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Compensation Jobs in Tennessee (NOW HIRING)

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Compensation information

See Tennessee salary details

$32.2K

$104.1K

$153.8K

How much do compensation jobs pay per year?

As of Aug 8, 2026, the average yearly pay for compensation in Tennessee is $104,131.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,100.00 and $120,300.00 per year, depending on experience, location, and employer.

What is a job in compensation?

A job in compensation involves designing, managing, and administering employee pay structures, benefits, and incentives to ensure fair and competitive remuneration. Professionals in this field analyze market data, develop salary policies, and may use tools like compensation management software. Strong analytical skills and knowledge of labor laws are essential for success in this role.

What are the key skills and qualifications needed to thrive as a compensation specialist?

To thrive as a Compensation Specialist, you need a solid understanding of compensation structures, data analysis, and HR principles, usually backed by a degree in Human Resources, business, or a related field. Familiarity with HRIS systems, compensation benchmarking tools, and certifications like CCP (Certified Compensation Professional) are typically utilized in this role. Strong analytical thinking, attention to detail, and effective communication enable you to interpret data and collaborate with stakeholders. These skills are crucial for designing competitive pay structures that attract and retain talent while ensuring internal equity and compliance.

What is a compensation specialist?

Compensation specialists are human resources professionals who design, implement, and manage an organization's pay structure and benefits programs. They analyze job roles, market data, and internal policies to ensure employees are fairly and competitively compensated. Their responsibilities often include conducting salary surveys, evaluating job descriptions, ensuring compliance with labor laws, and advising management on compensation strategies. Their work helps attract, motivate, and retain talent while maintaining internal equity and external competitiveness.

What are some common challenges faced by professionals working in compensation roles, and how can they be addressed?

Professionals in compensation roles often encounter challenges such as keeping up with rapidly changing labor market trends, ensuring internal pay equity, and managing confidential data. Navigating complex regulatory requirements and balancing company budgets with employee expectations can also be demanding. Staying proactive by leveraging compensation benchmarking tools, participating in industry networks, and collaborating closely with HR and finance teams can help address these challenges and support informed decision-making.

What is the difference between Compensation vs Payroll Specialist?

AspectCompensationPayroll Specialist
Primary FocusDesigning and managing employee pay structures, benefits, and incentivesProcessing employee wages, tax deductions, and payroll transactions
Required CredentialsHR or compensation certifications, degree in HR or related fieldAccounting or payroll certifications, experience with payroll software
Work EnvironmentHR departments, compensation teams, benefits administrationPayroll departments, accounting teams, HR support roles
Industry UsageUsed across HR and compensation management functionsPrimarily in payroll processing and accounting departments

While both roles relate to employee pay, Compensation focuses on developing pay structures and benefits strategies, whereas Payroll Specialist handles the actual processing of wages and deductions. Understanding these differences helps organizations assign the right responsibilities and find suitable candidates.

What are the most commonly searched types of Compensation jobs in Tennessee? The most popular types of Compensation jobs in Tennessee are:
What are popular job titles related to Compensation jobs in Tennessee? For Compensation jobs in Tennessee, the most frequently searched job titles are:
What job categories do people searching Compensation jobs in Tennessee look for? The top searched job categories for Compensation jobs in Tennessee are:
What cities in Tennessee are hiring for Compensation jobs? Cities in Tennessee with the most Compensation job openings:
Compensation jobs near you
Infographic showing various Compensation job openings in Tennessee as of July 2026, with employment types broken down into 1% As Needed, 72% Full Time, 15% Part Time, and 12% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $104,131 per year, or $50.1 per hour.

Rewards Regional Partner (Compensation experience required - Nashville, TN)

Philips

Nashville, TN • On-site

$123K - $195K/yr

Full-time

Retirement, PTO

Re-posted 16 days ago

Philips rating

8.3

Company rating: 8.3 out of 10

Based on 83 frontline employees who took The Breakroom Quiz

36th of 156 rated electronics manufacturers

Job description

Job Title
Rewards Regional Partner (Compensation experience required - Nashville, TN)
Job Description
Are you a Rewards professional who wants to drive impact with care? Join the Philips North America Total Rewards team as a Rewards Regional Partner, where you will shape competitive, equitable rewards programs while supporting business leaders.
As a member of the Philips People Business Services Rewards team, you will serve as a strategic Rewards Partner to assigned U.S. client groups. You will provide expert guidance across all rewards topics-particularly compensation-while owning the design and delivery of Health & Wellbeing programs.
This role combines business-facing advisory with program ownership, influencing key compensation decisions while shaping benefits that impact employee experience at scale.
Your role:
  • Act as a strategic advisor to People Business Partners and business leaders on rewards matters. Guide and influence compensation decisions, including salary positioning, promotions, and complex/senior offers, ensuring alignment with market data, internal equity, and business priorities. Translate insights into clear, actionable recommendations, presenting trade-offs, risks, and opportunities to stakeholders, while you proactively identify and address risks related to pay competitiveness, internal equity, and policy application. Through this work, you will help build capability within the business by coaching leaders and People Business Partners on rewards principles and decision-making.
  • Own the strategy, design, and delivery of U.S. Health & Wellbeing programs, including medical, wellness, and related benefits. You will evaluate program performance, utilization, and financial impact to optimize plan design, manage costs, and inform long-term strategy, in addition to leading vendor strategy and management, including brokers, carriers, and third-party administrators (selection, negotiations, performance management, and governance).
  • Ensure programs are competitive, compliant, and aligned with Philips' global rewards strategy and local regulations. Drive continuous improvement and innovation in Health & Wellbeing offerings, leveraging employee feedback, market trends, and best practices. Lead and deliver regional rewards initiatives and projects, while contributing to global programs and transformations. Collaborate cross-functionally with HR, Finance, Legal, and Payroll to ensure effective execution and alignment.

You're the right fit if:
  • You've acquired 5+ years' experience with a Bachelor's or 3+ years' experience with Master's in areas such as rewards management, compensation, total rewards or related areas.
  • Your skills include experience in advising on compensation decisions, U.S. Health & Welfare self-funded benefit plans, and vendor management. You bring experience using HRIS and compensation systems (preferably Workday), along with solid knowledge of U.S. compensation practices, laws, and regulations. AI literacy is a plus.
  • You have a Bachelor's degree in Rewards Management, Human Resources, or a related field.
  • You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.
  • You're an excellent communicator and highly organized multi-tasker with strong attention to detail and presentation skills. You work independently, manage time and priorities effectively in fast-paced environments, exercise sound judgment and professionalism, handle confidential information with discretion, and influence stakeholders with clarity and confidence.

How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company's facilities. Field roles are most effectively done outside of the company's main facilities, generally at the customers' or suppliers' locations.
This is an office role.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality of healthcare that we all deserve. Do the work of your life to help improve the lives of others.
  • Learn more about our business.
  • Discover our rich and exciting history.
  • Learn more about our purpose.
  • Learn more about our culture.

Philips Transparency Details
The pay range for this position in Nashville, TN is $123,000 to $195,000.
The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives, may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.
At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Nashville, TN.
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.

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