Senior Compensation Consultant Salary
Job Description for Senior Compensation Consultant
- Price new jobs utilizing salary surveys or slotting.
- Recommend merit increase and incentive programs and budgeting.
- Review, analyze and recommend plans for employee compensation plans.
- Analyze and present compensation and budget related reports for management.
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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.
For Senior Compensation Consultants, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. 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 $98K. Between one and two decades on the job, average salaries pass the six-figure mark at around $124K. People who have worked for more than 20 years report a median income of $125K, which is barely higher than the median for folks with 10 to 20 years of experience.