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Compensation Manager Jobs in Chicago, IL (NOW HIRING)

Stefanini is looking for a Compensation Manager in Chicago, IL (Hybrid) For quick apply, please reach out to Johvie Cuan Call: +1 (248) 582-6508 / Email: Johvie.Cuan@stefanini.com Open for W2 ...

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 ...

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 ...

We are seeking an experienced Compensation Manager to support a complex, evolving workforce across manufacturing, sales and corporate environments. The role is highly analytical and technical, with ...

Stefanini is looking for a Compensation Manager in Chicago, IL (Hybrid) For quick apply, please reach out to Johvie Cuan Call: +1 (248) 582-6508 / Email: Johvie.Cuan@stefanini.com Open for W2 ...

Stefanini is looking for a Compensation Manager in Chicago, IL (Hybrid) For quick apply, please reach out to Johvie Cuan Call: +1 (248) 582-6508 / Email: Johvie.Cuan@stefanini.com Open for W2 ...

Stefanini is looking for a Compensation Manager in Chicago, IL (Hybrid) For quick apply, please reach out to Johvie Cuan Call: +1 (248) 582-6508 / Email: Johvie.Cuan@stefanini.com Open for W2 ...

Stefanini is looking for a Compensation Manager in Chicago, IL (Hybrid) For quick apply, please reach out to Johvie Cuan Call: +1 (248) 582-6508 / Email: Johvie.Cuan@stefanini.com Open for W2 ...

Sr. Compensation Manager

Chicago, IL · On-site

$45 - $50/hr

Sr. Compensation Manager - Chicago Hybrid Job Title: Sr. Compensation Manager - KHC2JP00025876 Scheduled Days of the Week & Hours: Monday-Friday 8AM-5PM Looking to Convert to FTE (full time ...

Sr. Compensation Manager

Chicago, IL · On-site

$45 - $50/hr

Sr. Compensation Manager - Chicago Hybrid Job Title: Sr. Compensation Manager - KHC2JP00025876 Q&A with HM: 1. What are the top 2 3 compensation priorities or business challenges this individual will ...

Senior Compensation Manager

Chicago, IL · 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 · 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 ...

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 ...

Program Manager, Compensation

Warrenville, IL · On-site

$46.79 - $72.52/hr

Program Manager, Compensation The Program Manager, Compensation is responsible for the oversight, administration, and continuous improvement of the organization's compensation structures and programs.

Program Manager, Compensation

Evanston, IL · On-site

$46.79 - $72.52/hr

Program Manager, Compensation The Program Manager, Compensation is responsible for the oversight, administration, and continuous improvement of the organization's compensation structures and programs.

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Compensation Manager information

See Chicago, IL salary details

$36.6K

$118.2K

$174.6K

How much do compensation manager jobs pay per year?

As of Aug 9, 2026, the average yearly pay for compensation manager in Chicago, IL is $118,189.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,900.00 and $136,500.00 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 Chicago, IL? The most popular types of Compensation jobs in Chicago, IL are:
What are popular job titles related to Compensation Manager jobs in Chicago, IL? For Compensation Manager jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Compensation Manager jobs in Chicago, IL look for? The top searched job categories for Compensation Manager jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Compensation Manager jobs? Cities near Chicago, IL with the most Compensation Manager job openings:
Infographic showing various Compensation Manager job openings in Chicago, IL as of August 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 82% In-person, and 18% Remote job distribution, with an average salary of $118,189 per year, or $56.8 per hour.

Contractor

Posted 24 days ago


Job description

Stefanini Group is hiring!

Stefanini is looking for a Compensation Manager in Chicago, IL (Hybrid)

For quick apply, please reach out to Johvie Cuan

Call: +1 (248) 582-6508 / Email: Johvie.Cuan@stefanini.com 

Open for W2 candidates only!

 

Work Location : 200 E Randolph St Chicago, IL 60601  (hybrid - 2 days from home Monday and Friday) 

Overview

  • Scheduled Days of the Week & Hours :Monday-Friday 8AM-5PM.
  • Interview Process: (individual or panel, one or multiple)? One Interview.
  • Interview Type: (video, call, in-person) : Video Conference.

Q&A with HM:

1. What are the top 2-3 compensation priorities or business challenges this individual will be expected to address within their first 6-12 months?

  • Annual salary structure redesign US and Canada.
  • Hourly incentive plan effectiveness, and payout efficiency.
  • Support for HR leadership, Influence Operations/Commercial Leadership.
  • Market Analytics/Insights.
  • Annual Salary Planning Administration.
  • Cross-functional stakeholder management.

2. How critical is prior manufacturing and operations compensation experience, and what aspects of that experience are most important?

  • This role will be hybrid - a large portion will be focused on manufacturing for both union and non-union hourly populations, plus salaried (Sr Director and below).
  • Multi-site manufacturing organizations with varying compensation strategies and complexities.

3. What differentiates a strong candidate from an exceptional candidate for this role?

  • Expertise with both hourly and salaried populations.
  • Korn Ferry Hay job evaluation experience.
  • Demonstrated change leadership within COE/shared services models.
  • Deep compensation expertise.
  • Ability to lead large, cross‑functional initiatives.
  • Comfort operating globally with local differentiation and navigating complexity
  • Strong technical acumen (advanced Excel, analytics).
  • Influence with senior leaders.
  • Leading compensation strategy in complex manufacturing.

Job Description:

  • The Sr. Manager, Compensation will play a critical role in driving compensation strategy and decision-making across North America Operations and Procurement. 
  • Reporting to the Director of North America & WHQ Compensation, this position will provide expert guidance and consultation to HR Business Partners and Business Leaders on a range of compensation-related matters, including job evaluations, market benchmarking, job offers, salary structure development, and incentive plan design and administration. 
  • To succeed in this role, candidates must possess a unique blend of analytical, technical, and interpersonal skills, with the ability to navigate complex and ambiguous situations.

Key Components of the role

  • Develop and administer compensation programs for both the salaried and hourly populations
  • Execute the annual salary planning  and incentive cycles
  • Perform and oversee job evaluations of both broad-based and executive positions
  • Identify, design, and implement policies and procedures to ensure internal equity, external competitiveness, and fiscal responsibility that align with our pay-for-performance philosophy and culture of meritocracy
  • Oversee the salary survey participation and salary structure development for multiple countries
  • Develop, design, and execute compensation related training
  • Propose process improvements and recommend policy changes to assure compliance and competitiveness of Client compensation

Qualifications:

  • Bachelor's degree required, MBA or equivalent degree preferred.
  • 5+ years' compensation experience with in-depth knowledge of Operations and Plant Manufacturing.
  • People Management experience is strongly preferred.
  • In depth technical knowledge of compensation theories and principles, compensation program design, and applicable laws.
  • Excellent interpersonal and communication skills.
  • Ability to manage cross-functional projects and influence team members without direct managerial authority.
  • Solutions-oriented mindset with a desire to innovate.
  • Knowledge of Microsoft Office Suite and other business-related software.
  • Certified Compensation Professional (CCP) or other HR certification preferred.
  • Korn Ferry Hay Job Slotting experience strongly preferred.

 

Listed salary ranges may vary based on experience, qualifications, and local market. Also, some positions may include bonuses or other incentives.
 

Stefanini takes pride in hiring top talent and developing relationships with our future employees. Our talent acquisition teams will never make an offer of employment without having a phone conversation with you. Those face-to-face conversations will involve a description of the job for which you have applied. We also speak with you about the process including interviews and job offers.

 

About Stefanini Group

The Stefanini Group is a global provider of offshore, onshore and near shore outsourcing, IT digital consulting, systems integration, application, and strategic staffing services to Fortune 1000 enterprises around the world. Our presence is in countries like the Americas, Europe, Africa, and Asia, and more than 400 clients across a broad spectrum of markets, including financial services, manufacturing, telecommunications, chemical services, technology, public sector, and utilities. Stefanini is a CMM level 5, IT consulting company with a global presence. We are CMM Level 5 company.


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Education:Bachelor (BA, BS...)Employment Type: CONTRACTOR