How much does a Compensation Director make in the United States? The average Compensation Director salary in the United States is $169,245 as of April 26, 2022, but the range typically falls between $150,285 and $191,556. Salary ranges 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 Director is responsible for the design, implementation, and ongoing evaluation of the organization's compensation programs, including base pay, incentive pay, and performance management programs. Leads the compensation function and works with senior management to ensure that compensation strategy and programs support the organization's business objectives, meet all legal requirements, and deliver value and equitable pay. Being a Compensation Director develops compensation budget for assigned areas and manages budget after it is approved. Establishes data collection and analysis processes for market, pay equity, and other compensation studies. Additionally, Compensation Director may be responsible for entire organization or for one or more major segments of a larger organization. Requires a bachelor's degree. May require the Certified Compensation Professional (CCP) credential. Typically reports to top management. The Compensation 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 Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2022 Salary.com)... View full job description
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
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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 III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Compensation and Benefits Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Compensation and Benefits Director | Experience | EducationBachelors | Salary Compared to This Job |
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Skills associated with Compensation Director: Salary Program Administration, Market Pricing, Incentive Programs, Compensation Program Design ...More
Salary estimation for Compensation Director at companies like : CPI AEROSTRUCTURES INC, DORIAN LPG LTD, HOWMET AEROSPACE INC