Compensation Specialist

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Compensation Specialist Salary in India

based on 60 latest salaries

Average Annual Salary

14 Lakhs

High Confidence
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High Confidence means the data is based on a large number of latest salaries.

Estimated Take Home Salary

97,683 - ₹ 1 Lakh

Compensation Specialist salary in India ranges between ₹ 7.0 Lakhs to ₹ 39.0 Lakhs with an average annual salary of ₹ 14.0 Lakhs. Salary estimates are based on 60 latest salaries received from Compensation Specialists.

Last Updated: 6 Mar, 2024

Salaries in different departments

Human Resources
Compensation Specialist Salary
3 - 12 years exp. (39 salaries)
14 Lakhs

₹7 L/yr - ₹25 L/yr

Consulting
Compensation Specialist Salary
5 - 11 years exp. (2 salaries)
14 Lakhs

₹7.2 L/yr - ₹23 L/yr

Customer Success, Service & Operations
Compensation Specialist Salary
8 years exp. (1 salary)
10.3 Lakhs

₹9.3 L/yr - ₹11.8 L/yr

IT & Information Security
Compensation Specialist Salary
3 years exp. (1 salary)
7.5 Lakhs

₹6.8 L/yr - ₹8.6 L/yr

Administration & Facilities
Compensation Specialist Salary
10 years exp. (1 salary)
14.3 Lakhs

₹12.9 L/yr - ₹16.5 L/yr

Average Annual Salary by Experience

High Confidence
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High Confidence means the data is based on a large number of latest salaries.

Compensation Specialist salary in India with less than 3 year of experience to 12 years ranges from ₹ 7.0 Lakhs to ₹ 39.0 Lakhs with an average annual salary of ₹ 14.0 Lakhs based on 60 latest salaries.

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Senior Manager Salary
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21 Lakhs
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13.6 Lakhs
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Top Skills for Compensation Specialists

based on 18 jobs

Skills

Jobs demanding the skill

2

Operations

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3

Project Management

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4

Analytical

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5

Payroll

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Companies for Compensation Specialist in India

Sort By: Popular
Company Name Avg Annual Salary
9 - 11 yrs exp. (4 salaries)

54.4 Lakhs

₹39 L/yr - ₹70 L/yr

5 - 9 yrs exp. (4 salaries)

11.1 Lakhs

₹8.4 L/yr - ₹14.5 L/yr

3 - 8 yrs exp. (4 salaries)

11.5 Lakhs

₹7.5 L/yr - ₹16 L/yr

1 - 4 yrs exp. (4 salaries)

10.6 Lakhs

₹6.5 L/yr - ₹17 L/yr

3 - 8 yrs exp. (3 salaries)

10.3 Lakhs

₹10 L/yr - ₹10.5 L/yr

14 Lakhs

₹14 L/yr - ₹14 L/yr

12.5 Lakhs

₹11 L/yr - ₹13 L/yr

2 - 12 yrs exp. (3 salaries)

20 Lakhs

₹10 L/yr - ₹25 L/yr

4 - 5 yrs exp. (AmbitionBox Estimate)

12.6 Lakhs

₹9.2 L/yr - ₹17.3 L/yr

7 - 8 yrs exp. (AmbitionBox Estimate)

7 Lakhs

₹6.3 L/yr - ₹8.1 L/yr

Frequently Asked Questions about Compensation Specialist Salaries

What is the salary of a Compensation Specialist in India?
Average salary for a Compensation Specialist in India is 14.0 Lakhs per year (₹1.2L per month). Salary estimates are based on 60 latest salaries received from various Compensation Specialists across industries.
What is the starting salary for a Compensation Specialist in India?
Average starting Salary for Compensation Specialist in India is around ₹7.0 Lakhs per year (₹58.3k per month). 3 years of minimum experience is required to be a Compensation Specialist.
What is the highest salary for a Compensation Specialist in India?
Highest salary that a Compensation Specialist can earn is ₹39.0 Lakhs per year (₹3.3L per month).
How does Compensation Specialist Salary in India change with experience?
An Entry Level Compensation Specialist with less than three years of experience earns an average salary of ₹11.6 Lakhs per year. A mid-career Compensation Specialist with 4-9 years of experience earns an average salary of ₹12.3 Lakhs per year, while an experienced Compensation Specialist with 10-20 years of experience earns an average salary of ₹22.7 Lakhs per year.
What are the top paying industries for Compensation Specialist in India?
What are the top paying cities for Compensation Specialist in India?
What are the popular/top skills required to become a Compensation Specialist?
These are the top skills of a Compensation Specialist based on 18 jobs posted by employers.
  • HR
  • Operations
  • Project Management
  • Analytical
  • Payroll