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salary information

Salary Information for a Compensation Management in Oklahoma City, OK

Median salary:

This data reflects Total Cash for a Level 5 Compensation Management at a mid-size company. To get more detailed information on total compensation for the role of Compensation Management in Oklahoma City, OK, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

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Behind the numbers

What is the adjusted total comp for a Compensation Management in Oklahoma City, OK?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

Total Comp (TC)

Cost of Living (COL) Index
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Compensation Management in Oklahoma City, OK?

Designs, administers and oversees a company's compensation and rewards programs, including base salary, short- & long-term incentive programs, job analysis & evaluations, salary survey participation and procurement. Conducts market analysis of company jobs to determine competitive positioning of the organization's pay programs. Participates in annual salary administration programs including salary structure creation and maintenance and development of incentive or salary increase budgets. Ensures that all compensation-related activities are in compliance with applicable regulations and standards.

What are the characteristics of a level 5 Compensation Management?

A level 5 Compensation Management in Oklahoma City, OK works directly with leadership team (and sometimes executive staff in smaller organizations) to establish strategic plans and objectives.

Compensation Management

Benchmark Role

Management

Job Type

Compensation

Job Family

Business

Job Area

Quality of Life in Oklahoma City, OK for a $179,100 Annual Salary

Overview of Cost of Living

  • Cost Advantage: Oklahoma City is known for its relatively low cost of living compared to other major cities in the United States.
  • Comparison to National Average: The cost of living is approximately 15% lower than the national average, contributing to higher disposable income for residents.
  • Utilities and Groceries: These costs are also below the national average, ensuring that everyday expenses remain manageable.

Housing Market

  • Home Prices: The median home price in Oklahoma City is significantly lower than the national median, offering more affordable homeownership opportunities.
  • Housing Affordability: With a $179,100 annual salary, purchasing a quality home or maintaining a comfortable mortgage is attainable.
  • Real Estate Market: The market tends to be stable with gradual appreciation, making it a solid investment location.

Quality of Life

  • Income Sufficiency: An income of $179,100 allows for a comfortable lifestyle with the ability to save and invest.
  • Cultural and Entertainment Options: The city offers a range of cultural activities, dining options, and entertainment venues catering to diverse interests.
  • Commute and Transportation: Traffic congestion is typically lower than in larger metropolitan areas, contributing to a less stressful daily commute.

Access to Healthcare

  • Healthcare Facilities: Oklahoma City has a number of reputable hospitals and clinics, offering comprehensive medical services.
  • Cost of Healthcare: Healthcare costs are in line with the national average but remain accessible due to the lower overall cost of living.
  • Health Insurance: With a high income, healthcare coverage and out-of-pocket expenses are generally manageable.

Quality of K-12 Schools

  • Public Schools: The city is home to a mix of highly-rated public schools and schools requiring improvement, making school selection important.
  • Education Options: There are also private and charter schools available, providing alternatives for diverse educational needs.
  • School and Community Support: Many areas benefit from active community involvement and support for educational initiatives.

Summary

Living in Oklahoma City on an annual income of $179,100 provides a high standard of living. The city's lower cost of living, affordable housing market, and range of amenities make it a favorable location for individuals seeking financial stability and quality of life. Access to reliable healthcare and a variety of educational options further

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OpenComp aggregates multiple data sources to provide accurate salary data for Oklahoma City, OK, specifically for a Level 5 Compensation Management. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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