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 $61K to $134K per year, median earnings come to $92K annually. Most workers in this position report high levels of job satisfaction. The majority of Senior Compensation Consultants (63 percent) who took the survey are female. Nearly all receive medical and dental insurance and a strong majority get vision plans. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$61,232 - $118,972
(Median)
$61K
$92K
$120K
MEDIAN: $91,842
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
$61,232 - $118,972  
   
Bonus
$0.00 - $20,769  
Profit Sharing
$4,717 - $14,874  
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).
)
$61,386 - $134,312  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 96
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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.


The average inexperienced worker earns $90K, and someone who has worked for five to 10 years can expect a bigger median salary of $94K. Those with 10 to 20 years of experience under their belts can expect their paychecks to flourish around the six-figure median of $104K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $94K.

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Experience Affects Senior Compensation Consultant Salaries

Experienced
up arrow 10%

National Average
$95,000

Mid-Career
up arrow 1%

Late-Career
up arrow 1%

Entry-Level
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 20 votes.

Gender

Female
63 %
Male
37 %

Years of Experience

1-4 years
11%
5-9 years
33%
10-19 years
39%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 90%
vision benefits Vision: 77% employee benefits None: 7%
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