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Compensation Specialist salary in Bangladesh

Average Yearly Salary of Compensation Specialist in Bangladesh is approximately 411,633 BDT (3,493 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Compensation Specialist do?

occupation personasA compensation specialist is responsible for designing, implementing, and managing an organization's compensation and benefits programs. They analyze salary data, market trends, and industry benchmarks to ensure that the company's compensation packages are competitive and aligned with the overall business strategy. Compensation specialists also develop and administer performance-based incentive plans, evaluate job positions, and conduct salary surveys. They collaborate with HR teams to ensure compliance with legal requirements and internal policies, and provide guidance to managers and employees on compensation-related matters. Additionally, they may be involved in conducting research and analysis to support the development of compensation policies and practices.

Skills: compensation specialist, compensation management, benefits administration, salary analysis, performance-based incentives, HR compliance.
Job industry: Human resources


How much does Compensation Specialist make?

Salary details
How much does Compensation Specialist make?
Estimated Yearly Salary: 411,633 BDT
Estimated Monthly Salary: 34,303 BDT
Estimated Weekly Salary: 7,916 BDT per week
Estimated Hourly Salary: 198 BDT per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 398,958 BDT
Estimated Monthly Salary: 33,247 BDT
Estimated Weekly Salary: 7,672 BDT per week
Estimated Hourly Salary: 192 BDT per hour
Last revision of data: 2024-01-05



Compensation Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 3,493 USD
Estimated Monthly Salary: 291 USD
Estimated Weekly Salary: 67 USD per week
Estimated Hourly Salary: 2 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Bangladesh, located in South Asia, is a densely populated country with a rich cultural heritage. It has a population of over 160 million people and covers an area of approximately 147,570 square kilometers. Despite being a relatively small country in terms of land area, Bangladesh is the eighth-most populous country in the world.

Estimated national average yearly salary is 304,560 BDT (2,820 USD). Value indicated is pre-tax. Below graph shows estimated Compensation Specialist job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Compensation Specialist in Bangladesh earns on average:
1.35 times the average salary (or 135% of average salary).

Is Compensation Specialist a well paid job?

Yes, our data shows that Compensation Specialist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Compensation Specialist?

High salary for Compensation Specialist would be somewhere between 452,796 BDT and 596,868 BDT. However this is an estimation based on Gaussian Distribution.

How much can you save working as Compensation Specialist in Bangladesh?

Living in Bangladesh the approximate monthly expenses are: 113 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 411,633 BDT
Estimated Monthly Salary: 34,303 BDT
Estimated Weekly Salary: 7,916 BDT per week
Estimated Hourly Salary: 198 BDT per hour
By working as Compensation Specialist a person can save up to 178 USD per month or 2,139 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Bangladesh, see costs of living in Bangladesh.

Salary comparison to region and neighbouring coutries

Country's neighbours are: India, Myanmar (Burma), Bhutan.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Compensation Specialist

India is 27,676 USDup arrow 692%
Details on Compensation Specialist salary in India
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Bangladesh

(3,468,551 BDT per year, pre-tax.)
(2,899,173 BDT per year, pre-tax.)
(2,788,975 BDT per year, pre-tax.)
(2,696,258 BDT per year, pre-tax.)
(2,693,113 BDT per year, pre-tax.)
(2,648,729 BDT per year, pre-tax.)
(2,648,146 BDT per year, pre-tax.)
(2,647,247 BDT per year, pre-tax.)
(2,646,613 BDT per year, pre-tax.)
(2,640,498 BDT per year, pre-tax.)

Data as of 2025

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Please note:
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This website presents salary insights for informational purposes only. While we collect data from multiple providers, we do not guarantee full reliability. Users are advised to consult external organizations before making major financial decisions. Salaries fluctuate due to various elements, such as experience, industry trends, and negotiation tactics. We cannot provide guarantee regarding the validity of the displayed salary figures. Your continued access of this site indicates your understanding of these conditions.
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