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Compensation Manager Salary (United States)

The average pay for a Compensation Manager is $95,902 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience.
Compensation Manager Salary (?
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.
)
$62,792 - $123,421
(Median)
63K
76K
96K
110K
120K
MEDIAN: $95,902
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
$62,792 - $123,421  
   
Bonus
$1,976 - $20,341  
Profit Sharing
$817 - $8,808  
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).
)
$61,021 - $135,206  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 180
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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.
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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 Compensation Manager

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Compensation Manager Job Listings

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Popular Skills for Compensation Manager

Pay by Experience Level for Compensation Manager

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

Pay Difference By Location

New York
up arrow 12%
Dallas
up arrow 9%
Hartford
up arrow 3%
National Average
$100,000
Chicago
up arrow 6%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Compensation Manager Salaries

Experienced
up arrow 8%
Mid-Career
up arrow 2%
National Average
$100,000
Late-Career
up arrow 3%
Entry-Level
up arrow 31%

Skills That Affect Compensation Manager Salaries

Microsoft Excel
up arrow 2%
Human Resources Information System (HRIS)
up arrow 1%
National Average
$100,000
Data Analysis
up arrow 22%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 29 votes.

Gender

Female
65%
female alumni
 
Male
35%
male alumni

Years of Experience

Less than 1 year
1%
1-4 years
8%
5-9 years
29%
10-19 years
43%
20 years or more
19%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 91%
vision benefits Vision: 79% employee benefits None: 5%