Career roadmap

How to Become a Compensation and Benefits Manager

The education, training, certifications and steps it takes to start working as a compensation and benefits manager, plus how long it takes and where the career can lead.

Updated By the Career Education Institute Curriculum Team
How do you become a compensation and benefits manager?

To become a compensation and benefits manager: (1) earn a bachelor’s, (2) work as an HR or comp analyst, (3) earn the CCP or CEBS, (4) lead programs, (5) become a manager. Most people need about 5+ years of experience. BLS lists “bachelor's degree” as the typical entry-level education.

5 steps to become a compensation and benefits manager

  1. Earn a bachelor’s

    HR or business.

  2. Work as an HR or comp analyst

    Entry.

  3. Earn the CCP or CEBS

    Credentials.

  4. Lead programs

    Senior analyst.

  5. Become a manager

    Lead total rewards.

Education and training requirements

A bachelor’s degree in human resources, business or finance is typical.

Typical entry-level education (BLS)Bachelor's degree
Related work experience5 years or more
On-the-job trainingNone
Typical training time5+ years of experience

Certifications and licenses

  • CCP: Certified Compensation Professional.
  • CBP: Certified Benefits Professional.
  • CEBS: Certified Employee Benefit Specialist.
  • SHRM-SCP: Senior HR credential.

Skills to build now

Start with compensation design, benefits administration, and market pricing, and practice confidentiality and communication. Learning the compensation and benefits manager vocabulary early makes training and interviews easier.

Where the career can lead

  1. Compensation Analyst: Entry.
  2. Senior Analyst: Lead projects.
  3. Compensation and Benefits Manager: Lead programs.
  4. VP Total Rewards: Lead strategy.

Get a head start

Our self-paced Compensation and Benefits Manager training gives you a realistic, practical overview of the job (duties, terminology, step-by-step tasks, safety and interview prep) so you can decide with confidence and show employers you’re serious.

Common questions about getting started

How long does it take to become a compensation and benefits manager?

Most people need about 5+ years of experience of training. A bachelor’s degree in human resources, business or finance is typical.

Do you need a degree to be a compensation and benefits manager?

Usually, yes. BLS lists a bachelor's degree as the typical entry-level education, although skills, certifications and experience can sometimes substitute.

What certifications are available for compensation and benefits managers?

Common credentials include CCP, CBP, CEBS, and SHRM-SCP. Requirements vary by state and employer.

Sources

Reviewed by the Career Education Institute Curriculum Team. Pay figures are national estimates; local pay varies. See our editorial policy.

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