Pay for Compensation Analysts in the United States sits in the ballpark of $60K annually. Women make up the majority of Compensation Analysts (68 percent) who completed the questionnaire. The majority of Compensation Analysts claim high levels of job satisfaction. Most report receiving medical coverage from their employers and a large number collect dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$41,486 - $77,968
(Median)
$41K
$60K
$78K
MEDIAN: $60,013
10%
50%
90%

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$19.77 - $32.36
(Median)
$
$20
$
MEDIAN: $20
50%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Salary
$41,486 - $77,968  
   
Bonus
$0.00 - $11,074  
Profit Sharing
$900  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$41,884 - $81,083  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 41
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$20.48  
   
Overtime
$31.18  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$0.00 - $11,074  
   
Profit Sharing
$900  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$41,884 - $81,083  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 5

Find Out Exactly What You Should Be Paid

United States (change)

Comp Managers: Start Here »

Job Description for Analyst, Compensation

Compensation analysts work directly for companies or agencies which serve various companies to help them determine compensation structures, processes, and practices, as well as provide suggestions for compensation levels and incentive programs such as bonuses. These analysts must conduct research and various analyses in order to develop specialized plans for their companies' needs, and they may also conduct surveys and interviews within their companies.

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Analyst, Compensation Tasks

  • Write job descriptions and maintain database of all job descriptions.
  • Assist in preparation of merit increase and incentive programs and budgeting.
  • Design and prepare ad hoc compensation and budget related reports for management.
  • Participate in salary surveys, and analyze data from survey sources to determine competitiveness both internally and externally.
  • Price new jobs utilizing salary surveys or slotting.

Common Career Paths for Analyst, Compensation


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At the upper end, Compensation Analysts who move into a Compensation Manager role can end up with a hefty increase in pay. The average income for Compensation Managers is a much higher $101K per year. Compensation Analysts most often move into positions as Senior Compensation Analysts or Compensation Managers; those groups report median salaries that are $17K higher and $34K higher, respectively.

Compensation Analyst Job Listings

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Years in Fields/Career:
United States (change)

Experience Affects Analyst, Compensation Salaries

Mid-Career
up arrow 14%

National Average
$60,000


Skills That Affect Analyst, Compensation Salaries

National Average
$60,000

Microsoft Excel
up arrow 1%

Microsoft Office
up arrow 7%

Benefits & Compensation
up arrow 13%

Data Analysis
up arrow 15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.

Gender

Female
68 %
Male
32 %

Years of Experience

Less than 1 year
13%
1-4 years
54%
5-9 years
17%
10-19 years
11%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 82%
medical benefits
Vision: 62%
dental benefits
None: 12%
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