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As of August 01, 2026, the average salary for a Compensation Specialist III in Texas is $101,400 per year, which breaks down to an hourly rate of $49.
However, a Compensation Specialist III's salary can vary significantly. Here’s a look at the typical salary range:
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Compensation Specialist III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $107,300 | $8,942 | $2,063 | $52 |
| Average | $101,400 | $8,450 | $1,950 | $49 |
| 25th Percentile | $94,800 | $7,900 | $1,823 | $46 |
TEEMA Group - Irving, TX
Tristar Insurance Services LLC - Houston, TX
Tristar Insurance Services LLC - Irving, TX
Scouting America - Irving, TX
A Compensation Specialist III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Compensation Specialist III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Compensation Specialist I | 0-2 years | $64,713 |
| Compensation Specialist II | 2-4 years | $77,245 |
| Compensation Specialist III | 4-7 years | $101,322 |
| Compensation Specialist IV | 7+ years | $123,031 |
| Compensation Team Leader | 7+ years | $117,976 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Compensation Specialist IIIs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Compensation Specialist III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $113,511. While startup companies pay approximate $96,028.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $96,028 |
| Growth Stage | 51~500 | $101,561 |
| Established | 501~5000 | $109,615 |
| Enterprise | 5000+ | $113,511 |
For Compensation Specialist III roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Internet sectors offer the strongest compensation, at 25% above the average. In contrast, Compensation Specialist positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view Compensation Specialist III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $126,750 | $61.0 | 25% |
| Internet | $121,680 | $58.0 | 20% |
| Pharmaceuticals | $121,680 | $58.0 | 20% |
| Energy & Utilities | $116,610 | $56.0 | 15% |
| Healthcare | $111,540 | $54.0 | 10% |
Understanding how a Compensation Specialist III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $107,300 | $8,942 | $2,063 | $52 |
| Average | $101,400 | $8,450 | $1,950 | $49 |
| 25th Percentile | $94,800 | $7,900 | $1,823 | $46 |
Promotions are the fastest way to increase your earnings. As a Compensation Specialist III, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Level IV Stock Plan Administrator | $116,600 | 15% |
| Compensation Specialist IV | $123,100 | 21% |
| Executive Compensation Analysis Manager | $181,500 | 79% |
Ready to take the next step in your career? Browse thousands of current Compensation Specialist III job openings on our job board. Use the search bar below to find your perfect match.
RPC Company
Rockwall, TX
RPC Company | Rockwall, TX
Workers’ Compensation Claims Specialist – Contract. Rockwall, TX | 100% Onsite | $25–$28/hour | 3–6 Month Contract | Immediate Start. We are seeking an exp... more
1 Day Ago
All-Star Orthopaedics
Fort Worth, TX
All-Star Orthopaedics | Fort Worth, TX
Job Description. Job Description. Description. Join a leading musculoskeletal care network through our partnership with. United Musculoskeletal Partners (U... more
4 Days Ago
King's Insurance Staffing
Arlington, TX
King's Insurance Staffing | Arlington, TX
OverviewWorkers' Compensation Claims Specialist RemoteOur client is seeking to add a Workers' Compensation Claims Examiner to join their Texas team.The ide... more
2 Days Ago
Comfort Systems USA
Houston, TX
Comfort Systems USA | Houston, TX
Senior Benefits & Compensation SpecialistThe Senior Benefits & Compensation Specialist is responsible for administering, analyzing, and optimizing the orga... more
2 Days Ago
Tristar Insurance Services LLC
Irving, TX
Tristar Insurance Services LLC | Irving, TX
Workers Compensation Claims Examiner III _ Temp _ Irving, TXUnder minimal supervision manages all aspects of indemnity claims handling from inception to co... more
2 Days Ago
UFG
Dallas, TX
UFG | Dallas, TX
Claims Specialist III- WCUFG is currently hiring for a Claims Specialist III in Workers Compensation. This role is a highly experienced position primarily ... more
2 Days Ago
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