Compensation Manager
Annual salary range
₹6.3 Lakhs - ₹30 Lakhs
Low Confidence 
Low Confidence means the data is based on a small number of latest salaries.
Filter salaries byCompensation Manager Salary in Mumbai
based on 9
latest salaries
• updated:
23 Jan 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 - ₹26 L/yr |
5
years
(3
salaries)
| ₹17.7 L/yr - ₹30 L/yr |
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| |
6
years
(1
salaries)
| ₹4.4 L/yr - ₹4.4 L/yr |
7
years
(2
salaries)
| ₹29.5 L/yr - ₹39 L/yr |
8
years
(1
salaries)
| ₹30 L/yr - ₹30 L/yr |
View all salaries by experience
Compensation Manager Salary in
Mumbai ranges between ₹6.3
Lakhs to ₹30
Lakhs for
4 years of experience to 14 years of experience
. Salary estimates are based on
9 latest salaries received
from Compensation Manager.
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
3 -
5
yrs
exp.
.
Mumbai
(4 salaries)
|
₹17 L/yr - ₹22 L/yr | |
4 -
7
yrs
exp.
.
Mumbai
(3 salaries)
|
₹26 L/yr - ₹39 L/yr | |
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| ||
Fresher
.
Mumbai
(AmbitionBox Estimate)
|
₹8.1 L/yr - ₹10.4 L/yr | |
14 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5.6 L/yr - ₹7.2 L/yr | |
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹18 L/yr - ₹23 L/yr | |
8 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹27 L/yr - ₹34.5 L/yr | |
5 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹15.9 L/yr - ₹20.4 L/yr | |
6 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.9 L/yr - ₹5 L/yr | |
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| ||
7 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹26.6 L/yr - ₹33.9 L/yr | |
Compensation Manager Jobs in Mumbai
Compensation Manager
· 10-15 years
Advanced Micro Devices, Inc
Bangalore / Bengaluru
Compensation Manager
· 16-20 years
Haleon
Bangalore / Bengaluru
Compensation Manager
· 5-10 years
Hrassistance India Consultancy Llp
Bangalore / Bengaluru
Similar Designation Salaries for Compensation Manager
| Designations | Avg Annual Salary |
|---|---|
Compensation Analyst Salary
1 -
10
years
exp.
(16 salaries)
| ₹5.5 L/yr - ₹19 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(29.7k salaries)
| ₹8 L/yr - ₹36 L/yr |
Login to view exact salary
| |
Assistant Manager Salary
2 -
13
years
exp.
(69.6k salaries)
| ₹3 L/yr - ₹16.5 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(30.9k salaries)
| ₹3.7 L/yr - ₹16.4 L/yr |
Associate Manager Salary
3 -
15
years
exp.
(6.2k salaries)
| ₹3.5 L/yr - ₹26.9 L/yr |
View more similar designations
Top skills for Compensation Manager
Compensation Manager Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Compensation Manager
5 -
14
years
exp.
| ₹20 L/yr - ₹44 L/yr |
Gurgaon / Gurugram
Compensation Manager
5 -
12
years
exp.
| ₹13.5 L/yr - ₹45 L/yr |
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| |
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 |
Pune
Compensation Manager
8 -
11
years
exp.
| ₹13.2 L/yr - ₹30 L/yr |
View More
Compensation Manager Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
IT Services & Consulting
Compensation Manager
5 -
14
years
exp.
| ₹13.2 L/yr - ₹35 L/yr |
Financial Services
Compensation Manager
4 -
14
years
exp.
| ₹6.3 L/yr - ₹31.8 L/yr |
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| |
Manufacturing
Compensation Manager
5 -
11
years
exp.
| ₹15 L/yr - ₹25 L/yr |
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 |
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 ₹6.3 Lakhs to ₹30.0 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 ₹6.3 Lakhs per year (₹52.5k 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?
- Emerging Technologies - ₹26.0 Lakhs to 39.0 Lakhs per year
- Engineering & Construction - ₹29.5 Lakhs to 29.5 Lakhs per year
- Management Consulting - ₹20.0 Lakhs to 30.0 Lakhs per year
- Banking - ₹9.0 Lakhs to 22.0 Lakhs per year
- NBFC - ₹6.3 Lakhs to 6.3 Lakhs per year
What are the top paying cities for Compensation Manager in India?
- Bangalore / Bengaluru - ₹17.2 Lakhs to 44.0 Lakhs per year
- Gurgaon / Gurugram - ₹13.5 Lakhs to 45.0 Lakhs per year
- New Delhi - ₹11.1 Lakhs to 30.7 Lakhs per year
- Hyderabad / Secunderabad - ₹12.0 Lakhs to 36.1 Lakhs per year
- Mumbai - ₹4.4 Lakhs to 39.0 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 5 jobs posted by employers.
- Recruitment
- Excel
- Budgeting
- Payroll
- Compensation
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