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Compensation Manager Jobs in Illinois (NOW HIRING)

W. W. Grainger

Manager, Equity Compensation - GUS

Lake Forest, IL · On-site

$103.60 - $172.60/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Position Details The Manager, Equity Compensation oversees the administration, execution, and governance of Grainger's global equity compensation programs, ensuring accurate, timely, and compliant ...

Marmon Holdings, Inc.

Compensation & HRIS Manager

Chicago, IL · On-site

$145K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Compensation & HRIS Manager Chicago, Illinois Full-Time UTLX / Union Tank Car Company As a part of the global industrial organization Marmon Holdings-which is backed by Berkshire Hathaway-you'll be ...

Marmon

Compensation & HRIS Manager

Chicago, IL · On-site +1

$145K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Compensation & HRIS Manager Chicago, Illinois Full-Time UTLX / Union Tank Car Company As a part of the global industrial organization Marmon Holdings-which is backed by Berkshire Hathaway-you'll be ...

Clearwater Analytics

Senior Global Compensation Lead

Chicago, IL · On-site

$130K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Manage job architecture, leveling, and job evaluation processes to ensure consistency and fairness globally. * Monitor regulatory and compliance requirements related to compensation. Market Data ...

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Showing results 21-40

All JobsCompensation JobsCompensation Manager JobsCompensation Manager Jobs in Illinois

Compensation Manager information

See Illinois salary details

$34.4K

$111.2K

$164.3K

How much do compensation manager jobs pay per year?

As of Aug 15, 2026, the average yearly pay for compensation manager in Illinois is $111,176.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,000.00 and $128,400.00 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 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 are the key skills and qualifications needed to thrive as a compensation manager?

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 skills include data analysis, knowledge of compensation laws, and experience with HR software.

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 Illinois?

The most popular types of Compensation jobs in Illinois are:

What are popular job titles related to Compensation Manager jobs in Illinois?

For Compensation Manager jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Compensation Manager jobs in Illinois look for?

The top searched job categories for Compensation Manager jobs in Illinois are:

What cities in Illinois are hiring for Compensation Manager jobs?

Cities in Illinois with the most Compensation Manager job openings:

Compensation Manager jobs near you
Infographic showing various Compensation Manager job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 13% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $111,176 per year, or $53.5 per hour.

Equity and Executive Compensation Manager

Conagra Brands

Chicago, IL • Hybrid

$109K - $159K/yr

Full-time

Retirement, PTO

Posted 24 days ago

Conagra Brands rating

7.2

Company rating: 7.2 out of 10

Based on 134 frontline employees who took The Breakroom Quiz

197th of 438 rated food and drinks producers

Job description

Reporting to Sr Director of Compensation, you will provide analytical, consulting, and administrative support for executive compensation programs aligned with the Company's Total Rewards strategy. You will support long-term incentive plans, executive and Board of Directors compensation programs, equity administration, and Human Resources Committee materials.

A Taste of Your Responsibilities

  • Advise Human Resources partners, leaders, and key stakeholders on executive compensation programs, pay decisions, and compensation policies.

  • Support the design, implementation, and administration of executive compensation programs, including long-term incentives, Board of Directors compensation, and deferred compensation plans.

  • Prepare and analyze Human Resources Committee materials, compensation recommendations, and proxy disclosures.

  • Administer executive compensation and equity programs, including grants, vesting, reporting, and participant support.

  • Partner with Human Resources, Payroll, Accounting, Legal, Finance, and external vendors to ensure compliant and effective program execution.

  • Analyze compensation programs and recommend enhancements based on market practices, governance requirements, and business objectives.

  • Develop executive compensation analytics, benchmarking, pay-for-performance analyses, and cost models.

  • Lead or support compensation-related projects, process improvements, and annual compensation cycles.

Ingredients Required for Your Success

  • Bachelor's degree in Human Resources, Business, Finance, or related field.

  • Minimum 5 years of experience in executive compensation, equity compensation, or a related field.

  • Comprehensive knowledge of executive compensation practices, equity plans, and regulatory requirements.

  • Demonstrated analytical expertise with experience interpreting complex data and providing insights.

  • Experience supporting Board or committee materials and proxy disclosures preferred.

  • Advanced proficiency in Microsoft Excel and PowerPoint.

  • Experience with Human Resources Information Systems and equity administration platforms such as Workday.

  • Excellent communication, collaboration, and relationship-building skills.

  • Exceptional organizational skills with experience managing multiple priorities in a fast-paced environment.

  • Demonstrated discretion in handling sensitive and confidential information.

Physical Requirements

Not applicable. This role does not require regular visits to manufacturing facilities.

Number of Days in Office: 3

#LI-Hybrid
#LI-MH1
#LI-MSL

Compensation

Pay Range:$109,000-$159,000

The annual salary listed above is the expected offering for this position. An employee's actual annual salary will be based on but not limited to: location, relevant experience/level and skillset, while balancing internal Conagra employees' equity.Conagra Brands will comply with applicable law regarding minimum salaries for exempt employees.

Our Benefits

We care about your total well-being and will support you with the following, subject to your location and role:

  • Health: Comprehensive healthcare plans, wellness incentive program, mental wellbeing support and fitness reimbursement

  • Wealth: Great pay, bonus incentive opportunity, matching 401(k) and stock purchase plan

  • Growth: Career development opportunities, employee resource groups, on-demand learning and tuition reimbursement

  • Balance: Paid-time off, parental leave, flexible work-schedules (subject to your location and role) and volunteer opportunities

Our Company

At Conagra Brands, we have a rich heritage of making great food. We aspire to have the most impactful, energized and inclusive culture in food. As a member of our 18,000+ person team across 40+ locations, you are empowered to reach your potential, make an impact and own your career. We're in the business of building champions - within our people and our iconic brands like Birds Eye, Slim Jim and Reddi-Wip.

Our focus on innovation extends beyond making great food, it also reflects our commitment to embracing new solutions that positively impact our team, the communities we serve and the health of our planet. Foodies Welcome.

Conagra Brands is an equal opportunity employer and considers qualified applicants for employment without regard to sex, race, color, religion, ethnic or national origin, gender, sexual orientation, gender identity or expression, age, pregnancy, leave status, disability, veteran status, genetic information and/or any other characteristic or status protected by national, federal, state or local law. Reasonable accommodation may be made upon request.

What Conagra Brands employees say

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Benefits

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About Conagra Brands

Sourced by ZipRecruiter

Conagra Brands (NYSE: CAG) is an approximately $11 billion company that combines a rich heritage of making great food with a sharpened focus and entrepreneurial spirit. We're transforming the way we operate to fulfill what consumers and customers want, in a smart, simple way. We're modernizing our iconic food brands, leveraging fresh opportunities and adapting to a changing landscape - all with a culture that's ready to capture growth and drive shareholder value.

Industry

Food services and drinking places

Company size

10,000+ Employees

Headquarters location

Chicago, IL, US

Year founded

1919

Social media

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