,000$76,000 - $209,000+14%
Portland, OR$151,000$76,000 - $208,000+14%
Sacramento, CA$151,000$76,000 - $208,000+14%
Minneapolis, MN$149,000$82,000 - $199,000+12%
Dallas, TX$146,000$80,000 - $195,000+10%
Philadelphia, PA$146,000$80,000 - $195,000+10%
Baltimore, MD$145,000$80,000 - $194,000+9%
Hartford, CT$144,000$79,000 - $193,000+8%
Chicago, IL$143,000$79,000 - $191,000+8%
Houston, TX$140,000$77,000 - $187,000+5%
Raleigh, NC$139,000$76,000 - $186,000+5%
Richmond, VA$138,000$76,000 - $185,000+4%
Atlanta, GA$137,000$75,000 - $183,000+3%
Detroit, MI$137,000$75,000 - $183,000+3%
Salt Lake City, UT$137,000$75,000 - $183,000+3%
Charlotte, NC$136,000$75,000 - $182,000+2%
Columbus, OH$136,000$75,000 - $182,000+2%
St. Louis, MO$134,000$74,000 - $179,000+1%
Cincinnati, OH$134,000$74,000 - $179,000+1%
Milwaukee, WI$134,000$74,000 - $179,000+1%
Las Vegas, NV$133,000$73,000 - $178,0000%
Miami, FL$132,000$73,000 - $177,000-1%
Nashville, TN$132,000$73,000 - $177,000-1%
Phoenix, AZ$131,000$72,000 - $175,000-2%
Tampa, FL$130,000$72,000 - $174,000-2%
Kansas City, MO$130,000$72,000 - $174,000-2%
Louisville, KY$130,000$72,000 - $174,000-2%
Toronto, ON$130,000$72,000 - $174,000-2%
Pittsburgh, PA$129,000$71,000 - $173,000-3%
Cleveland, OH$129,000$71,000 - $173,000-3%
Orlando, FL$127,000$70,000 - $170,000-5%
Jacksonville, FL$127,000$70,000 - $170,000-5%
San Antonio, TX$126,000$69,000 - $169,000-5%
New Orleans, LA$125,000$69,000 - $167,000-6%
Buffalo, NY$125,000$69,000 - $167,000-6%
Birmingham, AL$125,000$69,000 - $167,000-6%
Vancouver, BC$124,000$68,000 - $166,000-7%
Memphis, TN$123,000$68,000 - $165,000-8%
Tucson, AZ$123,000$68,000 - $165,000-8%
Oklahoma City, OK$122,000$67,000 - $163,000-8%
Calgary, AB$121,000$67,000 - $162,000-9%
Ottawa, ON$120,000$66,000 - $160,000-10%
Edmonton, AB$114,000$63,000 - $152,000-14%
Montreal, QC$109,000$60,000 - $146,000-18%
Hamilton, ON$108,000$59,000 - $144,000-19%
Halifax, NS$103,000$57,000 - $138,000-23%
Winnipeg, MB$100,000$60,000 - $130,000-25%
Quebec City, QC$98,000$59,000 - $127,000-26%