Compensation Manager
Annual salary range
₹7 Lakhs - ₹26 Lakhs
Low Confidence 
Low Confidence means the data is based on a small number of latest salaries.
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Filter salaries byCompensation Manager Salary in Financial Services in India
based on 9
latest salaries
• updated:
3 Feb 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Compensation Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
4
years
(3
salaries)
|  ₹20.1 L/yr - ₹22 L/yr |
5
years
(3
salaries)
| ₹17.7 L/yr - ₹31.8 L/yr |
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| |
6
years
(1
salaries)
| ₹26 L/yr - ₹26 L/yr |
13
years
(3
salaries)
| ₹7 L/yr - ₹24 L/yr |
14
years
(1
salaries)
| ₹6.3 L/yr - ₹6.3 L/yr |
Compensation Manager Salary in
India ranges between ₹7
Lakhs to ₹26
Lakhs for
4 years of experience to 13 years of experience
. Salary estimates are based on
9 latest salaries received
from Compensation Manager.
Compensation Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Human Resources
Compensation Manager Salary
4 - 13
years
exp.
(5
salaries)
| ₹7 L/yr - ₹26 L/yr |
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| |
Data Science & Analytics
Compensation Manager Salary
13
years
exp.
(AmbitionBox Estimate)
| ₹10 L/yr - ₹12.8 L/yr |
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
3 -
5
yrs
exp.
(5 salaries)
|
₹17 L/yr - ₹22 L/yr | |
13 -
14
yrs
exp.
(AmbitionBox Estimate)
|
₹6 L/yr - ₹7.6 L/yr | |
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| ||
5 -
6
yrs
exp.
(AmbitionBox Estimate)
|
₹19.7 L/yr - ₹25.1 L/yr | |
Fresher
(AmbitionBox Estimate)
|
₹8.1 L/yr - ₹10.4 L/yr | |
5 yrs
exp.
(AmbitionBox Estimate)
|
₹28.6 L/yr - ₹36.5 L/yr | |
13 yrs
exp.
(AmbitionBox Estimate)
|
₹21.6 L/yr - ₹27.6 L/yr | |
13 yrs
exp.
(AmbitionBox Estimate)
|
₹10 L/yr - ₹12.8 L/yr | |
Compensation Manager Jobs in India
Compensation Manager
· 1-6 years
Flexera Software
Bangalore / Bengaluru
Compensation Manager
· 10-15 years
Advanced Micro Devices, Inc
Bangalore / Bengaluru
Compensation Manager
· 1-3 years
Strategic Strides
₹6
L/yr
- ₹12
L/yr
Mumbai
Similar Designation Salaries for Compensation Manager
| Designations | Avg Annual Salary |
|---|---|
Compensation Analyst Salary
1 -
10
years
exp.
(76 salaries)
| ₹2.9 L/yr - ₹25 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(45.6k salaries)
| ₹7.5 L/yr - ₹35 L/yr |
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| |
Assistant Manager Salary
2 -
13
years
exp.
(1.3L salaries)
| ₹2.8 L/yr - ₹15 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(66.9k salaries)
| ₹3.5 L/yr - ₹10.7 L/yr |
Associate Manager Salary
3 -
15
years
exp.
(9k salaries)
| ₹3.1 L/yr - ₹21 L/yr |
View more similar designations
Top skills for Compensation Manager
Compensation Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Compensation Manager
4 -
14
years
exp.
| ₹6.3 L/yr - ₹30 L/yr |
Bangalore / Bengaluru
Compensation Manager
5 -
14
years
exp.
| ₹20 L/yr - ₹44 L/yr |
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| |
Gurgaon / Gurugram
Compensation Manager
5 -
12
years
exp.
| ₹13.5 L/yr - ₹45 L/yr |
New Delhi
Compensation Manager
9 -
14
years
exp.
| ₹11.1 L/yr - ₹30.7 L/yr |
Hyderabad / Secunderabad
Compensation Manager
4 -
14
years
exp.
| ₹12 L/yr - ₹36.1 L/yr |
View More
Compensation Manager Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
IT Services & Consulting
Compensation Manager
5 -
14
years
exp.
| ₹13.2 L/yr - ₹35 L/yr |
Manufacturing
Compensation Manager
6 -
11
years
exp.
| ₹15 L/yr - ₹24.5 L/yr |
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| |
Pharma
Compensation Manager
6 -
10
years
exp.
| ₹12 L/yr - ₹24.5 L/yr |
Emerging Technologies
Compensation Manager
4 -
9
years
exp.
| ₹12.7 L/yr - ₹39 L/yr |
Management Consulting
Compensation Manager
6 -
10
years
exp.
| ₹19.5 L/yr - ₹45 L/yr |
View More
Frequently Asked Questions about Compensation Manager Salaries
What is the salary of a Compensation Manager in India?
Salary for a Compensation Manager in India ranges between ₹7.0 Lakhs to ₹26.0 Lakhs per year. Salary estimates are based on 9 latest salaries received from various Compensation Managers across industries.
What is the starting salary for a Compensation Manager in India?
Average starting Salary for Compensation Manager in India is around ₹7.0 Lakhs per year (₹58.3k per month). 4 years of minimum experience is required to be a Compensation Manager.
What are the top paying industries for Compensation Manager in India?
- Management Consulting - ₹19.5 Lakhs to 45.0 Lakhs per year
- IT Services & Consulting - ₹12.7 Lakhs to 35.0 Lakhs per year
- Pharma - ₹12.0 Lakhs to 24.5 Lakhs per year
- BPO - ₹13.5 Lakhs to 25.0 Lakhs per year
- Banking - ₹9.0 Lakhs to 22.0 Lakhs per year
What are the top paying cities for Compensation Manager in India?
- Gurgaon / Gurugram - ₹31.8 Lakhs to 31.8 Lakhs per year
- Hyderabad / Secunderabad - ₹21.0 Lakhs to 21.0 Lakhs per year
- New Delhi - ₹11.1 Lakhs to 24.0 Lakhs per year
- Mumbai - ₹6.3 Lakhs to 26.0 Lakhs per year
What are the popular/top skills required to become a Compensation Manager?
These are the top skills of a Compensation Manager based on 4 jobs posted by employers.
- Recruitment
- Excel
- Budgeting
- Payroll
- Compensation
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