Home > Salary > Luxembourg > Compensation And Benefits Manager
A compensation and benefits manager is responsible for overseeing the design, implementation, and management of an organization's employee compensation and benefits programs. They analyze market trends and industry benchmarks to ensure competitive salary structures, develop and administer performance-based incentive plans, and manage employee benefits packages such as health insurance, retirement plans, and paid time off. They collaborate with HR teams to develop and update policies and procedures related to compensation and benefits, ensuring compliance with legal requirements.
Estimated Yearly Salary: 218,912 EUR
Estimated Monthly Salary: 18,243 EUR
Estimated Weekly Salary: 4,210 EUR per week
Estimated Hourly Salary: 105 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 17,645 EUR
Estimated Weekly Salary: 4,072 EUR per week
Estimated Hourly Salary: 102 EUR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 219,894 USD
Estimated Monthly Salary: 18,325 USD
Estimated Weekly Salary: 4,229 USD per week
Estimated Hourly Salary: 106 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 218,912 EUR
Estimated Monthly Salary: 18,243 EUR
Estimated Weekly Salary: 4,210 EUR per week
Estimated Hourly Salary: 105 EUR per hour
By working as Compensation And Benefits Manager a person can save up to 14,677 USD per month or 176,118 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Luxembourg, see costs of living in Luxembourg.
Estimated Yearly Salary for Compensation And Benefits Manager
Last revision of data: 2025-01-04
Data as of 2025
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Compensation And Benefits Manager salary in Luxembourg
Average Yearly Salary of Compensation And Benefits Manager in Luxembourg is approximately 218,912 EUR (219,894 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Compensation And Benefits Manager do?
A compensation and benefits manager is responsible for overseeing the design, implementation, and management of an organization's employee compensation and benefits programs. They analyze market trends and industry benchmarks to ensure competitive salary structures, develop and administer performance-based incentive plans, and manage employee benefits packages such as health insurance, retirement plans, and paid time off. They collaborate with HR teams to develop and update policies and procedures related to compensation and benefits, ensuring compliance with legal requirements.Skills: Compensation management, Benefits administration, Salary analysis, Incentive planning, Employee benefits, HR compliance.
Job industry: Human resources
Job industry: Human resources
How much does Compensation And Benefits Manager make?
Salary details
How much does Compensation And Benefits Manager make?Estimated Yearly Salary: 218,912 EUR
Estimated Monthly Salary: 18,243 EUR
Estimated Weekly Salary: 4,210 EUR per week
Estimated Hourly Salary: 105 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 211,739 EUREstimated Monthly Salary: 17,645 EUR
Estimated Weekly Salary: 4,072 EUR per week
Estimated Hourly Salary: 102 EUR per hour
Last revision of data: 2024-01-07Compensation And Benefits Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 219,894 USD
Estimated Monthly Salary: 18,325 USD
Estimated Weekly Salary: 4,229 USD per week
Estimated Hourly Salary: 106 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Luxembourg is a small landlocked country located in Western Europe. With a population of approximately 633,000 people, it is one of the smallest countries in the European Union. Despite its size, Luxembourg boasts a highly developed economy and is known for its political stability and high standard of living.
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Compensation And Benefits Manager job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Compensation And Benefits Manager in Luxembourg earns on average:
2.64 times the average salary (or 264% of average salary).
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Compensation And Benefits Manager job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Compensation And Benefits Manager in Luxembourg earns on average:
2.64 times the average salary (or 264% of average salary).
Is Compensation And Benefits Manager a well paid job?
Yes, our data show that Compensation And Benefits Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Compensation And Benefits Manager?
High salary for Compensation And Benefits Manager would be somewhere between 240,803 EUR and 317,422 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Compensation And Benefits Manager in Luxembourg?
Living in Luxembourg the approximate monthly expenses are: 3,648 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 218,912 EUR
Estimated Monthly Salary: 18,243 EUR
Estimated Weekly Salary: 4,210 EUR per week
Estimated Hourly Salary: 105 EUR per hour
By working as Compensation And Benefits Manager a person can save up to 14,677 USD per month or 176,118 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Luxembourg, see costs of living in Luxembourg.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Belgium, Germany, France. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Compensation And Benefits Manager
Belgium is 117,157 USD
Germany is 128,491 USD
France is 109,865 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Luxembourg
(950,355 EUR per year, pre-tax.)
2. Cardiologist
(794,587 EUR per year, pre-tax.)
(765,939 EUR per year, pre-tax.)
4. Neurosurgeon
(742,355 EUR per year, pre-tax.)
(740,744 EUR per year, pre-tax.)
(724,806 EUR per year, pre-tax.)
7. Urologist
(723,841 EUR per year, pre-tax.)
8. Oncologist
(722,852 EUR per year, pre-tax.)
(722,418 EUR per year, pre-tax.)
(722,178 EUR per year, pre-tax.)
Data as of 2025Random salary:
3d artist (100,402 EUR per year, pre-tax.)
Army 2nd lieutenant infantry (88,639 EUR per year, pre-tax.)
Insurance sales agent (50,599 EUR per year, pre-tax.)
Counselor (64,532 EUR per year, pre-tax.)
Treatment coordinator dental (67,871 EUR per year, pre-tax.)
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Please note:The salary estimates on this website are meant for informational purposes only.
This website presents salary estimates for informational purposes only. While we gather data from various providers, we cannot ensure absolute reliability. Users are encouraged to consult external platforms before making any career moves. Salaries fluctuate due to numerous elements, such as experience, industry trends, and negotiation tactics. We cannot provide guarantee regarding the correctness of the displayed salary data. Your continued access of this site confirms your acceptance of these conditions.
This website provides salary data exclusively for informational purposes. While we strive for accuracy, we do not ensure the validity of all figures. Users should double-check salary details with reliable sources before making financial plans. Salary estimates may fluctuate based on multiple factors, such as geographic location, experience, and job role. We accept no liability for misinterpretations in the pay estimates provided. By accessing optisalary.com, you accept that salary data is subject to change.