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Analyst, Compensation Salary

Compensation Analysts in the United States can expect to earn an average of $56K per year. Most Compensation Analysts report high levels of job satisfaction. In this profession, a large number enjoy medical and dental coverage, and a fair number have vision insurance, as well. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$40,774 - $74,369
(Median)
$41K
$56K
$74K
MEDIAN: $55,652
10%
50%
90%

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$16.69 - $45.30
(Median)
$17
$23
$45
MEDIAN: $23.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$27K$54K$81K
Salary
$40,774 - $74,369  
   
Bonus
$0.00 - $6,631  
Profit Sharing
$1,250 - $3,500  
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).
)
$41,219 - $78,021  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 199
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22$44$66
Hourly Rate
$16.69 - $45.30  
   
Overtime
$27.61 - $63.62  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $6,631  
   
Profit Sharing
$1,250 - $3,500  
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).
)
$41,219 - $78,021  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 18

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Job Description for Analyst, Compensation

  • 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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Compensation Analysts do not often transition into Compensation Manager roles. The role averages $92K per year. Compensation Analysts typically move into roles as Senior Compensation Analysts or Human Resources Managers, and those positions pay $19K more and $1K more, respectively.

Compensation Analyst Job Listings

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Compensation Analysts note just a narrow range of job skills. Most notably, skills in Microsoft Office, Microsoft Excel, Benefits & Compensation, and Data Analysis are correlated to pay that is above average. Skills that seem to negatively impact pay include Data Analysis and Benefits & Compensation. Many workers who know Microsoft Excel also know Microsoft Office.

Related Job Salaries

United States (change)

Skills That Affect Analyst, Compensation Salaries

National Average
$57,000

Microsoft Excel
up arrow 1%

Microsoft Office
up arrow 1%

Benefits & Compensation
up arrow 8%

Data Analysis
up arrow 10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 54 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
7%
1-4 years
57%
5-9 years
20%
10-19 years
14%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 88%
vision benefits Vision: 76% employee benefits None: 8%