(Payroll) Compensation Specialist Salary in Indiana

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

As of January 26, 2024, a (Payroll) Compensation Specialist in Indiana earns an average salary of $48,980 per year.
A (Payroll) Compensation Specialist's salary in Indiana 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 $24 an hour or $942/week or $4,082/month.
The average salary of a (Payroll) Compensation Specialist ranges from $42,805 to $57,013. 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.
Indiana is ranked 26th 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 Indiana?

Below is a list of the average salaries for a (Payroll) Compensation Specialist in 10 cities in Indiana. We've identified 50 cities where the typical salary for a (Payroll) Compensation Specialist job is above the average in Indiana. The top-paid city for (Payroll) Compensation Specialist is Lowell and the average salary for a (Payroll) Compensation Specialist job is earned $50,505 which is higher than the average in Indiana.
This is followed by Hebron and East Chicago in second and third places, which beat the average in Indiana by $1,398(2.85%) and $1,222(2.50%) respectively. In fourth place is Gary with a salary of $50,203, which is higher than the Indiana average salary. Griffith and Hammond continue the rankings.
Based on the summary of average salaries paid by cities in Indiana, the (Payroll) Compensation Specialist job market in Lowell is relatively active with a higher salary paid to compare to other cities in Indiana.
Finally, (Payroll) Compensation Specialist jobs pay differently by city, even if they are in Indiana. 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
Lowell $50,505 $4,209 $971 $24
Hebron $50,378 $4,198 $969 $24
East Chicago $50,203 $4,184 $965 $24
Gary $50,203 $4,184 $965 $24
Griffith $50,203 $4,184 $965 $24
Hammond $50,203 $4,184 $965 $24
Highland $50,203 $4,184 $965 $24
Hobart $50,203 $4,184 $965 $24
Lake Station $50,203 $4,184 $965 $24
Merrillville $50,203 $4,184 $965 $24

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

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 $53,228 to $121,030, and the Compensation Specialist gets the highest paid with $121,030 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 Indiana.
JOB TITLE Annual Salary Monthly Pay Weekly Pay Hourly Wage
Compensation Specialist $121,030 $10,086 $2,328 $58
Compensation Specialist IV $120,200 $10,017 $2,312 $58
Compensation Specialist I $63,200 $5,267 $1,215 $30
Compensation Specialist II $77,000 $6,417 $1,481 $37
Compensation Specialist III $98,600 $8,217 $1,896 $47
Benefits & Compensation Specialist $53,228 $4,436 $1,024 $26
Workers Compensation Specialist $75,833 $6,319 $1,458 $36
Senior Compensation Specialist $76,411 $6,368 $1,469 $37
Sales Compensation Analyst, Specialist $120,190 $10,016 $2,311 $58
Compensation Analyst IV $120,169 $10,014 $2,311 $58
Workers Compensation Claims Specialist $89,004 $7,417 $1,712 $43