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Compensation Manager Jobs in Monroe, CT (NOW HIRING)

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Compensation Manager information

See Monroe, CT salary details

$35.3K

$114K

$168.4K

How much do compensation manager jobs pay per year?

As of Sep 12, 2026, the average yearly pay for compensation manager in Monroe, CT is $114,007.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,400.00 and $131,700.00 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.
More about Compensation Manager jobs

What cities near Monroe, CT are hiring for Compensation Manager jobs?

Cities near Monroe, CT with the most Compensation Manager job openings:

Compensation Manager jobs near you
Infographic showing various Compensation Manager job openings in Monroe, CT as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $114,007 per year, or $54.8 per hour.

Manager, Financial Planning and Trader Compensation

Norwalk, CT • On-site

Graham Capital Management, L.P.
Finance and Insurance • 51 - 200 employees
Learn more about Graham Capital Management, L.P.external

$170K - $215K/yr

Full-time

Re-posted 21 days ago

Key responsibilities

  • Maintain and administer the trader compensation database.

  • Calculate trader compensation on a monthly and annual basis.

  • Support monthly financial reporting, planning initiatives, and ad hoc projects.

Job description

Graham Capital Management, L.P. (collectively with its affiliates, "Graham") is an alternative investment manager founded in 1994 by Kenneth G. Tropin. Specializing in discretionary and quantitative macro strategies, Graham is dedicated to delivering strong, uncorrelated returns across a wide range of market environments. As one of the industry's longest-standing global macro and trend-following managers, Graham remains committed to innovation, evolving its strategies through a robust investment, technology, and operational infrastructure. Graham harnesses the synergies between its discretionary and quantitative trading businesses to offer a broad suite of complementary alpha strategies, each built on the principles of thoughtful portfolio construction, active risk management, and diversification by design. Graham invests significant proprietary capital alongside its clients - including global institutions, endowments, foundations, family offices, sovereign wealth funds, investment management advisors, and qualified individual investors - reinforcing alignment of interests across all strategies.
The foundation of Graham's sustainability and success is the experience and contributions of its people. The firm seeks to cultivate talent, encourage the diversity of ideas, and respect the contributions of all. In turn, each employee shares in the responsibility of strengthening those around them.
Description
Graham Capital Management, L.P. is seeking a Financial Planning Manager to join our Corporate Accounting, Trading Services group, who will report to the Managing Director of Corporate Finance. The ideal candidate possesses a strong finance and analytical mindset. The candidate should be detail oriented and highly organized to manage several functions including trader compensation and financial planning/forecasting.
Responsibilities
  • Maintain and administer trader compensation database
  • Calculate trader compensation on a monthly and annual basis
  • Support monthly financial reporting and planning initiatives, as well as ad hoc projects
  • Collaborate with Corporate Accounting team and auditors to complete year end audits for domestic and international entities

Requirements
  • 4+ years of relevant finance/accounting experience within a hedge fund, including responsibility for trader compensation, financial reporting, and analysis
  • Bachelor's degree in finance and/or accounting
  • Strong analytical and modelling skills to effectively breakdown and map out legal compensation agreements
  • Strong communication skills, both verbal and written, to effectively and succinctly present relevant data and issues
  • Competent technology and data knowledge base to efficiently extract and manipulate data for reporting and analysis
  • A team player with excellent project and time management skills to effectively work with our partners

This role requires that all employees commute into our Rowayton, CT office Monday through Friday, and work 8:00 AM to 6:00 PM.
Base Salary Range
The anticipated base salary range for this position is $170,000 to $215,000. The anticipated range is based on information as of the time this post was generated. The applicable annual base salary or hourly rate paid to a successful applicant will be determined based on multiple factors, including without limitation the nature and extent of prior experience, skills, and qualifications.
Base salary or rate does not include other forms of compensation or benefits offered in connection with the advertised role.
GCM is committed to providing equal employment opportunity to all employees and applicants for employment without regard to their race, color, religious creed, gender, age, national origin, ancestry, alienage, citizenship status, handicap, disability, marital status, sexual orientation, gender identity, pregnancy, childbirth or other related conditions, military status, genetic information, or any other personal characteristics protected by applicable law. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, layoff, termination, transfer, leave of absence and compensation.

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