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Industries with Fastest Compensation and Benefits Managers Salary Growth

These industries raised Compensation and Benefits Managers salaries the most from 2019 to 2024. Useful for deciding which industry to work in or switch to for better pay growth.

76
Industries with Growth
+66.3%
Highest Growth
+21.1%
Average Growth
9
Industries with Decline

Top 15 Industries for Salary Growth

Compensation and Benefits Managers salary increase from 2019 to 2024

All 76 Industries with Salary Growth

Rank Industry 2019 Salary 2024 Salary $ Increase % Growth
1 Business Support Services $90,280 $150,180 +$59,900 +66.3%
2 Merchant Wholesalers, Nondurable Goods $107,710 $179,130 +$71,420 +66.3%
3 Semiconductor and Other Electronic Component Manufacturing $133,070 $206,430 +$73,360 +55.1%
4 Construction of Buildings $103,930 $160,360 +$56,430 +54.3%
5 Performing Arts, Spectator Sports, and Related Industries $95,460 $138,860 +$43,400 +45.5%
6 Educational Support Services $104,280 $149,610 +$45,330 +43.5%
7 Software Publishers $149,590 $214,220 +$64,630 +43.2%
8 Funds, Trusts, and Other Financial Vehicles $108,840 $152,780 +$43,940 +40.4%
9 Other Professional, Scientific, and Technical Services $100,690 $140,280 +$39,590 +39.3%
10 Legal Services $130,370 $180,580 +$50,210 +38.5%
11 Truck Transportation $89,440 $123,460 +$34,020 +38.0%
12 Research and Development in the Physical, Engineering, and Life Sciences $137,400 $187,770 +$50,370 +36.7%
13 Scientific Research and Development Services $138,330 $187,770 +$49,440 +35.7%
14 Management, Scientific, and Technical Consulting Services $128,180 $173,390 +$45,210 +35.3%
15 Securities, Commodity Contracts, and Other Financial Investments and Related Activities $146,050 $197,490 +$51,440 +35.2%
16 Merchant Wholesalers, Durable Goods (4232, 4233, 4235, 4236, 4237, and 4239 only) $108,000 $145,320 +$37,320 +34.6%
17 Engineering Services $114,690 $149,540 +$34,850 +30.4%
18 Temporary Help Services $92,380 $120,030 +$27,650 +29.9%
19 Machinery, Equipment, and Supplies Merchant Wholesalers $114,340 $148,560 +$34,220 +29.9%
20 Professional, Scientific, and Technical Services $127,910 $165,880 +$37,970 +29.7%
21 Insurance and Employee Benefit Funds $104,450 $135,310 +$30,860 +29.5%
22 Real Estate $103,030 $132,500 +$29,470 +28.6%
23 Telecommunications $152,440 $195,500 +$43,060 +28.2%
24 Architectural, Engineering, and Related Services $116,900 $149,540 +$32,640 +27.9%
25 Chemical Manufacturing (3251, 3252, 3253, and 3259 only) $127,560 $160,990 +$33,430 +26.2%
26 Other Insurance Related Activities $96,370 $120,050 +$23,680 +24.6%
27 Merchant Wholesalers, Durable Goods $114,570 $141,890 +$27,320 +23.8%
28 Merchant Wholesalers, Nondurable Goods (4244 and 4248 only) $103,420 $126,900 +$23,480 +22.7%
29 Miscellaneous Manufacturing $132,070 $161,250 +$29,180 +22.1%
30 Computer and Electronic Product Manufacturing $149,500 $180,790 +$31,290 +20.9%
31 Elementary and Secondary Schools $99,290 $119,690 +$20,400 +20.5%
32 Management of Companies and Enterprises $130,640 $156,480 +$25,840 +19.8%
33 Nondepository Credit Intermediation $136,850 $163,480 +$26,630 +19.5%
34 Electric Power Generation, Transmission and Distribution $129,670 $154,330 +$24,660 +19.0%
35 Utilities $129,890 $154,330 +$24,440 +18.8%
36 General Medical and Surgical Hospitals $121,580 $143,830 +$22,250 +18.3%
37 Medical Equipment and Supplies Manufacturing $136,620 $161,250 +$24,630 +18.0%
38 Newspaper, Periodical, Book, and Directory Publishers $131,370 $155,040 +$23,670 +18.0%
39 Fabricated Metal Product Manufacturing $103,850 $122,400 +$18,550 +17.9%
40 Business, Professional, Labor, Political, and Similar Organizations $118,610 $139,170 +$20,560 +17.3%
41 Social Assistance $81,100 $95,100 +$14,000 +17.3%
42 Navigational, Measuring, Electromedical, and Control Instruments Manufacturing $153,750 $179,590 +$25,840 +16.8%
43 Professional and Commercial Equipment and Supplies Merchant Wholesalers $123,920 $144,610 +$20,690 +16.7%
44 Educational Services $103,180 $120,280 +$17,100 +16.6%
45 Computer Systems Design and Related Services $136,070 $158,090 +$22,020 +16.2%
46 Computer and Peripheral Equipment Manufacturing $153,290 $176,810 +$23,520 +15.3%
47 Support Activities for Transportation $103,220 $118,890 +$15,670 +15.2%
48 Agencies, Brokerages, and Other Insurance Related Activities $114,420 $131,560 +$17,140 +15.0%
49 Machinery Manufacturing (3331, 3332, 3334, and 3339 only) $117,580 $132,230 +$14,650 +12.5%
50 Direct Insurance (except Life, Health, and Medical) Carriers $141,940 $159,170 +$17,230 +12.1%
51 Heavy and Civil Engineering Construction $92,150 $103,100 +$10,950 +11.9%
52 Accommodation $81,270 $90,280 +$9,010 +11.1%
53 Traveler Accommodation $81,270 $90,280 +$9,010 +11.1%
54 Religious, Grantmaking, Civic, Professional, and Similar Organizations $115,290 $127,870 +$12,580 +10.9%
55 Credit Intermediation and Related Activities $141,350 $156,370 +$15,020 +10.6%
56 Junior Colleges $90,890 $100,300 +$9,410 +10.4%
57 Colleges, Universities, and Professional Schools $111,490 $122,890 +$11,400 +10.2%
58 Individual and Family Services $78,190 $85,770 +$7,580 +9.7%
59 Museums, Historical Sites, and Similar Institutions $101,050 $110,670 +$9,620 +9.5%
60 Hospitals $122,180 $133,720 +$11,540 +9.4%
61 Machinery Manufacturing $122,190 $132,700 +$10,510 +8.6%
62 Specialty Trade Contractors $93,660 $101,030 +$7,370 +7.9%
63 Transportation Equipment Manufacturing $160,450 $171,380 +$10,930 +6.8%
64 Building Equipment Contractors $98,290 $104,840 +$6,550 +6.7%
65 Insurance Agencies and Brokerages $133,670 $141,480 +$7,810 +5.8%
66 Plastics and Rubber Products Manufacturing $108,780 $115,060 +$6,280 +5.8%
67 Insurance Carriers and Related Activities $127,920 $134,990 +$7,070 +5.5%
68 Other Nondepository Credit Intermediation $131,640 $138,830 +$7,190 +5.5%
69 Nursing and Residential Care Facilities $98,360 $103,310 +$4,950 +5.0%
70 Offices of Physicians $112,760 $116,900 +$4,140 +3.7%
71 Chemical Manufacturing $160,990 $166,020 +$5,030 +3.1%
72 Ambulatory Health Care Services $109,090 $111,630 +$2,540 +2.3%
73 Office Administrative Services $114,710 $116,970 +$2,260 +2.0%
74 Credit Intermediation and Related Activities (5221 and 5223 only) $142,320 $144,480 +$2,160 +1.5%
75 Food Manufacturing $101,660 $102,880 +$1,220 +1.2%
76 Advertising, Public Relations, and Related Services $133,400 $134,190 +$790 +0.6%

9 Industries with Salary Decline

Rank Industry 2019 Salary 2024 Salary $ Decrease % Decline
1 Automobile Dealers $124,470 $95,720 -$28,750 -23.1%
2 Motor Vehicle and Parts Dealers $123,210 $95,720 -$27,490 -22.3%
3 Outpatient Care Centers $112,520 $98,170 -$14,350 -12.8%
4 Employment Services $103,800 $96,630 -$7,170 -6.9%
5 Home Health Care Services $99,930 $96,310 -$3,620 -3.6%
6 Insurance Carriers $142,500 $139,580 -$2,920 -2.0%
7 Amusement, Gambling, and Recreation Industries $103,380 $102,010 -$1,370 -1.3%
8 Administrative and Support Services $109,950 $109,390 -$560 -0.5%
9 Direct Health and Medical Insurance Carriers $136,810 $136,150 -$660 -0.5%

About This Data

Salary growth is calculated by comparing the median annual wage for Compensation and Benefits Managers in each industry between 2019 and 2024, using Bureau of Labor Statistics data. Growth percentage = (2024 median - 2019 median) / 2019 median × 100.

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