Compensation and Benefits Managers have generally received a Bachelor's or higher degree, plus work experience and have at least some work experience in the field before they can take on the responsibilities of the job.
Once employed, Compensation and Benefits Managers can expect to earn an average of $86,000 per year throughout their career.
In addition, over the next 10 years Compensation and Benefits Managers will be one of the fastest growing occupations. They should experience a 12.0% rate of growth during this time period. In respect to starting your own business, Compensation and Benefits Managers rarely feel the entrepreneurial itch. Currently, 1.4% of the employment base is classified as self-employed.
Given the job environment today, Compensation and Benefits Managers can consider themselves quite lucky, as only 2.7% are currently unemployed.
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