1. What is the average salary of a Compensation and Benefits Director?
The average annual salary of Compensation and Benefits Director is $207,193.
In case you are finding an easy salary calculator,
the average hourly pay of Compensation and Benefits Director is $100;
the average weekly pay of Compensation and Benefits Director is $3,984;
the average monthly pay of Compensation and Benefits Director is $17,266.
2. Where can a Compensation and Benefits Director earn the most?
A Compensation and Benefits Director's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Compensation and Benefits Director earns the most in San Jose, CA, where the annual salary of a Compensation and Benefits Director is $260,027.
3. What is the highest pay for Compensation and Benefits Director?
The highest pay for Compensation and Benefits Director is $255,094.
4. What is the lowest pay for Compensation and Benefits Director?
The lowest pay for Compensation and Benefits Director is $170,289.
5. What are the responsibilities of Compensation and Benefits Director?
Compensation and Benefits Director directs an organization's compensation and benefits department's policies, objectives, and initiatives. Develops and administers all compensation and benefits programs designed to attract and retain employees. Being a Compensation and Benefits Director ensures compensation and benefits programs remain within budgetary constraints. Monitors trends and provides recommendations for improvements. Additionally, Compensation and Benefits Director creates policies and initiatives to ensure compensation and benefits programs follow all legal and organizational rules and guidelines. Requires a bachelor's degree. Typically reports to senior management. The Compensation and Benefits Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Compensation and Benefits Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.