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Compensation Specialist IV Salary in Minnesota

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Compensation Specialist IV Salary in Minnesota

How much does a Compensation Specialist IV make in Minnesota? The average Compensation Specialist IV salary in Minnesota is $128,600 as of March 26, 2024, but the range typically falls between $117,400 and $141,200. 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.

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Compensation Specialist IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Compensation Specialist IV Salary $107,203 MN March 26, 2024
25th Percentile Compensation Specialist IV Salary $117,400 MN March 26, 2024
50th Percentile Compensation Specialist IV Salary $128,600 MN March 26, 2024
75th Percentile Compensation Specialist IV Salary $141,200 MN March 26, 2024
90th Percentile Compensation Specialist IV Salary $152,672 MN March 26, 2024
25% $117,400 10% $107,203 90% $152,672 75% $141,200 $128,600 50%(Median) Didn’t find job title? Click
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Job Description

The Compensation Specialist IV evaluates jobs, determines pay grades, participates in compensation surveys, and performs associated analysis. Analyzes, designs, and administers employer compensation programs, including base pay, incentive pay, and performance management programs. Being a Compensation Specialist IV may supervise and guide lower-level compensation analysts. Ensures that requests for pay adjustments comply with current compensation policy. In addition, Compensation Specialist IV requires a bachelor's degree. Typically reports to manager or head of a unit/department. Compensation Specialist IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. Working as a Compensation Specialist IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Compensation Specialist IV in Minnesota

Career Path for this job

  1. Down a level:

    Compensation Specialist III

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Compensation Specialist IV

    7 + years experience
    Bachelor's Degree

  3. Up a level:

    Compensation Team Leader

    3 - 5 years experience
    Bachelor's Degree

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Select a city to view specific salary and bonus information for Compensation Specialist IV

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Location Avg. Salary Date Updated
Location Lakeville, MN Avg. Salary $132,472 Date Updated March 26, 2024
Location Minnetonka, MN Avg. Salary $133,352 Date Updated March 26, 2024
Location Ada, MN Avg. Salary $118,773 Date Updated March 26, 2024
Location Adams, MN Avg. Salary $124,805 Date Updated March 26, 2024
Location Adolph, MN Avg. Salary $121,412 Date Updated March 26, 2024
Location Adrian, MN Avg. Salary $112,237 Date Updated March 26, 2024
Location Afton, MN Avg. Salary $132,347 Date Updated March 26, 2024
Location Ah Gwah Ching, MN Avg. Salary $120,658 Date Updated March 26, 2024
Location Aitkin, MN Avg. Salary $121,538 Date Updated March 26, 2024
Location Akeley, MN Avg. Salary $120,784 Date Updated March 26, 2024

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North Dakota

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South Dakota

Compensation Specialist IV Salaries in Sioux Falls, South Dakota

Wisconsin

Compensation Specialist IV Salaries in La Crosse, Wisconsin

About Minnesota    Minnesota (/ˌmɪnɪˈsoʊtə/ (listen)) is a state in the Upper Midwest and northern regions of the United States. Minnesota was admitted as the 32nd U.S. ....More

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