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Compensation Manager

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Compensation Manager Salary in India (Updated 2025)

based on 53 latest salaries • updated: 17 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹11.1 Lakhs - ₹36.1 Lakhs

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High Confidence means the data is based on a large number of latest salaries.
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Compensation Manager Salary in India ranges between ₹11.1 Lakhs to ₹36.1 Lakhs for 4 years of experience to 14 years of experience. Salary estimates are based on 53 latest salaries received from Compensation Manager.

Compensation Manager salaries by

Years of experience Avg. annual salary
4 years
(4 salaries)
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₹20.1 L/yr - ₹26 L/yr

5 years
(6 salaries)
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₹17.7 L/yr - ₹31.8 L/yr

6 years
(7 salaries)
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₹4.4 L/yr - ₹45 L/yr

7 years
(4 salaries)
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₹19.5 L/yr - ₹39 L/yr

8 years
(5 salaries)
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₹12.7 L/yr - ₹30 L/yr

View all salaries by experience

Compensation Manager Jobs in India

Compensation Manager

· 1-6 years

Flexera Software

·
4.3

Bangalore / Bengaluru

Compensation Manager

· 10-15 years

Advanced Micro Devices, Inc

·
3.7

Bangalore / Bengaluru

Compensation Manager

· 5-8 years

Wolters Kluwer - Medknow Publications

·
1.0

Kalyani

View all Compensation Manager jobs

Similar Designation Salary

Similar Designation Avg. annual salary
Compensation Analyst Salary
1 - 10 years exp.
(249 salaries)
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₹3.2 L/yr - ₹23 L/yr

Senior Manager Salary
6 - 20 years exp.
(1.7L salaries)
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₹7.1 L/yr - ₹40.8 L/yr

Assistant Manager Salary
2 - 13 years exp.
(6L salaries)
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₹3 L/yr - ₹17 L/yr

Associate Manager Salary
3 - 15 years exp.
(58.4k salaries)
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₹4.3 L/yr - ₹30 L/yr

Deputy Manager Salary
3 - 15 years exp.
(2.2L salaries)
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₹4 L/yr - ₹18 L/yr

View more similar designations

Top skills for Compensation Manager

3 Compensation Manager jobs demanding these skills arrow-logo

Compensation Manager Salary By Locations

Locations Avg. annual salary
Mumbai
Compensation Manager
4 - 14 years exp.
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₹6.3 L/yr - ₹30 L/yr

Bangalore / Bengaluru
Compensation Manager
5 - 14 years exp.
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₹20 L/yr - ₹44 L/yr

Gurgaon / Gurugram
Compensation Manager
5 - 12 years exp.
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₹13.5 L/yr - ₹45 L/yr

New Delhi
Compensation Manager
9 - 14 years exp.
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₹11.1 L/yr - ₹30.7 L/yr

Hyderabad / Secunderabad
Compensation Manager
4 - 14 years exp.
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₹12 L/yr - ₹36.1 L/yr

View More

Compensation Manager Salary By Industries

Industries Avg. annual salary

IT Services & Consulting

Compensation Manager
5 - 14 years exp.
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₹13.2 L/yr - ₹35 L/yr

Financial Services

Compensation Manager
4 - 13 years exp.
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₹7 L/yr - ₹26 L/yr

Manufacturing

Compensation Manager
6 - 11 years exp.
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₹15 L/yr - ₹24.5 L/yr

Pharma

Compensation Manager
6 - 10 years exp.
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₹12 L/yr - ₹24.5 L/yr

Emerging Technologies

Compensation Manager
4 - 9 years exp.
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₹12.7 L/yr - ₹39 L/yr

View More

Frequently Asked Questions (FAQS) about Compensation Manager Salaries

What is the salary of a Compensation Manager in India?
The salary of a Compensation Manager in India varies based on experience, location, company & Industry. On average, Compensation Manager salaries ranges from ₹11.1 Lakhs to ₹36.1 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹11.1 Lakhs to ₹36.1 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 53 salaries received from various Compensation Managers across industries.
What are the top paying cities for Compensation Manager in India?
The annual salary for Compensation Manager in India varies by location. Top paying cities for Compensation Manager are
Compensation Manager Salary in Mumbai ₹6.3 Lakhs to ₹30.0 Lakhs per year
Compensation Manager Salary in Bangalore / Bengaluru ₹20.0 Lakhs to ₹44.0 Lakhs per year
Compensation Manager Salary in Gurgaon / Gurugram ₹13.5 Lakhs to ₹45.0 Lakhs per year
Compensation Manager Salary in New Delhi ₹11.1 Lakhs to ₹30.7 Lakhs per year
Compensation Manager Salary in Hyderabad / Secunderabad ₹12.0 Lakhs to ₹36.1 Lakhs per year
Salary expectations for Compensation Manager may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Compensation Manager in India?
Top 5 paying Industries for Compensation Manager in India are:
Compensation Manager Salary in IT Services & Consulting ₹13.2 Lakhs to ₹35.0 Lakhs per year
Compensation Manager Salary in Financial Services ₹7.0 Lakhs to ₹26.0 Lakhs per year
Compensation Manager Salary in Manufacturing ₹15.0 Lakhs to ₹24.5 Lakhs per year
Compensation Manager Salary in Pharma ₹12.0 Lakhs to ₹24.5 Lakhs per year
Compensation Manager Salary in Emerging Technologies ₹12.7 Lakhs to ₹39.0 Lakhs per year
How does experience affect salaries of a Compensation Manager in India?
Experience significantly impacts a Compensation Manager salary in India. Salaries increase with experience, as Compensation Manager take on more complex tasks, responsibilities, and leadership roles. Compensation Manager salary at different experience level are as follows:
Experience Average Salary Range
4 years ₹20.1 Lakhs to ₹26.0 Lakhs per year
5 years ₹17.7 Lakhs to ₹31.8 Lakhs per year
6 years ₹4.4 Lakhs to ₹45.0 Lakhs per year
7 years ₹19.5 Lakhs to ₹39.0 Lakhs per year
and so on.

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