The average pay for a Compensation Consultant is $75,975 per year. The highest paying skills associated with this job are Data Analysis and Benefits & Compensation. Most people with this job move on to other positions after 20 years in this field.
Compensation Consultant Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$50,498 - $108,951
(Median)
50K
60K
76K
93K
110K
MEDIAN: $75,974
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$50,498 - $108,951  
   
Bonus
$151.01 - $15,184  
Profit Sharing
$0.28 - $2,653  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$51,562 - $115,620  
PayScale
Country: United States | Currency: USD | Updated: 19 Apr 2014 | Individuals Reporting: 108
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Job Description for Compensation Consultant
  • Review, analyze and recommend plans for employee compensation plans.
  • Analyze and present compensation and budget related reports for management.
  • Price new jobs utilizing salary surveys or slotting.
  • Recommend merit increase and incentive programs and budgeting.
Pay by Experience Level for Compensation Consultant
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Related Job Salaries

Experience Affects Compensation Consultant Salaries

Late-Career
up arrow 19%
Mid-Career
up arrow 8%
Experienced
up arrow 5%
National Average
$83,000
Entry-Level
up arrow 20%

Skills That Affect Compensation Consultant Salaries

Data Analysis
up arrow 21%
Benefits & Compensation
up arrow 11%
National Average
$83,000
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 27 votes.
Gender
Female
65%
female alumni
 
Male
35%
male alumni
Years of Experience
Less than 1 year
3%
1-4 years
32%
5-9 years
31%
10-19 years
27%
20 years or more
7%
Common Health Benefits
medical benefits Medical: 91% dental benefits Dental: 79%
vision benefits Vision: 70% employee benefits None: 8%
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