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Compensation Manager Jobs in Buffalo Grove, IL (NOW HIRING)

Resource 1 is seeking an experienced Compensation Manager to provide day-to-day leadership of compensation programs for a large university. This role will manage operational compensation activities ...

Compensation Manager

Chicago, IL ยท On-site

$110 - $140/hr

Job DetailsHuman Resources Compensation Manager Chicago,IL Posted:8/26/2026 Job ID#: 64758 Job Category: Human Resources Position Type: Contract Duration: Long Term Shift: 1 Remaining Positions: 1 ...

The Compensation Manager partners closely with HR Business Partners, Finance, and senior leadership to provide data-driven insights and recommendations that support total rewards strategy and ...

Compensation Manager

Chicago, IL ยท On-site

$110K - $150K/yr

We are seeking a highly analytical and dynamic Compensation Manager to serve as a key driver across both broad-based corporate compensation and sales incentive design. In this role, you will operate ...

Manage compensation related projects, as assigned. Qualifications/Requirements * Bachelor's degree is required, focus on Human Resources preferred * 5+ years of compensation experience * 3+ years of ...

We are seeking a highly analytical and dynamic Compensation Manager to serve as a key driver across both broad-based corporate compensation and sales incentive design. In this role, you will operate ...

Job Title: Sr. Compensation Manager Location: Chicago, IL (hybrid - 2 days from home Monday and Friday) Duration: 12 Months on W2 contract The Sr. Manager, Compensation will play a critical role in ...

Stefanini is looking for a Compensation Manager in Chicago, IL (Hybrid) For quick apply, please reach out to Johvie Cuan Call: +1 / Email: Open for W2 candidates only! Work Location: 200 E Randolph ...

Sr Compensation Manager

Chicago, IL ยท On-site

$50 - $54/hr

Job Title: Sr. Compensation Manager Location: Chicago, IL 60601 Job Summary: * We are seeking a Sr. Compensation Manager to lead compensation strategy and programs across North America Operations and ...

Senior Compensation Manager

Chicago, IL ยท On-site

$150K - $250K/yr

About This Role We're looking for a Senior Compensation Manager to lead compensation strategy and operations for the firm. This role owns the day-to-day design, analysis, and administration of our ...

Senior Compensation Manager

Chicago, IL ยท On-site

$150K - $250K/yr

About This Role We're looking for a Senior Compensation Manager to lead compensation strategy and operations for the firm. This role owns the day-to-day design, analysis, and administration of our ...

Manager, Compensation

Chicago, IL ยท On-site

$125K - $140K/yr

Who you are Metropolis is seeking a Compensation Manager to serve as a strategic compensation partner supporting both our Operations and Growth organizations. This hybrid role bridges two critical ...

Who you are Metropolis is seeking a Compensation Manager to serve as a strategic compensation partner supporting both our Operations and Growth organizations. This hybrid role bridges two critical ...

Manager, Compensation

Chicago, IL ยท On-site

$125K - $140K/yr

Who you are Metropolis is seeking a Compensation Manager to serve as a strategic compensation partner supporting both our Operations and Growth organizations. This hybrid role bridges two critical ...

Senior Compensation Manager Location: Chicago, IL - Hybrid (Monday & Friday remote) Schedule: Monday-Friday, 8:00 AM-5:00 PM Contract: 1 year W2 Compensation: Up to $50/hr Company A leading global ...

Summary This role manages the day-to-day compensation operations for assigned client groups, acting as an internal consultation advising the HR business partners and leadership on compensation ...

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Showing results 1-20

Compensation Manager information

See Buffalo Grove, IL salary details

$36.4K

$117.7K

$173.8K

How much do compensation manager jobs pay per year?

As of Sep 2, 2026, the average yearly pay for compensation manager in Buffalo Grove, IL is $117,661.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,500.00 and $135,900.00 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 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 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 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 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 job categories do people searching Compensation Manager jobs in Buffalo Grove, IL look for?

The top searched job categories for Compensation Manager jobs in Buffalo Grove, IL are:

What cities near Buffalo Grove, IL are hiring for Compensation Manager jobs?

Cities near Buffalo Grove, IL with the most Compensation Manager job openings:

Infographic showing various Compensation Manager job openings in Buffalo Grove, IL as of August 2026, with employment types broken down into 84% Full Time, 14% Part Time, 1% Contract, and 1% Nights. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $117,661 per year, or $56.6 per hour.

Other

Posted 5 days ago


Job description

Job Title: Sr. Compensation Manager

Location: Chicago, IL โ€“ Hybrid (2 days from home Monday and Friday)

Job Type: Contract | 12 Months

Schedule: Mondayโ€“Friday | 8:00 AMโ€“5:00 PM


About the Role

We are seeking a Sr. Compensation Manager to lead and support compensation strategy and programs across North American operations. This role will partner closely with HR, business leaders, and cross-functional stakeholders to develop competitive, equitable, and effective compensation programs for both hourly and salaried employees.


Key Responsibilities

  • Develop and administer compensation programs for hourly and salaried populations.
  • Lead annual salary planning and incentive compensation cycles.
  • Conduct and oversee job evaluations, market benchmarking, and salary structure development.
  • Support compensation strategy for manufacturing and operations environments, including union and non-union populations.
  • Analyze compensation data and provide market insights and recommendations to leadership.
  • Lead cross-functional compensation initiatives and process improvements.
  • Partner with HR Business Partners and senior leaders on compensation decisions.
  • Develop compensation-related training, policies, and procedures.
  • Support salary survey participation and compensation programs across multiple countries.


Required Qualifications

  • Bachelorโ€™s degree required; MBA or equivalent preferred.
  • 5+ years of compensation experience, preferably within manufacturing/operations.
  • Strong knowledge of compensation strategy, program design, and market analysis.
  • Experience supporting both hourly and salaried employee populations.
  • Strong analytical skills with advanced Excel experience.
  • Excellent communication and stakeholder management skills.
  • Ability to lead cross-functional projects and influence senior leaders.
  • Experience with Korn Ferry Hay job evaluation/slotting is strongly preferred.
  • CCP or other HR/compensation certification is a plus.
  • People management experience is preferred.


Ideal Candidate

The ideal candidate will have deep compensation expertise, experience working in complex manufacturing environments, strong analytical skills, and the ability to influence senior stakeholders while managing multiple priorities.


Interested? Apply now or message me directly to learn more.