ZipRecruiter

Log In

1

Compensation Manager Jobs in Streamwood, IL (NOW HIRING)

Marmon

Compensation & HRIS Manager

Chicago, IL · On-site +1

$145K/yr

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 ...

Hunt

Senior Compensation Consultant

Chicago, IL · On-site

$91 - $225/hr

Advise senior management on complex compensation issues including overall pay strategy (structure and competitiveness), job architecture design, and the digital activation of these designs * Manage ...

Epsilon

Senior, Sales Compensation Analyst

Chicago, IL · On-site

You will work alongside a Senior Compensation Analyst and Director, Sales Compensation - Partner Strategy & Operations, gaining exposure to compensation design, quota management, governance, and ...

previous pagenext page

Showing results 21-40

All JobsCompensation JobsCompensation Manager JobsCompensation Manager Jobs in Streamwood, IL

Compensation Manager information

See Streamwood, IL salary details

$35.1K

$113.3K

$167.4K

How much do compensation manager jobs pay per year?

As of Aug 12, 2026, the average yearly pay for compensation manager in Streamwood, IL is $113,340.00, according to ZipRecruiter salary data. Most workers in this role earn between $94,800.00 and $130,900.00 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.
More about Compensation Manager jobs
What are the most commonly searched types of Compensation jobs in Streamwood, IL? The most popular types of Compensation jobs in Streamwood, IL are:
What job categories do people searching Compensation Manager jobs in Streamwood, IL look for? The top searched job categories for Compensation Manager jobs in Streamwood, IL are:
What cities near Streamwood, IL are hiring for Compensation Manager jobs? Cities near Streamwood, IL with the most Compensation Manager job openings:
Compensation Manager jobs near you
Infographic showing various Compensation Manager job openings in Streamwood, IL as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $113,340 per year, or $54.5 per hour.

Senior Manager, Compensation & Total Rewards

Addison Group

Chicago, IL • On-site

$50 - $60/hr

Contractor

Medical, Dental, Vision, Retirement

Posted 29 days ago

Job description

Job Title: Senior Manager, Compensation & Total Rewards
Industry: Global Marketing
Location: Chicago, IL - West Loop
Assignment Type: Contract
Pay: $50 - $60 / hour
Work Schedule: Monday-Friday | Full-Time (40 hours/week) - Hybrid
Benefits: This position is eligible for medical, dental, vision, and 401(k).
About The Company:
Our client is a global professional services organization that partners with well-known brands to deliver innovative business, marketing, technology, and operational solutions. With an international footprint and a collaborative culture, the company is recognized for driving strategic initiatives that enhance customer experiences and business performance. This is an excellent opportunity to step into a highly visible leadership role supporting an established HR team during a critical transition.
Job Description:
Addison Group is seeking an experienced Senior Manager of Compensation & Total Rewards to provide interim leadership for a growing Human Resources team. This individual will oversee compensation, benefits, compliance, and total rewards initiatives while managing a small team and partnering closely with executive leadership. The ideal candidate has extensive compensation experience, thrives in a fast-paced environment, and is comfortable stepping into a leadership role immediately.
Key Responsibilities:
  • Lead the organization's compensation and total rewards programs to ensure alignment with business objectives.
  • Direct annual compensation planning activities, including salary reviews, incentive programs, and promotional adjustments.
  • Evaluate market compensation data and recommend competitive pay structures and compensation strategies.
  • Oversee employee benefits programs, including health, retirement, wellness, leave administration, and open enrollment.
  • Manage relationships with external benefits vendors, consultants, and brokers.
  • Ensure compliance with federal, state, and local compensation and benefits regulations.
  • Develop reporting and analytics related to compensation, pay equity, benefits utilization, turnover, and workforce trends.
  • Present recommendations and insights to senior HR and executive leadership.
  • Supervise and mentor the benefits function while supporting team development.
  • Partner with Payroll, Finance, Talent Acquisition, Legal, and HR leadership on organization-wide initiatives and special projects.
  • Assist with organizational changes, HR transformation efforts, and other strategic people initiatives as needed.

Qualifications:
  • Bachelor's degree in Human Resources, Business Administration, or a related field.
  • Significant experience leading compensation and total rewards programs in a corporate environment.
  • Previous leadership experience managing HR or Total Rewards professionals.
  • Strong knowledge of compensation planning, salary structures, benefits administration, and compliance regulations.
  • Experience with executive-level reporting and data-driven decision making.
  • Proficiency with SAP SuccessFactors is required.
  • Experience with UKG is a plus.
  • Excellent communication, analytical, and stakeholder management skills.
  • Ability to quickly adapt and lead within a fast-paced, evolving environment.

Additional Details:
  • Immediate start preferred.
  • Contract assignment expected to last approximately 4-8 weeks, with the possibility of extension.

Opportunity to lead an established Total Rewards function during a critical transition period.
Perks:
  • Modern office located in downtown Chicago
  • High-impact leadership opportunity with executive visibility
  • Collaborative and supportive HR team
  • Opportunity to make an immediate impact while leading strategic compensation and benefits initiatives
Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

Apply