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Senior Compensation Consultant Salary

With slightly more than half of Senior Compensation Consultants in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $61K to $133K per year and averages out to $91K per year. Medical and dental benefits are awarded to almost all, and a fair number earn vision coverage. Women make up the majority of Senior Compensation Consultants (64 percent) who completed the questionnaire. The majority of workers are highly satisfied with their job. The numbers in this rundown were provided by PayScale's salary survey participants.
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$60,650 - $116,036
(Median)
$61K
$91K
$120K
MEDIAN: $90,757
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
$60,650 - $116,036  
   
Bonus
$-0.49 - $20,711  
Profit Sharing
$3,900 - $15,000  
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).
)
$60,715 - $132,573  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 99
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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.

Compensation Consultant Job Listings

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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 fewer than five years of experience earn around $90K on average. People who have worked for five to 10 years can expect a higher median salary of $93K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $102K. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $93K.

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Experience Affects Senior Compensation Consultant Salaries

Experienced
up arrow 9%

National Average
$94,000

Mid-Career
up arrow 1%

Late-Career
up arrow 1%

Entry-Level
up arrow 4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

1-4 years
10%
5-9 years
34%
10-19 years
39%
20 years or more
16%

Common Health Benefits

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