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Compensation Jobs in Chicago, 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 hours Schedule: Hybrid Mon-Fri 8am-5pm, Fridays remote Pay Range: $65-$70/hour The Compensation ...

Compensation Analyst

Des Plaines, IL · Hybrid

$86K - $118K/yr

Exposure to strategic compensation initiatives, including pay equity, market benchmarking, and incentive programs * A collaborative, professional HR environment that values datadriven decisionmaking ...

Compensation Analyst

Rosemont, IL · On-site

$86K - $118K/yr

Exposure to strategic compensation initiatives, including pay equity, market benchmarking, and incentive programs * A collaborative, professional HR environment that values data-driven decision ...

The Compensation Manager partners closely with HR Business Partners, Finance, and senior leadership to provide data-driven insights and recommendations that support total rewards strategy and ...

Compensation Consultant Looking for experience beyond an analyst - with experience specifically in sales incentive compensation and executive compensation. Provide senior-level compensation ...

Compensation Consultant (Part-Time)

Deerfield, IL · On-site

$70.40 - $100.57/hr

Administers broad‑based compensation programs for all employees; interprets compensation program provisions and requirements; resolves administration/policy issues and questions; and coordinates ...

New

Program Manager, Compensation

Warrenville, IL · On-site

$46.79 - $72.52/hr

Program Manager, Compensation The Program Manager, Compensation is responsible for the oversight, administration, and continuous improvement of the organization's compensation structures and programs.

Remote Compensation Analyst

Chicago, IL · On-site +1

$40 - $50/hr

LaSalle Network is hiring for a Compensation Analyst with an insurance company known for organizational growth and transformation. This is a growth-driven position supporting the expansion and ...

About This Role We're looking for a Senior Compensation Manager to lead compensation strategy and operations for the firm. This role owns the day-to-day design, analysis, and administration of our ...

Senior Compensation Manager

Chicago, IL · On-site

$150K - $250K/yr

About This Role We're looking for a Senior Compensation Manager to lead compensation strategy and operations for the firm. This role owns the day-to-day design, analysis, and administration of our ...

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Showing results 1-20

Compensation information

See Chicago, IL salary details

$36.6K

$118.2K

$174.6K

How much do compensation jobs pay per year?

As of Aug 21, 2026, the average yearly pay for compensation in Chicago, IL is $118,189.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,900.00 and $136,500.00 per year, depending on experience, location, and employer.

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 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 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 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 most commonly searched types of Compensation jobs in Chicago, IL?

The most popular types of Compensation jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Compensation jobs?

Cities near Chicago, IL with the most Compensation job openings:

Infographic showing various Compensation job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 17% Part Time, and 4% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $118,189 per year, or $56.8 per hour.

Compensation Consultant

Epitec

Lisle, IL • On-site

$65 - $70/hr

Contractor

Medical, Dental, Vision, Retirement, PTO

Re-posted 12 days ago


Job description

  • Location: Lisle, Illinois
  • Type: Contract
  • Job #104150

Job Title: Compensation Consultant
Location: Lisle, Illinois
Job Type: W2 Contract
Expected hours per week: 40 hours
Schedule: Hybrid Mon-Fri 8am-5pm, Fridays remote
Pay Range: $65-$70/hour
Job Description:
The Compensation Consultant provides senior-level support for complex compensation programs, including job architecture, salary structures, and market analysis, ensuring alignment with organizational guidelines and pay philosophy. This role supports high-impact initiatives such as incentive programs, pay equity, and organizational changes, while delivering data-driven recommendations and maintaining compliance and consistency across compensation decisions.
Key Responsibilities:
  • Administer and evaluate complex compensation programs, including salary structures and job architecture
  • Conduct market benchmarking and compensation analysis to support competitive pay strategies
  • Review and validate compensation actions for alignment with internal policies and guidelines
  • Support design and execution of incentive compensation and bonus programs
  • Perform job audits, job description development, and compensation data validation
  • Analyze survey data and conduct special compensation studies
  • Partner with stakeholders on organizational changes and compensation initiatives
  • Provide recommendations on pay equity and compensation strategies
  • Manage multiple projects and priorities in a fast-paced environment with minimal oversight

Benefits: Medical, Dental, Vision, PTO & 401K
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