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Hourly Wage for Compensation Specialist I Salary in the United States

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Hourly Wage for Compensation Specialist I Salary

How much does a Compensation Specialist I make hourly in the United States? The average hourly wage for a Compensation Specialist I in the United States is $31 as of March 26, 2024, but the range typically falls between $28 and $34. Hourly rate 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 online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Compensation Specialist I Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Compensation Specialist I Salary $25 US March 26, 2024
25th Percentile Compensation Specialist I Salary $28 US March 26, 2024
50th Percentile Compensation Specialist I Salary $31 US March 26, 2024
75th Percentile Compensation Specialist I Salary $34 US March 26, 2024
90th Percentile Compensation Specialist I Salary $37 US March 26, 2024
25% $28 10% $25 90% $37 75% $34 $31 50%(Median) Didn’t find job title? Click
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Job Description

The Compensation Specialist I evaluates jobs, determines pay grades, participates in compensation surveys, and performs associated analysis. Assists in the analysis, design, and administration of employer compensation programs, including base pay, incentive pay, and performance management programs. Being a Compensation Specialist I typically requires a bachelor's degree. Ensures that requests for pay adjustments comply with current compensation policy. In addition, Compensation Specialist I typically reports to manager. Being a Compensation Specialist I works on projects/matters of limited complexity in a support role. Work is closely managed. Working as a Compensation Specialist I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Compensation Specialist I

Career Path for this job

  1. This Job:

    Compensation Specialist I

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Compensation Specialist II

    2 - 4 years experience
    Bachelor's Degree

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Understand the total hourly compensation opportunity for a Compensation Specialist I, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
28
34
31

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
29
35
32
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Compensation Specialist I in the United States. The average hourly rate for Compensation Specialist I ranges from $28 to $34 with the average hourly pay of $31. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $29 to $35 with the average total hourly cash compensation of $32.
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28
34

 

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