A person working as a Senior Compensation Consultant in United States of America will on average earn $117186 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $117,186.00 |
| Weekly salary | $2,253.58 |
| Daily salary | $321.06 |
| Hourly salary | $40.13 |
This means senior compensation consultant salary is above average!
Job Industry: human resources
Description: A senior compensation consultant is responsible for designing, implementing, and managing compensation programs within an organization. They analyze market data, conduct salary surveys, and develop competitive compensation strategies to attract and retain top talent. They collaborate with HR teams to ensure that compensation practices align with the company's goals and comply with legal requirements. Additionally, they provide guidance on incentive plans, equity programs, and executive compensation packages. Senior compensation consultants also play a key role in evaluating job roles, conducting job evaluations, and making recommendations for salary adjustments or promotions. They stay updated on industry trends, regulations, and best practices to continuously improve compensation programs and ensure fairness and equity across the organization.
Tagged with: compensation consultant, compensation strategy, salary surveys, incentive plans, job evaluations, executive compensation