Analyst, Compensation Salary

The average Compensation Analyst in the United States earns approximately $60K per year. A large number report receiving medical coverage from their employers and most collect dental insurance. Job satisfaction is high and work is enjoyable for most Compensation Analysts. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$41,817 - $77,468
$42K
$60K
$77K
MEDIAN: $60,011
10%
50%
90%

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$19.89 - $32.02
$23
MEDIAN: $23.13
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
$41,817 - $77,468  
   
Bonus
$0.00 - $12,774  
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).
)
$42,100 - $82,117  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 44
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
$23.13  
   
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 - $12,774  
   
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).
)
$42,100 - $82,117  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 6

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United States (change)

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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

  • 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.
  • Design and prepare ad hoc compensation and budget related reports for management.
  • Write job descriptions and maintain database of all job descriptions.
  • Assist in preparation of merit increase and incentive programs and budgeting.

Common Career Paths for Analyst, Compensation


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As Compensation Analysts transition into upper-level roles such as Compensation Manager, they may see a strong upturn in salary. Compensation Managers earn $101K on average per year. Senior Compensation Analysts or Compensation Managers are common next-step roles for Compensation Analysts moving up in their careers; annual pay for Senior Compensation Analysts is $17K higher on average, and it's $34K higher for Compensation Managers.

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Key Stats for Analyst, Compensation

Gender

Female
70 %
Male
30 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.
Less than 1 year
12%
1-4 years
56%
5-9 years
18%
10-19 years
10%
20 years or more
4%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Analyst, Compensation Salaries

Mid-Career
▲17%

National Average
$60,000

▼3%

Skills That Affect Analyst, Compensation Salaries

National Average
$60,000

Microsoft Excel
▼1%

Microsoft Office
▼6%

Benefits & Compensation
▼13%

Data Analysis
▼15%

Job Satisfaction

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

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
12%
1-4 years
56%
5-9 years
18%
10-19 years
10%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 84%
vision benefits
Vision: 65%
dental benefits
None: 11%
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