Compensation and Benefits Managers Salary in Chicago Metro, IL-IN
Data updated · Sources: BLS OEWS May 2025, HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology
Wage Benchmarking & After-Tax Paycheck Engine
Dynamic statutory tax calculations based on IRS Publication 15-T and state statutory schedules.
Chicago-Naperville-Elgin, IL-IN Compensation and Benefits Managers Wage Distribution
Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) Percentiles & Career Ladders
HUD Fair Market Rent & EPI Living Wage Affordability Index
Evaluating housing affordability vs. net take-home pay in Chicago-Naperville-Elgin, IL-IN under the HUD 30% housing cost guideline.
Hourly Wage to Annual & Overtime Matrix
Translating base hourly pay and 1.5× overtime into net take-home pay based on 2,080 annual work hours in Chicago-Naperville-Elgin, IL-IN.
Interstate MSA Relocation & State Tax Migration Comparator
Calculate required compensation, cost-of-living differences, and annual state/local tax savings between two metropolitan areas.
Combining state tax savings and annual rent variance when relocating from San Francisco-Oakland-Fremont, CA to Austin-Round Rock-San Marcos, TX.
Compensation and Benefits Managers in Chicago-Naperville-Elgin, IL-IN: Compensation & Purchasing Power Briefing (2026)
Estimates compiled from BLS OEWS wages, IRS 2026 withholding rules, HUD Fair Market Rents, and Illinois tax codes.
Key Economic & Compensation Takeaways
Statutory Withholding Architecture
Frequently Asked Questions
Wages sourced from US Bureau of Labor Statistics (BLS OEWS). Rents calibrated to HUD Fair Market Rents. Tax schedules calibrated to IRS IRC Title 26, IRS Pub 15-T, and state statutory revenue codes.
- Federal Standard Deduction (Single) $16,100
- FICA OASDI Wage Base Cap $184,500
- Pre-Tax 401(k) Elective Deferral $24,500
- HSA Individual Annual Limit $4,400
Compensation and Benefits Managers in Chicago-Naperville-Elgin, IL-IN: Market Snapshot
Compensation and Benefits Managers roles in Chicago-Naperville-Elgin, IL-IN report a median annual wage of $155,340, 4.1% above the national median of $149,230. The 10th to 90th percentile band runs from $79,320 to $237,060, and HUD’s $1,780 monthly one-bedroom fair market rent equals 13.8% of that median gross pay. The single-adult living wage benchmark for the area is $27.82 per hour.
Highest-paying metropolitan areas for Compensation and Benefits Managers
| Metropolitan area | Median annual wage | Vs this market |
|---|---|---|
| Fayetteville-Springdale-Rogers, AR | $221,800 | +42.8% |
| Bridgeport-Stamford-Danbury, CT | $218,860 | +40.9% |
| Seattle-Tacoma-Bellevue, WA | $216,580 | +39.4% |
| San Jose-Sunnyvale-Santa Clara, CA | $215,180 | +38.5% |
| San Francisco-Oakland-Fremont, CA | $188,850 | +21.6% |
| Trenton-Princeton, NJ | $186,700 | +20.2% |
| Boston-Cambridge-Newton, MA-NH | $185,590 | +19.5% |
| New York-Newark-Jersey City, NY-NJ | $179,730 | +15.7% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $171,950 | +10.7% |
| Denver-Aurora-Centennial, CO | $168,850 | +8.7% |
Top-paying occupations benchmarked in Chicago-Naperville-Elgin, IL-IN
| Occupation | Median annual wage | Median hourly |
|---|---|---|
| Chief Executives | $344,960 | $165.85/hr |
| Computer and Information Systems Managers | $173,760 | $83.54/hr |
| Financial Manager | $168,810 | $81.16/hr |
| Natural Sciences Managers | $167,040 | $80.31/hr |
| Advertising and Promotions Managers | $166,390 | $80.00/hr |
| Marketing Managers | $165,340 | $79.49/hr |
| Architectural and Engineering Managers | $163,430 | $78.57/hr |
| Sales Managers | $158,690 | $76.29/hr |
| Human Resources Managers | $156,770 | $75.37/hr |
| Purchasing Managers | $155,080 | $74.56/hr |
Wage data: U.S. Bureau of Labor Statistics OEWS May 2025, 90 metropolitan areas publishing this occupation; HUD FY2027 Fair Market Rents; EPI Family Budget Calculator. Taxes use 2026 federal and state rules. Data last updated .
Regional Labor Market & Career Mobility Network
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Related Finance & Management Roles in Chicago-Naperville-Elgin, IL-IN
Roles in related occupations with transferable skills and overlapping employer demand.
Other Metros for Compensation and Benefits Managers
Regional metropolitan labor markets within commuter or relocation distance with local BLS wages and living costs.
Compensation & Benefits Managers median pay in Chicago-Naperville-Elgin, IL-IN is $155,340 a year ($74.68/hr). See take-home pay after 2026 taxes, BLS wage. Official 2026 economic data for Compensation and Benefits Managers in Chicago-Naperville-Elgin, IL-IN compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.
Quick answers
The median annual wage is $155,340 ($74.68 per hour). The middle 80% of earners make between $79,320 and $237,060. Source: BLS OEWS (May 2025).
On the median wage of $155,340, a single filer with no pre-tax deductions takes home about $109,896 a year ($9,158 a month) after $45,444 in federal, FICA, state and local taxes, an effective rate of 29.25%, using 2026 tax rules.