The average salary for a Compensation Manager with Benefits & Compensation skills in Chicago, Illinois is $107,000.
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$77k - $132k
$7k - $15k
$86k - $146k
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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. Those in this position plan and implement pay rates, benefits, and paid time-off programs, and may be responsible for organizing healthcare programs or 401(k) programs. They are generally required to hol…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.
Explore the most common career paths for Compensation Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Compensation Manager Job Listings
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Popular Skills for Compensation Manager
Pay Difference by Location
Learn more about cost of living by city.
Employees with Compensation Manager in their job title in San Jose, California earn an average of 33.7% more than the national average. These job titles also find higher than average salaries in San Francisco, California (25.2% more) and Denver, Colorado (1.0% more). The lowest salaries can be found in Oklahoma City, Oklahoma (45.8% less), Atlanta, Georgia (11.2% less) and Dallas, Texas (1.5% less).
Years of Experience
This data is based on 6 survey responses.