Manager, Compensation Salary
Compensation Managers in the United States can expect to earn a very generous salary, with average salaries (in the ballpark of $106K) surpassing six figures annually. Career duration is the biggest factor affecting pay for this group, followed by geography. Women Compensation Managers who took the survey just slightly outnumber men. Women are just slightly outnumbered, with male Compensation Managers making up 50 percent of survey respondents. Work is enjoyable for Compensation Managers, who typically claim high levels of job satisfaction. Nearly all receive medical and dental insurance and most get vision plans. The data in this summary comes from the PayScale salary survey.
Job Description for Manager, Compensation
- 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 organizations 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 Manager, Compensation
Compensation Manager Job Listings
Search for more jobs:
Pay by Experience Level for Manager, Compensation
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Annually raking in $110K, the average professional in this position sees a six-figure salary within the first five years. On average, Compensation Managers make $118K following one to two decades on the job. For some reason, Compensation Managers with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $113K.