Average pay for Senior Compensation Consultants in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($96K). Total cash compensation to Senior Compensation Consultants approaches anywhere from $77K on the lower end to $152K on the higher end; in exceptional cases, this can include more than $33K from bonuses and upwards of $20K from profit sharing. Experience level is the biggest factor affecting pay for this group, followed by geography. Nearly all get medical and dental insurance, and most get vision plans, too. Making up 73 percent of those who took the survey, male Senior Compensation Consultants greatly outnumber their female counterparts. Work is reasonably fulfilling for most Senior Compensation Consultants — the majority report average levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$75,898 - $128,713
$76K
$96K
$130K
MEDIAN: $95,676
10%
50%
90%

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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$60K$120K$180K
Salary
$75,898 - $128,713  
   
Bonus
$3,097 - $32,500  
Profit Sharing
$0.00 - $19,866  
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).
)
$77,395 - $152,051  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 58

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United States (change)

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Job Description for Senior Compensation Consultant

  • Price new jobs utilizing salary surveys or slotting.
  • Recommend merit increase and incentive programs and budgeting.
  • Review, analyze and recommend plans for employee compensation plans.
  • Analyze and present compensation and budget related reports for management.

Compensation Consultant Job Listings

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Pay by Experience Level for Senior Compensation Consultant

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


People who have worked for fewer than five years bring home $87K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $93K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $122K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $121K.

Related Job Salaries

Key Stats for Senior Compensation Consultant

Gender

Female
27 %
Male
73 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
1-4 years
8%
5-9 years
43%
10-19 years
30%
20 years or more
18%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Compensation Consultant Salaries

Experienced
up arrow 18%

Late-Career
up arrow 17%

National Average
$103,000

Mid-Career
up arrow 9%

Entry-Level
up arrow 16%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

1-4 years
8%
5-9 years
43%
10-19 years
30%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 89%
vision benefits
Vision: 80%
dental benefits
None: 9%
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