Senior Compensation Consultant Salary

Senior Compensation Consultants in the United States see excellent average salaries — about $95K annually. Cash earnings for Senior Compensation Consultants — including $41K in bonuses and $20K in profit sharing proceeds near the top of the pay scale — generally stretch from $77K to $164K depending on individual performance. Career duration is the biggest factor affecting pay for this group, followed by geography. Men account for the majority of Senior Compensation Consultants who responded to the questionnaire — 63 percent to be exact. Most claim medical and dental insurance and a large number get vision coverage. For the most part, people in this position report moderate levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.
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$75,760 - $131,778
$76K
$95K
$130K
MEDIAN: $94,679
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
$75,760 - $131,778  
   
Bonus
$3,156 - $40,547  
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).
)
$77,347 - $163,742  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 50
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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.

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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 $87K on average, and those who have five to 10 years under their belts see a higher median salary of $95K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $124K. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $118K.

Related Job Salaries

Key Stats for Senior Compensation Consultant

Gender

Female
37 %
Male
63 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
1-4 years
8%
5-9 years
37%
10-19 years
33%
20 years or more
23%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Compensation Consultant Salaries

Experienced
▲21%

Late-Career
▲16%

National Average
$102,000

Mid-Career
▼7%

Entry-Level
▼15%

Job Satisfaction

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

Gender

Female
37 %
Male
63 %

Years of Experience

1-4 years
8%
5-9 years
37%
10-19 years
33%
20 years or more
23%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 87%
vision benefits
Vision: 82%
dental benefits
None: 10%
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