How much does a Compensation Manager make in the United States? The average Compensation Manager salary in the United States is $127,937 as of April 26, 2022, but the range typically falls between $114,986 and $144,828. 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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Based on HR-reported data: a national average with a geographic differential
25% $114,986 10% $103,196 90% $160,206 75% $144,828 $127,937 50%(Median)
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Check out Compensation Manager jobs in Virginia

Human Resources Manager

New River Electrical Corporation - Cloverdale, VA

Director of Compensation

Cognosante LLC - Falls Church, VA

Director of Compensation

Centra Health - Lynchburg, VA

Remote Compensation Analyst

Sunrise Senior Living - McLean, VA

Job Description for Compensation Manager

Compensation Manager leads the development, implementation, and administration of compensation programs, policies, and procedures. Manages common compensation functions, including survey participation, job evaluation, salary structure development, incentive plan design, pay program administration and other associated initiatives. Being a Compensation Manager ensures that base pay, incentive pay and performance management programs remain competitive and conform to current compensation strategy. Directs data collection and analysis processes for market, pay equity, and other compensation studies. Additionally, Compensation Manager requires a bachelor's degree. May require the Certified Compensation Professional (CCP) credential. Typically reports to a head of a unit/department. The Compensation Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Compensation Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2022 Salary.com)... View full job description

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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for a Compensation Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
114986
144828
127937

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
122437
162035
139961
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Compensation Manager in the United States. The base salary for Compensation Manager ranges from $114,986 to $144,828 with the average base salary of $127,937. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $122,437 to $162,035 with the average total cash compensation of $139,961.
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114986
144828

 

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Skills associated with Compensation Manager: Executive Compensation, Benchmarking, Compensation Budget Modeling, HR Policy Administration ...More

Salary estimation for Compensation Manager at companies like : CABLE ONE INC, FULLNET COMMUNICATIONS INC, TEGNA INC

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