Compensation Specialist Salary

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How much does a Compensation Specialist make? The average Compensation Specialist salary is $126,603 as of March 26, 2024, but the salary range typically falls between $115,671 and $139,081. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Salary range for a Compensation Specialist
$115,671 to $139,081
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Job Openings for Compensation Specialist
Workers' Compensation Specialist
Lakeshore Talent - Denver , CO
Lakeshore Talent is looking for a skilled Temporary Worker's Compensation Specialist to assist our client in Denver in managing workers' compensation claims effectively. The ideal candidate will have ...
LinkedIn - 27 days ago
Compensation Specialist
IWCO - Chanhassen , MN
The Compensation Analyst will lead the Company's overall compensation philosophy by researching job requirements and evaluating job positions to ensure the company is competitive in the areas of ...
LinkedIn - 16 days ago
Workers' Compensation Specialist
Intercare Holdings Insurance Services - Phoenix , AZ
Senior Workers Compensation Claims Adjuster Job Details Job Type Full-time Phoenix, AZ Description Role Specifics: * Jurisdiction: Arizona * Licenses: Arizona license * Location: This role is fully ...
LinkedIn - 16 days ago
[HYBRID] Compensation & Benefits Specialist ($100k-$110k)
#twiceasnice Recruiting - West Jordan , UT
[HYBRID] Compensation & Benefits Specialist Location: Salt Lake City, UT [HYBRID work schedule; 2-3 days in office per week) Salary: $100,000 - $110,000 + Bonus up to 10% Benefits: Medical, Dental ...
ZipRecruiter - 7 days ago
Experienced Workers' Compensation Lien Specialist
Robinson Di Lando, A Professional Law Corporation - Los Angeles , CA
Busy Workers' Compensation Defense Practice Seeks experienced defense-side lien specialist. The successful candidate will be responsible for: * Evaluating liens * Obtaining settlement authority
LinkedIn - 4 days ago
Compensation Analyst
TEEMA Group Solutions - Juneau , AK
Seeking a Compensation Specialist Are you a talented Compensation Specialist seeking a rewarding role in healthcare? Join our team in Juneau, AK, and contribute to developing and implementing ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 7 days ago

Compensation Specialist Salary in Major Cities

This chart shows the salary comparison for Compensation Specialist between major cities. San Francisco City consistently ranks #1 as of March 26, 2024. Click on the chart to see the detail salary data for Compensation Specialist in each city.

Compensation Specialist Salary by City

Click to see the salary for Compensation Specialist in these major U.S. cities.
City Name Average Salary
San Francisco, CA $158,254
Washington, DC $140,909
Miami, FL $122,172
Chicago, IL $132,806
Boston, MA $141,922
New York, NY $147,872
Dallas, TX $124,957
If you'd like know Compensation Specialist Salary in other cities, then please select a city in

Average Salary Range for Compensation Specialist

Average Base Salary

Core compensation

 
 
 
115671
139081
126603

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
122319
153055
136616
What is the average salary for Compensation Specialist in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Compensation Specialist in the United States. The base salary for Compensation Specialist ranges from $115,671 to $139,081 with the average base salary of $126,603. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $122,319 to $153,055 with the average total cash compensation of $136,616.

View Average Salary for Compensation Specialist as table

Average Salary Average Salary Range
Base Salary $126,603 $115,671 - $139,081
Bonus $10,014 $6,648 - $13,974
Total Pay $136,616 $122,319 - $153,055
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

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Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Compensation Specialist, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Your target salary is ?
115671
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Comments about Compensation Specialist

What's the difference between Compensation Specialist IV and Compensation Specialist?
According to our latest salary estimation on March 26, 2024. The average salary of Compensation Specialist is $126,603, and the average salary of Compensation Specialist IV is $125,700. The average salary of Compensation Specialist IV is lower than Compensation Specialist. ( 2024-03-27 salary.com )
I am a Compensation Specialist, which location’s salary is higher, Oxnard, CA or Hutchinson, KS?
Oxnard, CA typically sees higher pay than Hutchinson, KS for Compensation Specialist. a Compensation Specialist Salary in Oxnard, CA is $135,718 as of March 26, 2024; a Compensation Specialist Salary in Hutchinson, KS is $116,981 as of March 26, 2024. ( 2024-03-27 salary.com )

Compensation Specialist Frequently Asked Questions

Why does the salary of a Compensation Specialist vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2024-03-27 salary.com )
What are the Pay Factors for Compensation Specialist?
Salary ranges for a Compensation Specialist can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2024-03-27 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2024-03-27 salary.com )

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

Last Update: March 26, 2024