How to become an executive compensation consultant

Professionals need a combination of advanced education and related work experience to become a Compensation Consultant at the executive level.

Responsibilities

These executive level professionals are relied upon to carefully manage the company’s employment compensation.A mix of planning, directing and coordinating is required for executive compensation consultants to determine how much a company pays its employees.

Executive compensation consultants typically perform the following:

  • Set pay structure within a company and its determine its benefit offerings
  • Evaluate employee benefits and choose outside partners such as investment brokers and health insurance benefits vendors
  • Oversee the distribution of employee pay and benefits
  • Prepare program budgets and keep operations within budget

Average salaries

Executive compensation consultants with Master’s degree can expect to earn approximately $108,070 annually, with a projected job growth in their field at 3-7%.

Work environment

Executive compensation consultants work in nearly every industry. They normally work in an office and are supported by a staff. A 40-hour week is typical.

College degree

Earning a Masters of Business Administration at Spring Arbor University Online can provide the advanced business knowledge and training that employers seek in an executive compensation consultant.


About SAU Online

Since 1873, Spring Arbor University has helped students pursue wisdom by offering an education grounded in the Christian faith. What began as a small elementary and secondary school in the late 1800s has evolved into a premier private Christian university that offers engaging online programs designed to meet the unique needs of busy, working adults. While we’re not the only university to offer online degree programs, our distinction lies in our total commitment to providing educational excellence within a Christ-honoring and supportive online community.

Featuring Highly-Ranked and Respected Programs

HLC NCAccne-logo US News Best Colleges Badge Best Christian Colleges and Universities Best Christian Colleges and Universities Best Christian Colleges and Universities

The baccalaureate degree program in nursing and master degree program in nursing at Spring Arbor University are accredited by
the Commission on Collegiate Nursing Education, 655 K Street, NW, Suite 750, Washington, DC 20001, 202-887-6791