(Payroll) Compensation Specialist Salary in New Mexico

How much does a (Payroll) Compensation Specialist earn in New Mexico

As of June 27, 2024, a (Payroll) Compensation Specialist in New Mexico earns an average salary of $46,171 per year.
A (Payroll) Compensation Specialist's salary in New Mexico 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 $22 an hour or $888/week or $3,848/month.
The average salary of a (Payroll) Compensation Specialist ranges from $40,773 to $53,392. 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.
New Mexico is ranked 46th 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 New Mexico?

Below is a list of the average salaries for a (Payroll) Compensation Specialist in 10 cities in New Mexico. We've identified 211 cities where the typical salary for a (Payroll) Compensation Specialist job is above the average in New Mexico. The top-paid city for (Payroll) Compensation Specialist is Capulin and the average salary for a (Payroll) Compensation Specialist job is earned $47,974 which is higher than the average in New Mexico.
This is followed by Des Moines and Folsom in second and third places, which beat the average in New Mexico by $1,803(3.90%) and $1,803(3.90%) respectively. In fourth place is Raton with a salary of $47,974, which is higher than the New Mexico average salary. Santa Fe and Tesuque continue the rankings.
Based on the summary of average salaries paid by cities in New Mexico, the (Payroll) Compensation Specialist job market in Capulin is relatively active with a higher salary paid to compare to other cities in New Mexico.
Finally, (Payroll) Compensation Specialist jobs pay differently by city, even if they are in New Mexico. 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
Capulin $47,974 $3,998 $923 $23
Des Moines $47,974 $3,998 $923 $23
Folsom $47,974 $3,998 $923 $23
Raton $47,974 $3,998 $923 $23
Santa Fe $47,323 $3,944 $910 $23
Tesuque $47,323 $3,944 $910 $23
Glorieta $47,123 $3,927 $906 $23
Albuquerque $47,073 $3,923 $905 $23
Kirtland Afb $47,073 $3,923 $905 $23
Corrales $47,023 $3,919 $904 $23

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

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 $50,574 to $117,635, and the Compensation Specialist gets the highest paid with $117,635 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 New Mexico.
JOB TITLE Annual Salary Monthly Pay Weekly Pay Hourly Wage
Compensation Specialist $117,635 $9,803 $2,262 $57
Compensation Specialist IV $116,800 $9,733 $2,246 $56
Compensation Specialist I $60,200 $5,017 $1,158 $29
Compensation Specialist II $73,900 $6,158 $1,421 $36
Compensation Specialist III $94,500 $7,875 $1,817 $45
Benefits & Compensation Specialist $50,574 $4,214 $973 $24
Workers Compensation Specialist $71,830 $5,986 $1,381 $35
Senior Compensation Specialist $73,306 $6,109 $1,410 $35
Sales Compensation Analyst, Specialist $116,790 $9,733 $2,246 $56
Compensation Analyst IV $116,782 $9,732 $2,246 $56
Workers Compensation Claims Specialist $85,024 $7,085 $1,635 $41