Compensation and Benefits Managers salary in Indianapolis-Carmel-Greenwood, IN
Compensation and Benefits Managers in the Indianapolis-Carmel-Greenwood, IN metro area earn a median of $114,410 a year ($55.01 an hour), based on BLS data for 80 workers.
Pay ranges from $81,430 for the lowest-paid 10% to $199,910 for the top 10%. That is 23% lower than the national median of $149,230. Pay here is 3% lower than the Indiana statewide median of $118,180. There are 0.07 compensation and benefits managers per 1,000 jobs here — the job is less common than nationally (location quotient 0.48). The average (mean) salary is $132,110, above the median because a few high earners pull it up.
Pay range for compensation and benefits managers in Indianapolis-Carmel-Greenwood, IN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $81,430 | $39.15 |
| 25th percentile | $102,600 | $49.33 |
| Median | $114,410 | $55.01 |
| 75th percentile | $154,750 | $74.40 |
| 90th percentile (top earners) | $199,910 | $96.11 |
| Average (mean) | $132,110 | $63.51 |
Half of compensation and benefits managers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $9,534.17 |
| Semi-monthly (24 a year) | $4,767.08 |
| Biweekly (26 a year) | $4,400.38 |
| Weekly | $2,200.19 |
| Hourly | $55.01 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $114,410 salary, see how much house you can afford in Indiana at today's mortgage rates, or work out a payment with the mortgage calculator.
Compensation and Benefits Managers salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | $155,340 | 610 |
| Cincinnati, OH-KY-IN | $136,220 | 100 |
| Louisville/Jefferson County, KY-IN | $127,730 | 60 |
Highest-paying states for compensation and benefits managers
| State | Median salary |
|---|---|
| Washington | $199,190 |
| Connecticut | $197,970 |
| Massachusetts | $184,070 |
| New York | $175,620 |
| New Jersey | $168,370 |
| California | $166,730 |
| Delaware | $166,070 |
| Colorado | $165,770 |
| Minnesota | $163,390 |
| Georgia | $163,060 |
See Compensation and Benefits Managers pay in every state or the Indiana statewide figures.
Related jobs in Indianapolis-Carmel-Greenwood, IN
| Job | Median salary | Hourly |
|---|---|---|
| Financial Manager | $146,620 | $70.49 |
| Computer and Information Systems Managers | $155,230 | $74.63 |
| Administrative Services Manager | $123,520 | $59.39 |
| Industrial Production Manager | $124,030 | $59.63 |
| Transportation, Storage, and Distribution Managers | $111,390 | $53.55 |
| Facilities Manager | $109,160 | $52.48 |
| Human Resources Manager | $135,770 | $65.28 |
| Training and Development Managers | $99,550 | $47.86 |
| Purchasing Manager | $135,240 | $65.02 |
| General and Operations Managers | $120,480 | $57.92 |
| Managers, All Other | $75,460 | $36.28 |
| Medical and Health Services Managers | $106,010 | $50.97 |
| Sales Manager | $137,410 | $66.06 |
| Construction Manager | $109,930 | $52.85 |
More: Management Occupations · all salaries in Indianapolis-Carmel-Greenwood, IN
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 11-3111. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a compensation and benefits managers make in Indianapolis-Carmel-Greenwood, IN?
The median salary for compensation and benefits managers in the Indianapolis-Carmel-Greenwood, IN metro area is $114,410 a year, or $55.01 an hour. Pay ranges from $81,430 for the lowest-paid 10% to $199,910 for the top 10%.
How much do the highest-paid compensation and benefits managers make in Indianapolis-Carmel-Greenwood, IN?
The top 10% of compensation and benefits managers in the Indianapolis-Carmel-Greenwood, IN metro area earn at least $199,910 a year. The top 25% earn $154,750 or more.
What is the starting pay for compensation and benefits managers in Indianapolis-Carmel-Greenwood, IN?
Entry-level pay (the 10th percentile) is about $81,430 a year, and a quarter of compensation and benefits managers earn $102,600 or less.
How many compensation and benefits managers work in Indianapolis-Carmel-Greenwood, IN?
About 80 compensation and benefits managers are employed in the Indianapolis-Carmel-Greenwood, IN metro area, not counting the self-employed.