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Compensation Manager Jobs in Hawaii (NOW HIRING)

First Hawaiian, Inc.

Compensation Analyst

Honolulu, HI · On-site

$72K - $85K/yr

Bachelor's degree in human resources management, business, or related field; and/or equivalent work ... The Compensation Analyst supports the annual performance and compensation review processes ...

First Hawaiian, Inc.

Compensation Analyst

Honolulu, HI · On-site

$72K - $85K/yr

Responsibilities In this role, the Compensation Analyst collaborates with business units to manage and maintain the Bank's compensation program and practices. This role will assist with base salary ...

Servco

Director, Global Compensation

Honolulu, HI · On-site

$120K - $165K/yr

Directly manages all executive compensation to include pay positioning, incentive design, and long-term incentive structures. Leads Compensation Committee preparation and support with confidence and ...

Servco

Director, Global Compensation

Honolulu, HI

$123K - $168K/yr

Directly manages all executive compensation to include pay positioning, incentive design, and long-term incentive structures. Leads Compensation Committee preparation and support with confidence and ...

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Compensation Manager information

See Hawaii salary details

$36.9K

$119.2K

$176.1K

How much do compensation manager jobs pay per year?

As of Jul 26, 2026, the average yearly pay for compensation manager in Hawaii is $119,200.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,700.00 and $137,700.00 per year, depending on experience, location, and employer.

What Is a Compensation Manager?

A compensation manager is part of a corporate HR team which researches and develops the pay policies in a company. They use research to help determine fair pay scales for all the company employees. Duties include helping the business with recruiting and integrating new employees. At a small company, they might be responsible for all aspects of the pay system, while at a larger company they may have specific responsibilities, such as doing market research or surveying workers.

What does a compensation manager do?

A compensation manager develops and manages salary structures, incentive programs, and benefits to ensure competitive and equitable pay practices within an organization. They analyze market data, ensure compliance with regulations, and collaborate with HR and finance teams to align compensation strategies with company goals. Strong analytical skills and knowledge of compensation software are essential for this role.

What is the difference between Compensation Manager vs Compensation Analyst?

AspectCompensation ManagerCompensation Analyst
CredentialsBachelor's degree, often HR or Business; certifications like CCP or CBPBachelor's degree in HR, Business, or related; certifications like CCP beneficial
Work EnvironmentOversees compensation strategies, manages teams, collaborates with HR leadershipAnalyzes salary data, prepares reports, supports compensation programs
Employer & Industry UsageUsed in large organizations across various industriesCommon in HR departments, especially in finance, healthcare, and tech sectors

The Compensation Manager focuses on developing and managing overall compensation strategies, policies, and team leadership. In contrast, the Compensation Analyst primarily conducts data analysis, prepares reports, and supports compensation program implementation. Both roles require similar credentials but differ in scope and responsibilities within the compensation function.

What jobs pay $500,000 a year in the US?

In the US, Compensation Managers typically do not earn $500,000 annually; such high salaries are more common in executive roles like CEOs, investment bankers, or specialized surgeons. High-paying positions often require extensive experience, advanced degrees, and leadership responsibilities. Compensation Managers earning this level are rare and usually hold senior executive or consulting roles with bonuses and stock options included.

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

To thrive as a Compensation Manager, you need expertise in compensation analysis, benefits administration, and compliance, often supported by a degree in human resources or business and relevant certifications such as CCP (Certified Compensation Professional). Familiarity with HRIS systems, data analytics tools, and compensation benchmarking software is typically required. Strong analytical thinking, attention to detail, and effective communication skills help you design competitive pay structures and collaborate with stakeholders. These skills ensure fair, data-driven compensation practices that support employee satisfaction and organizational goals.

What degree do you need to be a compensation manager?

A compensation manager typically needs a bachelor's degree in human resources, business administration, finance, or a related field. Many employers prefer candidates with a master's degree or professional certifications such as the Certified Compensation Professional (CCP). Relevant experience and knowledge of compensation strategies and HR software are also important.

What are some common challenges Compensation Managers face when designing competitive pay structures?

Compensation Managers often navigate the challenge of balancing internal equity, market competitiveness, and budget constraints when designing pay structures. They must ensure that compensation packages attract and retain top talent while staying compliant with regulations and maintaining fairness across the organization. Additionally, Compensation Managers regularly analyze market data, manage employee expectations, and collaborate with HR and leadership to support organizational goals. These complexities require strong analytical skills, communication, and the ability to adapt to changing market trends.
More about Compensation Manager jobs
What are the most commonly searched types of Compensation jobs in Hawaii? The most popular types of Compensation jobs in Hawaii are:
What job categories do people searching Compensation Manager jobs in Hawaii look for? The top searched job categories for Compensation Manager jobs in Hawaii are:
What cities in Hawaii are hiring for Compensation Manager jobs? Cities in Hawaii with the most Compensation Manager job openings:
Compensation Manager jobs near you
Infographic showing various Compensation Manager job openings in Hawaii as of July 2026, with employment types broken down into 1% As Needed, 73% Full Time, 22% Part Time, and 4% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $119,200 per year, or $57.3 per hour.
Compensation Analyst

Compensation Analyst

First Hawaiian, Inc.

Honolulu, HI • On-site

$72K - $85K/yr

Full-time

Posted 29 days ago

First Hawaiian Bank rating

8.2

Company rating: 8.2 out of 10

Based on 15 frontline employees who took The Breakroom Quiz

53rd of 170 rated banks

Job description

First Hawaiian Bank is currently seeking a Compensation Analyst to join the team in our Human Resources department. 

Work Schedule:

Monday - Friday 8:00 AM - 5:00 PM (hours may vary)

Compensation:

The salary range for the role is $72,000 - $85,000/yr; commensurate with experience.

The ideal candidate will have:

  • Bachelor's degree in human resources management, business, or related field; and/or equivalent work experience required 
  • 4 years of experience in human resources or related field required; focus in compensation or payroll strongly preferred
  • Proficiency in data analysis tools and software (e.g. Tableau, Excel) required
  • Intermediate-level proficiency in Microsoft Office applications (Word, Powerpoint, Outlook) required
  • Financial services industry experience highly desirable
  • Knowledge of general ledger classifications and accounting principles preferred
  • Strong technical knowledge of Excel required, including development of spreadsheets with formulas, functions, pivot tables and lookups
  • Extensive experience with Cornerstone or other HRIS strongly preferred
  • Effective oral and written communication in individual and group settings
  • Effective consulting skills to engage with business stakeholders, understand their needs, and provide actionable compensation solutions
  • Strong analytical and quantitative skills with a keen attention to detail
  • Must be highly organized
  • Self-motivated to work collaboratively as a team
  • Must be able to manage multiple priorities in a fast-paced environment for various customers
  • Demonstrated ability to handle confidential, highly sensitive information with discretion 

In this role, the Compensation Analyst collaborates with business units to manage and maintain the Bank's compensation program and practices. This role will assist with base salary administration, support incentive plan administration and participate in external market surveys to maintain competitive pay practices. The Compensation Analyst supports the annual performance and compensation review processes, conducts comprehensive internal and external market analyses, and evaluates jobs to assign appropriate salary grades and classification. 

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