Avg. Base Salary (USD)
The average salary for a Compensation Consultant is $88,590
What is the Pay by Experience Level for Compensation Consultants?
An entry-level Compensation Consultant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $70,000 based on 8 salaries. An early career Compensation Consultant with 1-4 years of experience earns an average total compensation of $77,276 based on 58 …Read more
What Do Compensation Consultants Do?
Compensation consultants assist companies in creating and implementing realistic and beneficial compensation packages for their employees, typically by providing expert advice regarding the development and modification of benefits packages that the company can afford, while also providing competitive benefits which will attract new employees and retain existing ones. These benefits may include health insurance, retirement options, paid time off, and profit-sharing and bonus programs, among …Read more