Management Careers: Administrative Services Managers

Essential Career Information

2017 Median Pay $137,720

2016, Number of Jobs 180,100

Employment Growth Forecast, 2016-2026 6%

Entry-Level Education Requirements Bachelor's Degree

2017, Wage of the Highest 10% $208,000

2017, Wage of the Lowest 10% $88,050

 

Compensation and Benefits Managers

Education and Certifications Compensation and Benefits Managers Need

Both a compensation manager career and a benefits manager career typically begin with at least a bachelor's degree, such as a Bachelor of Human Resources, Bachelor of Business Administration, Bachelor of Business Management or a degree in a related field such as finance.

Some compensation manager and benefits manager positions require a minimum of a Masters of Human Resources Management, Masters of Finance or a Master of Business Administration (MBA).

Some employers expect a compensation manager to have previous work experience in performing complex financial analysis.

Benefits managers greatly benefit from previous work experience in human resources, finance, or management. They are also expected to have a solid understanding of government regulations and benefits practices.

Compensation managers and benefits managers typically don't need certification; however certification demonstrates mastery of certain skills and professional dedication. The International Foundation of Employee Benefit Plans and WorldatWork provide compensation manager certification and benefits manager certification.