Home > Salary > Sri Lanka > Senior Compensation Consultant
A senior compensation consultant is responsible for designing, implementing, and managing compensation programs within an organization. They analyze market data, conduct salary surveys, and develop competitive compensation strategies to attract and retain top talent. They collaborate with HR teams to ensure that compensation practices align with the company's goals and comply with legal requirements. Additionally, they provide guidance on incentive plans, equity programs, and executive compensation packages. Senior compensation consultants also play a key role in evaluating job roles, conducting job evaluations, and making recommendations for salary adjustments or promotions. They stay updated on industry trends, regulations, and best practices to continuously improve compensation programs and ensure fairness and equity across the organization.
Estimated Yearly Salary: 3,995,507 LKR
Estimated Monthly Salary: 332,959 LKR
Estimated Weekly Salary: 76,837 LKR per week
Estimated Hourly Salary: 1,921 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 321,814 LKR
Estimated Weekly Salary: 74,265 LKR per week
Estimated Hourly Salary: 1,857 LKR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 11,516 USD
Estimated Monthly Salary: 960 USD
Estimated Weekly Salary: 221 USD per week
Estimated Hourly Salary: 6 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: 3,995,507 LKR
Estimated Monthly Salary: 332,959 LKR
Estimated Weekly Salary: 76,837 LKR per week
Estimated Hourly Salary: 1,921 LKR per hour
By working as Senior Compensation Consultant a person can save up to 735 USD per month or 8,823 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 Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Senior Compensation Consultant
Last revision of data: 2025-01-04
Data as of 2025
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Senior Compensation Consultant salary in Sri Lanka
Average Yearly Salary of Senior Compensation Consultant in Sri Lanka is approximately 3,995,507 LKR (11,516 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 Senior Compensation Consultant do?
A senior compensation consultant is responsible for designing, implementing, and managing compensation programs within an organization. They analyze market data, conduct salary surveys, and develop competitive compensation strategies to attract and retain top talent. They collaborate with HR teams to ensure that compensation practices align with the company's goals and comply with legal requirements. Additionally, they provide guidance on incentive plans, equity programs, and executive compensation packages. Senior compensation consultants also play a key role in evaluating job roles, conducting job evaluations, and making recommendations for salary adjustments or promotions. They stay updated on industry trends, regulations, and best practices to continuously improve compensation programs and ensure fairness and equity across the organization.
Skills: compensation consultant, compensation strategy, salary surveys, incentive plans, job evaluations, executive compensation
Job industry: Human resources
Job industry: Human resources
How much does Senior Compensation Consultant make?
Salary details
How much does Senior Compensation Consultant make?Estimated Yearly Salary: 3,995,507 LKR
Estimated Monthly Salary: 332,959 LKR
Estimated Weekly Salary: 76,837 LKR per week
Estimated Hourly Salary: 1,921 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,861,763 LKREstimated Monthly Salary: 321,814 LKR
Estimated Weekly Salary: 74,265 LKR per week
Estimated Hourly Salary: 1,857 LKR per hour
Last revision of data: 2024-01-02Senior Compensation Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,516 USD
Estimated Monthly Salary: 960 USD
Estimated Weekly Salary: 221 USD per week
Estimated Hourly Salary: 6 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
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Senior Compensation Consultant job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Senior Compensation Consultant in Sri Lanka earns on average:
2.24 times the average salary (or 224% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Senior Compensation Consultant job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Senior Compensation Consultant in Sri Lanka earns on average:
2.24 times the average salary (or 224% of average salary).
Is Senior Compensation Consultant a well paid job?
Yes, our data show that Senior Compensation Consultant 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 Senior Compensation Consultant?
High salary for Senior Compensation Consultant would be somewhere between 4,395,058 LKR and 5,793,485 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Compensation Consultant in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 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: 3,995,507 LKR
Estimated Monthly Salary: 332,959 LKR
Estimated Weekly Salary: 76,837 LKR per week
Estimated Hourly Salary: 1,921 LKR per hour
By working as Senior Compensation Consultant a person can save up to 735 USD per month or 8,823 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 Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Senior Compensation Consultant
India is 45,774 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 Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
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Paint manager (2,779,817 LKR per year, pre-tax.)
Simulation programmer (2,981,122 LKR per year, pre-tax.)
Corporate travel consultant (1,612,509 LKR per year, pre-tax.)
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