Home > Salary > New Zealand > Compensation Specialist
A 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.
Estimated Yearly Salary: 120,094 NZD
Estimated Monthly Salary: 10,008 NZD
Estimated Weekly Salary: 2,310 NZD per week
Estimated Hourly Salary: 58 NZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,684 NZD
Estimated Weekly Salary: 2,235 NZD per week
Estimated Hourly Salary: 56 NZD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 59,937 USD
Estimated Monthly Salary: 4,995 USD
Estimated Weekly Salary: 1,153 USD per week
Estimated Hourly Salary: 29 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: 120,094 NZD
Estimated Monthly Salary: 10,008 NZD
Estimated Weekly Salary: 2,310 NZD per week
Estimated Hourly Salary: 58 NZD per hour
By working as Compensation Specialist a person can save up to 3,056 USD per month or 36,676 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 New Zealand, see costs of living in New Zealand.
Estimated Yearly Salary for Compensation Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Compensation Specialist salary in New Zealand
Average Yearly Salary of Compensation Specialist in New Zealand is approximately 120,094 NZD (59,937 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?
A 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
Job industry: Human resources
How much does Compensation Specialist make?
Salary details
How much does Compensation Specialist make?Estimated Yearly Salary: 120,094 NZD
Estimated Monthly Salary: 10,008 NZD
Estimated Weekly Salary: 2,310 NZD per week
Estimated Hourly Salary: 58 NZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 116,208 NZDEstimated Monthly Salary: 9,684 NZD
Estimated Weekly Salary: 2,235 NZD per week
Estimated Hourly Salary: 56 NZD per hour
Last revision of data: 2024-01-02Compensation Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 59,937 USD
Estimated Monthly Salary: 4,995 USD
Estimated Weekly Salary: 1,153 USD per week
Estimated Hourly Salary: 29 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
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Country:
Salary comparison to National average
New Zealand, a beautiful island country in the southwestern Pacific Ocean, is known for its stunning landscapes, diverse wildlife, and vibrant Maori culture. With a population of around 5 million people, it is sparsely populated compared to its size. The country covers an area of approximately 268,000 square kilometers and consists of two main islands, the North Island and the South Island, along with numerous smaller islands.
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Compensation Specialist job salary compared to average salary in New Zealand.
Comparison shows that a person working as Compensation Specialist in New Zealand earns on average:
1.49 times the average salary (or 149% of average salary).
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Compensation Specialist job salary compared to average salary in New Zealand.
Comparison shows that a person working as Compensation Specialist in New Zealand earns on average:
1.49 times the average salary (or 149% 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 132,103 NZD and 174,136 NZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Compensation Specialist in New Zealand?
Living in New Zealand the approximate monthly expenses are: 1,938 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: 120,094 NZD
Estimated Monthly Salary: 10,008 NZD
Estimated Weekly Salary: 2,310 NZD per week
Estimated Hourly Salary: 58 NZD per hour
By working as Compensation Specialist a person can save up to 3,056 USD per month or 36,676 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 New Zealand, see costs of living in New Zealand.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Australia, Fiji, New Caledonia, Tonga, Samoa. 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
Australia is 74,911 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 New Zealand
(1,008,623 NZD per year, pre-tax.)
2. Cardiologist
(843,890 NZD per year, pre-tax.)
(810,735 NZD per year, pre-tax.)
(786,864 NZD per year, pre-tax.)
5. Neurosurgeon
(786,039 NZD per year, pre-tax.)
(769,764 NZD per year, pre-tax.)
7. Oncologist
(768,008 NZD per year, pre-tax.)
(767,682 NZD per year, pre-tax.)
(767,202 NZD per year, pre-tax.)
(766,991 NZD per year, pre-tax.)
Data as of 2025Random salary:
Cybercrime investigator (106,387 NZD per year, pre-tax.)
Mes specialist (108,536 NZD per year, pre-tax.)
Office engineer (115,150 NZD per year, pre-tax.)
Publishing manager (84,039 NZD per year, pre-tax.)
Kitchen bath designer salesperson (44,268 NZD per year, pre-tax.)
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