Employee Benefits ManagerPrint
EMPLOYEE BENEFITS MANAGERS handle a company's employee benefits program, notably its health insurance and pension plans. They are responsible for promoting employee welfare by planning and administering various employee benefit programs. Familiarity with health benefits is a top priority and benefits managers must keep up with changing federal and state regulations and legislation that may affect employee benefits. Employee benefits managers must be familiar with life and disability insurance and benefits such as parental leave, child care and elder care, long-term nursing home care insurance, employee assistance and wellness programs, and flexible benefit plans.
Salary, Size & Growth
- $90,000 average per year ($43.25 per hour)
- A medium occupation (132,700 workers in 2010)
- Expected to grow moderately (0.8% per year)
Prospective EMPLOYEE BENEFITS MANAGERS should take courses in the principles of management, organizational structure, and industrial psychology. A background in law is also desirable. Some colleges and universities offer degree programs in compensation and benefits. A master's degree in personnel, labor relations, or business administration is recommended for those interested in general and top management positions. The International Foundation of Employee Benefit Plans administers an internship program for students interested in a career in the employee benefits field. No special licensing or certification is required for employee benefits managers.