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Career and Education Opportunities for Compensation and Benefits Managers in New York

New York has a population of 19,541,453, which has grown by 2.98% in the last 10 years. Nicknamed the "Empire State," its capital is Albany, though its most populous city is New York.

There are currently 3,790 jobs for compensation and benefits managers in New York and this is projected to grow by 5% to about 3,970 jobs by 2016. This is not quite as good as the nation as a whole, where employment opportunities for compensation and benefits managers are expected to grow by about 8.5%. Compensation and benefits managers generally 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 $104,230 yearly on average in New York and about $41 hourly or $86,500 annually on average in the U.S. as a whole. Compared with people working in the overall category of Human Resources, people working as compensation and benefits managers in New York earn more. They earn more than people working in the overall category of Human Resources nationally. Jobs in this field include: business manager, employment advisor, and wage and salary administrator.

In 2008, there were a total of 11,289,001 jobs in New York. The average annual income was $48,809 in 2008, up from $47,628 the previous year. The unemployment rate in New York was 8.4% in 2009, which has grown by 3.1% since the previous year. Approximately 27.4% of New York residents have college degrees, which is higher than the national average.

The top industries in New York include securities contracts intermediation, investment banking dealing, and apparel, piece goods, and notions merchant wholesalers. Notable tourist destinations include the Children's Galleries for Jewish Culture, the 122nd St LLC, and the American Craft Museum.

CITIES WITH Compensation and Benefits Manager OPPORTUNITIES IN New York


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 New York 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: New York

New York
New York photo by William Warby

New York has a population of 19,541,453, which has grown by 2.98% over the past 10 years. Nicknamed the "Empire State," its capital is Albany, though its most populous city is New York. In 2008, there were a total of 11,289,001 jobs in New York. The average annual income was $48,809 in 2008, up from $47,628 the preceding year. The unemployment rate in New York was 8.4% in 2009, which has grown by 3.1% since the previous year. Approximately 27.4% of New York residents have college degrees, which is higher than the national average.

The top industries in New York include securities contracts intermediation, investment banking dealing, and apparel, piece goods, and notions merchant wholesalers. Notable tourist attractions include the Abigail Adams Smith Museum, the Asian American Arts Centre, and the Anthology Film Archives Administration.