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Compensation Manager Jobs in Illinois (NOW HIRING)

Senior Compensation Consultant

Chicago, IL ยท On-site

$91 - $225/hr

Advise senior management on complex compensation issues including overall pay strategy (structure and competitiveness), job architecture design, and the digital activation of these designs * Manage ...

Senior Compensation Consultant

Chicago, IL ยท Hybrid

$150K - $225K/yr

This is a great opportunity to partner with senior management and HR leaders to develop and deliver compensation strategies that attract, retain, and motivate talent. What you will do: * Structure ...

New

Sr. Compensation Consultant

Chicago, IL ยท On-site

$133 - $266/hr

  • Medical

  • Retirement

Develop compensation strategies, philosophies, and programs that address clients' attraction and ... Manage day-to-day client interactions, building and maintaining strong relationships * Provide ...

New

Manage various compensation programs and processes, that include, but are not limited to the annual year-end cycle, pay equity reviews, program enrollments. * Leverage data modeling and dashboards to ...

Compensation Partner - Chicago or Decatur, IL

Decatur, IL ยท On-site

$74K - $130K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Manage various compensation programs and processes, that include, but are not limited to the annual year-end cycle, pay equity reviews, program enrollments.Leverage data modeling and dashboards to ...

Compensation Associate

Chicago, IL ยท On-site +1

$65K - $70K/yr

  • Medical

  • Retirement

  • PTO

Job Summary Reporting to the Compensation and Performance Management Manager, the Compensation Associate serves as a consultant to the broader HR Community throughout campus. Administers compensation ...

Compensation Consultant

Lisle, IL ยท On-site

$65 - $70/hr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Compensation Consultant Location: Lisle, Illinois Job Type: W2 Contract Expected hours per week: 40 ... Manage multiple projects and priorities in a fast-paced environment with minimal oversight Benefits:

Compensation Specialist

Glenview, IL ยท On-site

  • Medical

  • Retirement

  • PTO

Support the annual compensation cycle by preparing communications and resources for managers and delivering reporting and insights to leadership. * Stay informed on relevant employment laws to ensure ...

... managing multiple priorities in a fast-paced environment. Notes: Monday-Thursday must be onsite ... compensation and executive compensation. 8am-5pm VIVA is an equal opportunity employer. All ...

Compensation Specialist

Waukegan, IL ยท On-site

  • Medical

  • Retirement

  • PTO

Support the annual compensation cycle by preparing communications and resources for managers and delivering reporting and insights to leadership. * Stay informed on relevant employment laws to ensure ...

Showing results 41-60

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.

What are the most commonly searched types of Compensation jobs in Illinois?

The most popular types of Compensation jobs in Illinois are:

What cities in Illinois are hiring for Compensation Manager jobs?

Cities in Illinois with the most Compensation Manager job openings:

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.

Senior Compensation Consultant

Hunt

Chicago, IL โ€ข On-site

$91 - $225/hr

Other

Posted 9 days ago


Job description

Location: Chicago, IL 60606 -- Hybrid, 3 days onsite per week

Compensation: $91,000 - $225,000

A global leader in human capital consulting is hiring a Senior Compensation Consultant to join its Career Consulting practice. You will serve as a principal strategist, leading the delivery of large-scale projects, configuring complex corporate rewards structures, and solving intricate compensation challenges for major organizations. You will partner directly with senior executive leadership and HR heads to develop and deliver compensation strategies that attract, retain, and motivate top-tier talent.

What You'll Own
  • Structure, direct, review, and interpret quantitative analyses performed by corporate project teams
  • Develop comprehensive compensation strategies, rewards philosophies, and tailored programs that address clients' attraction and retention needs
  • Advise senior management on complex compensation issues including overall pay strategy (structure and competitiveness), job architecture design, and the digital activation of these designs
  • Manage day-to-day client interactions, establishing trust and maintaining strong long-term partnerships across corporate accounts
  • Provide technical guidance, project oversight, and constructive coaching to junior team members to ensure elite quality deliverables and support their professional development
  • Drive business development initiatives by originating new client relationships, expanding existing consulting engagements, and identifying cross-selling opportunities across the firm's broader ecosystem
  • Utilize advanced analytics platforms, market survey databases, and technology-enabled tools to build and deliver data-driven insights
What You'll Bring
  • Minimum of 8 years of progressive experience in compensation consulting or related high-level HR advisory roles, with demonstrated subject matter expertise
  • Proven ability to successfully manage multiple large-scale projects and navigate complex corporate client engagements simultaneously
  • Deep technical knowledge of corporate compensation strategy, incentive plan design, external market analysis methodologies, total rewards technology, and regulatory compliance
  • Strong client relationship management skills with direct experience presenting to and advising senior executives and C-suite leaders
  • Excellent communication, presentation, and collaborative leadership abilities
  • Advanced mastery of the Microsoft Office suite, with power-user capability in Excel and PowerPoint
  • Intellectual curiosity and a proactive approach to problem-solving and mentoring team members
Nice to Have
  • Previous experience leading large-scale engagements for global organizations with highly complex matrixed compensation challenges
  • A documented track record of success expanding existing consulting accounts or driving new business development activities
  • Familiarity with modern compensation management tools, survey management software, and AI-enabled compensation data agents
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