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Career and Education Opportunities for Compensation and Benefits Managers in Minnesota

Minnesota has a population of 5,266,214, which has grown by 7.05% in the last 10 years. Nicknamed the "North Star State," its capital is Saint Paul, though its biggest city is Minneapolis.

Currently, 580 people work as compensation and benefits managers in Minnesota. This is expected to grow 13% to about 660 people by 2016. This is better than the national trend for compensation and benefits managers, which sees this job pool growing by about 8.5% over the next eight years. In general, compensation and benefits managers plan, direct, or coordinate compensation and benefits activities and staff of an organization.

A person working as a compensation and benefits manager can expect to earn about $50 per hour or $105,660 per year on average in Minnesota and about $41 per hour or $86,500 yearly on average in the U.S. as a whole. Compensation and benefits managers earn more than people working in the category of Human Resources generally in Minnesota and more than people in the Human Resources category nationally. Jobs in this field include: benefit director, employee benefits manager, and corporate controller.

In 2008, there were a total of 3,567,295 jobs in Minnesota. The average annual income was $42,953 in 2008, up from $41,693 the preceding year. The unemployment rate in Minnesota was 8.0% in 2009, which has grown by 2.6% since the previous year. Approximately 27.4% of Minnesota residents have college degrees, which is higher than the national average.

The top industries in Minnesota include medical, dental, and hospital equipment merchant wholesalers, general-line grocery merchant wholesalers, and real estate credit. Notable tourist destinations include the Aminah Hair Sytlist, the Holy Land Exhibit, and the Bill & Bonnie Daniels Firefighters Hall & Museum.

CITIES WITH Compensation and Benefits Manager OPPORTUNITIES IN Minnesota


JOB DESCRIPTION: Compensation and Benefits Manager

In general, compensation and benefits managers plan, direct, or coordinate compensation and benefits activities and staff of an organization.

Every day, compensation and benefits managers are expected to be able to listen to and understand others in meetings. They need to read and understand documents and reports.

Similar jobs with educational opportunities in Minnesota include:

  • Administrator. Plan, direct, or coordinate supportive services of an organization, such as recordkeeping, mail distribution, telephone operator/receptionist, and other office support services. May oversee facilities planning and maintenance and custodial operations.
  • Healthcare Manager. Plan, direct, or coordinate medicine and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.
  • Human Relations Manager. Plan, direct, and coordinate human resource management activities of an organization to maximize the strategic use of human resources and maintain functions such as employee compensation, recruitment, and regulatory compliance.
  • Postmaster. Direct and coordinate operational, administrative, and supportive services of a U.S. post office; or coordinate activities of workers engaged in postal and related work in assigned post office.

LOCATION INFORMATION: Minnesota

Minnesota
Minnesota photo by Kablammo

Minnesota has a population of 5,266,214, which has grown by 7.05% over the past 10 years. Nicknamed the "North Star State," its capital is Saint Paul, though its largest city is Minneapolis. In 2008, there were a total of 3,567,295 jobs in Minnesota. The average annual income was $42,953 in 2008, up from $41,693 the previous year. The unemployment rate in Minnesota was 8.0% in 2009, which has grown by 2.6% since the previous year. Roughly 27.4% of Minnesota residents have college degrees, which is higher than the national average.

The top industries in Minnesota include medical, dental, and hospital equipment merchant wholesalers, general-line grocery merchant wholesalers, and real estate credit. Notable tourist destinations include the Hennepin History Museum, the Minneapolis Institute of Arts, and the Fridley Historical Society Museum.