How much does a Compensation Manager make in Medellin, CO? The average Compensation Manager salary in Medellin, CO is COL$182M as of April 08, 2021, but the range typically falls between COL$147M and COL$217M. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
About Medellin, Colombia
Medellín has 16 comunas (districts), 5 corregimientos (townships), and 271 barrios (neighborhoods).
The metropolitan area of Medellín lies within the Aburrá valley at an elevation of 1,500 metres (4,900 feet) above sea level and is bisected by the Medellín River (also called Porce), which flows northward. North of the valley are the towns of Bello, Copacabana, Girardota and Barbosa. To the south of the valley lie Itagüí, Envigado, Sabaneta, La Estrella and Caldas....
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Compensation Manager Frequently Asked Questions
Can I expect to receive a higher salary for the position of Compensation Manager in Medellin than for the same job on the national average?
On average, a Compensation Manager, working in Medellin, Colombia, would generally get a higher salary than the national average. The larger cities in the CO typically provide numerous opportunities for Compensation Manager Jobs. Since Medellin, Colombia is an attractive place to work for many professions, Compensation Manager Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location.
April 08, 2021
What is the salary range for a Compensation Manager in Medellin, Colombia? What is the average hourly rate?
The average salary for a Compensation Manager in Medellin, Colombia is COL$182M per year. The salary range for a Compensation Manager is between COL$147M and COL$217M. While we are seeing hourly wages as high as COL$104,262 and as low as COL$70,812, the majority of Compensation Managers are currently paid an average of COL$87,542 in Medellin, Colombia. The average salary pay range for a Compensation Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Compensation Manager in Medellin, Colombia can differ based on any or all of these varying factors.
April 08, 2021
Besides the base pay, what other benefits might be negotiable when considering a Compensation Manager job? What common items are generally included in a total compensation package?
A total compensation package consists of base pay or salary and all other types of pay and benefits that a Compensation Manager working in Medellin, Colombia will receive in exchange for their job. Some common items included in the total compensation of a Compensation Manager working in the Medellin, Colombia are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Medellin, Colombia might also offer long-term incentives such as stock options or stock grants for Compensation Managers. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you.
April 08, 2021
Last Update: April 08, 2021