Compensation Specialist
Annual salary range
₹7.6 Lakhs - ₹39.5 Lakhs
Low Confidence 
Low Confidence means the data is based on a small number of latest salaries.
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All Filters Compensation Specialist Salary in Mumbai (Updated 2025)
Based on 8
salaries
• Updated:
27 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Compensation Specialist Salary in Mumbai ranges between ₹7.6 Lakhs to ₹39.5 Lakhs for 7 years of experience to 11 years of experience. Salary estimates are based on 8 latest salaries received from Compensation Specialist.
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
8 -
10
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹11.4 L/yr - ₹14.6 L/yr | |
7 -
8
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹14.4 L/yr - ₹18.4 L/yr | |
Login to view exact salary
| ||
16 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹27 L/yr - ₹34.5 L/yr | |
9 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹35.6 L/yr - ₹45.4 L/yr | |
10 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹10.3 L/yr - ₹13.2 L/yr | |
10 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹13.5 L/yr - ₹17.2 L/yr | |
11 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹6.8 L/yr - ₹8.7 L/yr | |
Latest annual salaries shared by Compensation Specialists
View all latest salaries
Compensation Specialist salaries by
| Years of experience | Avg. annual salary |
|---|---|
7
years
(1
salaries)
|  ₹16 L/yr - ₹16 L/yr |
8
years
(2
salaries)
| ₹10 L/yr - ₹16 L/yr |
Login to view exact salary
| |
9
years
(1
salaries)
| ₹39.5 L/yr - ₹39.5 L/yr |
10
years
(3
salaries)
| ₹11.5 L/yr - ₹15.3 L/yr |
11
years
(1
salaries)
| ₹7.6 L/yr - ₹7.6 L/yr |
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Compensation Analyst Salary
3 -
10
years
exp.
(14 salaries)
| ₹5.6 L/yr - ₹16.5 L/yr |
Payroll Specialist Salary
1 -
10
years
exp.
(138 salaries)
| ₹2.5 L/yr - ₹13 L/yr |
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| |
Total Rewards Specialist Salary
3 -
12
years
exp.
(15 salaries)
| ₹9.3 L/yr - ₹31.2 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(12.3k salaries)
| ₹3.3 L/yr - ₹18 L/yr |
Senior Executive Salary
2 -
11
years
exp.
(25.1k salaries)
| ₹2.4 L/yr - ₹10 L/yr |
View more similar designations
Top skills for Compensation Specialist
Compensation Specialist Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Compensation Specialist
2 -
12
years
exp.
| ₹7 L/yr - ₹25 L/yr |
Hyderabad / Secunderabad
Compensation Specialist
3 -
11
years
exp.
| ₹7.5 L/yr - ₹14 L/yr |
Login to view exact salary
| |
New Delhi
Compensation Specialist
2 -
10
years
exp.
| ₹6 L/yr - ₹34 L/yr |
Gurgaon / Gurugram
Compensation Specialist
2 -
12
years
exp.
| ₹5 L/yr - ₹70 L/yr |
Chennai
Compensation Specialist
4 -
12
years
exp.
| ₹10.2 L/yr - ₹16.9 L/yr |
View more
Compensation Specialist Salary By Industries
| Industries | Avg. annual salary |
|---|---|
IT Services & Consulting Compensation Specialist
2 -
12
years
exp.
| ₹7 L/yr - ₹25 L/yr |
Financial Services Compensation Specialist
2 -
12
years
exp.
| ₹7 L/yr - ₹70 L/yr |
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| |
Internet Compensation Specialist
3 -
10
years
exp.
| ₹7.5 L/yr - ₹19.4 L/yr |
Software Product Compensation Specialist
2 -
12
years
exp.
| ₹10 L/yr - ₹25 L/yr |
Manufacturing Compensation Specialist
3 -
11
years
exp.
| ₹10 L/yr - ₹23 L/yr |
View more
Frequently Asked Questions (FAQS) about Compensation Specialist Salaries
What is the salary of a Compensation Specialist in India?
The salary of a Compensation Specialist in India varies based on experience, location, company & Industry.
On average, Compensation Specialist salaries ranges from ₹7.6 Lakhs to ₹39.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹7.6 Lakhs to ₹39.5 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 8 salaries received from various Compensation Specialists across industries.
The average starting salary is around ₹7.6 Lakhs to ₹39.5 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 8 salaries received from various Compensation Specialists across industries.
What are the top paying cities for Compensation Specialist in India?
The annual salary for Compensation Specialist in India varies by location. Top paying cities for Compensation Specialist are
Salary expectations for Compensation Specialist may vary based on job roles, experience, and specific employer requirements.
| Compensation Specialist Salary in Gurgaon / Gurugram | ₹5.0 Lakhs to ₹70.0 Lakhs per year |
| Compensation Specialist Salary in Dehradun | ₹21.2 Lakhs to ₹27.0 Lakhs per year |
| Compensation Specialist Salary in Noida | ₹21.0 Lakhs to ₹25.0 Lakhs per year |
| Compensation Specialist Salary in Chennai | ₹10.2 Lakhs to ₹16.9 Lakhs per year |
| Compensation Specialist Salary in New Delhi | ₹6.0 Lakhs to ₹34.0 Lakhs per year |
What are the top paying industries for Compensation Specialist in India?
Top 5 paying Industries for Compensation Specialist in India are:
| Compensation Specialist Salary in Financial Services | ₹7.0 Lakhs to ₹70.0 Lakhs per year |
| Compensation Specialist Salary in Banking | ₹7.6 Lakhs to ₹70.0 Lakhs per year |
| Compensation Specialist Salary in Hardware & Networking | ₹10.0 Lakhs to ₹34.0 Lakhs per year |
| Compensation Specialist Salary in Software Product | ₹10.0 Lakhs to ₹25.0 Lakhs per year |
| Compensation Specialist Salary in Education & Training | ₹7.5 Lakhs to ₹25.0 Lakhs per year |
How does experience affect salaries of a Compensation Specialist in India?
Experience significantly impacts a Compensation Specialist salary in India. Salaries increase with experience, as Compensation Specialist take on more complex tasks, responsibilities, and leadership roles.
Compensation Specialist salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 7 years | ₹16.0 Lakhs to ₹16.0 Lakhs per year |
| 8 years | ₹10.0 Lakhs to ₹16.0 Lakhs per year |
| 9 years | ₹39.5 Lakhs to ₹39.5 Lakhs per year |
| 10 years | ₹11.5 Lakhs to ₹15.3 Lakhs per year |
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