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salary information

Salary Information for a Compensation Management in Wichita, KS

Median salary:

This data reflects Total Cash for a Level 3 Compensation Management at a mid-size company. To get more detailed information on total compensation for the role of Compensation Management in Wichita, KS, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
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Behind the numbers

What is the adjusted total comp for a Compensation Management in Wichita, KS?

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 Wichita, KS?

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 3 Compensation Management?

A level 3 Compensation Management in Wichita, KS works directly with senior management to drive company objectives and creatively achieve goals.

Compensation Management

Benchmark Role

Management

Job Type

Compensation

Job Family

Business

Job Area

Living in Wichita, KS on a $142,575 Salary

Overview of Cost of Living

  • Affordability: Wichita, Kansas, offers a lower cost of living compared to the national average, making a salary of $142,575 quite substantial.
  • Cost of Goods and Services: Everyday expenses such as groceries, utilities, and transportation generally cost less than in many other parts of the United States.
  • Income Efficiency: With the given salary, an individual can enjoy a comfortable standard of living with discretionary income available for savings and leisure.

Housing Market Analysis

  • Median Home Price: As of the latest data, the median home price in Wichita is significantly lower than the national average, providing more purchasing power for homebuyers.
  • Housing Affordability: A salary of $142,575 puts homeownership comfortably within reach, with the ability to purchase larger or more desirable properties compared to other regions.
  • Investment Potential: The relatively low entry point for real estate makes Wichita an attractive market for property investments.

Quality of Life

  • Community and Environment: Wichita offers a blend of urban and suburban living with a strong sense of community, friendly neighborhoods, and a slower-paced lifestyle.
  • Entertainment and Recreation: Residents can enjoy a variety of cultural attractions, parks, and recreational activities, enhancing overall life satisfaction.
  • Commute: The average commuting time in Wichita is shorter than in larger metropolitan areas, contributing to a better work-life balance.

Access to Healthcare

  • Healthcare Facilities: Wichita is home to several reputable hospitals and clinics, providing comprehensive medical services.
  • Healthcare Costs: The cost of healthcare remains relatively affordable, and insurance options are plentiful, ensuring broad accessibility to medical care.

Quality of K-12 Schools

  • Education Options: The city boasts a number of quality public and private schools, offering diverse educational opportunities for families.
  • Academic Performance: Many of Wichita's schools maintain above-average academic standards and extracurricular programs, supporting well-rounded student development.
  • School Support Services: Access to supportive services for students, including special education and gifted programs, are widely available.

Assessment

Living in Wichita, KS, with a salary of $142,575 provides a high quality of life, with excellent housing affordability, reasonable costs for goods and services, and a welcoming community environment. The city's healthcare and education systems further enhance the appeal of residing in

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OpenComp aggregates multiple data sources to provide accurate salary data for Wichita, KS, specifically for a Level 3 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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