ZipRecruiter

Log In

1

Compensation Jobs in Springfield, IL (NOW HIRING)

Horace Mann

Sr Compensation Analyst

Springfield, IL · Hybrid

$76K - $106K/yr

Senior Compensation Analyst Location: Springfield, IL / Hybrid Position Summary Serves as a strategic compensation partner, providing advanced analysis, consultation, and project leadership to ...

Horace Mann

Sr Compensation Analyst

Springfield, IL · On-site

$82K - $107K/yr

OverviewServes as a strategic compensation partner, providing advanced analysis, consultation, and project leadership to support the company's compensation philosophy and talent strategy. Partners ...

next page

Showing results 1-20

All JobsCompensation JobsCompensation Jobs in Springfield, IL

Compensation information

See Springfield, IL salary details

$35.2K

$113.7K

$168K

How much do compensation jobs pay per year?

As of Aug 21, 2026, the average yearly pay for compensation in Springfield, IL is $113,710.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,100.00 and $131,300.00 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 job categories do people searching Compensation jobs in Springfield, IL look for?

The top searched job categories for Compensation jobs in Springfield, IL are:

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

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

Compensation jobs near you
Infographic showing various Compensation job openings in Springfield, IL as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 17% Part Time, and 5% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $113,710 per year, or $54.7 per hour.

Sr Compensation Analyst

Horace Mann

Springfield, IL • Hybrid

$76K - $106K/yr

Full-time

Re-posted 7 days ago

Job description

Job Title: Senior Compensation Analyst

Location: Springfield, IL / Hybrid 

Position Summary

Serves as a strategic compensation partner, providing advanced analysis, consultation, and project leadership to support the company's compensation philosophy and talent strategy. Partners with HR and business leaders to design and administer competitive compensation programs and provide expert guidance on complex compensation matters. 

Key Responsibilities

  • Lead complex compensation analyses, market pricing, and salary recommendations.
  • Provide consultation and guidance on job offers, pay decisions, and compensation strategies.
  • Support executive and broad-based compensation programs.
  • Lead compensation projects and process improvement initiatives.
  • Develop and maintain compensation guidelines, tools, and reporting.
  • Partner with HR Business Partners and leadership to ensure competitive and equitable pay practices.
  • Mentor Compensation Analysts and share best practices across the team.
  • Utilize HRIS and compensation systems to support reporting and analytics. 

Requirements

  • Bachelor's degree in Human Resources, Business, Finance, or a related field.
  • Several years of progressive compensation or HR consulting experience.
  • Strong knowledge of compensation principles, market analysis, and salary administration.
  • Experience leading projects and providing compensation consultation.
  • Excellent analytical, communication, and stakeholder management skills.

Salary Range: $76,600.00 - $106,450.00  

  • Salary is commensurate to experience, location, etc.

Apply