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Compensation agent education requirements

Updated January 8, 2025
3 min read

There are several educational requirements to become a compensation agent. Compensation agents usually study business, economics, or engineering. 64% of compensation agents hold a bachelor's degree, and 18% hold an associate degree. We analyzed 37 real compensation agent resumes to see exactly what compensation agent education sections show.

The most common colleges for compensation agents are the The University of Texas at Arlington and the The University of Texas at Arlington.

There are also many online compensation agent courses to help get the education required to be a compensation agent.

What education do you need to become a compensation agent?

What degree do you need to be a compensation agent?

The most common degree for compensation agents is bachelor's degree, with 64% of compensation agents earning that degree. The second and third most common degree levels are associate degree degree at 18% and associate degree degree at 9%.
  • Bachelor's, 64%
  • Associate, 18%
  • High School Diploma, 9%
  • Master's, 9%

What should I major in to become a compensation agent?

You should major in business to become a compensation agent. 14% of compensation agents major in business. Other common majors for a compensation agent include economics and engineering.

Most common colleges for compensation agents

Compensation agents often get their degrees at The University of Texas at Arlington, The University of Texas Health Science Center at Tyler, and Assumption College. Here are the most common colleges for compensation agents in the US based on their resumes.
Compensation agent common collegePercentages
The University of Texas at Arlington18.18%
The University of Texas Health Science Center at Tyler18.18%
Assumption College9.09%
University of Houston9.09%
The University of Alabama9.09%

Best majors for compensation agents

RankMajorPercentages
1Business14.3%
2Economics9.5%
3Engineering9.5%
4Accounting9.5%
5General Studies9.5%

Best colleges for compensation agents

The best colleges for compensation agents are Northwestern University, University of Pennsylvania, and Columbia University in the City of New York.

A compensation agent with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for compensation agents. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become compensation agents.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

3. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

4. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

5. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

6. Stanford University

Stanford, CA • Private

In-state tuition

$51,354

Enrollment

7,083

7. University of California, Berkeley

Berkeley, CA • Private

In-state tuition

$14,184

Enrollment

30,845

8. University of Wisconsin - Madison

Madison, WI • Private

In-state tuition

$10,555

Enrollment

30,360

9. Columbia University in the City of New York

New York, NY • Private

In-state tuition

$59,430

Enrollment

8,216

10. Johns Hopkins University

Baltimore, MD • Private

In-state tuition

$53,740

Enrollment

5,567

20 best online courses for compensation agents

Advertising disclosure

1. Managing Employee Compensation

coursera

Whether you're writing paychecks or wondering where yours comes from, this course is for you! We begin by asking: "To succeed, what kind of a person does your organization need to attract, retain, and motivate?" From there, we'll explain how to align your organization's objectives, its pay philosophy, and ultimately the way it designs and implements its salary structure, short-term incentives, long-term incentives, and benefits. Interested in learning more about the technical aspects of...

2. Adding a Phone Gateway to a Virtual Agent

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This is a self-paced lab that takes place in the Google Cloud console. In this lab you will continue working on your Pigeon Travel virtual agent and add a phone gateway to allow users to call into your virtual agent...

3. Performance Management and Compensation Management in HRM

udemy
4.4
(276)

Performance Management and Compensation Management Complete Course...

4. Compensation and Benefits for Beginners

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4.3
(486)

This course is a beginners guide to understanding compensation and benefits...

5. Financial Statement Analysis

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4.7
(255)

Learn how to make understanding financial statements your superpower!...

6. Fundamentals of Insurance - 2

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4.4
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Part 2...

7. Fundamentals of Insurance - 1

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4.4
(8,948)

Part 1...

8. Zendesk for Customer Service Agents-Complete Training Course

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4.7
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Learn how to use all available options of Zendesk and manage your tickets like a real PRO. This is a complete training...

9. Value-Based Healthcare: An Introduction (Premium Edition)

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4.4
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Scaling Healthcare ROI – Leveraging Value, Quality, and Cost to Improve Healthcare Delivery and Results...

10. Payment Risk 101

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Learn the Payment 101, Payment Risk and Fraud 101. Learn common methods and prevention...

11. How to Become a Loan Signing Agent & Remote Online Notary

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Learn how to become a profitable signing agent and RON step by step A to Z...

12. Ultimate Payroll Management with Income Tax & Year-End 23-24

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4.2
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Basic to Advanced: Certification in Payroll, Compensation Benefits, Income Tax,Year Ending for Payroll & Human Resources...

13. FinTech - Digital Payments (Card & POS) Tools and Strategies

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Learn about Card and POS business. Basics to Advance of Card payments and backend processes. Digital Banking...

14. Zendesk for Customer Service Agents Training Course

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How to provide great customer support using Zendesk, a course for beginners...

15. Your Customer Service Toolbox: Best Practices for Beginners

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4.5
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Excel as a front-line customer service agent using problem-solving & relationship-building skills, etiquette, and more...

16. Become a Notary Loan Signing Agent

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4.9
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Learn 27 NSA terms, learn 35 documents typically used in a loan signing, common types of signing packages, and more!...

17. Accounting & Financial Statement Analysis: Complete Training

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4.6
(16,804)

Accounting & Financial Ratio Analysis made easy. Learn important accounting skills that will get your foot in the door!...

18. How to Become a Mobile Notary and Loan Signing Agent

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4.4
(2,960)

Learn how to make over six figures as a Real Estate Loan Signing Agent and Mobile Notary...

19. FinTech - Payment Gateway Models and Strategies

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4.2
(582)

Learn the business side of the Payment Gateway system. A practitioner's course on Payment Gateway. Digital Payments...

20. How to Read Financial Statements: Build Financial Literacy.

udemy
4.5
(811)

Read financial statements and speak the language of business without the drudgery of a traditional accounting course...

Top 10 most affordable universities for compensation agents

The most affordable schools for compensation agents are Baruch College of the City University of New York, california state university - long beach, and california state university - bakersfield.

If the best universities for compensation agents are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for compensation agents.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

3. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

4. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

5. California State University - Los Angeles

Los Angeles, CA • Private

In-state tuition

$6,749

Cost of attendance

14,823

6. University of South Florida

Tampa, FL • Private

In-state tuition

$6,410

Cost of attendance

20,456

7. California State University - Fullerton

Fullerton, CA • Private

In-state tuition

$6,886

Cost of attendance

17,645

8. Florida Atlantic University

Boca Raton, FL • Private

In-state tuition

$4,831

Cost of attendance

19,559

9. Florida State University

Tallahassee, FL • Private

In-state tuition

$5,656

Cost of attendance

21,623

10. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

Top 10 hardest universities to get into for compensation agents

The hardest universities for compensation agents to get into are Northwestern University, University of Pennsylvania, and Columbia University in the City of New York.

Some great schools for compensation agents are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for compensation agents based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. Columbia University in the City of New York

New York, NY • Private

Admissions rate

6%

SAT average

1,512

4. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

5. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

6. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

7. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

8. University of California, Berkeley

Berkeley, CA • Private

Admissions rate

15%

SAT average

1,448

9. Northeastern University

Boston, MA • Private

Admissions rate

19%

SAT average

1,466

10. Harvard University

Cambridge, MA • Private

Admissions rate

5%

SAT average

1,520

Top 10 easy-to-apply-to universities for compensation agents

The easiest schools for compensation agents to get into are Mount Saint Mary's University, gwynedd mercy university, and barry university.

Some schools are much easier to get into. If you want to start your career as a compensation agent without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for compensation agents.

1. Mount Saint Mary's University

Los Angeles, CA • Private

Admissions rate

84%

SAT average

1,031

2. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

3. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

4. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

5. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

6. Notre Dame de Namur University

Belmont, CA • Private

Admissions rate

82%

SAT average

983

7. Oregon Institute of Technology

Klamath Falls, OR • Private

Admissions rate

96%

SAT average

1,139

8. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

9. San Francisco State University

San Francisco, CA • Private

Admissions rate

72%

SAT average

1,054

10. Texas A&M University - Kingsville

Kingsville, TX • Private

Admissions rate

89%

SAT average

1,035

Average compensation agent salary by education level

Compensation agents with a Bachelor's degree earn more than those without, at $40,921 annually. With a Master's degree, compensation agents earn a median annual income of $40,831 compared to $38,157 for compensation agents with an Doctorate degree.
Compensation agent education levelCompensation agent salary
Master's Degree$40,831
High School Diploma or Less$33,120
Bachelor's Degree$40,921
Doctorate Degree$38,157
Some College/ Associate Degree$32,998

Compensation agent education FAQs

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.