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Compensation Manager Salary
in Chicago, Illinois

$134,606 (USD)

Average Salary


Average Hourly


Average Bonus

Last updated: June 25, 2019

Salary Recap

The average pay for a Compensation Manager is $134,606 a year and $65 an hour in Chicago, Illinois, United States. The average salary range for a Compensation Manager is between $93,392 and $167,475. On average, a Bachelor's Degree is the highest level of education for a Compensation Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

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Job Summary

  • Manages compensation program, which may include incentive and executive compensation.
  • Directs development and application of techniques of job analysis, job descriptions, evaluations, grading, and pricing in order to determine and convert relative job worth into monetary values to be administered according to pay-scale guidelines and policy.
Compensation Manager Job Prevalence in Chicago, Illinois, United States

Job family: Compensation and Benefits Managers

Job family population: 15,520

Estimated population of Compensation Manager jobs: 207

Rate of error: 1.6%

Salary Potential

Estimated salary in 2024:
5 Year Change:
16 %



About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,705,994 (2018), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Compensation Manager Job Listings for Chicago, Illinois

Human Resources Manager
Jun 25
Portage, IN, USA
voestalpine Bohler Welding USA
... compensation management Company Description People are what make the difference at voestalpine. People who produce, process and refine high-quality steel products in flexible, specialized companies ...
Human Resources Manager
Jun 21
Chicago, IL, USA
Distribution Warehouse
The manager must be sensitive to employee goodwill and company needs. RESPONSIBILITIES INCLUDE ... Reports, maintains and monitors all workers' compensation case files; follows-up on open cases.
Human Resource Manager
Jun 25
Bloomingdale, IL, USA
Corporate Resources
Human Resource Manager (Bloomingdale, IL) $80,000-$90,000 + Medical, Life, Disability, Dental,401K ... Implements and annually updates compensation program; rewrites job descriptions as necessary ...
Human Resources Manager
Jun 7
Chicago, IL, USA
Richardson Seating
Implements and annually updates the compensation program; rewrites job descriptions as necessary ... Relationship Management. * Ethical Practice. Supervisory Responsibility This position manages all ...
Human Resources Manager
Jun 6
Chicago, IL, USA
Manage relationships with all outside recruiting vendors or internet services. * Serve as a link ... Develop, analyze, modify and maintain the compensation program, guidelines and procedures ...
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