Compensation Manager Salary in Saginaw, Michigan
Compensation Manager Salary in Saginaw, MI
How much does a Compensation Manager make in Saginaw, MI? The average Compensation Manager salary in Saginaw, MI is $131,066 as of March 26, 2024, but the range typically falls between $117,349 and $147,809. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Compensation Manager Salary | $104,861 | Saginaw,MI | March 26, 2024 |
| 25th Percentile Compensation Manager Salary | $117,349 | Saginaw,MI | March 26, 2024 |
| 50th Percentile Compensation Manager Salary | $131,066 | Saginaw,MI | March 26, 2024 |
| 75th Percentile Compensation Manager Salary | $147,809 | Saginaw,MI | March 26, 2024 |
| 90th Percentile Compensation Manager Salary | $163,052 | Saginaw,MI | March 26, 2024 |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Promotion: Developing and implementing promotional activities to attract and increase the awareness of customers in buying products.
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.
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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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.
What does a Compensation Manager do?
Are you an HR manager or compensation specialist?
Salary.com's CompAnalyst platform offers:
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Compensation Manager Pay Difference by Location
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 3.5% lower than national average salary.
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About Saginaw, Michigan
Similar Jobs to Compensation Manager
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Compensation Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Compensation Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Compensation Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Compensation and Benefits Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Compensation and Benefits Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Level of Education for Compensation Manager
Jobs with different levels of education may pay very differently. Check the Compensation Manager salary of your education level.
Compensation Manager Salary by Global Country
Compensation Manager salary varies from country to country. There are several factors that mainly impact the Compensation Manager salary, including cost of living, economic conditions, market rates and legal differences. Click below to Compensation Manager salary of the other country.
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About Saginaw, Michigan Saginaw (/ˈsæɡɪnɔː/) is a city in the U.S. state of Michigan and the seat of Saginaw County. The city of Saginaw and Saginaw County are both located i....More
Saginaw, Michigan area prices were up 1.3% from a year ago View the Cost of Living in Saginaw, Michigan
Compensation Manager Salary in popular cities: Detroit, Grand Rapids, Warren
Skills associated with Compensation Manager: Incentive Programs, Benchmarking, HR Regulatory Environment & Compliance, Equity Based Compensation ...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
