How much does a Compensation Manager make in Andover, MA? The average Compensation Manager salary in Andover, MA is $144,748 as of May 25, 2023, but the range typically falls between $129,699 and $163,630. 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, helps you determine your exact pay target. 

Based on HR-reported data: a national average with a geographic differential
25% $129,699 10% $115,997 90% $180,821 75% $163,630 $144,748 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 View full job description

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Job Openings for Compensation Manager in Andover, MA
Those that have already made the climb...
Megan M. Detz, Senior Vice President, Human Resources
Cable One, Inc. owns and operates cable systems that provide data, video, and voice services. The company offers residential data services, including WiFi ONE, a Wi-Fi solution to enhance Wi-Fi signal throughout the home. It also provides residential video services, such as local networks; local community programming t... More
Fiscal Year Ended in 2021
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Compensation Manager in Andover, MA. The base salary for Compensation Manager ranges from $129,699 to $163,630 with the average base salary of $144,748. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $138,146 to $184,295 with the average total cash compensation of $158,680.
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About Andover, Massachusetts    According to the United States Census Bureau, the town has a total area of 32.1 square miles (83.2 km2), of which 31.0 square miles (80.3 km2) is land....More

Andover, Massachusetts  area prices were up 1.6% from a year ago    View the Cost of Living in Andover, Massachusetts

Compensation Manager Salary in popular cities: BostonWorcesterSpringfield

Skills associated with Compensation Manager: Compensation Management, HR Policy Administration, Salary Program Administration, Compensation Budget Modeling ...More

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