Home > Salary > Colombia > Compensation Benefits Administrator
A compensation benefits administrator is responsible for managing and administering employee compensation and benefits programs within an organization. They are responsible for ensuring that employees receive accurate and timely compensation, including salary, bonuses, and incentives. They also handle employee benefits programs such as health insurance, retirement plans, and leave policies. The compensation benefits administrator works closely with HR teams to develop and implement compensation strategies that align with the organization's goals and budget. They analyze market trends and benchmarking data to ensure competitive compensation packages are offered. Additionally, they play a crucial role in resolving employee inquiries and concerns related to compensation and benefits. Strong analytical skills, attention to detail, and knowledge of legal regulations are essential for this role.
Estimated Yearly Salary: 36,731,320 COP
Estimated Monthly Salary: 3,060,943 COP
Estimated Weekly Salary: 706,372 COP per week
Estimated Hourly Salary: 17,659 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,962,032 COP
Estimated Weekly Salary: 683,546 COP per week
Estimated Hourly Salary: 17,089 COP per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 8,134 USD
Estimated Monthly Salary: 678 USD
Estimated Weekly Salary: 156 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 36,731,320 COP
Estimated Monthly Salary: 3,060,943 COP
Estimated Weekly Salary: 706,372 COP per week
Estimated Hourly Salary: 17,659 COP per hour
By working as Compensation Benefits Administrator a person can save up to 417 USD per month or 5,009 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 Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Compensation Benefits Administrator
Last revision of data: 2025-01-04
Data as of 2025
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Compensation Benefits Administrator salary in Colombia
Average Yearly Salary of Compensation Benefits Administrator in Colombia is approximately 36,731,320 COP (8,134 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 Benefits Administrator do?
A compensation benefits administrator is responsible for managing and administering employee compensation and benefits programs within an organization. They are responsible for ensuring that employees receive accurate and timely compensation, including salary, bonuses, and incentives. They also handle employee benefits programs such as health insurance, retirement plans, and leave policies. The compensation benefits administrator works closely with HR teams to develop and implement compensation strategies that align with the organization's goals and budget. They analyze market trends and benchmarking data to ensure competitive compensation packages are offered. Additionally, they play a crucial role in resolving employee inquiries and concerns related to compensation and benefits. Strong analytical skills, attention to detail, and knowledge of legal regulations are essential for this role.
Skills: Compensation, Benefits, Administration, HR, Employee Compensation, Benefits Programs
Job industry: Human resources
Job industry: Human resources
How much does Compensation Benefits Administrator make?
Salary details
How much does Compensation Benefits Administrator make?Estimated Yearly Salary: 36,731,320 COP
Estimated Monthly Salary: 3,060,943 COP
Estimated Weekly Salary: 706,372 COP per week
Estimated Hourly Salary: 17,659 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 35,544,388 COPEstimated Monthly Salary: 2,962,032 COP
Estimated Weekly Salary: 683,546 COP per week
Estimated Hourly Salary: 17,089 COP per hour
Last revision of data: 2024-01-02Compensation Benefits Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,134 USD
Estimated Monthly Salary: 678 USD
Estimated Weekly Salary: 156 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Compensation Benefits Administrator job salary compared to average salary in Colombia.
Comparison shows that a person working as Compensation Benefits Administrator in Colombia earns on average:
1.36 times the average salary (or 136% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Compensation Benefits Administrator job salary compared to average salary in Colombia.
Comparison shows that a person working as Compensation Benefits Administrator in Colombia earns on average:
1.36 times the average salary (or 136% of average salary).
Is Compensation Benefits Administrator a well paid job?
Yes, our data shows that Compensation Benefits Administrator 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 Benefits Administrator?
High salary for Compensation Benefits Administrator would be somewhere between 40,404,452 COP and 53,260,414 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Compensation Benefits Administrator in Colombia?
Living in Colombia the approximate monthly expenses are: 260 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: 36,731,320 COP
Estimated Monthly Salary: 3,060,943 COP
Estimated Weekly Salary: 706,372 COP per week
Estimated Hourly Salary: 17,659 COP per hour
By working as Compensation Benefits Administrator a person can save up to 417 USD per month or 5,009 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 Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. 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 Benefits Administrator
Ecuador is 7,910 USD
Brazil is 10,173 USD Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Colombia
(306,660,307 COP per year, pre-tax.)
2. Cardiologist
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
5. Neurosurgeon
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
8. Oncologist
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)
Data as of 2025Random salary:
Solar energy solar power engineer (32,879,880 COP per year, pre-tax.)
Resident aide (12,807,894 COP per year, pre-tax.)
Senior contracts specialist (35,008,055 COP per year, pre-tax.)
Secretary (but not legal medical or executive) (14,825,340 COP per year, pre-tax.)
Senior business continuity associate (51,371,423 COP per year, pre-tax.)
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