Analyst, Compensation Salary

Compensation Analysts in the United States can expect wages of $57K per year on average. Female Compensation Analysts are more common than men among those who completed the survey; more than half (69 percent) are women. Most Compensation Analysts like their work and job satisfaction is high. A large number receive medical and dental insurance and the greater part get vision insurance. This overview is based on answers to PayScale's salary questionnaire.
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$41,191 - $72,991
(Median)
$41K
$57K
$73K
MEDIAN: $57,219
10%
50%
90%

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$16.91 - $44.70
(Median)
$17
$25
$45
MEDIAN: $25.00
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$27K$54K$81K
Salary
$41,191 - $72,991  
   
Bonus
$0.00 - $6,000  
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).
)
$41,484 - $79,591  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 102
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$15$30$45
Hourly Rate
$16.91 - $44.70  
   
Overtime
$32.48  
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$30K$60K$90K
Bonus
$0.00 - $6,000  
   
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).
)
$41,484 - $79,591  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 10
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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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While Compensation Analysts do not often become Compensation Managers, the job pays $92K per year on average. A more likely transition for Compensation Analysts is Senior Compensation Analyst or Human Resources (HR) Manager.

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Job skills reported by Compensation Analysts are limited. Most notably, skills in Microsoft Excel, Microsoft Office, Benefits & Compensation, and Data Analysis are correlated to pay that is above average. Skills that seem to negatively impact pay include Data Analysis, Benefits & Compensation, and Microsoft Office.

Related Job Salaries

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Skills That Affect Analyst, Compensation Salaries

National Average
$58,000

Microsoft Excel
up arrow 3%

Microsoft Office
up arrow 4%

Benefits & Compensation
up arrow 10%

Data Analysis
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 15 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
10%
1-4 years
54%
5-9 years
20%
10-19 years
14%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 86%
medical benefits
Vision: 68%
dental benefits
None: 11%
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