(Payroll) Compensation Specialist Salary in Colorado

How much does a (Payroll) Compensation Specialist earn in Colorado

As of April 24, 2024, a (Payroll) Compensation Specialist in Colorado earns an average salary of $51,568 per year.
A (Payroll) Compensation Specialist's salary in Colorado can be paid hourly, weekly or monthly depending on the company and job type. Most part-time jobs will be paid hourly or weekly. Using the salary calculator, the average pay comes out to be about $25 an hour or $992/week or $4,297/month.
The average salary of a (Payroll) Compensation Specialist ranges from $45,068 to $60,025. The average salary range for a (Payroll) Compensation Specialist varies widely, which indicates that there are many opportunities for advancement, promotions, and salary increases. These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
Colorado is ranked 14th out of 51 states nationwide for (Payroll) Compensation Specialist salaries. Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for (Payroll) Compensation Specialist jobs, with more online, real-time compensation data than any other website.

What is the Average (Payroll) Compensation Specialist Salary by City in Colorado?

Below is a list of the average salaries for a (Payroll) Compensation Specialist in 10 cities in Colorado. We've identified 128 cities where the typical salary for a (Payroll) Compensation Specialist job is above the average in Colorado. The top-paid city for (Payroll) Compensation Specialist is Boulder and the average salary for a (Payroll) Compensation Specialist job is earned $53,034 which is higher than the average in Colorado.
This is followed by Eldorado Springs and Jamestown in second and third places, which beat the average in Colorado by $1,466(2.84%) and $1,466(2.84%) respectively. In fourth place is Louisville with a salary of $53,034, which is higher than the Colorado average salary. Niwot and Pinecliffe continue the rankings.
Based on the summary of average salaries paid by cities in Colorado, the (Payroll) Compensation Specialist job market in Boulder is relatively active with a higher salary paid to compare to other cities in Colorado.
Finally, (Payroll) Compensation Specialist jobs pay differently by city, even if they are in Colorado. The cost of living might be a key factor when considering the location and salary of a (Payroll) Compensation Specialist position.
CITY Annual Salary Monthly Pay Weekly Pay Hourly Wage
Boulder $53,034 $4,420 $1,020 $25
Eldorado Springs $53,034 $4,420 $1,020 $25
Jamestown $53,034 $4,420 $1,020 $25
Louisville $53,034 $4,420 $1,020 $25
Niwot $53,034 $4,420 $1,020 $25
Pinecliffe $53,034 $4,420 $1,020 $25
Ward $53,034 $4,420 $1,020 $25
Hygiene $52,984 $4,415 $1,019 $25
Lafayette $52,984 $4,415 $1,019 $25
Nederland $52,984 $4,415 $1,019 $25

What Similar Jobs are Paid to (Payroll) Compensation Specialist in Colorado?

There are 11 jobs that we find are related to the (Payroll) Compensation Specialist job category,these similar jobs include Compensation Specialist,Compensation Specialist IV,Compensation Specialist I,Compensation Specialist II,Compensation Specialist III,Benefits & Compensation Specialist,Workers Compensation Specialist,Senior Compensation Specialist,Sales Compensation Analyst, Specialist,Compensation Analyst IV,and Workers Compensation Claims Specialist.
All of these 11 jobs are paid between $55,666 to $129,472, and the Compensation Specialist gets the highest paid with $129,472 from them. Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others. If you're qualified to be hired for one of these similar jobs to the (Payroll) Compensation Specialist, you could refer to the below list of job salaries based on market prices in Colorado.
JOB TITLE Annual Salary Monthly Pay Weekly Pay Hourly Wage
Compensation Specialist $129,472 $10,789 $2,490 $62
Compensation Specialist IV $128,600 $10,717 $2,473 $62
Compensation Specialist I $66,200 $5,517 $1,273 $32
Compensation Specialist II $81,300 $6,775 $1,563 $39
Compensation Specialist III $104,000 $8,667 $2,000 $50
Benefits & Compensation Specialist $55,666 $4,639 $1,070 $27
Workers Compensation Specialist $79,056 $6,588 $1,520 $38
Senior Compensation Specialist $80,694 $6,725 $1,552 $39
Sales Compensation Analyst, Specialist $128,590 $10,716 $2,473 $62
Compensation Analyst IV $128,533 $10,711 $2,472 $62
Workers Compensation Claims Specialist $93,557 $7,796 $1,799 $45