Senior Compensation Consultant Salary

Nearly one-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 $63K to $133K per year, and the average comes out to $90K annually. Geographic location is the biggest factor affecting pay for this group, followed by career length. Work is enjoyable for Senior Compensation Consultants, who typically claim high levels of job satisfaction. Nearly all receive medical and dental insurance and a strong majority get vision insurance. Respondents to the PayScale salary survey provided the data for this report.
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$63,830 - $117,671
(Median)
$64K
$90K
$120K
MEDIAN: $89,543
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$50K$100K$150K
Salary
$63,830 - $117,671  
   
Bonus
$0.00 - $20,779  
Profit Sharing
$5,005  
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).
)
$63,159 - $133,011  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 103
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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.


Average salaries for inexperienced employees average out to around $87K, but folks who have five to 10 years of experience earn a higher median of $91K. On average, Senior Compensation Consultants make $97K following one to two decades on the job. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $93K.

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Experience Affects Senior Compensation Consultant Salaries

Experienced
up arrow 4%

Late-Career
0%

National Average
$93,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 18 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

1-4 years
12%
5-9 years
37%
10-19 years
36%
20 years or more
15%

Common Health Benefits

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