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As of August 01, 2026, the average salary for a Compensation Specialist IV in Minnesota is $129,100 per year, which breaks down to an hourly rate of $62.
However, a Compensation Specialist IV's salary can vary significantly. Here’s a look at the typical salary range:
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Compensation Specialist IV Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $139,300 | $11,608 | $2,679 | $67 |
| Average | $129,100 | $10,758 | $2,483 | $62 |
| 25th Percentile | $121,900 | $10,158 | $2,344 | $59 |
University of Pittsburgh - OAKLAND, PA
American Airlines - FORT WORTH, TX
University of Kansas Health System - SHAWNEE MISSION, KS
Pave - NEW YORK CITY, NY
A Compensation Specialist IV'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 IV'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 II | 2-4 years | $81,038 |
| Compensation Specialist III | 4-7 years | $106,297 |
| Compensation Specialist IV | 7+ years | $129,073 |
| Compensation Team Leader | 7+ years | $123,769 |
| Manager Global Compensation | 7+ years | $141,675 |
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 IVs. 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 IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $144,520. While startup companies pay approximate $122,261.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $122,261 |
| Growth Stage | 51~500 | $129,305 |
| Established | 501~5000 | $139,560 |
| Enterprise | 5000+ | $144,520 |
For Compensation Specialist IV roles, the industry you choose can affect earning potential by as much as 27% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Construction sectors offer the strongest compensation, at 15% above the average. In contrast, Compensation Specialist positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Compensation Specialist IV as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $148,465 | $71.0 | 15% |
| Construction | $144,592 | $70.0 | 12% |
| MFG Durable | $142,010 | $68.0 | 10% |
| Business Services | $139,428 | $67.0 | 8% |
| Energy & Utilities | $138,137 | $66.0 | 7% |
Understanding how a Compensation Specialist IV'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 | $139,300 | $11,608 | $2,679 | $67 |
| Average | $129,100 | $10,758 | $2,483 | $62 |
| 25th Percentile | $121,900 | $10,158 | $2,344 | $59 |
Promotions are the fastest way to increase your earnings. As a Compensation Specialist IV, 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 |
|---|---|---|
| Compensation Team Leader | $123,800 | -4% |
| Executive Compensation Analysis Manager | $190,400 | 47% |
Ready to take the next step in your career? Browse thousands of current Compensation Specialist IV job openings on our job board. Use the search bar below to find your perfect match.
Marriott
MARCO ISLAND, FL
City of Norfolk
NORFOLK, VA
City of Norfolk | NORFOLK, VA
Description The Department of Utilities is seeking an Accountant IV in our Budget and Accounting Division. The person in this position performs various fin... more
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GEODIS
BRENTWOOD, TN
GEODIS | BRENTWOOD, TN
Engineer IV - Warehouse Control Systems Who We Are: GEODIS specializes in unlocking business value in a complex world, ensuring seamless movement of goods ... more
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CB
MARYLAND, MD
CB | MARYLAND, MD
iQuasar is seeking to fill an Information Security Analyst IV position. At iQuasar, we strive to provide the next generation of cutting-edge technologies. ... more
2 Days Ago
McLean Intelligent Workforce
STERLING, VA
McLean Intelligent Workforce | STERLING, VA
Job Duties and Responsibilities: Perform system administration for the operating systems for which they have responsibility. Administer Windows Network in ... more
2 Days Ago
4P Consulting Inc.
ATLANTA, GA
4P Consulting Inc. | ATLANTA, GA
System Engineer IV – IT Infrastructure Location: Atlanta, GA Client: Southern Company Services Contract Duration: 3 Years Experience: 10 Years Job Summary ... more
2 Days Ago
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