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Compensation and Benefits Specialist

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Compensation and Benefits Specialist Salary in Mumbai (Updated 2025)

based on 31 latest salaries • updated: 8 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹5.5 Lakhs - ₹40 Lakhs

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Compensation and Benefits Specialist Salary in Mumbai ranges between ₹5.5 Lakhs to ₹40 Lakhs for 3 years of experience to 12 years of experience. Salary estimates are based on 31 latest salaries received from Compensation... Read More

Latest annual salaries shared by Compensation and Benefits Specialists

2d ago

Wipro

Compensation and Benefits Specialist

3 years exp.

₹20.5 Lakhs
6d ago

Bajaj Electricals

Compensation and Benefits Specialist

10 years exp.

₹15.5 Lakhs
2w ago

Dsm Shared Services India

Compensation and Benefits Specialist

4 years exp.

₹8.5 Lakhs
3w ago

Sensata Technologies

Compensation and Benefits Specialist

6 years exp.

₹11.8 Lakhs
3w ago

Freyr Solutions

Compensation and Benefits Specialist

10 years exp.

₹6.5 Lakhs
4w ago

Capgemini

Compensation and Benefits Specialist

6 years exp.

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1mo ago

COWI

Compensation and Benefits Specialist

7 years exp.

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1mo ago

Mercer

Compensation and Benefits Specialist

5 years exp.

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1mo ago

Wells Fargo

Compensation and Benefits Specialist

6 years exp.

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1mo ago

Yes Bank

Compensation and Benefits Specialist

3 years exp.

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View all latest salaries

Compensation and Benefits Specialist salaries by

Years of experience Avg. annual salary
3 years
(2 salaries)
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₹10.4 L/yr - ₹13 L/yr

4 years
(1 salaries)
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₹23 L/yr - ₹23 L/yr

5 years
(2 salaries)
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₹14.5 L/yr - ₹30 L/yr

6 years
(3 salaries)
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₹4.2 L/yr - ₹18 L/yr

7 years
(7 salaries)
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₹9 L/yr - ₹48 L/yr

View all salaries by experience

Compensation and Benefits Specialist Jobs in Mumbai

Compensation and Benefits Specialist

· 4-7 years

Capgemini Technology Services India Limited

·
3.7

Noida

Compensation and Benefits Specialist

· 4-9 years

Endurance Technologies

·
3.9

Aurangabad

Compensation and Benefits Specialist

· 10-14 years

Sonalika Tractors

·
3.8

Delhi/Ncr

View all Compensation and Benefits Specialist jobs

Similar Designation Salary

Similar Designation Avg. annual salary
Compensation Analyst Salary
1 - 10 years exp.
(17 salaries)
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₹5.5 L/yr - ₹19 L/yr

Total Rewards Specialist Salary
3 - 10 years exp.
(10 salaries)
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₹12.9 L/yr - ₹30 L/yr

Payroll Specialist Salary
1 - 10 years exp.
(141 salaries)
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₹2.5 L/yr - ₹13 L/yr

Senior Analyst Salary
2 - 8 years exp.
(11.9k salaries)
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₹3.3 L/yr - ₹17.6 L/yr

Senior Consultant Salary
4 - 12 years exp.
(14.8k salaries)
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₹6.7 L/yr - ₹28 L/yr

View more similar designations

Top skills for Compensation and Benefits Specialist

28 Compensation and Benefits Specialist jobs demanding these skills arrow-logo

Compensation and Benefits Specialist Salary In Other Locations

Locations Avg. annual salary
Bangalore / Bengaluru
Compensation and Benefits Specialist
3 - 12 years exp.
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₹5.6 L/yr - ₹34 L/yr

Pune
Compensation and Benefits Specialist
3 - 12 years exp.
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₹6.5 L/yr - ₹22.5 L/yr

Gurgaon / Gurugram
Compensation and Benefits Specialist
3 - 12 years exp.
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₹6.1 L/yr - ₹23 L/yr

Hyderabad / Secunderabad
Compensation and Benefits Specialist
3 - 10 years exp.
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₹5 L/yr - ₹11 L/yr

New Delhi
Compensation and Benefits Specialist
3 - 9 years exp.
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₹5.3 L/yr - ₹16.1 L/yr

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Compensation and Benefits Specialist Salary By Industries

Industries Avg. annual salary

IT Services & Consulting

Compensation and Benefits Specialist
3 - 11 years exp.
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₹5.3 L/yr - ₹25 L/yr

Internet

Compensation and Benefits Specialist
3 - 11 years exp.
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₹5 L/yr - ₹24 L/yr

Financial Services

Compensation and Benefits Specialist
3 - 10 years exp.
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₹4.2 L/yr - ₹30 L/yr

Software Product

Compensation and Benefits Specialist
3 - 11 years exp.
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₹5 L/yr - ₹33 L/yr

Consulting

Compensation and Benefits Specialist
3 - 12 years exp.
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₹5 L/yr - ₹34 L/yr

View More

Frequently Asked Questions (FAQS) about Compensation and Benefits Specialist Salaries

What is the salary of a Compensation and Benefits Specialist in India?
The salary of a Compensation and Benefits Specialist in India varies based on experience, location, company & Industry. On average, Compensation and Benefits Specialist salaries ranges from ₹5.5 Lakhs to ₹40.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹5.5 Lakhs to ₹40.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 31 salaries received from various Compensation and Benefits Specialists across industries.
What are the top paying cities for Compensation and Benefits Specialist in India?
The annual salary for Compensation and Benefits Specialist in India varies by location. Top paying cities for Compensation and Benefits Specialist are Salary expectations for Compensation and Benefits Specialist may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Compensation and Benefits Specialist in India?
Top 5 paying Industries for Compensation and Benefits Specialist in India are:
Compensation and Benefits Specialist Salary in Software Product ₹5.0 Lakhs to ₹33.0 Lakhs per year
Compensation and Benefits Specialist Salary in Analytics & KPO ₹7.2 Lakhs to ₹25.0 Lakhs per year
Compensation and Benefits Specialist Salary in IT Services & Consulting ₹5.3 Lakhs to ₹25.0 Lakhs per year
Compensation and Benefits Specialist Salary in Financial Services ₹4.2 Lakhs to ₹30.0 Lakhs per year
Compensation and Benefits Specialist Salary in Manufacturing ₹6.1 Lakhs to ₹22.0 Lakhs per year
How does experience affect salaries of a Compensation and Benefits Specialist in India?
Experience significantly impacts a Compensation and Benefits Specialist salary in India. Salaries increase with experience, as Compensation and Benefits Specialist take on more complex tasks, responsibilities, and leadership roles. Compensation and Benefits Specialist salary at different experience level are as follows:
Experience Average Salary Range
3 years ₹10.4 Lakhs to ₹13.0 Lakhs per year
4 years ₹23.0 Lakhs to ₹23.0 Lakhs per year
5 years ₹14.5 Lakhs to ₹30.0 Lakhs per year
6 years ₹4.2 Lakhs to ₹18.0 Lakhs per year
and so on.

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