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Compensation and Benefits Managers in Tennessee

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Compensation and Benefits Managers in Tennessee

Is Tennessee a good place for you to work as a Compensation and Benefits Manager?

17.6% Jobs Projection
$96,830 Median Salary
50 Job Openings

You’re in luck! Jobs for Compensation and Benefits Managers in Tennessee are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Compensation and Benefits Managers in Tennessee is growing faster than average.

  • Compensation and Benefits Managers in Tennessee earn higher salaries than the typical U.S. wage earner.

How Many Compensation and Benefits Managers Work in Tennessee?

In 2018, there were 430 Compensation and Benefits Managers working in the state.

There were 520 Compensation and Benefits Managers employed in this state in 2017.

That’s a decline of 90 jobs between 2017 and 2018.

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The typical state has 170 Compensation and Benefits Managers working in it, which means Tennessee has more Compensation and Benefits Managers than average.

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Job Projections for Tennessee

Jobs for Compensation and Benefits Managers in this state are growing at a rate of 17.6% which is faster than the nationwide estimated projection of 5.1%.

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Tennessee Annual Job Openings

The BLS is projecting 50 annual Compensation and Benefits Managers job openings in Tennessee, and 600 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 Tennessee?

In 2018 wages for Compensation and Benefits Managers ranged from $53,890 to $160,210 with $96,830 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $25.91 to $77.02. The median hourly rate was $46.55.

Workers in this field were paid a median of $44.65 an hour in 2017.

The hourly rate grew by $1.90.

The median salary in Tennessee is higher than the nationwide median salary.

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Top Tennessee 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
Nashville-Davidson–Murfreesboro–Franklin, TN 220 $95,250
Memphis, TN-MS-AR 90 $110,160
Knoxville, TN 60 $94,070

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

More about our data sources and methodologies.

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