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Compensation Manager Jobs in New York (NOW HIRING)

Bessemer Trust Company

Compensation Manager

Manhattan, NY · On-site

$150K - $175K/yr

The Compensation Manager plays a key role in designing, implementing, and managing the company's compensation programs to ensure they remain competitive, equitable, and strategically aligned with ...

Royal Bank of Canada

Compensation Manager

Jersey City, NJ · On-site

$120K - $200K/yr

As Senior Manager Compensation, you will be responsible for supporting the design, development and implementation of compensation programs for the Capital Markets business. You will provide business ...

Bessemer Trust Inc.

Compensation Manager

Manhattan, NY · On-site

$150K - $175K/yr

The Compensation Manager plays a key role in designing, implementing, and managing the company's compensation programs to ensure they remain competitive, equitable, and strategically aligned with ...

Betterment

Incentive Compensation Manager

New York, NY · Hybrid

$120K - $140K/yr

Betterment is looking for an Incentive Compensation Manager to run the operational engine behind how we pay our go-to-market teams, reporting into our Revenue Operations team. In this role, you'll be ...

Betterment

Incentive Compensation Manager

New York, NY · On-site

$120K - $140K/yr

Betterment is looking for an Incentive Compensation Manager to run the operational engine behind how we pay our go-to-market teams, reporting into our Revenue Operations team. In this role, you'll be ...

QXO

Senior Compensation Manager

Greenwich, CT · On-site

Compensation Program Management * Administer corporate compensation programs, including base pay, annual bonus, and long-term incentive processes. * Maintain compensation structures, job evaluation ...

monday.com

Senior Compensation Manager

New York, NY · On-site

$139K - $185K/yr

In this role, you will be the primary compensation partner for our Revenue org - ensuring our pay practices are competitive, market-aligned, internally equitable, and consistent with our compensation ...

Western Union

Executive Compensation Manager

New York, NY · On-site

$110K - $150K/yr

Executive & Director Compensation Design * Support the design, implementation, and ongoing management of executive and director compensation programs, including base pay, annual incentive plans, and ...

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Compensation Manager information

See New York salary details

$38.8K

$125.5K

$185.4K

How much do compensation manager jobs pay per year?

As of Aug 6, 2026, the average yearly pay for compensation manager in New York is $125,519.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,000.00 and $145,000.00 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 New York? The most popular types of Compensation jobs in New York are:
What are popular job titles related to Compensation Manager jobs in New York? For Compensation Manager jobs in New York, the most frequently searched job titles are:
What job categories do people searching Compensation Manager jobs in New York look for? The top searched job categories for Compensation Manager jobs in New York are:
What cities in New York are hiring for Compensation Manager jobs? Cities in New York with the most Compensation Manager job openings:
Compensation Manager jobs near you
Infographic showing various Compensation Manager job openings in New York as of August 2026, with employment types broken down into 98% Full Time, and 2% Part Time. Highlights an 93% In-person, 2% Hybrid, and 5% Remote job distribution, with an average salary of $125,519 per year, or $60.3 per hour.

Compensation Manager

Bessemer Trust Company

Manhattan, NY • On-site

$150K - $175K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

Job description

The Compensation Manager plays a key role in designing, implementing, and managing the company's compensation programs to ensure they remain competitive, equitable, and strategically aligned with business objectives. This position is ideal for a forward-thinking professional with a strong background in developing, transitioning, and optimizing innovative incentive structures. The ideal candidate possesses deep expertise in incentive plan design and system implementation, with a focus on driving business performance and employee engagement.
Key Responsibilities:
  • Design and implement new performance-based incentive compensation plans, ensuring alignment with business strategy, market trends, and best practices.
  • Lead the transition from existing incentive plans to new structures that enhances employee motivation and retention.
  • Partner with HRIS, IT, and external vendors to select, implement, and optimize compensation management systems to improve efficiency, automation, and reporting.
  • Ensure compensation structures align with business goals, industry benchmarks, and internal equity.
  • Design and implement salary structures, job evaluations, and pay bands.
  • Lead the annual compensation review cycle, including merit increases, promotions, and bonus payouts.
  • Partner with HR leadership and Finance to budget and forecast compensation expenses.
  • Conduct salary surveys and analyze compensation trends to ensure market competitiveness.
  • Make recommendations on salary adjustments based on market data, industry standards, and internal equity.
  • Work with external vendors and consulting firms to benchmark compensation practices.
  • Support audits and reporting requirements related to compensation.
  • Partner with HR Advisors, Talent Acquisition, and leadership to provide compensation guidance.
  • Develop communication materials to enhance employee understanding of compensation programs.

Qualifications & Skills:
  • Bachelor's degree in HR, Finance, Business, or related field.
  • 5+ years of compensation experience, preferably in a HR and/or financial services setting.
  • Strong analytical skills with experience using compensation survey tools (e.g., McLagan, Mercer, Salary.com or Radford).
  • Proficiency in HRIS and compensation software (e.g., ADP, Workday, SAP, or PeopleSoft).
  • Advanced Excel skills, including pivot tables and data analysis.
  • Excellent communication, stakeholder management, and problem-solving skills.

The base salary range for this position is $150,000- $175,000 per year. This range reflects the minimum and maximum base salary we reasonably expect to pay for this role. In addition, this position may be eligible to participate in the relevant business unit's incentive compensation plan, and other compensation programs as applicable. Eligible employees may participate in a 401(k) program with a generous profit-sharing contribution, medical, prescription dental, and vision coverage; life insurance; disability coverage; paid holidays; vacation; and sick time, subject to plan terms and Company policies.
About Bessemer Trust
  • Bessemer Trust is a family office, overseeing $250 billion in assets for 3,000 individuals and families of substantial wealth. Its more than 1,300 employees are singularly focused on private wealth management - disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.
  • Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.
  • Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer's adherence to putting clients' interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.

Key Facts:
  • For 119 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
  • Headquartered in New York's Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm's largest offices, which hosts a wide range of technology and operations professionals. In addition to its sizable presence in New York and Woodbridge, the firm provides client service through offices in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.
  • To watch a video about Bessemer Trust's history, click here.
  • To learn more about Bessemer Trust, click here.

About Our Employee Rewards and Benefits:
We provide exceptional rewards and benefits that are among the best in the industry, giving our people access to a wide range of options, including:
  • Competitive base salary plus discretionary annual bonus for select positions
  • A 401(k) plan with a generous annual profit-sharing contribution
  • Personalized development and career opportunities, including tuition reimbursement support
  • Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
  • Employee assistance (EAP) and wellness programs
  • Hybrid work environment: 60% in office, 40% remote for most positions
  • Paid time off and paid parental leave
  • Employer-paid life insurance and short- and long-term disability coverage
  • Legal services and financial wellness plans at no cost to employees

Bessemer Trust is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply.

Apply