How to Become a Compensation and Benefits Managers in Tennessee
Compensation and Benefits Managers in Tennessee earn a median salary of $122,490/year, which is 13% below the national average. Tennessee has no state income tax. After taxes and rent, a compensation and benefits managers takes home approximately $6,461/month. Most positions require Bachelor's degree.
What a compensation and benefits managers can afford in Tennessee
Becoming a compensation and benefits managers in Tennessee
Meet education requirements
Compensation and Benefits Managers positions in Tennessee typically require Bachelor's degree. Programs are available at colleges and training institutions across Tennessee. Research accredited programs in your area.
Gain required experience
Many compensation and benefits managers positions in Tennessee require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Tennessee licensure or certification
Tennessee may require specific licensing or professional certification for compensation and benefits managerss. Requirements vary by state — contact the Tennessee Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Tennessee
Tennessee employs 480 compensation and benefits managers. The highest concentrations are in Memphis and Nashville-Davidson--Murfreesboro--Franklin.
Compensation and Benefits Managers salary by metro area in Tennessee
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Memphis | $132K | $63.25/hr | 110 |
| Nashville-Davidson--Murfreesboro--Franklin | $121K | $57.96/hr | 190 |
| Knoxville | $105K | $50.47/hr | 50 |
Compensation and Benefits Managers salary range in Tennessee
Compensation and Benefits Managers careers in other states
Frequently asked questions
How much does a compensation and benefits managers make in Tennessee?▼
The median compensation and benefits managers salary in Tennessee is $122,490 per year ($58.89/hr). This is 13% below the national median of $140,360. Salaries range from $75,020 to $221,460.
What are the requirements to become a compensation and benefits managers in Tennessee?▼
Compensation and Benefits Managers positions in Tennessee typically require Bachelor's degree. Tennessee may have specific licensing or certification requirements. Check with the Tennessee licensing board or department of labor for current requirements.
Can a compensation and benefits managers afford to live in Tennessee?▼
At the median salary of $122,490, a compensation and benefits managers in Tennessee would take home approximately $7,873/month after taxes. With median 2-bedroom rent at $1,412/month, that's 17.9% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for compensation and benefits managers in Tennessee?▼
The highest paying metro areas for compensation and benefits managers in Tennessee are Memphis ($131,560), Nashville-Davidson--Murfreesboro--Franklin ($120,560), Knoxville ($104,970). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Tennessee have state income tax for compensation and benefits managers?▼
No, Tennessee does not have a state income tax. This means compensation and benefits managers keep more of their gross salary compared to states with income tax — a significant advantage for affordability.