Average Compensation Manager Salary

Avg. Base Salary (USD)

The average salary for a Compensation Manager is $107,299 in 2023

Base Salary
$80k - $139k
$5k - $20k
Profit Sharing
$3k - $20k
Total Pay
$81k - $149k
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What is the Pay by Experience Level for Compensation Managers?

What Do Compensation Managers Do?

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.
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How do Compensation Managers Rate Their Jobs?

4.1 out of 5
Highly Satisfied
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FAQs About Compensation Managers

What is the highest pay for Compensation Managers?

Our data indicates that the highest pay for a Compensation Manager is $139k / year

What is the lowest pay for Compensation Managers?

Our data indicates that the lowest pay for a Compensation Manager is $80k / year

How can Compensation Managers increase their salary?

Increasing your pay as a Compensation Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Compensation Manager that oversees more junior Compensation Managers, this experience can increase the likelihood to earn more.