Compensation Manager salary in Luxembourg

Average Yearly Salary of Compensation Manager in Luxembourg is approximately 182,439 EUR (183,668 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 Manager do?

A compensation manager is responsible for designing, implementing, and managing an organization's compensation and benefits programs. They analyze market data to determine competitive salary ranges, develop incentive plans, and ensure compliance with legal requirements. Additionally, they evaluate job positions, conduct salary surveys, and make recommendations on pay adjustments. Compensation managers also collaborate with HR teams to establish policies and procedures related to compensation, and provide guidance on salary negotiations and employee benefits.

Skills: Compensation management, Salary analysis, Benefits administration, Job evaluation, Payroll compliance, Employee compensation.
Job industry: Human resources

How much does Compensation Manager make?

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


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Salary comparison to National average

Is Compensation Manager a well paid job?

Yes, our data show that Compensation Manager is a very 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 Manager?

High salary for Compensation Manager would be somewhere between 200,683 EUR and 264,537 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Compensation Manager in Luxembourg?

Living in Luxembourg the approximate monthly expenses are: 3,648 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: 182,439 EUR
Estimated Monthly Salary: 15,203 EUR
Estimated Weekly Salary: 3,508 EUR per week
Estimated Hourly Salary: 88 EUR per hour
By working as Compensation Manager a person can save up to 11,658 USD per month or 139,892 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 Luxembourg, see costs of living in Luxembourg.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Belgium, Germany, France.
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 Manager

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 +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 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.

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Data as of 2025

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