(Payroll) Compensation Specialist Salary in Minnesota

(Payroll) Compensation Specialist Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile (Payroll) Compensation Specialist Salary $40,448 MN December 01, 2024
25th Percentile (Payroll) Compensation Specialist Salary $45,766 MN December 01, 2024
50th Percentile (Payroll) Compensation Specialist Salary $51,607 MN December 01, 2024
75th Percentile (Payroll) Compensation Specialist Salary $59,253 MN December 01, 2024
90th Percentile (Payroll) Compensation Specialist Salary $66,215 MN December 01, 2024
25% $45,766 10% $40,448 90% $66,215 75% $59,253 $51,607 50%(Median) Didn’t find job title? Click

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

As of December 01, 2024, a (Payroll) Compensation Specialist in Minnesota earns an average salary of $51,607 per year.
A (Payroll) Compensation Specialist's salary in Minnesota 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 $4,301/month.
The average salary of a (Payroll) Compensation Specialist ranges from $45,766 to $59,253. 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.
Minnesota is ranked 13th 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 Minnesota?

Below is a list of the average salaries for a (Payroll) Compensation Specialist in 10 cities in Minnesota. We've identified 124 cities where the typical salary for a (Payroll) Compensation Specialist job is above the average in Minnesota. The top-paid city for (Payroll) Compensation Specialist is Hopkins and the average salary for a (Payroll) Compensation Specialist job is earned $53,524 which is higher than the average in Minnesota.
This is followed by Mendota and Minneapolis in second and third places, which beat the average in Minnesota by $1,917(3.71%) and $1,917(3.71%) respectively. In fourth place is Minnetonka with a salary of $53,524, which is higher than the Minnesota average salary. Saint Paul and Osseo continue the rankings.
Based on the summary of average salaries paid by cities in Minnesota, the (Payroll) Compensation Specialist job market in Hopkins is relatively active with a higher salary paid to compare to other cities in Minnesota.
Finally, (Payroll) Compensation Specialist jobs pay differently by city, even if they are in Minnesota. 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
Hopkins $53,524 $4,460 $1,029 $26
Mendota $53,524 $4,460 $1,029 $26
Minneapolis $53,524 $4,460 $1,029 $26
Minnetonka $53,524 $4,460 $1,029 $26
Saint Paul $53,524 $4,460 $1,029 $26
Osseo $53,473 $4,456 $1,028 $26
Circle Pines $53,423 $4,452 $1,027 $26
Eden Prairie $53,423 $4,452 $1,027 $26
Navarre $53,423 $4,452 $1,027 $26
South Saint Paul $53,423 $4,452 $1,027 $26

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

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 $56,682 to $132,764, and the Compensation Specialist gets the highest paid with $132,764 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 Minnesota.
JOB TITLE Annual Salary Monthly Pay Weekly Pay Hourly Wage
Compensation Specialist $132,764 $11,064 $2,553 $64
Compensation Specialist IV $131,900 $10,992 $2,537 $63
Compensation Specialist I $68,100 $5,675 $1,310 $33
Compensation Specialist II $82,600 $6,883 $1,588 $40
Compensation Specialist III $106,000 $8,833 $2,038 $51
Benefits & Compensation Specialist $56,682 $4,723 $1,090 $27
Workers Compensation Specialist $80,137 $6,678 $1,541 $39
Senior Compensation Specialist $81,994 $6,833 $1,577 $39
Sales Compensation Analyst, Specialist $131,890 $10,991 $2,536 $63
Compensation Analyst IV $131,817 $10,985 $2,535 $63
Workers Compensation Claims Specialist $95,101 $7,925 $1,829 $46