upper level job

How much does a Compensation Manager make?

As of April 01, 2025, the average annual salary for a Compensation Manager in the United States is $127,739. According to Salary.com, salaries can range from a low of $116,666 to a high of $149,025, with most professionals earning between $121,943 and $138,881.

Compensation Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $138,881 $11,573 $2,671 $67
Average $127,739 $10,645 $2,457 $61
25th Percentile $121,943 $10,162 $2,345 $59

Average Salary

25% $121,943 10% $116,666 90% $149,025 75% $138,881 $127,739 50%(Median)
Change Search Criteria

How much does a Compensation Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Compensation Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Compensation Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Compensation Manager's Salary?

An entry-level Compensation Manager with less than 1 year of experience earns about $125,576. With 1-2 years of experience, the average salary increases to $125,836. For 2-4 years of experience, the pay typically rises to $126,441. Senior-level professionals with 5-8 years of experience earn around $127,133, and those with over 8 years of experience can expect an average of $128,903.

Levels Salary
Entry Level Compensation Manager $125,576
Intermediate Level Compensation Manager $125,836
Senior Level Compensation Manager $126,441
Specialist Level Compensation Manager $127,133
Expert Level Compensation Manager $128,903
$125,576 0 yr
$125,836 < 2 yrs
$126,441 2-4 yrs
$127,133 5-8 yrs
$128,903 > 8 yrs
Last Updated on April 01, 2025
Entry Level 2%
Mid Level 1%
Senior Level 1%
Top Level 0%
Experienced 1%
View as graph
Last Updated on April 01, 2025

How much does salary of Compensation Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Compensation Manager is $159,533.
  • In New York, NY, the average annual salary is $148,037.
  • In Boston, MA, a Compensation Manager earns $142,467 per year.

What is the salary trend of Compensation Manager?

As of April 01, 2025, our research reveals a significant shift in Compensation Manager compensation over the past six years. For example, the median salary increased from $122,492 in 2023 to approximately $122,003 in 2024. (For a detailed analysis of Compensation Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Compensation Manager Over Time

2020
$???
2021
$???
2022
$???
$122,492
2023
$122,003
2024
$119,992
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$122,492
2024
$122,003
2025
$119,992
2026
$???
Last Updated on April 01, 2025

Compensation Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $122,492
2024 $122,003
2025 $119,992
2026 View More
Last Updated on April 01, 2025

Job Openings of Compensation Manager

Salary.com job board provides millions of Compensation Manager information for you to search for. Click on search button below to see Compensation Manager job openings or enter a new job title here.

Most Common Benefits for Compensation Manager

Based on HR-reported data: a national average with a geographic differential
Base Salary 72.4%
Bonuses 0.0%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 4.7%
Pension 3.9%
Time Off 8.9%
Core Compensation
Core Compensation Median % of Total
Base Salary $127,739 72.4%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $9,772 5.5%
401K/403B $5,365 3.0%
Disability $2,555 1.4%
Healthcare $8,352 4.7%
Pension $6,898 3.9%
Time Off $15,722 8.9%
Total Compensation $176,403 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Compensation Manager with different levels of education?

Salaries for Compensation Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Compensation Manager with a Bachelor's Degree is $136,033 - $144,729. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Compensation Manager Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Compensation Manager
Degree Level % of user with this level of education
No Diploma 0.4%
High School 4.2%
Associates 2.5%
Bachelors 47.5%
Masters 43.2%
Doctorate 2.1%
Typical Education for Compensation Manager
No Diploma 0.4%
High School 4.2%
Associates 2.5%
Bachelors 47.5%
Masters 43.2%
Doctorate 2.1%
view as table

Compensation Manager Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Compensation Manager

1. What is the average salary of a Compensation Manager?

The average annual salary of Compensation Manager is $127,739. In case you are finding an easy salary calculator, the average hourly pay of Compensation Manager is $61; the average weekly pay of Compensation Manager is $2,457; the average monthly pay of Compensation Manager is $10,645.

2. Where can a Compensation Manager earn the most?

A Compensation Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Compensation Manager earns the most in San Jose, CA, where the annual salary of a Compensation Manager is $161,117.

3. What is the highest pay for Compensation Manager?

The highest pay for Compensation Manager is $149,025.

4. What is the lowest pay for Compensation Manager?

The lowest pay for Compensation Manager is $116,666.

5. What are the responsibilities of Compensation Manager?

Leads the development, implementation, and administration of compensation programs, policies, and procedures. Manages common compensation functions, including survey participation, job evaluation, salary structure development, incentive plan design, pay program administration and other associated initiatives. Ensures that base pay, incentive pay and performance management programs remain competitive and conform to current compensation strategy. Directs data collection and analysis processes for market, pay equity, and other compensation studies. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a head of a unit/department. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

6. What are the skills of Compensation Manager

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

Promotion: Developing and implementing promotional activities to attract and increase the awareness of customers in buying products.

3.)

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

Is this useful?

The average salary for a Compensation Manager is $127,739 per year in the United States, updated at April 01, 2025.
Is this useful? Maybe
lower level job