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Compensation Associate Jobs in Delaware (NOW HIRING)

JP Morgan Chase

Compensation Associate

Wilmington, DE · On-site

As a Compensation Associate within the Commercial & Investment Banking Compensation team, you will play a key part in helping our businesses attract and retain the talent needed to succeed in a ...

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Compensation Associate information

See Delaware salary details

$46.5K

$59.6K

$70.6K

How much do compensation associate jobs pay per year?

As of May 31, 2026, the average yearly pay for compensation associate in Delaware is $59,622.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,500.00 and $64,600.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Compensation Associate, and why are they important?

To thrive as a Compensation Associate, you need a solid understanding of compensation principles, data analysis, and human resources practices, usually backed by a relevant bachelor's degree. Familiarity with HR information systems (HRIS), advanced Excel skills, and compensation management tools like PayScale or Workday is often required. Strong attention to detail, discretion, and effective communication help you excel in handling sensitive data and collaborating across teams. These skills are crucial to ensure accurate compensation analysis, compliance, and fair pay practices within an organization.

What are some common challenges Compensation Associates face when analyzing salary data across different departments?

Compensation Associates often encounter challenges such as inconsistent job titles, varying responsibilities across departments, and discrepancies in market data when analyzing salary information. Navigating these differences requires strong analytical skills and close collaboration with HR partners and department managers to ensure internal equity and external competitiveness. Staying updated with industry benchmarks and using standardized job evaluation methods can help address these issues and support fair compensation decisions.

What does a Compensation Associate do?

A Compensation Associate is responsible for supporting the development, implementation, and administration of an organization's compensation programs. They analyze salary data, benchmark roles against industry standards, assist with salary reviews, and ensure compliance with relevant laws and regulations. Their work helps ensure that employees are paid fairly and competitively, which can improve employee satisfaction and retention. Compensation Associates often collaborate with HR, finance, and management teams to align pay structures with company goals.

What is the difference between Compensation Associate vs Payroll Specialist?

AspectCompensation AssociatePayroll Specialist
Required CredentialsTypically a bachelor's degree in HR, Business, or related field; certifications like CCP are a plusOften a degree in Accounting, Finance, or Business; certifications like CPP or payroll-specific certifications
Work EnvironmentHR or Compensation departments within organizations, focusing on pay structures and benefitsFinance or HR departments, handling payroll processing and compliance
Employer & Industry UsageUsed across various industries in HR teams to manage compensation dataCommon in organizations with in-house payroll processing or payroll service providers

The Compensation Associate primarily focuses on designing and managing employee pay structures, benefits, and compensation data. In contrast, the Payroll Specialist handles the processing of employee wages, tax deductions, and compliance with payroll regulations. While both roles require knowledge of compensation and HR policies, the Compensation Associate emphasizes strategy and data management, whereas the Payroll Specialist concentrates on accurate payroll execution and reporting.

What are the most commonly searched types of Compensation jobs in Delaware? The most popular types of Compensation jobs in Delaware are:
What are popular job titles related to Compensation Associate jobs in Delaware? For Compensation Associate jobs in Delaware, the most frequently searched job titles are:
What job categories do people searching Compensation Associate jobs in Delaware look for? The top searched job categories for Compensation Associate jobs in Delaware are:
What cities in Delaware are hiring for Compensation Associate jobs? Cities in Delaware with the most Compensation Associate job openings:
Compensation Associate jobs near you
Compensation Associate

Compensation Associate

JPMorgan Chase & Co

Wilmington, DE

Full-time

Medical, Retirement

Posted 2 days ago

JPMorgan Chase & Co. rating

8.1

Company rating: 8.1 out of 10

Based on 467 frontline employees who took The Breakroom Quiz

46th of 141 rated banks

Job description

The Commercial & Investment Banking Compensation team is looking for an experienced Compensation Associate to support the development and execution of compensation strategies for our Global Markets, Sales, Research, and Securities Services businesses. This role requires a blend of analytical skills, attention to detail, problem-solving and effective communication. 

As a Compensation Associate within the Commercial & Investment Banking Compensation team, you will play a key part in helping our businesses attract and retain the talent needed to succeed in a changing environment.

Job responsibilities:

  • Providing compensation consulting and thought leadership to business leaders and business unit functions in close partnership with HR Business Advisors
  • Performing complex analyses and presenting findings to senior management
  • Consulting with HR Business Advisors, Recruiting and Senior Managers to create competitive offer packages for key strategic hires
  • Reviewing and approving of offer packages to ensure competitiveness and compliance with corporate governance guidelines
  • Leading compensation related projects and initiatives involving multiple stakeholders with significant strategic and financial impact
  • Continually assessing market conditions and pay practices to ensure competitiveness of compensation plans and programs
  • Translating regulatory and policy governance/requirements into clear guidance for clients
  • Leveraging corporate partners and firm-wide resources to achieve desired outcomes efficiently and with consistency across lines of business, where appropriate

Required qualifications, capabilities, and skills:

  • 3 years relative HR and/or compensation experience
  • Bachelor's degree required 
  • Well-developed analytical skills
  • Ability to work collaboratively and to cultivate and sustain strong partnerships with internal and external clients and colleagues
  • Strong problem-solving skills and the ability to adapt quickly to changing business priorities
  • Ability to drive business goals through HR / Compensation strategies and to address issues / devise solutions with creativity and innovation
  • Exceptional systems skills.  Advanced MS Excel skills required
  • Ability to drive and sustain operational excellence and to develop controls

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

Human Resources plays a critical role in driving the employee experience, shaping the firm's culture and building a diverse and inclusive workforce. We are a strategic partner to the business - working with leaders across the firm to hire, develop and retain the best people and help meet business goals. Together, we foster a work environment in which our people are supported, feel like they belong and are able to make an impact through their work. We develop and deliver a suite of products and services that help make JPMorgan Chase an employer of choice and drive our business forward.

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