Compensation and Benefits Managers (11-3111) in Connecticut

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Compensation and Benefits Managers (11-3111) in Connecticut

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State of Connecticut (1Q 2023)
All Industry
Estimated Employment		210
Mean wage		$79.42
Entry wage		$52.11
10th percentile wage		$47.90
50th percentile wage		$73.01
90th percentile wage		$117.15

Top Employing Industries
Industry	Employment / Percent
Management of Companies and Enterprises	50	22.4%
Professional, Scientific, and Technical Services	30	13.4%
Insurance Carriers and Related Activities	30	13.2%
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	20	11.3%

Best Paying Industries
Industry	Employment / Median Wage
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	20	$113.83
Professional, Scientific, and Technical Services	30	$82.86
Management of Companies and Enterprises	50	$82.14
Insurance Carriers and Related Activities	30	$64.60

Compensation and Benefits Managers (11-3111)

Plan, direct, or coordinate compensation and benefits activities of an organization. Job analysis and position description managers are included in Human Resources Managers (11-3121).


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$73.01		$63.05		$9.96
2022	$71.59	+2.0%	$61.82	+2.0%	$9.77
2021	$68.37	+4.7%	$59.04	+4.7%	$9.33
2020	$66.85	+2.3%	$57.73	+2.3%	$9.12
2019	$65.33	+2.3%	$56.42	+2.3%	$8.91
2018	$63.58	+2.8%	$54.91	+2.8%	$8.67
2017	$62.07	+2.4%	$53.60	+2.4%	$8.47
2016	$60.31	+2.9%	$52.08	+2.9%	$8.23
2015	$58.84	+2.5%	$50.82	+2.5%	$8.03
2014	$57.66	+2.1%	$49.79	+2.1%	$7.87
Year	This Occupation		Compared to All Occupations		Difference
Current	$73.01		$25.76		$47.25
2022	$71.59	+2.0%	$24.90	+3.4%	$46.68
2021	$68.37	+4.7%	$23.56	+5.7%	$44.80
2020	$66.85	+2.3%	$22.76	+3.5%	$44.09
2019	$65.33	+2.3%	$22.11	+2.9%	$43.22
2018	$63.58	+2.8%	$21.46	+3.0%	$42.12
2017	$62.07	+2.4%	$20.85	+2.9%	$41.22
2016	$60.31	+2.9%	$20.37	+2.4%	$39.95
2015	$58.84	+2.5%	$19.85	+2.6%	$38.99
2014	$57.66	+2.1%	$19.43	+2.2%	$38.23

Reference Date: 1st Quarter 2023

Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.


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