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Compensation Manager Jobs in Elgin, IL (NOW HIRING)

Manages compensation projects in cooperation with CWS, Legal, IT, and Finance. * Analyzes compensation data including the building of financial models; identifies trends, draws conclusions and ...

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

Manager, Sales Compensation

Chicago, IL · On-site

$135K - $155K/yr

You will develop and execute core compensation processes such as plan design and implementation, quota methodology, plan administration, performance management, compensation audits, and analytics.

Compensation & HRIS Manager Chicago, Illinois Full-Time UTLX / Union Tank Car Company As a part of the global industrial organization Marmon Holdings-which is backed by Berkshire Hathaway-you'll be ...

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Compensation Manager information

See Elgin, IL salary details

$35.1K

$113.4K

$167.6K

How much do compensation manager jobs pay per year?

As of Sep 6, 2026, the average yearly pay for compensation manager in Elgin, IL is $113,412.00, according to ZipRecruiter salary data. Most workers in this role earn between $94,900.00 and $131,000.00 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 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 are popular job titles related to Compensation Manager jobs in Elgin, IL?

For Compensation Manager jobs in Elgin, IL, the most frequently searched job titles are:

What job categories do people searching Compensation Manager jobs in Elgin, IL look for?

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

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

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

Infographic showing various Compensation Manager job openings in Elgin, IL as of August 2026, with employment types broken down into 84% Full Time, 15% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $113,412 per year, or $54.5 per hour.

Manager, Compensation

CDW

Chicago, IL • On-site

Full-time

Posted 3 days ago

New


CDW rating

7.5

Company rating: 7.5 out of 10

Based on 43 frontline employees who took The Breakroom Quiz

110th of 226 rated it services


Job description


This role is responsible for leading the design, administration, and governance of enterprise compensation programs that align with business strategy and organizational objectives. The position partners closely with senior leadership, Finance, Legal, IT, and HR stakeholders to develop competitive compensation plans, analyze market and internal pay data, and provide recommendations to executive leadership. The individual will support annual compensation processes, including merit and incentive cycles, oversee job evaluations and pay equity initiatives, and ensure compliance with applicable compensation regulations. This leader will also drive compensation-related projects, build financial models, interpret market trends, and develop communication strategies for compensation programs.


What you will do

  • Partners with Leadership to align compensation programs with the strategic objectives of the business.
  • Manages compensation projects in cooperation with CWS, Legal, IT, and Finance.
  • Analyzes compensation data including the building of financial models; identifies trends, draws conclusions and recommends appropriate action.
  • Directs team in the development of new plans and maintenance of existing plans.
  • Provide compensation review and recommendations to the Executive Committee.
  • Develop communications in support of new compensation programs, or modifications to existing plans and programs.
  • Leads annual compensation cycles including merit and variable pay reviews.
  • Conducts job analysis and evaluation ensuring both internal and external equity and Legal compliance.
  • Design and operational lead for all pay programs in purview.
  • Stay current with market practices, governance policies and trends, legal and tax regulations.
  • Manage programs and/or a team of coworkers through clear communication of goals and expectations.

What we expect of you

  • Bachelor's degree and 5+ years' compensation experience OR 9+ years' compensation experience
  • 1+ year of managerial experience
  • Project management skills - plan, anticipate, proactively deliver.
  • Experience with compensation plan design and administration.
  • Familiarity with HR systems such as Workday
  • Thorough understanding of compensation regulatory environment.
  • Demonstrated ability to coach and mentor others.
  • Strong analytical and spreadsheet skills with critical attention to detail.
  • Demonstrated ability to administer external and internal surveys and interpret survey data.
  • Excellent verbal and written communication skills with the ability to effectively interact with all stakeholders, including senior leadership.
  • History of balancing competing priorities with the ability to adapt to the changing needs of the business while meeting deadlines.
  • Certified Compensation Professional (CCP) designation and membership in the World at Work, is a plus.
  • Certified Equity Professional (CEP), is a plus.

Pay range: 125,000 - $174,600 depending on experience and skill set
Annual bonus target of 10% subject to terms and conditions of plan
Benefits overview: https://cdw.benefit-info.com/
Salary ranges may be subject to geographic differentials

CDW is committed to being an AI-fluent organization

As a leader, you will champion and be accountable for our vision of becoming an AI-fluent organization. We expect leaders to model curiosity, encourage responsible AI adoption, and foster a culture of continuous learning. You don't need deep technical expertise, but you should be comfortable exploring how AI can enhance strategy, decision-making, and team performance. Your role includes guiding others in building confidence and capability with AI tools and practices, while promoting openness to experimentation and shared learning.

Additionally, CDW is committed to fostering an equitable, transparent, and respectful hiring process for all applicants. During our application process, our goal is to understand your experience, strengths, skills, and qualifications. As an AI forward company, we see AI not just as a tool, but as a catalyst for new ways of thinking, creating, and communicating. We encourage candidates to embrace an AI mindset, one that's curious, adaptive, and ready to explore what's possible. We welcome thoughtful use of AI to expand your perspective and elevate how you share your story, while ensuring your application remains rooted in your own background, judgment, and voice.

About Us

CDW is a Fortune 500 technology solutions provider that helps businesses, government, education, and healthcare organizations achieve what's possible through technology. What makes CDW different isn't just what we do-it's how we do it. At CDW we act as one-building trust, speaking candidly, and working together to achieve more. We play to win-focusing on what matters most and delivering for our customers. And we think forward-staying curious, moving fast, and continuously learning. We believe meaningful work happens when people feel supported, heard, and empowered to contribute. That's why we think of ourselves as coworkers, not just employees-working together to solve complex challenges and deliver real impact for our customers and communities.

As a fullstack, fulllifecycle technology partner, CDW brings deep expertise, strong relationships, and broad industry knowledge to help turn ideas into outcomes. When you join CDW, you become part of a collaborative environment where your work matters, your growth is supported, and your contributions help shape what's next.

Together, we deliver the full promise of what technology can do. Together, we Make Amazing Happen.

CDW is an equal opportunity employer. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or any other basis prohibited by state and local law.


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About CDW

Sourced by ZipRecruiter

CDW is a leading multi-brand technology solutions provider to business, government, education and healthcare customers across the globe. Our fingerprints can be found on technology in workplaces of more than 250,000 companies; from fresh-faced startups to international conglomerates. With the breadth of products and services we offer, combined with the expertise of our specialists, we help solve our customers solve their IT challenges. From the teammates beside us to the leaders who guide us, we move forward together, and we always have your back. At CDW, you'll work with people who inspire you.

Industry

It services

Company size

10,000+ Employees

Headquarters location

Vernon Hills, IL, US

Year founded

1984

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