How much does a VP of Benefits make in Minneapolis, MN?

As of October 01, 2026, the average salary for a VP of Benefits in Minneapolis, MN is $244,287 per year, which breaks down to an hourly rate of $117.

However, a VP of Benefits's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $273,278
  • Majority Range (25th-75th percentile): $225,268 to $259,462
  • Entry-Level (10th percentile): $207,952

Key Factors That Influence VP of Benefits Salaries

A VP of Benefits's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.

How Experience Level Affects VP of Benefits Salaries?

Experience is a primary driver of a VP of Benefits's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Benefits Supervisor (7+ years): $111,234
  • Benefits Manager (7+ years): $133,984
  • Benefits Senior Manager (7+ years): $178,851
  • Benefits Director (7+ years): $200,900
  • VP of Benefits (7+ years): $244,287
Job Role Years of Experience Average Salary
Benefits Supervisor7+ years$111,234
Benefits Manager7+ years$133,984
Benefits Senior Manager7+ years$178,851
Benefits Director7+ years$200,900
VP of Benefits7+ years$244,287

Top Paying Cities for VP of Benefits

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $294,964
  • San Francisco: $291,734
  • Oakland: $285,586

What Skills Can Increase a VP of Benefits's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 20% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Benefit Administration (Mentioned in 20% Job Postings): Benefits administration is the process of assembling and managing the benefits an organization provides to employees.
  • Operations Support (Mentioned in 20% Job Postings): A process invoices; approve purchase orders and negotiate with vendors; coordinate deliveries of supplies; and manage calendars.
Skills Demand Percentage
Customer Service 20%
Benefit Administration 20%
Operations Support 20%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a VP of Benefits's salary.

  • Benefit Administration: Can increase your salary by up to 10%.
  • Customer Service: Can increase your salary by up to 4%.
Skill Salary Salary % Increase
Benefit Administration $268,716
10%
Customer Service $254,059
4%

VP of Benefits Salary by Company Size: Startups vs. Enterprise

VP of Benefits salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $272,721. While startup companies pay approximate $230,925.

VP of Benefits Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $230,925
Growth Stage 51~500 $244,174
Established 501~5000 $263,334
Enterprise 5000+ $272,721

VP of Benefits Salary by Industry: Top Paying Sectors

For VP of Benefits roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, VP of Benefits positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view VP of Benefits as a support function rather than a direct revenue driver.

The top paying industry for a VP of Benefits

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Biotechnology$350,786$169.050%

VP of Benefits Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a VP of Benefits's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$225,268
Average $244,287/year
$259,462
$18,772
Average $20,357/month
$21,622
$4,332
Average $4,698/week
$4,990
$108
Average $117/hour
$125
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $259,462 $21,622 $4,990 $125
Average $244,287 $20,357 $4,698 $117
25th Percentile $225,268 $18,772 $4,332 $108

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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