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Benefit director hiring summary. Here are some key points about hiring benefit directors in the United States:
Here's a step-by-step benefit director hiring guide:
Benefits directors are professionals who plan and direct the overall design, implementation, and administration of an organization's health and welfare benefits programs. To support the decision making of the management, these directors are required to analyze benefit options and predict future costs. They should study programs so that they can identify benefit options as well as obtain advice from consultants. Benefits directors must study existing and new legislation so that they can comply with federal, state, and legal requirements and advise the management on needed actions.
First, determine the employments status of the benefit director you need to hire. Certain benefit director roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
Hiring the perfect benefit director also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
Here's a comparison of benefit director salaries for various roles:
| Type of Benefit Director | Description | Hourly rate |
|---|---|---|
| Benefit Director | Compensation managers plan, develop, and oversee programs to determine how much an organization pays its employees and how employees are paid. Benefits managers plan, direct, and coordinate retirement plans, health insurance, and other benefits that an organization offers its employees. | $35-79 |
| Hris Manager | An HRIS manager or commonly known as a human resource information system manager, is responsible for supporting and maintaining the company's HR systems. They primarily perform the complex task of making sure all HR systems are compliant with labor regulations and regularly updated... Show more | $36-70 |
| Human Resources Consultant | A human resources consultant is responsible for supporting the human resources management of an organization by advising on policies and procedures for effective employee relations. Human resources consultants analyze HR programs and current processes and initiate projects to maintain stable operations... Show more | $25-45 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Maine | $133,164 | $64 |
| 2 | Oregon | $132,628 | $64 |
| 3 | Washington | $127,072 | $61 |
| 4 | California | $123,623 | $59 |
| 5 | Massachusetts | $121,070 | $58 |
| 6 | Illinois | $120,025 | $58 |
| 7 | Michigan | $117,973 | $57 |
| 8 | Pennsylvania | $111,295 | $54 |
| 9 | New York | $110,463 | $53 |
| 10 | Virginia | $108,765 | $52 |
| 11 | District of Columbia | $106,144 | $51 |
| 12 | Ohio | $106,125 | $51 |
| 13 | New Mexico | $105,065 | $51 |
| 14 | North Carolina | $104,759 | $50 |
| 15 | Wisconsin | $102,757 | $49 |
| 16 | Minnesota | $97,106 | $47 |
| 17 | Missouri | $95,905 | $46 |
| 18 | Florida | $92,996 | $45 |
| 19 | Colorado | $92,345 | $44 |
| 20 | Arkansas | $91,664 | $44 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Cornerstone Research | $179,629 | $86.36 | |
| 2 | Children's Hospital New Orleans | $138,388 | $66.53 | |
| 3 | Bain & Company | $130,946 | $62.95 | |
| 4 | Intuit | $119,465 | $57.44 | 1 |
| 5 | REV Group | $116,575 | $56.05 | |
| 6 | Cohen & Steers | $115,492 | $55.52 | |
| 7 | Mission Regional Medical Center | $110,343 | $53.05 | |
| 8 | Children's Hospital Los Angeles | $104,952 | $50.46 | |
| 9 | McKesson | $103,244 | $49.64 | |
| 10 | Snap | $101,042 | $48.58 | 3 |
| 11 | Anthology | $98,983 | $47.59 | |
| 12 | Children's Hospital Colorado | $98,829 | $47.51 | |
| 13 | Stand Together | $95,848 | $46.08 | |
| 14 | Honeywell | $90,979 | $43.74 | |
| 15 | Flynn Restaurant Group | $90,247 | $43.39 | |
| 16 | E.s.i | $89,872 | $43.21 | |
| 17 | Schneider Electric Industrial Services | $87,513 | $42.07 | 1 |
| 18 | Insurance | $85,647 | $41.18 | |
| 19 | AssuredPartners | $85,043 | $40.89 | |
| 20 | American Ballet Theatre | $84,991 | $40.86 |
A benefit director job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a benefit director job description:
There are a few common ways to find benefit directors for your business:
Your first interview with benefit director candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the benefit director candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
After that, you can create an onboarding schedule for a new benefit director. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
Hiring a benefit director comes with both the one-time cost per hire and ongoing costs. The cost of recruiting benefit directors involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of benefit director recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $110,567 per year for a benefit director, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for benefit directors in the US typically range between $35 and $79 an hour.