Senior Compensation Consultant Salary

A little more than half of Senior Compensation Consultants in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $61K to $129K per year, and the average comes out to $90K per year. Female Senior Compensation Consultants survey participants are more prevalent than men — 66 percent of professionals. For the most part, Senior Compensation Consultants enjoy their work and report high levels of job satisfaction. Almost all claim medical and dental insurance and a fair number get vision coverage. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$60,567 - $115,642
(Median)
$61K
$90K
$120K
MEDIAN: $90,275
10%
50%
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
$60,567 - $115,642  
   
Bonus
$0.00 - $20,273  
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).
)
$60,626 - $129,369  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 94

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Job Description for Senior Compensation Consultant

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

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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.


Workers with less than five years' experience earn around $88K on average, and those who have five to 10 years under their belts see a higher median salary of $92K. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $103K. Survey participants with more than twenty years of experience only make around $93K on average, though; this group reports a lower median than the one claimed by mid-career individuals.

United States (change)

Experience Affects Senior Compensation Consultant Salaries

Experienced
up arrow 9%

Late-Career
0%

National Average
$94,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
66 %
Male
34 %

Years of Experience

1-4 years
10%
5-9 years
35%
10-19 years
39%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 90%
vision benefits Vision: 77% employee benefits None: 7%