How much does a Compensation Manager make in Michigan? The average Compensation Manager salary in Michigan is $138,060 as of March 26, 2024, but the range typically falls between $123,611 and $155,696. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Compensation Manager Salary | $110,456 | MI | March 26, 2024 |
25th Percentile Compensation Manager Salary | $123,611 | MI | March 26, 2024 |
50th Percentile Compensation Manager Salary | $138,060 | MI | March 26, 2024 |
75th Percentile Compensation Manager Salary | $155,696 | MI | March 26, 2024 |
90th Percentile Compensation Manager Salary | $171,753 | MI | March 26, 2024 |
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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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Location | Avg. Salary | Date Updated |
---|---|---|
Location Taylor, MI | Avg. Salary $140,718 | Date Updated March 26, 2024 |
Location Acme, MI | Avg. Salary $131,626 | Date Updated March 26, 2024 |
Location Ada, MI | Avg. Salary $135,682 | Date Updated March 26, 2024 |
Location Addison, MI | Avg. Salary $140,578 | Date Updated March 26, 2024 |
Location Adrian, MI | Avg. Salary $138,480 | Date Updated March 26, 2024 |
Location Afton, MI | Avg. Salary $129,947 | Date Updated March 26, 2024 |
Location Ahmeek, MI | Avg. Salary $133,024 | Date Updated March 26, 2024 |
Location Akron, MI | Avg. Salary $130,087 | Date Updated March 26, 2024 |
Location Alanson, MI | Avg. Salary $129,947 | Date Updated March 26, 2024 |
Location Alba, MI | Avg. Salary $129,947 | Date Updated March 26, 2024 |
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.
Salary.com's CompAnalyst platform offers:
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 |
Jobs with different levels of education may pay very differently. Check the Compensation Manager salary of your education level.
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.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Compensation Manager salary varies from category to category. Click below to see Compensation Manager salary in different categories.
About Michigan Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th par....More
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