Senior Compensation Consultant Salary

Senior Compensation Consultants in the United States can look forward to a sizeable six-figure salary — around $96K per year on average. Career length is the biggest factor affecting pay for this group, followed by geography. Men make up a slight majority of Senior Compensation Consultants (56 percent) who responded to the survey. Most claim medical and dental insurance and a strong majority get vision coverage. For the most part, Senior Compensation Consultants enjoy their work and report high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.
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$75,848 - $139,821
$76K
$98K
$140K
MEDIAN: $98,422
10%
50%
90%

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$0$171K
Salary $75,848 - $139,821
Bonus $3,179 - $45,302
Profit Sharing $8,000
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).
)
$78,385 - $171,200
  • Country: United States
  • Currency: USD
  • Updated: 13 Oct 2017
  • Individuals Reporting: 44

Job Description for Senior Compensation Consultant

  • Price new jobs utilizing salary surveys or slotting.
  • Recommend merit increase and incentive programs and budgeting.
  • Review, analyze and recommend plans for employee compensation plans.
  • Analyze and present compensation and budget related reports for management.

Senior Compensation Consultant Job Listings

Pay by Experience Level for Senior Compensation Consultant

Pay by Experience for a Senior Compensation Consultant has a positive trend. An entry-level Senior Compensation Consultant with less than 5 years of experience can expect to earn an average total compensation of $87,000 based on 22 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Compensation Consultant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $95,000 based on 25 salaries. An experienced Senior Compensation Consultant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $124,000 based on 25 salaries. A Senior Compensation Consultant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $118,000 based on 12 salaries.

Related Job Salaries

Key Stats for Senior Compensation Consultant

Gender

Female
53 %
Male
47 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 7 votes.
1-4 years
11%
5-9 years
39%
10-19 years
35%
20 years or more
15%

Experience Affects Senior Compensation Consultant Salaries

Experienced
▲12%

Late-Career
▲7%

National Average
$110,000

Mid-Career
▼14%

Entry-Level
▼21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 7 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

1-4 years
11%
5-9 years
39%
10-19 years
35%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 81%
vision benefits
Vision: 72%
no benefits
None: 17%