Compensation Board Salary

How much does the Compensation Board Pay for employees?

As of August 2026, the average annual salary for employees at Compensation Board in the United States is $89,363. This translates to an approximate hourly wage of $43. Salaries at Compensation Board typically range from $78,110 to $102,295 annually, reflecting the diverse roles and experience levels within the company. Compensation Board’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Compensation Board

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Is Compensation Board’s Pay Competitive? Salary Benchmarking Analysis

How does Compensation Board’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Compensation Board
Edu., Gov't. & Nonprofit
Arlington Heights High School
Kids First of Florida Inc
Industry Comparison
Our data shows that, on average, compensation at Compensation Board is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Compensation Board average annual salary with several similar companies. Compensation Board average salary of $89,363 is higher than Arlington Heights High School, which has an average salary of $87,200. It is higher than Kids First of Florida Inc, with their average salary at $85,776. This places Compensation Board in a competitive position among its peers.
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Employee Reviews: Working at Compensation Board

Considering a career at Compensation Board? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Culture is calm, and expectations are manageable for most roles. Employees have autonomy with support, and collaboration between teams ensures projects move forward effectively and efficiently. Communication can be formal and hierarchical, limiting quick feedback. Strong team dynamics, although cross-department communication is lacking.
You can tell their team is trained, passionate, and guided by a strong mission. Communication could be more proactive. You see the direct results of your efforts in improved educational outcomes or more efficient government operations. While the team is supportive, bureaucracy sometimes take time decision-making. Employee recognition programs are meaningful and frequent. The company invests in cut...
While there are processes to follow, they ensure fairness and consistency. Employees have access to continuous training and tuition assistance. Their team is skilled, responsive, and a pleasure to work with.
The pace is manageable, and the benefits make it a competitive employer. It’s rewarding to work somewhere that prioritizes service and ethics. It’s a place where success feels shared and celebrated.

Compensation Board Overview

Website
www.scb.virginia.gov
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
202 N 9th St Richmond Virginia VA 23219
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Compensation Board
Compensation Board is a company that operates in the Government industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Richmond, Virginia.

What Benefits Does Compensation Board Offer Beyond Salary?

A competitive compensation package is more than just a salary. Compensation Board offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Compensation Board.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Compensation Board, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Compensation Board salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Compensation Board

1. What is the typical salary range (low to high) for most roles at Compensation Board?

The typical annual salary range for most roles at Compensation Board is approximately from $78,110 to $102,295. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Compensation Board pay compared to Arlington Heights High School?

The average annual salary at Compensation Board is $89,363, or an hourly wage of $43, in comparison to Arlington Heights High School which pays $87,200 per year or $42 per hour.

3. How does experience level affect salary at Compensation Board?

Experience level is a significant factor in determining salary at Compensation Board, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Compensation Board in Richmond is fair given the local cost of living?

To determine if a salary offer from Compensation Board in Richmond is fair, first compare the gross salary to our data for similar roles at Compensation Board and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Richmond" to understand its purchasing power.

5. What factors influence salary increases at Compensation Board?

Salary increases at Compensation Board are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.