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Compensation Specialist Salary

$65,608 (USD)

Average Salary

$32/hr

Average Hourly

$2,605

Average Bonus

Last updated: December 07, 2019

The average pay for a Compensation Specialist is $65,608 a year and $32 an hour in the United States. The average salary range for a Compensation Specialist is between $46,454 and $81,295. On average, a Master's Degree is the highest level of education for a Compensation Specialist. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Description:
  • Collaborates with management and Human Resources Consultants in personnel-related planning and decision-making, including the analysis and review of job classification and reclassification requests.
  • Implements quality controls in the job classification process for existing and newly created positions, and evaluates jobs as appropriate.
  • Provides professional guidance, advice, coordination, training, and support in the effective and consistent application of compensation programs, management principles, guidelines, procedures, and best practices.
  • Aids in the planning, development, coordination, facilitation, administration, and reporting of the annual salary review program for employees and in the implementation of compensation programs and policies.
Compensation Specialist Job Prevalence in the United States

Job family: Compensation, Benefits, and Job Analysis Specialists

Job family population: 83,550

Estimated population of Compensation Specialist jobs: 1,825

Rate of error: 1.5%

Estimated salary in 2024:
$76,058
5 Year Change:
16 %
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About United States

United States Cost of Living Score:

Description: The United States of America (USA), commonly known as the United States (U.S. or US) or simply America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles (9.8 million km2), it is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe. Most of the country is located in central North America between Canada and Mexico. With an estimated population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the...

Compensation Specialist Job Listings for United States

Compensation Specialist
Dec 5
Sugar Land, TX, USA
Ajilon
Ajilon is seeking a Compensation Specialist to work with an Industrial Services company located in Sugar Land, TX. Candidates are required to have experience with Job Benchmark Analysis on a global ...
Sr. Compensation Specialist
Dec 6
Wilmington, DE, USA
Aspire Staffing Group
TEMP TO HIRE Sr. Compensation Specialist To administer the compensation function including policies procedures and practices covering all aspects of the rewards and recognition programs. Duties and ...
Compensation Specialist
Dec 6
Millsboro, United States
Mountaire Farms
Mountaire Farms is a vertically integrated agricultural company headquartered in Millsboro, DE. Over the last decade we have seen significant growth in our business and have established a reputable ...
Compensation Specialist
Nov 19
Chicago, IL, USA
Accounting Principals
Compensation Specialist Ajilon is looking to hire a Compensation Specialist. This position will be 40 hours each week. This is a contract to hire position that requires an individual that can develop ...
Compensation Analyst (healthcare industry)
Nov 20
Los Angeles, CA, USA
RadNet
The compensation specialist will be responsible for researching and evaluating current job positions to ensure the company is competitive in the areas of salaries and employee benefits by region and ...

The average pay for a Compensation Specialist is $65,608 a year and $32 an hour in the United States. The average salary range for a Compensation Specialist is between $46,454 and $81,295. On average, a Master's Degree is the highest level of education for a Compensation Specialist. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Salaries By Location

Compensation Specialist
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Compensation Specialist
Dec 5
Sugar Land, TX, USA
Ajilon
Ajilon is seeking a Compensation Specialist to work with an Industrial Services company located in Sugar Land, TX. Candidates are required to have experience with Job Benchmark Analysis on a global ...
Sr. Compensation Specialist
Dec 6
Wilmington, DE, USA
Aspire Staffing Group
TEMP TO HIRE Sr. Compensation Specialist To administer the compensation function including policies procedures and practices covering all aspects of the rewards and recognition programs. Duties and ...
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View our most popular salary searches and other resources