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Compensation Manager Jobs in Elgin, IL (NOW HIRING)

Compensation Consultant

Lisle, IL · On-site

$65 - $70/hr

Compensation Consultant Location: Lisle, Illinois Job Type: W2 Contract Expected hours per week: 40 ... Manage multiple projects and priorities in a fast-paced environment with minimal oversight Benefits:

Support the annual compensation cycle by preparing communications and resources for managers and delivering reporting and insights to leadership. * Stay informed on relevant employment laws to ensure ...

... managing multiple priorities in a fast-paced environment. Notes: Monday-Thursday must be onsite ... compensation and executive compensation. 8am-5pm VIVA is an equal opportunity employer. All ...

Compensation Analyst

Rosemont, IL · On-site

$86K - $118K/yr

Ability to influence and collaborate effectively with HR partners, managers, and business leaders ... HR or compensation certification (SHRM-CP/SCP, PHR/SPHR, CCP) * Working knowledge of job evaluation ...

Compensation Analyst

Des Plaines, IL · Hybrid

$86K - $118K/yr

Ability to influence and collaborate effectively with HR partners, managers, and business leaders ... HR or compensation certification (SHRMCP/SCP, PHR/SPHR, CCP) * Working knowledge of job evaluation ...

Compensation Partner

Chicago, IL · On-site

$90K - $115K/yr

Ability to manage multiple priorities in a fast-paced environment while maintaining a high level of accuracy and confidentiality. Preferred Qualifications * Certified Compensation Professional (CCP ...

Remote Compensation Analyst

Chicago, IL · On-site +1

$40 - $50/hr

Strong communication and stakeholder management skills, with the ability to explain compensation concepts clearly. * Ability to work independently in a fast-paced, evolving environment with ambiguity ...

Senior Compensation Analyst

Oak Brook, IL · On-site

$83K - $109K/yr

We are a transportation asset services and management company with roots dating to 1928. Sasser ... The Senior Compensation Analyst is an experienced HR professional with deep expertise in ...

Compensation Analyst, Senior

Warrenville, IL · On-site

$38.67 - $59.94/hr

Managing the participation in salary surveys to collect and submit compensation data to external organizations. * Utilizing survey data to inform compensation decisions. * Leading communication ...

Senior Compensation Analyst

Oak Brook, IL · On-site

$83K - $109K/yr

We are a transportation asset services and management company with roots dating to 1928. Sasser ... The Senior Compensation Analyst is an experienced HR professional with deep expertise in ...

Showing results 41-60

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 Aug 16, 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 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 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 1% As Needed, 82% Full Time, 15% Part Time, 1% Contract, and 1% Nights. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $113,412 per year, or $54.5 per hour.

Compensation Associate

The University of Chicago

Chicago, IL • On-site, Remote

$65K - $70K/yr

Full-time

Medical, Retirement, PTO

Posted 25 days ago


University Of Chicago rating

8.1

Company rating: 8.1 out of 10

Based on 47 frontline employees who took The Breakroom Quiz

162nd of 618 rated colleges and universities


Job description

Department
OPS HR - University Compensation and Performance
About the Department
UChicago Human Resources is dedicated to building institutional capacity to advance the University's mission in providing excellence in education, research and innovation. UChicago Compensation leads the design and implementation of broad-based compensation activities for University staff. We partner together with HR Community members to ensure pay decisions are externally competitive and internally equitable, promote pay for performance, and encourage fiscal responsibility.UChicago Compensation leads the design and implementation of broad-based compensation activities for University staff. We partner together with HR Community members to ensure pay decisions are externally competitive and internally equitable, promote pay for performance, and encourage fiscal responsibility.
Job Summary
Reporting to the Compensation and Performance Management Manager, the Compensation Associate serves as a consultant to the broader HR Community throughout campus. Administers compensation policies, processes, and governance. Proven analytical and communication capabilities to enable the delivery of impactful and effective compensation programs.
Responsibilities
  • Administers compensation policies, processes, and governance. Performs various compensation audits.
  • Participates in market data surveys. Expands and maintains market data portfolio and library.
  • Contributes to the job evaluation process, including facilitating internal peer reviews and external competitive assessments.
  • Performs other related work as needed.

Minimum Qualifications
Education:
Minimum requirements include a college or university degree in related field.
Work Experience:
Minimum requirements include knowledge and skills developed through < 2 years of work experience in a related job discipline.
Certifications:
---
Preferred Qualifications
Education:
  • Bachelor's degree in a relevant field such as human resources, finance, or business administration.

Experience:
  • Previous experience in a decentralized environment.

Technical Skills or Knowledge:
  • Demonstrated technology experience in Microsoft Office, particularly Microsoft Excel, such as vlookups, pivot tables, data visualization, etc.
  • Workday experience.

Preferred Competencies
  • Customer service orientation and communication skills.
  • Utilize critical thinking skills to draw conclusions / solve problems.
  • Project management skills and work and learn independently.
  • Demonstrates high level of professionalism and personal integrity.
  • Presentation, consultation, and group facilitation skills.

Working Conditions
  • Remote work schedule.

Application Documents
  • Resume/CV (required)
  • Cover Letter (preferred)
  • References Contact Information (3)(preferred)

The University of Chicago uses AI-assisted tools to streamline and augment some recruitment processes; however, AI is not used to make hiring decisions.
When applying, the document(s) MUST be uploaded via the My Experience page, in the section titled Application Documents of the application.
Job Family
University Human Resources
Role Impact
Individual Contributor
Scheduled Weekly Hours
37.5
Drug Test Required
No
Health Screen Required
No
Motor Vehicle Record Inquiry Required
No
Pay Rate Type
Salary
FLSA Status
Exempt
Pay Range
$65,000.00 - $70,000.00
The included pay rate or range represents the University's good faith estimate of the possible compensation offer for this role at the time of posting.
Benefits Eligible
Yes
The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.
Posting Statement
The University of Chicago is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, or expression, national or ethnic origin, shared ancestry, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.
Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.
All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.
The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information. The Report can be accessed online at: http://securityreport.uchicago.edu. Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.

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