Senior Compensation Consultant Salary

Senior Compensation Consultants in the United States are often veterans in their line of work, with just below three-fifths bringing more than 10 years of experience to the table. Salaries slide in at $92K annually on average but can range from $62K to $133K per year. Most Senior Compensation Consultants like their work and job satisfaction is high. Medical and dental benefits are awarded to nearly all, and a strong majority earn vision coverage. More than half of Senior Compensation Consultants (64 percent) survey participants are women. Respondents to the PayScale salary survey provided the data for this report.
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$61,827 - $118,085

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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
$61,827 - $118,085  
   
Bonus
$-0.49 - $20,684  
Profit Sharing
$3,000 - $14,740  
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).
)
$61,976 - $133,327  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 102
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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.


Relatively untried employees who have less than five years' experience have a median salary of $92K. Those who have been around for five to 10 years can expect to take home more — $93K on average. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $103K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $93K on average.

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Experience Affects Senior Compensation Consultant Salaries

Experienced
up arrow 9%

National Average
$94,000

Late-Career
up arrow 1%

Mid-Career
up arrow 2%

Entry-Level
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 22 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

1-4 years
11%
5-9 years
32%
10-19 years
39%
20 years or more
18%

Common Health Benefits

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