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Compensation Manager Jobs in Racine, WI (NOW HIRING)

Provides counsel and support to management in the application of salary administration policies ... Administers the year-end compensation activities (base pay adjustments and bonus payouts) in ...

By managing multiple priorities with precision and collaboration, you'll play a key role in building a scalable, equitable compensation framework that attracts, retains, and motivates top talent.

Provides counsel and support to management in the application of salary administration policies ... Administers the year-end compensation activities (base pay adjustments and bonus payouts) in ...

Provides counsel and support to management in the application of salary administration policies ... Administers the year-end compensation activities (base pay adjustments and bonus payouts) in ...

Workers Compensation Claims Adjuster

Milwaukee, WI ยท On-site +1

$65K - $84K/yr

Workers Compensation Claims Adjuster Location: Work from Home Who says you can't have it all ... Strong organizational and time-management skills. * Proficiency in computer programs, including ...

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Compensation Manager information

See Racine, WI salary details

$33.3K

$107.6K

$158.9K

How much do compensation manager jobs pay per year?

As of Aug 31, 2026, the average yearly pay for compensation manager in Racine, WI is $107,580.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,000.00 and $124,200.00 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 the most commonly searched types of Compensation jobs in Racine, WI?

The most popular types of Compensation jobs in Racine, WI are:

What job categories do people searching Compensation Manager jobs in Racine, WI look for?

The top searched job categories for Compensation Manager jobs in Racine, WI are:

What cities near Racine, WI are hiring for Compensation Manager jobs?

Cities near Racine, WI with the most Compensation Manager job openings:

Infographic showing various Compensation Manager job openings in Racine, WI as of August 2026, with employment types broken down into 84% Full Time, 13% Part Time, 1% Contract, and 2% Nights. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $107,580 per year, or $51.7 per hour.

Senior Manager of Compensation

Associatedbank

Milwaukee, WI โ€ข On-site, Remote

Full-time

Retirement, PTO

This job post hasย expired today.ย Applications are no longer accepted.


Job description

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

*** Role is only open to remote or hybrid in Wisconsin and Minnesota***
As Senior Manager of Compensation, you'll shape how we design and deliver competitive, performance-driven compensation programs-aligning business strategy, risk management, and market practices. This is a highly visible role with direct influence on executive decision-making, organization design, and total rewards strategy.

What You'll Do

  • Shape Compensation Strategy & Governance Lead the design, implementation, and governance of compensation programs aligned to business strategy, pay-for-performance principles, and Associated's Total Rewards Philosophy.
  • Own Core, Incentive & Equity Programs Provide oversight of base pay, annual incentives (including sales compensation), and long-term/equity programs-ensuring scalability, market competitiveness, and alignment to business needs.
  • Advise Leaders on Pay & Organization Design Partner with senior leaders to provide guidance on pay positioning, job architecture, and organizational design-balancing competitiveness, internal equity, and risk.
  • Drive Data-Driven Decisions Deliver insights through market benchmarking, pay equity analysis, geographic differentials, and financial modeling to support budgeting, forecasting, and strategic decision-making.
  • Strengthen Risk & Regulatory Alignment Ensure compensation programs align with regulatory expectations for large financial institutions, with strong governance, controls, and risk mitigation practices.
  • Lead Annual Compensation Cycle Oversee annual planning processes (merit, incentive, and equity), ensuring disciplined execution, budget alignment, and clear outcomes.
  • Ensure Compliance & Control Maintain adherence to federal/state regulations and internal policies while proactively identifying and mitigating compensation-related risks.
  • Build a High-Performing Team Lead, coach, and develop a Compensation team that delivers accurate, efficient, and compliant results while advancing capability and innovation.

What You Bring

Experience

  • 7+ years of progressive compensation experience within financial services or a complex, regulated environment
  • 3-5 years of people leadership or leading high-impact compensation initiatives
  • Deep experience across core, incentive, and equity compensation

Education

  • Bachelor's degree in Human Resources, Finance, Business, or related field (required)
  • MBA or advanced degree (preferred)

Certifications (Preferred)

  • Certified Compensation Professional (CCP)

Why This Role Stands Out

  • Direct influence on executive compensation decisions and enterprise strategy
  • Opportunity to modernize and scale compensation programs
  • High visibility across HR, Finance, and business leadership
  • Ability to shape fair, competitive, and inclusive pay practices

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

In addition to core traditional benefits, we take pride in offering benefits for every stage of life.

  • Retirement savings including both 401(k) and Pension plans.

  • Paid time off to volunteer in your community.

  • Opportunities to connect with others through our diversity-focusedColleague Resource Groups.

  • Competitive salaries with professional development and advancement opportunities.

  • Bonus benefits including well-being programs and incentives, parental leave,anemployee stock purchase plan, military benefits and much more.

  • Personal banking, loan, investmentand insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest.Join our community onFacebook,LinkedInandX.

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contactleavesandaccommodations@associatedbank.comif you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify NoticeEnglish or Spanish. Know Your Right to WorkEnglishorSpanish.

Associated Bank isPay Transparencycompliant.


The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.


For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.


$122,710.00 - $210,360.00 per year