Senior Compensation Consultant Salary

Senior Compensation Consultants in the United States tend to have a good amount of experience under their belt — just below three-fifths have more than 10 years in the field. While pay runs from $62K to $133K per year, median earnings come to $92K annually. Women make up the majority of Senior Compensation Consultants (64 percent) who completed the questionnaire. Medical and dental coverage is claimed by nearly all, and a strong majority earn vision coverage. Job satisfaction is high and work is enjoyable for most Senior Compensation Consultants. This report is based on answers to PayScale's salary questionnaire.
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$61,718 - $118,233
(Median)
$62K
$92K
$120K
MEDIAN: $91,514
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
$61,718 - $118,233  
   
Bonus
$-0.49 - $20,711  
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).
)
$61,880 - $133,487  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 101
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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.


People who have worked for fewer than five years bring home $90K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $93K. Six-figure salaries surface after one to two decades on the job — experienced professionals in this group reap a six-figure median of $103K. For some reason, Senior Compensation Consultants with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $93K.

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Experience Affects Senior Compensation Consultant Salaries

Experienced
up arrow 10%

National Average
$94,000

Mid-Career
up arrow 1%

Late-Career
up arrow 1%

Entry-Level
up arrow 4%

Job Satisfaction

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

Gender

Female
64 %
Male
36 %

Years of Experience

1-4 years
10%
5-9 years
33%
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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