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how much does a benefits administrator make

by Caleb Beahan Published 2 years ago Updated 2 years ago
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The salaries of Compensation and Benefits Administrators in the US range from $111,485 to $151,288 , with a median salary of $122,797 . The middle 50% of Compensation and Benefits Administrators makes between $122,904 and $132,080, with the top 83% making $151,288.

How to become benefits administrator?

Best colleges and universities for Benefits Administrator

  • Butler University
  • Carroll College
  • Cooper Union
  • High Point University
  • Princeton University
  • Providence College

What is the average salary of an administrator?

The base salary for Administrator ranges from $51,959 to $84,405 with the average base salary of $62,601. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $51,959 to $84,405 with the average total cash compensation of $62,601. * Base Salary represents gross income before taxes and deductions.

What are the benefits of being an administrator?

Top 4 Benefits of Administrative Jobs

  1. Broad Scope of Responsibilities. First things first, a position in office administration requires you to “wear many hats,” as the saying goes.
  2. Autonomous Environment. As an administrative employee who, again, will be responsible for the completion of a variety of tasks, you’ll be expected to be able to work autonomously.
  3. Building Relationships. ...

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How much does a payroll administrator make?

Most common benefits for Payroll Administrators

  • Paid jury duty
  • 401 (k)
  • Flexible spending account
  • 401 (k) matching

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What is the role of a benefits administrator?

The benefits administrator position is responsible for directing and planning the day-to-day operations of group benefits programs (group health, dental, vision, short-term and long-term disability, worker's compensation, life insurance, travel and accident plan, flexible spending plan, retirement plans, etc.).

What is a HR benefits administrator?

Benefits administrators work within a company's human resources department and are responsible for planning and administering employee benefit programs. They communicate with employees, resolve benefit-related issues, and collaborate with other departments and external vendors.

How can I learn benefits administration?

5 Essential Steps in Benefits AdministrationDecide which benefits to offer. ... Manage benefit costs. ... Administer benefits efficiently. ... Maintain compliance. ... Align benefits to your employees' needs.

What does the Employee Benefits Security Administration do?

The Employee Benefits Security Administration (EBSA) is an agency of the Department of Labor that was established in 1970. EBSA's overall role is to protect the benefits of U.S. employees through the enforcement of rules and regulations that apply to investment plans and investment managers.

How much does a Benefit Administrator in United States make?

The national average salary for a Benefit Administrator is $48,450 per year in United States. Filter by location to see a Benefit Administrator sal...

What is the highest salary for a Benefit Administrator in United States?

The highest salary for a Benefit Administrator in United States is $74,036 per year.

What is the lowest salary for a Benefit Administrator in United States?

The lowest salary for a Benefit Administrator in United States is $31,706 per year.

What is the a Benefit Administrator career path and salary trajectory?

If you are thinking of becoming a Benefit Administrator or planning the next step in your career, find details about the role, the career path and...

What is benefits administrator?

Benefits Administrator I administers and maintains company benefits programs. Informs and guides employees on benefits matters regarding eligibility, coverage and provisions. Being a Benefits Administrator I compiles and maintains benefits records and documentation. May require an associate degree or its equivalent. Additionally, Benefits Administrator I typically reports to a Supervisor or a Manager. The Benefits Administrator I works on projects/matters of limited complexity in a support role. Self-motivated and able to work independently. To be a Benefits Administrator I typically requires 0-2 years of related experience. (Copyright 2021 Salary.com)... View full job description

How much does a benefit administrator make in 2021?

The average Benefits Administrator I salary in the United States is $54,428 as of June 28, 2021, but the range typically falls between $47,709 and $65,013. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Most common benefits

The average salary for a benefits administrator is $53,282 per year in the United States. 952 salaries reported, updated at February 12, 2022.

How much should you be earning?

Get an estimated calculation of how much you should be earning and insight into your career options. See more details

Featured Content

New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.

What is the Pay by Experience Level for Benefits Administrators?

An entry-level Benefits Administrator with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $46,009 based on 29 salaries. An early career Benefits Administrator with 1-4 years of experience earns an average total compensation of $50,625 based on 404 …Read more

What Do Benefits Administrators Do?

Benefits administrators provide human resources-related advice and information to the workers in their organization. They give information about different benefit programs and process applications to all relevant employees. Another main responsibilities include data input into the company databases.

Job Satisfaction for Benefits Administrator

Based on 236 responses, the job of Benefits Administrator has received a job satisfaction rating of 4.08 out of 5. On average, Benefits Administrator s are highly satisfied with their job.

Gender Breakdown

This data is based on 593 survey responses. Learn more about the gender pay gap.

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