Analyst, Compensation Salary

Compensation Analysts in the United States take home approximately $60K per year on average. A large number enjoy medical while most get dental coverage. Vision coverage is also available to more than half. Most workers in this position report high levels of job satisfaction. Most Compensation Analysts survey respondents are women (73 percent). The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$41,247 - $77,303
$41K
$60K
$77K
MEDIAN: $59,593
10%
50%
90%

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$17.23 - $32.76
$17
$23
$33
MEDIAN: $22.61
10%
50%
90%

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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
$41,247 - $77,303  
   
Bonus
$-0.50 - $12,723  
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).
)
$41,518 - $81,083  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 45
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
$17.23 - $32.76  
   
Overtime
$30.00  
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
$-0.50 - $12,723  
   
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).
)
$41,518 - $81,083  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 11

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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

  • 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 moving up in their careers tend to step into positions as Senior Compensation Analysts or Compensation Managers. The median paychecks in those roles are $19K higher and $36K higher, respectively.

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Key Stats for Analyst, Compensation

Gender

Female
73 %
Male
27 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.
Less than 1 year
11%
1-4 years
57%
5-9 years
18%
10-19 years
9%
20 years or more
5%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Analyst, Compensation Salaries

Mid-Career
▲21%

National Average
$58,000

▼1%

Skills That Affect Analyst, Compensation Salaries

Microsoft Excel
▲1%

National Average
$58,000

Microsoft Office
▼3%

Benefits & Compensation
▼10%

Data Analysis
▼12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.

Gender

Female
73 %
Male
27 %

Years of Experience

Less than 1 year
11%
1-4 years
57%
5-9 years
18%
10-19 years
9%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 81%
vision benefits
Vision: 62%
no benefits
None: 12%
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