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Compensation Manager

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Compensation Manager Salary in Industrial Machinery in India

based on 5 latest salaries • updated: 23 Jan 2025
Select an experience to get the exact salary

Annual salary range

₹17.4 Lakhs - ₹29.5 Lakhs

Low Confidence
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Low Confidence means the data is based on a small number of latest salaries.
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Experience wise Compensation Manager salaries

Years of experience Avg. Annual Salary
7 years
(1 salaries)
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₹29.5 L/yr - ₹29.5 L/yr

9 years
(1 salaries)
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₹17.4 L/yr - ₹17.4 L/yr

10 years
(1 salaries)
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₹17.4 L/yr - ₹17.4 L/yr

11 years
(1 salaries)
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₹18 L/yr - ₹18 L/yr

13 years
(1 salaries)
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₹27 L/yr - ₹27 L/yr

Compensation Manager Salary in India ranges between ₹17.4 Lakhs to ₹29.5 Lakhs for 7 years of experience to 13 years of experience . Salary estimates are based on 5 latest salaries received from Compensation Manager.

Compensation Manager salaries in different departments

Department Avg Annual Salary
Finance & Accounting
Compensation Manager Salary
9 - 11 years exp. (3 salaries)
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₹17.4 L/yr - ₹18 L/yr

Human Resources
Compensation Manager Salary
7 - 13 years exp. (AmbitionBox Estimate)
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₹24.3 L/yr - ₹33.9 L/yr

Compensation Manager Jobs in India

Compensation Manager

· 1-6 years

Flexera Software

·
4.4

Bangalore / Bengaluru

Compensation Manager

· 10-15 years

Advanced Micro Devices, Inc

·
3.8

Bangalore / Bengaluru

Compensation Manager

· 1-3 years

Strategic Strides

₹6 L/yr - ₹12 L/yr

Mumbai

View all Compensation Manager jobs

Similar Designation Salaries for Compensation Manager

Designations Avg Annual Salary
Compensation Analyst Salary
2 - 8 years exp.
(6 salaries)
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₹3.4 L/yr - ₹19 L/yr

Senior Manager Salary
6 - 20 years exp.
(6k salaries)
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₹9 L/yr - ₹34 L/yr

Associate Manager Salary
3 - 15 years exp.
(1.2k salaries)
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₹5.4 L/yr - ₹18.8 L/yr

Assistant Manager Salary
2 - 13 years exp.
(33.9k salaries)
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₹4.7 L/yr - ₹14 L/yr

Deputy Manager Salary
3 - 15 years exp.
(14.6k salaries)
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₹6.4 L/yr - ₹18.3 L/yr

View more similar designations

Top skills for Compensation Manager

5 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

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Compensation Manager Salary In Other 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

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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 ₹17.4 Lakhs to ₹29.5 Lakhs per year. Salary estimates are based on 5 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 ₹17.4 Lakhs per year (₹1.4L per month). 7 years of minimum experience is required to be a Compensation Manager.
What are the top paying industries for Compensation Manager in India?
What are the top paying cities for Compensation Manager in India?
What are the popular/top skills required to become a Compensation Manager?
These are the top skills of a Compensation Manager based on 5 jobs posted by employers.
  • Recruitment
  • Excel
  • Budgeting
  • Payroll
  • Compensation

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