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Human Resources

Salary for position Compensation & Benefit Specialist in Latvia

The average monthly net salary in Latvia is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
1,199 - 2,921 USD
10% earn less lthan 1,199 USD
10% earns more than 2,921 USD
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Salaries in the survey are expressed in net.

Based on the Algas.lv salary survey, 80% of people on the Compensation & Benefit Specialist position in the Latvia earn between 1,199 USD and 2,921 USD monthly net.

10% of employees earn less than 1,199 USD and 10% of people earn more than 2,921 USD.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does Compensation & Benefit Specialist typically do

  • Participating in the setting of reward strategies within the company.
  • Planning of personal costs.
  • Watching withdrawals from the funds earmarked for the remuneration of employees.
  • Reevaluating the height of salaries and provided benefits.
  • Solving problems connected with remuneration.

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The most common career path of an employee

The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.

Position: Compensation & Benefit Specialist

The job position is
in the salary ranking on

226 place

Women representation in position

100%

Average age of respondent in position

31

606. place

Au-pair

General labour

Salary group 1

710 - 1,120 USD

227. place

State Advisor

Public Administration, Self-governance

Salary group 2

1,260 - 2,826 USD

226. place

Compensation & Benefit Specialist

Human Resources

Salary group 2

1,199 - 2,921 USD

225. place

VAT specialist

Economy, Finance, Accountancy

Salary group 2

1,073 - 3,111 USD

1. place

Pilot

Transport, Haulage, Logistics

Salary group 3

2,933 - 10,166 USD

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  • Salary for the position by region, education, experience, company size, age
  • Distribution of respondents into wage bands
  • Salary range from 1st to 9th decile
  • A breakdown of all monitored non-financial benefits
  • Analysis of financial benefits
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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Compensation & Benefit Specialist.

The total gross salary for the position Compensation & Benefit Specialist ranges between 904 USD and 4,003 USD per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Algas.lv to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Compensation & Benefit Specialist have a total gross salary of at least 2,921 USD per month.

10% of the highest-earning employees in this position have a total gross salary higher than 2,921 USD per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 1,199 USD per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Compensation & Benefit Specialist earns 2,217 USD per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Algas.lv you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Compensation & Benefit Specialist, we currently have less than 20 verified respondents collected.