Vice President (VP), Compensation & Benefits Salary

The average salary for a Vice President (VP), Compensation & Benefits is $154,670 per year. Most people in this job have more than five years' experience in related jobs.

$84,430 - $220,460
$84K
$150K
$220K
MEDIAN: $150,496
10%
50%
90%

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$0$277K
Salary $84,430 - $220,460
Bonus $5,000 - $60,000
Profit Sharing $3,750
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).
)
$90,757 - $277,632
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 30

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United States (change)

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Job Description for Vice President (VP), Compensation & Benefits

The vice president (VP) of compensation and benefits oversees their company's programs for employee compensation and benefits; often, they are also responsible for working with incoming employees, including during the interview process. These vice presidents ensure that all employees are treated fairly and that benefits and compensation are distributed fairly and judiciously. Other tasks handled by the vice president of compensation and benefits include evaluating employees for annual pay increases or hourly rate raises, conducting general evaluations of compensation and benefits, communicating with all subordinates on implementing solutions to issues with compensation and benefits. Often, the vice president of compensation and benefits oversees leave of absence programs to ensure that procedures are working well and follow applicable federal laws. These vice presidents generally report to their company's president, updating them on progress and issues as needed.

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Vice President (VP), Compensation & Benefits Tasks

  • Plan, direct and set the strategic direction of employee compensation and benefits program.
  • Oversee and guide staff engaged in the compensation and benefits department's programs; job evaluation, salary, benefits and incentive programs.
  • Manage compensation and benefits expenditure budgets.

Vice President (VP), Compensation & Benefits Job Listings

Related Job Salaries

Key Stats for Vice President (VP), Compensation & Benefits

Gender

Female
64 %
Male
36 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.
5-9 years
10%
10-19 years
47%
20 years or more
43%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Vice President (VP), Compensation & Benefits Salaries

Late-Career
▲12%

National Average
$184,000

Experienced
▼9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

5-9 years
10%
10-19 years
47%
20 years or more
43%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 95%
vision benefits
Vision: 76%
no benefits
None: 5%
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