$98,724
Avg. Salary
$49.13
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$10,233

Profit Sharing

$3,063

The average pay for a Compensation Manager is $49.13 per hour.

The average pay for a Compensation Manager is $98,724 per year.

$27
10%
$49
50%
$51
90%
MEDIAN $49
$65k
10%
$99k
50%
$133k
90%
MEDIAN $98,724
$64,715 - $133,348
$65K
$99K
$130K
MEDIAN: $98,724
10%
50%
90%

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$27.48 - $50.64
$49
MEDIAN: $49.13
50%

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$0$145K
Salary $64,715 - $133,348
Bonus $2,980 - $22,107
Profit Sharing $0.00 - $21,750
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).
)
$67,330 - $145,910
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2018
  • Individuals Reporting: 539
Hourly Data $0$50
Hourly Rate $49.13
Overtime $41.78
Annual Data $0$145K
Bonus $2,980 - $22,107
Profit Sharing $0.00 - $21,750
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).
)
$67,330 - $145,910
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2018
  • Individuals Reporting: 6

Job Description for Compensation Manager

Compensation managers are responsible for ensuring the efficiency and quality of a company's payroll and employee-compensation programs. They work with all types of organizations, from corporations to small businesses, by developing and managing compensation and benefit programs for employees.

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Compensation Manager Tasks

  • Manage the selection, training and development of staff.
  • Manage the day to day operations of the compensation department's programs; job evaluation, performance appraisal, salary administration and incentive programs.
  • Plan all compensation programs, procedures and practices to ensure consistency with organization's overall objectives and are in compliance with professional standards, state and federal regulatory requirements and laws.

Compensation Manager Job Listings

Popular Skills for Compensation Manager


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Human Resources Information System, Microsoft Excel, Data Analysis, and Benefits & Compensation are correlated to pay that is above average. Skills that seem to negatively impact pay include compensation. Those familiar with Benefits & Compensation also tend to know Human Resources Information System (HRIS).

Pay by Experience Level for Compensation Manager

Pay by Experience for a Compensation Manager has a positive trend. An entry-level Compensation Manager with less than 5 years of experience can expect to earn an average total compensation of $89,000 based on 71 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Compensation Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $103,000 based on 119 salaries. An experienced Compensation Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $109,000 based on 120 salaries. A Compensation Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $105,000 based on 46 salaries.

Pay Difference by Location

14%

National Average: $104,558

Larger city markers indicate a job is popular in that location.

Compensation Managers will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 27 percent. Compensation Managers will also find cushy salaries in Philadelphia (+20 percent), New York (+18 percent), Columbus (+14 percent), and Hartford (+13 percent). Compared to the national average, Cleveland Compensation Managers have considerably lower salaries, 27 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Jacksonville and Houston are a couple other places where companies are known to pay below the median — salaries are 6 percent lower and 2 percent lower, respectively.

Related Job Salaries

Key Stats for Compensation Manager

Gender

Female
64 %
Male
36 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 97 votes.
Less than 1 year
2%
1-4 years
12%
5-9 years
28%
10-19 years
42%
20 years or more
16%

Experience Affects Compensation Manager Salaries

▲5%

▼0%

National Average
$105,000

▼2%

▼15%

Skills That Affect Compensation Manager Salaries


National Average
$105,000




compensation
▼8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 97 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

Less than 1 year
2%
1-4 years
12%
5-9 years
28%
10-19 years
42%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 89%
vision benefits
Vision: 80%
no benefits
None: 5%