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Hourly Wage for Compensation Specialist IV Salary in the United States

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Hourly Wage for Compensation Specialist IV Salary

How much does a Compensation Specialist IV make hourly in the United States? The average hourly wage for a Compensation Specialist IV in the United States is $60 as of March 26, 2024, but the range typically falls between $55 and $66. 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 IV Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Compensation Specialist IV Salary $50 US March 26, 2024
25th Percentile Compensation Specialist IV Salary $55 US March 26, 2024
50th Percentile Compensation Specialist IV Salary $60 US March 26, 2024
75th Percentile Compensation Specialist IV Salary $66 US March 26, 2024
90th Percentile Compensation Specialist IV Salary $72 US March 26, 2024
25% $55 10% $50 90% $72 75% $66 $60 50%(Median) Didn’t find job title? Click
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Job Description

The Compensation Specialist IV 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 IV may supervise and guide lower-level compensation analysts. Ensures that requests for pay adjustments comply with current compensation policy. In addition, Compensation Specialist IV requires a bachelor's degree. Typically reports to manager or head of a unit/department. Compensation Specialist IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. Working as a Compensation Specialist IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Compensation Specialist IV

Career Path for this job

  1. Down a level:

    Compensation Specialist III

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Compensation Specialist IV

    7 + years experience
    Bachelor's Degree

  3. Up a level:

    Compensation Team Leader

    3 - 5 years experience
    Bachelor's Degree

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

Average Hourly Wage

Core compensation

 
 
 
55
66
60

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
58
73
65
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Compensation Specialist IV in the United States. The average hourly rate for Compensation Specialist IV ranges from $55 to $66 with the average hourly pay of $60. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $58 to $73 with the average total hourly cash compensation of $65.
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For a real-time salary target, tell us more about your role in the four categories below.

55
66

 

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