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Compensation Specialist salary in Ghana

Average Yearly Salary of Compensation Specialist in Ghana is approximately 52,029 GHS (4,349 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: 52,029 GHS
Estimated Monthly Salary: 4,336 GHS
Estimated Weekly Salary: 1,001 GHS per week
Estimated Hourly Salary: 25 GHS per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 50,364 GHS
Estimated Monthly Salary: 4,197 GHS
Estimated Weekly Salary: 969 GHS per week
Estimated Hourly Salary: 24 GHS 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: 4,349 USD
Estimated Monthly Salary: 362 USD
Estimated Weekly Salary: 84 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

Ghana is a country located in West Africa. It has a population of approximately 31 million people and covers an area of about 238,535 square kilometers. The country is bordered by Cote d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Atlantic Ocean to the south.

Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Compensation Specialist job salary compared to average salary in Ghana.
Comparison shows that a person working as Compensation Specialist in Ghana earns on average:
1.33 times the average salary (or 133% 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 57,232 GHS and 75,442 GHS. However this is an estimation based on Gaussian Distribution.

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

Living in Ghana the approximate monthly expenses are: 140 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: 52,029 GHS
Estimated Monthly Salary: 4,336 GHS
Estimated Weekly Salary: 1,001 GHS per week
Estimated Hourly Salary: 25 GHS per hour
By working as Compensation Specialist a person can save up to 222 USD per month or 2,669 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 Ghana, see costs of living in Ghana.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Burkina Faso, Cote d'Ivoire (Ivory Coast), Togo..
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

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 Ghana

(439,471 GHS per year, pre-tax.)
(363,775 GHS per year, pre-tax.)
(351,690 GHS per year, pre-tax.)
(342,308 GHS per year, pre-tax.)
(342,198 GHS per year, pre-tax.)
(334,060 GHS per year, pre-tax.)
(333,287 GHS per year, pre-tax.)
(333,209 GHS per year, pre-tax.)
(333,002 GHS per year, pre-tax.)
(332,700 GHS per year, pre-tax.)

Data as of 2025

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Please note:
The salary figures presented here are intended for informational purposes solely.
The salary figures presented here are intended for reference purposes solely. While we strive to ensure accuracy, we cannot guarantee all figures is flawless. Users should to research salary details with official authorities before making critical career choices. Salary ranges may fluctuate due to negotiation, industry trends, and location. We deny responsibility for inaccuracies in the salary data displayed.
This website offers salary insights for educational purposes exclusively. While we gather data from multiple providers, we do not ensure absolute accuracy. Users are encouraged to consult trusted platforms before making any career decisions. Salaries shift due to numerous factors, such as market demand, employer policies, and geographic location. We make no warranty regarding the correctness of the displayed salary figures. Your continued access of this site confirms your acceptance of these conditions.