Compensation and Benefits Specialists Pay Range in New Mexico
Pay distribution across experience levels
- 10th Percentile — Entry Level$55,240
- 25th Percentile — Junior$66,840
- 50th Percentile — Median$83,540
- 75th Percentile — Senior$106,200
- 90th Percentile — Top Earners$153,750
Half of Compensation and Benefits Specialists in New Mexico earn more than $83,540. The top 10% make $153,750 or more, while entry-level workers start around $55,240.
Compensation and Benefits Specialists in New Mexico: Key Facts
Source: BLS OEWS May 2025
- New Mexico ranks 7th of 50 states for Compensation and Benefits Specialists pay, at $93,060 per year (10.4% above the U.S. average of $84,330).
- 340 people work as Compensation and Benefits Specialists in New Mexico — 0.3% of all U.S. Compensation and Benefits Specialists jobs.
- Location quotient 0.54: Compensation and Benefits Specialists jobs are less concentrated in New Mexico than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $55,240; the top 10% earn over $153,750.
- Hourly equivalent: $44.74 per hour (2,080 hours/year).
- The highest-paying state is Massachusetts at $104,470.
- Among business jobs in New Mexico, Personal Financial Advisors pays the most ($151,100).
Compensation and Benefits Specialists Job Market in New Mexico
Key factors affecting compensation
New Mexico's key industries are Government, Energy, Tourism, and its job market is rated moderate. Compensation and Benefits Specialists here earn $93,060 on average, placing the state 7th nationally.
With a cost-of-living index of 0.88 (U.S. = 1.00), a New Mexico salary of $93,060 is roughly equivalent to $105,750 at the national average cost of living.
Compared with nearby states in the pay ranking, Colorado ($99,510), California ($98,480), Washington ($97,150) are the closest alternatives for Compensation and Benefits Specialists weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Business Jobs in New Mexico
Related career salary benchmarks
- Personal Financial Advisors $151,100/yr New Mexico +62.4% vs this role
- Project Management Specialists $117,000/yr New Mexico +25.7% vs this role
- Financial and Investment Analysts $98,910/yr New Mexico +6.3% vs this role
- Logisticians $98,540/yr New Mexico +5.9% vs this role
- Management Analysts $97,450/yr New Mexico +4.7% vs this role
- Budget Analysts $91,530/yr New Mexico 1.6% vs this role
- Business Operations Specialists All Other $85,410/yr New Mexico 8.2% vs this role
- Accountants and Auditors $84,320/yr New Mexico 9.4% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Compensation and Benefits Specialists salary in New Mexico?
The average Compensation and Benefits Specialists salary in New Mexico is $93,060 per year (median $83,540), which is 10.4% above the national average of $84,330.
How does New Mexico rank for Compensation and Benefits Specialists pay?
New Mexico ranks 7th out of 50 states. The highest-paying state is Massachusetts ($104,470/yr).
How much do entry-level Compensation and Benefits Specialists make in New Mexico?
The lowest-paid 10% of Compensation and Benefits Specialists in New Mexico earn about $55,240 per year and the 25th percentile is $66,840.
How much do Compensation and Benefits Specialists make per hour in New Mexico?
About $44.74 per hour, based on the $93,060 annual average and 2,080 working hours per year.
How many Compensation and Benefits Specialists work in New Mexico?
BLS counts 340 Compensation and Benefits Specialists jobs in New Mexico (OEWS May 2025).
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