How much does a Compensation Director make in Chicago, IL? The average Compensation Director salary in Chicago, IL is $216,635 as of February 26, 2024, but the range typically falls between $191,473 and $242,953. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Compensation Director Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Compensation Director Salary $168,565 Chicago,IL February 26, 2024
25th Percentile Compensation Director Salary $191,473 Chicago,IL February 26, 2024
50th Percentile Compensation Director Salary $216,635 Chicago,IL February 26, 2024
75th Percentile Compensation Director Salary $242,953 Chicago,IL February 26, 2024
90th Percentile Compensation Director Salary $266,914 Chicago,IL February 26, 2024
25% $191,473 10% $168,565 90% $266,914 75% $242,953 $216,635 50%(Median) Didn’t find job title? Click
Change Search Criteria
Check out Compensation Director jobs in Chicago, Illinois

Compensation Director

Merit Resource Group - Alameda, CA

Human Resources Director

Encompass Health - Boise, ID

Human Resources Director

White Bird Clinic - Eugene, OR

Job Description for Compensation Director

Compensation Director directs, designs, and plans compensation policies, objectives, and initiatives. Oversees the collection of wage, salary, and incentive survey data to ensure the organization's compensation programs/objectives are competitive. Being a Compensation Director plans and administers long and short-term equity programs and executive programs that drive company performance and comply with laws and regulations . Ensures compensation programs remain within budgetary constraints. Additionally, Compensation Director oversees messaging to employees to promote clarity and reinforce the value of compensation programs. Keeps abreast of regulatory, market, and practice changes and trends. Champions timely and robust data collection and analysis processes that support research and market, pay equity, and other compensation studies. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to top management. The Compensation Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Compensation Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Compensation Director.

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

Job Openings for Compensation Director in Chicago, IL

Career Path for Compensation Director

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Compensation Director, the first career path typically progresses to Top Compensation Executive.

Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Compensation Director

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Compensation Director salary varies from city to city. Compared with national average salary of Compensation Director, the highest Compensation Director salary is in San Francisco, CA, where the Compensation Director salary is 25.0% above. The lowest Compensation Director salary is in Miami, FL, where the Compensation Director salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Compensation Director, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
191473
242953
216635

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
216842
304565
257219
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Compensation Director in Chicago, IL. The base salary for Compensation Director ranges from $191,473 to $242,953 with the average base salary of $216,635. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $216,842 to $304,565 with the average total cash compensation of $257,219.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

191473
242953

 

Step 3 of 3

How much should you be paid?

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Compensation Director Salary in popular cities: AuroraRockfordJoliet

Skills associated with Compensation Director: Survey Participation, HR Regulatory Environment & Compliance, Benchmarking, Equity Based Compensation ...More

Recently searched related titles: Director Of Compensation

Salary estimation for Compensation Director at companies like : Newspapers companies, International Barter Network Corp, Anvil Technical Solutions Inc