How much does a Compensation Manager make in the United States? The average Compensation Manager salary in the United States is $137,536 as of October 25, 2023, but the range typically falls between $123,235 and $155,475. 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. 

Based on HR-reported data: a national average with a geographic differential
Compensation Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Compensation Manager Salary $110,214 US October 25, 2023
25th Percentile Compensation Manager Salary $123,235 US October 25, 2023
50th Percentile Compensation Manager Salary $137,536 US October 25, 2023
75th Percentile Compensation Manager Salary $155,475 US October 25, 2023
90th Percentile Compensation Manager Salary $171,807 US October 25, 2023
25% $123,235 10% $110,214 90% $171,807 75% $155,475 $137,536 50%(Median) Didn’t find job title? Click
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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 a Certified Compensation Professional (CCP) certification. 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 2023 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
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
123235
155475
137536

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
131265
175114
150776
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 $123,235 to $155,475 with the average base salary of $137,536. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $131,265 to $175,114 with the average total cash compensation of $150,776.
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123235
155475

 

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Skills associated with Compensation Manager: Salary Planning, Salary Program Administration, Executive Compensation, Compensation Management ...More

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