Manager, Compensation Salary

Median pay for Compensation Managers in the United States lies in the neighborhood of $97K annually. Medical and dental coverage is claimed by nearly all, and a strong majority earn vision coverage. Job satisfaction is high and work is enjoyable for most Compensation Managers. More than half of Compensation Managers (61 percent) survey participants are women. The data for this synopsis comes from respondents who took the PayScale salary survey.

$59,842 - $125,292

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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.
)
$0$50K$100K$150K
Salary
$59,842 - $125,292  
   
Bonus
$2,534 - $19,086  
Profit Sharing
$425.00 - $3,843  
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).
)
$60,985 - $135,692  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 95
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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


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Compensation Managers often transition into upper-level roles like Director of Compensation, for which the average compensation is $122K per year.

Compensation Manager Job Listings

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Survey takers who work as Compensation Managers typically report just a few professional skills. Those who have experience with Microsoft Excel, Microsoft Office, and Microsoft Word can expect to be compensated well for these skills.

Related Job Salaries

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Experience Affects Manager, Compensation Salaries

Late-Career
up arrow 5%

Experienced
up arrow 2%

Mid-Career
0%

National Average
$108,000

Skills That Affect Manager, Compensation Salaries

Microsoft Excel
up arrow 3%

Microsoft Office
up arrow 1%

Microsoft Word
0%

National Average
$108,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 18 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

Less than 1 year
1%
1-4 years
13%
5-9 years
26%
10-19 years
44%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 91%
vision benefits Vision: 78% employee benefits None: 6%
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