Home > Salary > Sweden > Compensation Manager
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.
Estimated Yearly Salary: 1,394,495 SEK
Estimated Monthly Salary: 116,208 SEK
Estimated Weekly Salary: 26,817 SEK per week
Estimated Hourly Salary: 670 SEK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 112,029 SEK
Estimated Weekly Salary: 25,853 SEK per week
Estimated Hourly Salary: 646 SEK per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 126,119 USD
Estimated Monthly Salary: 10,510 USD
Estimated Weekly Salary: 2,425 USD per week
Estimated Hourly Salary: 61 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 1,394,495 SEK
Estimated Monthly Salary: 116,208 SEK
Estimated Weekly Salary: 26,817 SEK per week
Estimated Hourly Salary: 670 SEK per hour
By working as Compensation Manager a person can save up to 7,990 USD per month or 95,884 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 Sweden, see costs of living in Sweden.
Estimated Yearly Salary for Compensation Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Crm coordinator (611,754 SEK per year, pre-tax.)
User acceptance testing (uat), supervisor (662,862 SEK per year, pre-tax.)
Emergency room (er), secretary (368,109 SEK per year, pre-tax.)
Petroleum geologist (1,051,814 SEK per year, pre-tax.)
Country manager general operations (1,616,230 SEK per year, pre-tax.)
Compensation Manager salary in Sweden
Average Yearly Salary of Compensation Manager in Sweden is approximately 1,394,495 SEK (126,119 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
Job industry: Human resources
How much does Compensation Manager make?
Salary details
How much does Compensation Manager make?Estimated Yearly Salary: 1,394,495 SEK
Estimated Monthly Salary: 116,208 SEK
Estimated Weekly Salary: 26,817 SEK per week
Estimated Hourly Salary: 670 SEK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,344,343 SEKEstimated Monthly Salary: 112,029 SEK
Estimated Weekly Salary: 25,853 SEK per week
Estimated Hourly Salary: 646 SEK per hour
Last revision of data: 2024-01-09Compensation Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 126,119 USD
Estimated Monthly Salary: 10,510 USD
Estimated Weekly Salary: 2,425 USD per week
Estimated Hourly Salary: 61 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Sweden is a Scandinavian country located in Northern Europe. With a population of about 10 million people, it is known for its high standard of living and social welfare system. The country covers an area of approximately 450,000 square kilometers, making it the third-largest country in the European Union.
Estimated national average yearly salary is 619,985 SEK (62,990 USD). Value indicated is pre-tax. Below graph shows estimated Compensation Manager job salary compared to average salary in Sweden.
Comparison shows that a person working as Compensation Manager in Sweden earns on average:
2.25 times the average salary (or 225% of average salary).
Estimated national average yearly salary is 619,985 SEK (62,990 USD). Value indicated is pre-tax. Below graph shows estimated Compensation Manager job salary compared to average salary in Sweden.
Comparison shows that a person working as Compensation Manager in Sweden earns on average:
2.25 times the average salary (or 225% of average salary).
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 1,533,945 SEK and 2,022,018 SEK. However this is an estimation based on Gaussian Distribution.How much can you save working as Compensation Manager in Sweden?
Living in Sweden the approximate monthly expenses are: 2,520 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: 1,394,495 SEK
Estimated Monthly Salary: 116,208 SEK
Estimated Weekly Salary: 26,817 SEK per week
Estimated Hourly Salary: 670 SEK per hour
By working as Compensation Manager a person can save up to 7,990 USD per month or 95,884 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 Sweden, see costs of living in Sweden.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Finland, Denmark. 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
Norway is 192,033 USD
Finland is 109,220 USD
Denmark is 147,161 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 Sweden
(7,223,053 SEK per year, pre-tax.)
2. Cardiologist
(6,013,052 SEK per year, pre-tax.)
(5,814,859 SEK per year, pre-tax.)
4. Neurosurgeon
(5,644,125 SEK per year, pre-tax.)
(5,623,491 SEK per year, pre-tax.)
(5,514,530 SEK per year, pre-tax.)
(5,504,834 SEK per year, pre-tax.)
(5,496,013 SEK per year, pre-tax.)
9. Oncologist
(5,491,612 SEK per year, pre-tax.)
(5,485,345 SEK per year, pre-tax.)
Data as of 2025Random salary:
Crm coordinator (611,754 SEK per year, pre-tax.)
User acceptance testing (uat), supervisor (662,862 SEK per year, pre-tax.)
Emergency room (er), secretary (368,109 SEK per year, pre-tax.)
Petroleum geologist (1,051,814 SEK per year, pre-tax.)
Country manager general operations (1,616,230 SEK per year, pre-tax.)
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