Compensation and Benefits Managers vs Financial Managers: Salary Comparison

Side-by-side salary data across all 50 states. Data from the Bureau of Labor Statistics (2024).

National Salary Overview

Compensation and Benefits Managers

Median Salary
$126,762
Average (Mean)
$138,611
Employed Nationwide
17,040
VS

Financial Managers

Median Salary
$138,788
Average (Mean)
$157,192
Employed Nationwide
787,360
Financial Managers earns $12,026 more (9.5%)

Key Metrics Compared

Median Salary $126,762 $138,788
Average (Mean) Salary $138,611 $157,192
Total Employment 17,040 787,360
States with Higher Pay 7 35

Salary by State: Compensation and Benefits Managers vs Financial Managers

Showing 42 states where both occupations have BLS data. Compensation and Benefits Managers pays more in 7 states; Financial Managers pays more in 35.

State Compensation and Benefits Managers Financial Managers Difference
Alabama $104,300
$134,080
$-29,780
Alaska $106,280
$127,000
$-20,720
Arkansas $92,460
$101,230
$-8,770
California $154,530
$169,780
$-15,250
Colorado $158,750
$168,410
$-9,660
Connecticut $168,440
$162,260
+$6,180
District of Columbia $164,980
$172,060
$-7,080
Florida $116,850
$135,780
$-18,930
Georgia $147,490
$159,620
$-12,130
Hawaii $93,070
$123,010
$-29,940
Illinois $116,580
$149,900
$-33,320
Indiana $114,000
$125,280
$-11,280
Iowa $94,350
$126,230
$-31,880
Kansas $119,950
$134,770
$-14,820
Kentucky $105,480
$122,770
$-17,290
Louisiana $89,550
$109,280
$-19,730
Maine $127,170
$129,630
$-2,460
Maryland $136,380
$146,860
$-10,480
Massachusetts $169,690
$169,870
$-180
Michigan $134,100
$131,770
+$2,330
Minnesota $138,260
$151,000
$-12,740
Mississippi $86,760
$95,830
$-9,070
Missouri $129,410
$130,990
$-1,580
Nebraska $110,390
$132,510
$-22,120
Nevada $79,240
$123,990
$-44,750
New Hampshire $120,300
$140,380
$-20,080
New Jersey $179,090
$185,430
$-6,340
New York $179,110
$215,430
$-36,320
North Carolina $126,290
$146,860
$-20,570
Ohio $140,240
$131,610
+$8,630
Oklahoma $100,760
$125,430
$-24,670
Oregon $138,980
$137,390
+$1,590
Pennsylvania $100,740
$137,770
$-37,030
Rhode Island $161,970
$159,390
+$2,580
South Carolina $92,410
$125,270
$-32,860
Tennessee $114,040
$129,970
$-15,930
Texas $125,010
$155,380
$-30,370
Utah $115,390
$132,200
$-16,810
Virginia $151,420
$166,680
$-15,260
Washington $175,900
$168,120
+$7,780
West Virginia $111,660
$96,630
+$15,030
Wisconsin $132,240
$133,430
$-1,190

Frequently Asked Questions

Who makes more: Compensation and Benefits Managers or Financial Managers?
On average across all states, a Financial Managers earns more than a Compensation and Benefits Managers. The national median salary difference is $12,026 (9.5%) based on 2024 BLS data.
In how many states does a Compensation and Benefits Managers earn more than a Financial Managers?
A Compensation and Benefits Managers earns a higher median salary than a Financial Managers in 7 out of 42 states where both occupations have BLS data. A Financial Managers pays more in 35 states.
What is the median salary for a Compensation and Benefits Managers vs Financial Managers?
The national median salary for a Compensation and Benefits Managers is $126,762 per year, compared to $138,788 for a Financial Managers, according to 2024 BLS OEWS data.
Which has more jobs: Compensation and Benefits Managers or Financial Managers?
There are more people employed as Financial Managers. BLS reports approximately 17,040 Compensation and Benefits Managers positions and 787,360 Financial Managers positions nationwide (2024).
Should I become a Compensation and Benefits Managers or Financial Managers?
Both Compensation and Benefits Managers and Financial Managers are viable career paths. Beyond salary, consider factors like job availability in your state, work-life balance, education requirements, growth potential, and personal interests. Visit each occupation's salary page for state-specific data and career insights.