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Compensation director education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a compensation director. Compensation directors usually study business, human resources management, or psychology. 74% of compensation directors hold a bachelor's degree, and 20% hold an master's degree. We analyzed 932 real compensation director resumes to see exactly what compensation director education sections show.

The most common colleges for compensation directors are the Pennsylvania State University and the Pennsylvania State University.

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

There are certain compensation director certifications that you should consider. These compensation director certifications include Certified Cost Professional (CCP) and Senior Professional in Human Resources (SPHR).

What education do you need to become a compensation director?

What degree do you need to be a compensation director?

The most common degree for compensation directors is bachelor's degree, with 74% of compensation directors earning that degree. The second and third most common degree levels are master's degree degree at 20% and master's degree degree at 3%.
  • Bachelor's, 74%
  • Master's, 20%
  • Associate, 3%
  • Doctorate, 2%
  • Other Degrees, 1%

What should I major in to become a compensation director?

You should major in business to become a compensation director. 30% of compensation directors major in business. Other common majors for a compensation director include human resources management and psychology.

Most common colleges for compensation directors

Compensation directors often get their degrees at Pennsylvania State University, Rutgers, The State University of New Jersey, and University of Maryland - College Park. Here are the most common colleges for compensation directors in the US based on their resumes.
Compensation director common collegePercentages
Pennsylvania State University7.32%
Rutgers, The State University of New Jersey7.32%
University of Maryland - College Park6.50%
Fairleigh Dickinson University6.50%
Cornell University6.50%

Best majors for compensation directors

RankMajorPercentages
1Business30.4%
2Human Resources Management13.0%
3Psychology9.4%
4Accounting6.8%
5Finance6.5%

Best colleges for compensation directors

The best colleges for compensation directors are University of Pennsylvania, Northwestern University, and Boston University.

A compensation director 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 directors. 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 directors.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

3. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

4. SUNY College at Oswego

Oswego, NY • Private

In-state tuition

$8,440

Enrollment

7,039

5. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

6. Baylor University

Waco, TX • Private

In-state tuition

$45,542

Enrollment

14,159

7. Ball State University

Muncie, IN • Private

In-state tuition

$9,896

Enrollment

15,529

8. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

9. Villanova University

Villanova, PA • Private

In-state tuition

$53,308

Enrollment

6,819

10. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

20 best online courses for compensation directors

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Top 10 most affordable universities for compensation directors

The most affordable schools for compensation directors are Baruch College of the City University of New York, suny farmingdale, and california state university - dominguez hills.

If the best universities for compensation directors 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 directors.

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. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

3. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

4. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

5. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

6. University of Puerto Rico - Mayaguez

Mayaguez, PR • Private

In-state tuition

$4,094

Cost of attendance

14,302

7. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

8. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

9. Florida State University

Tallahassee, FL • Private

In-state tuition

$5,656

Cost of attendance

21,623

10. Florida Atlantic University

Boca Raton, FL • Private

In-state tuition

$4,831

Cost of attendance

19,559

Top 10 hardest universities to get into for compensation directors

The hardest universities for compensation directors to get into are University of Pennsylvania, Northwestern University, and Boston University.

Some great schools for compensation directors 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 directors 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. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

2. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

3. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

4. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

5. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

6. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

7. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

8. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

9. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

10. George Washington University, The

Washington, DC • Private

Admissions rate

42%

SAT average

1,380

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

The easiest schools for compensation directors to get into are Oklahoma Wesleyan University, holy names university, and gwynedd mercy university.

Some schools are much easier to get into. If you want to start your career as a compensation director 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 directors.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

3. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

4. Nyack College

New York, NY • Private

Admissions rate

98%

SAT average

999

5. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

6. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

7. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

8. La Roche College

Pittsburgh, PA • Private

Admissions rate

99%

SAT average

1,008

9. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

10. Holy Family University

Philadelphia, PA • Private

Admissions rate

72%

SAT average

1,017

Average compensation director salary by education level

According to our data, compensation directors with a Bachelor's degree earn the highest average salary, at $135,063 annually. Compensation directors with a Associate degree earn an average annual salary of $115,906.
Compensation director education levelCompensation director salary
Bachelor's Degree$135,063
Some College/ Associate Degree$115,906

Compensation director 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.

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