Compensation Specialist III Salary in Illinois
Compensation Specialist III Salary in Illinois
How much does a Compensation Specialist III make in Illinois? The average Compensation Specialist III salary in Illinois is $104,100 as of March 26, 2024, but the range typically falls between $94,700 and $113,800. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Compensation Specialist III Salary | $86,142 | IL | March 26, 2024 |
| 25th Percentile Compensation Specialist III Salary | $94,700 | IL | March 26, 2024 |
| 50th Percentile Compensation Specialist III Salary | $104,100 | IL | March 26, 2024 |
| 75th Percentile Compensation Specialist III Salary | $113,800 | IL | March 26, 2024 |
| 90th Percentile Compensation Specialist III Salary | $122,631 | IL | March 26, 2024 |
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Job Description
The Compensation Specialist III evaluates jobs, determines pay grades, participates in compensation surveys, and performs associated analysis. Analyzes, designs, and administers employer compensation programs, including base pay, incentive pay, and performance management programs. Being a Compensation Specialist III requires a bachelor's degree. Ensures that requests for pay adjustments comply with current compensation policy. In addition, Compensation Specialist III typically reports to manager or head of a unit/department. Being a Compensation Specialist III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as a Compensation Specialist III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)
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Career Path for this job
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Down a level:
Compensation Specialist II
2 - 4 years experience
Bachelor's Degree -
This Job:
Compensation Specialist III
4 - 7 years experience
Bachelor's Degree -
Up a level:
Compensation Specialist IV
7 + years experience
Bachelor's Degree
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Select a city to view specific salary and bonus information for Compensation Specialist III
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Cicero, IL | Avg. Salary $106,677 | Date Updated March 26, 2024 |
| Location Mount Prospect, IL | Avg. Salary $106,270 | Date Updated March 26, 2024 |
| Location Abingdon, IL | Avg. Salary $96,304 | Date Updated March 26, 2024 |
| Location Adair, IL | Avg. Salary $97,219 | Date Updated March 26, 2024 |
| Location Addieville, IL | Avg. Salary $98,745 | Date Updated March 26, 2024 |
| Location Addison, IL | Avg. Salary $106,270 | Date Updated March 26, 2024 |
| Location Akin, IL | Avg. Salary $95,796 | Date Updated March 26, 2024 |
| Location Albany, IL | Avg. Salary $94,982 | Date Updated March 26, 2024 |
| Location Albers, IL | Avg. Salary $98,745 | Date Updated March 26, 2024 |
| Location Albion, IL | Avg. Salary $93,558 | Date Updated March 26, 2024 |
About Illinois
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| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Compensation Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Compensation Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Compensation Analyst IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
| Job Title Compensation and Benefits Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
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About Illinois Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross dome....More
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