Compensation Manager Salary

Compensation Managers enjoy a hefty income, with average pay passing six figures ($96K) annually in the United States. With some bonuses approaching $20K and certain profit sharing proceeds approaching $9K, overall incomes of Compensation Managers spread between $62K and $137K depending on individual performance. Career duration is the biggest factor affecting pay for this group, followed by geography. Work is enjoyable for Compensation Managers, who typically claim high levels of job satisfaction. The majority of Compensation Managers (63 percent) who took the survey are women. Nearly all claim medical and dental insurance and a strong majority get vision coverage. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$63,210 - $124,938
MEDIAN: $95,945

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
$63,210 - $124,938  
$2,007 - $20,479  
Profit Sharing
$0.00 - $8,770  
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).
$62,380 - $136,780  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 288
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Job Description for Compensation Manager

Compensation managers are responsible for ensuring the efficiency and quality of a company's payroll and employee-compensation programs. They work with all types of organizations, from corporations to small businesses, by developing and managing compensation and benefit programs for employees.


Compensation Manager Tasks

  • Manage the day to day operations of the compensation department’s programs; job evaluation, performance appraisal, salary administration and incentive programs.
  • Plan all compensation programs, procedures and practices to ensure consistency with organization's overall objectives and are in compliance with professional standards, state and federal regulatory requirements and laws.
  • Manage the selection, training and development of staff.

Common Career Paths for

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For Compensation Managers, career advancements do not tend to correlate with a rise in salary. On average, lower-level Compensation Managers earn similar salaries to those in higher-end positions like Compensation Manager.

Compensation Manager Job Listings

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Popular Skills for

Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Benefits & Compensation, Microsoft Excel, compensation, and Human Resources Information System (HRIS) are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Data Analysis. Most people familiar with Benefits & Compensation also know Human Resources Information System (HRIS).

Pay by Experience Level for

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Although employees with less than five years' experience earn around $71K on average, the five-to-10 year group has a much higher, six-figure median of $101K. Compensation Managers see a median salary of $109K after reaching one to two decades on the job. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Compensation Managers report making only $105K on average.

Related Job Salaries

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Experience Affects Salaries

up arrow 5%


National Average

up arrow 29%

Skills That Affect Salaries

Benefits & Compensation
up arrow 3%

Microsoft Excel
up arrow 2%

Human Resources Information System (HRIS)
up arrow 1%

up arrow 1%

National Average

Data Analysis
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.


63 %
37 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 88%
vision benefits Vision: 76% employee benefits None: 5%