How much does a Compensation Manager make in Columbia, MD? The average Compensation Manager salary in Columbia, MD is $142,652 as of February 26, 2024, but the range typically falls between $127,821 and $161,255. 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 Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Compensation Manager Salary $114,319 Columbia,MD February 26, 2024
25th Percentile Compensation Manager Salary $127,821 Columbia,MD February 26, 2024
50th Percentile Compensation Manager Salary $142,652 Columbia,MD February 26, 2024
75th Percentile Compensation Manager Salary $161,255 Columbia,MD February 26, 2024
90th Percentile Compensation Manager Salary $178,193 Columbia,MD February 26, 2024
25% $127,821 10% $114,319 90% $178,193 75% $161,255 $142,652 50%(Median) Didn’t find job title? Click
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Check out Compensation Manager jobs in Columbia, Maryland

Senior Manager, Total Rewards

Sollis Health - Beverly Hills, CA

Human Resources Director

White Bird Clinic - Eugene, OR

Compensation Analyst

ZipRecruiter - Los Angeles, CA

What skills does a Compensation Manager need?

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.

Analysis 1.12%
Promotion 0.19%
Microsoft Office 0.12%
Others 98.57%

Job Description for Compensation Manager

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. Being a Compensation Manager 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. Additionally, Compensation Manager requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a head of a unit/department. The Compensation Manager 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. To be a Compensation Manager 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. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Compensation Manager in Columbia, MD

Career Path for Compensation Manager

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 Manager, the first career path typically starts with a Compensation Senior Manager position, and then progresses to Compensation Director.

Additionally, the second career path typically progresses to Executive Compensation Manager.

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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.
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Compensation Manager salary varies from city to city. Compared with national average salary of Compensation Manager, the highest Compensation Manager salary is in San Francisco, CA, where the Compensation Manager salary is 25.0% above. The lowest Compensation Manager salary is in Miami, FL, where the Compensation Manager 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 Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
127821
161255
142652

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
136152
181630
156386
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Compensation Manager in Columbia, MD. The base salary for Compensation Manager ranges from $127,821 to $161,255 with the average base salary of $142,652. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $136,152 to $181,630 with the average total cash compensation of $156,386.
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.

127821
161255

 

Step 3 of 3

How much should you be paid?

About Columbia, Maryland    The center of Columbia is located at 39°12.5′N 76°52′W / 39.2083°N 76.867°W / 39.2083; -76.867. Because it is unincorporated, there is confusion ov....More

Columbia, Maryland  area prices were up 1.5% from a year ago    View the Cost of Living in Columbia, Maryland

Compensation Manager Salary in popular cities: BaltimoreGermantownSilver Spring

Skills associated with Compensation Manager: Incentive Programs, Market Pricing, HR Regulatory Environment & Compliance, Salary Planning ...More

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Salary estimation for Compensation Manager at companies like : 2frederick County Career Firefighters Benevolent Fund Inc, Fritz Fischer GmbH, Electronics Systems Inc