$98,061
Avg. Salary
$44.00
Avg. Hourly Rate

Average additional compensation:

$11,166

Bonus

$3,060

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Compensation Manager with Benefits & Compensation skills is $44.00 per hour.

The average pay for a Compensation Manager with Benefits & Compensation skills is $98,061 per year.

10%
$0.00
10%
$44.00
50%
$0.00
90%
90%
MEDIAN $44.00
10%
$64k
10%
$98k
50%
$137k
90%
90%
MEDIAN $98,061
$64,081 - $136,744
$64K
$98K
$140K
MEDIAN: $98,061
10%
50%
90%

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$0$150K
Salary $64,081 - $136,744
Bonus $3,020 - $22,425
Profit Sharing $0.00 - $21,453
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).
)
$68,333 - $150,178
  • Country: United States
  • Currency: USD
  • Updated: 18 May 2019
  • Individuals Reporting: 244

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.

Read More...
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

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 $86,000 based on 30 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 $99,000 based on 63 salaries. An experienced Compensation Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $104,000 based on 67 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 $107,000 based on 22 salaries.

Key Stats for Compensation Manager

Gender

Female
62 %
Male
38 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 61 votes.
Less than 1 year
1%
1-4 years
10%
5-9 years
31%
10-19 years
42%
20 years or more
15%

Experience Affects Compensation Manager Salaries

Late-Career
▲3%

Experienced
▼0%

National Average
$104,000

Mid-Career
▼5%

Entry-Level
▼18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 61 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
31%
10-19 years
42%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 88%
vision benefits
Vision: 80%
no benefits
None: 4%