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A compensation consultant is a professional who specializes in designing and implementing compensation and benefits programs for organizations. They analyze market data, industry trends, and internal policies to ensure that the compensation packages offered by a company are competitive and aligned with its strategic objectives. Compensation consultants conduct job evaluations, salary surveys, and benchmarking studies to determine appropriate salary ranges and bonus structures. They also provide guidance on incentive plans, executive compensation, and performance-based rewards.
Estimated Yearly Salary: 3,520,617 INR
Estimated Monthly Salary: 293,385 INR
Estimated Weekly Salary: 67,704 INR per week
Estimated Hourly Salary: 1,693 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 283,583 INR
Estimated Weekly Salary: 65,442 INR per week
Estimated Hourly Salary: 1,636 INR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 39,221 USD
Estimated Monthly Salary: 3,268 USD
Estimated Weekly Salary: 754 USD per week
Estimated Hourly Salary: 19 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: 3,520,617 INR
Estimated Monthly Salary: 293,385 INR
Estimated Weekly Salary: 67,704 INR per week
Estimated Hourly Salary: 1,693 INR per hour
By working as Compensation Consultant a person can save up to 2,373 USD per month or 28,479 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 India, see costs of living in India.
Estimated Yearly Salary for Compensation Consultant
Last revision of data: 2025-01-04
Data as of 2025
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Compensation Consultant salary in India
Average Yearly Salary of Compensation Consultant in India is approximately 3,520,617 INR (39,221 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 Consultant do?
A compensation consultant is a professional who specializes in designing and implementing compensation and benefits programs for organizations. They analyze market data, industry trends, and internal policies to ensure that the compensation packages offered by a company are competitive and aligned with its strategic objectives. Compensation consultants conduct job evaluations, salary surveys, and benchmarking studies to determine appropriate salary ranges and bonus structures. They also provide guidance on incentive plans, executive compensation, and performance-based rewards.
Skills: compensation consultant, compensation analysis, benefits programs, salary surveys, job evaluations, incentive plans.
Job industry: Human resources
Job industry: Human resources
How much does Compensation Consultant make?
Salary details
How much does Compensation Consultant make?Estimated Yearly Salary: 3,520,617 INR
Estimated Monthly Salary: 293,385 INR
Estimated Weekly Salary: 67,704 INR per week
Estimated Hourly Salary: 1,693 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,402,990 INREstimated Monthly Salary: 283,583 INR
Estimated Weekly Salary: 65,442 INR per week
Estimated Hourly Salary: 1,636 INR per hour
Last revision of data: 2024-01-03Compensation Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 39,221 USD
Estimated Monthly Salary: 3,268 USD
Estimated Weekly Salary: 754 USD per week
Estimated Hourly Salary: 19 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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Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Compensation Consultant job salary compared to average salary in India.
Comparison shows that a person working as Compensation Consultant in India earns on average:
1.9 times the average salary (or 190% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Compensation Consultant job salary compared to average salary in India.
Comparison shows that a person working as Compensation Consultant in India earns on average:
1.9 times the average salary (or 190% of average salary).
Is Compensation Consultant a well paid job?
Yes, our data shows that Compensation Consultant 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 Consultant?
High salary for Compensation Consultant would be somewhere between 3,872,679 INR and 5,104,895 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Compensation Consultant in India?
Living in India the approximate monthly expenses are: 895 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: 3,520,617 INR
Estimated Monthly Salary: 293,385 INR
Estimated Weekly Salary: 67,704 INR per week
Estimated Hourly Salary: 1,693 INR per hour
By working as Compensation Consultant a person can save up to 2,373 USD per month or 28,479 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 India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. 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 Consultant
Pakistan is 2,763 USD
China is 22,504 USD
Nepal is 12,877 USD
Bangladesh is 4,940 USD
Afghanistan is 10,528 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 India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Military pilot (unspecified type) (3,486,509 INR per year, pre-tax.)
Data integrity analyst (1,795,334 INR per year, pre-tax.)
Banking supervisor check processing (1,291,943 INR per year, pre-tax.)
Internist general (7,486,560 INR per year, pre-tax.)
Model (1,193,805 INR per year, pre-tax.)
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