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Compensation Manager Jobs in Boca Raton, FL (NOW HIRING)

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Compensation Manager information

See Boca Raton, FL salary details

$33.6K

$108.5K

$160.4K

How much do compensation manager jobs pay per year?

As of Jul 15, 2026, the average yearly pay for compensation manager in Boca Raton, FL is $108,547.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,800.00 and $125,400.00 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 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 Boca Raton, FL? The most popular types of Compensation jobs in Boca Raton, FL are:
What are popular job titles related to Compensation Manager jobs in Boca Raton, FL? For Compensation Manager jobs in Boca Raton, FL, the most frequently searched job titles are:
What job categories do people searching Compensation Manager jobs in Boca Raton, FL look for? The top searched job categories for Compensation Manager jobs in Boca Raton, FL are:
What cities near Boca Raton, FL are hiring for Compensation Manager jobs? Cities near Boca Raton, FL with the most Compensation Manager job openings:
Compensation Manager jobs near you
Infographic showing various Compensation Manager job openings in Boca Raton, FL as of July 2026, with employment types broken down into 1% As Needed, 78% Full Time, 18% Part Time, 1% Temporary, and 2% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $108,547 per year, or $52.2 per hour.
Benefits & Compensation Specialist

Benefits & Compensation Specialist

Prosegur

Deerfield Beach, FL • Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 9 days ago

Prosegur rating

5.8

Company rating: 5.8 out of 10

Based on 61 frontline employees who took The Breakroom Quiz

62nd of 108 rated security

Job description

Benefits & Compensation Specialist

The Benefits & Compensation Specialist is responsible for supporting the administration of the Company's employee benefits and compensation programs. This role serves as a key resource for benefits operations, payroll administration, compensation processes, and employee inquiries while ensuring compliance with federal and state regulations and company policies.

The ideal candidate is highly organized, analytical, and detail-oriented with experience supporting both benefits and compensation functions in a fast-paced HR environment.

Key Responsibilities

Benefits Administration:

  • Administer employee health, dental, vision, life insurance, disability, retirement, and voluntary benefit programs.
  • Monitor benefit eligibility and carrier file feeds to ensure data integrity and compliance amongst all benefit carriers.
  • Coordinate employee enrollments, qualifying life events, terminations, COBRA, and annual Open Enrollment.
  • Serve as the primary point of contact for employees regarding 401(k) eligibility, enrollment, loans, distributions, and general plan inquiries.
  • Partner with 401(k) recordkeeper and third-party administrator to resolve participant issues and audits.
  • Manage the benefits inbox and service tickets queue, ensuring timely resolution of employee inquiries.
  • Maintain accurate employee benefit records in multiple systems.
  • Manage documentation and support internal and external audits and DOL Form 5500 filings.
  • Assist with new hire orientations and benefits presentations.

Compensation Administration:

  • Support compensation programs, including salary administration, job evaluations, and market pricing.
  • Assist with annual merit increases, bonus administration, and compensation planning cycles.
  • Prepare compensation reports, salary analyses, and workforce metrics.
  • Conduct market research using salary surveys and benchmarking tools.
  • Maintain compensation records and job documentation.
  • Support pay equity initiatives and internal compensation audits.
  • Assist with maintaining salary structures, job descriptions, and position classifications.

Human Resources Operations:

  • Maintain employee records and HRIS data integrity.
  • Generate HR reports and analytics related to benefits, compensation, and workforce trends.
  • Ensure compliance with ERISA, ACA, COBRA, HIPAA, and FMLA.
  • Collaborate with Payroll, HR Business Partners, and other departments to ensure seamless employee support.

Requirements:

  • 3–5 years of progressive experience in benefits administration and compensation support.
  • Working knowledge of employee benefit plans, leave administration, and compensation practices.
  • Experience administering 401(k) and other qualified retirement plans.
  • Experience with HRIS, benefits administration platforms, and payroll systems.
  • Strong analytical skills with proficiency in Microsoft Office.
  • Experience with salary benchmarking and compensation reporting preferred.
  • Excellent organizational, communication, and customer service skills.
  • Ability to manage multiple priorities while maintaining confidentiality and accuracy.
  • Experience in a multi-state employer environment.

#PRO123


At Prosegur, we make our world safer by taking care of people and businesses while remaining at the forefront of innovation. Every day, we work to secure what our clients value most, from their families to their assets, from their reputation to their networks, and from their money to their cloud. As the 3rd largest security services provider, our 175k+ team members in 36 countries combine and adapt global best practices to match the unique nature of each market we serve and partner with Electronic Security, Global Risk Services, CyberSecurity, and Remote Services (iSOC) divisions to create meaningful ‘Hybrid Security' solutions for Prospects.


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