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.
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 |
ConeTec - Charles City, VA
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CorVel Enterprise Comp, Inc. - Fairfax, VA
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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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
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 Analyst IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Compensation and Benefits Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
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Skills associated with Compensation Manager: Salary Planning, Salary Program Administration, Executive Compensation, Compensation Management ...More
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