1. What is the average salary of a Compensation Supervisor?
The average annual salary of Compensation Supervisor is $131,010.
In case you are finding an easy salary calculator,
the average hourly pay of Compensation Supervisor is $63;
the average weekly pay of Compensation Supervisor is $2,519;
the average monthly pay of Compensation Supervisor is $10,918.
2. Where can a Compensation Supervisor earn the most?
A Compensation Supervisor's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Compensation Supervisor earns the most in San Jose, CA, where the annual salary of a Compensation Supervisor is $164,418.
3. What is the highest pay for Compensation Supervisor?
The highest pay for Compensation Supervisor is $163,189.
4. What is the lowest pay for Compensation Supervisor?
The lowest pay for Compensation Supervisor is $99,514.
5. What are the responsibilities of Compensation Supervisor?
Compensation Supervisor supervises a team working on compensation plans and programs and related analysis. Oversees common compensation projects, including survey participation, job evaluation, salary structure development, incentive plan design, pay program administration and other associated initiatives. Being a Compensation Supervisor ensures that compensation plans and programs are consistent with organizational policies and all applicable federal and state laws. Maintains salary structures and company compensation policies. Additionally, Compensation Supervisor is responsible for survey participation and compensation analysis. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a manager. The Compensation Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Compensation Supervisor typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.
6. What are the skills of Compensation Supervisor
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
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Continuous Improvement: A continual improvement process, also often called a continuous improvement process (abbreviated as CIP or CI), is an ongoing effort to improve products, services, or processes. These efforts can seek "incremental" improvement over time or "breakthrough" improvement all at once. Delivery (customer valued) processes are constantly evaluated and improved in the light of their efficiency, effectiveness and flexibility. Some see CIPs as a meta-process for most management systems (such as business process management, quality management, project management, and program management). W. Edwards Deming, a pioneer of the field, saw it as part of the 'system' whereby feedback from the process and customer were evaluated against organisational goals. The fact that it can be called a management process does not mean that it needs to be executed by 'management'; but rather merely that it makes decisions about the implementation of the delivery process and the design of the delivery process itself.
3.)
Cadence: In Western musical theory, a cadence is the end of a phrase in which the melody or harmony creates a sense of resolution.