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Analyst, Compensation Salary

Compensation Analysts in the United States can expect wages of $56K annually on average. There are more female Compensation Analysts who answered the questionnaire than male, making up 69 percent. Nearly all receive medical and dental insurance and a strong majority get vision plans. For the most part, Compensation Analysts enjoy their work and report high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.
$40,385 - $75,058
(Median)
40K
56K
67K
75K
MEDIAN: $55,710
10%
50%
75%
90%

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$12.42 - $44.38
(Median)
12
19
31
44
MEDIAN: $22.00
10%
25%
75%
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
$40,385 - $75,058  
   
Bonus
$0.00 - $7,003  
Profit Sharing
$1,458 - $3,561  
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).
)
$40,513 - $78,853  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 258
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
$12.42 - $44.38  
   
Overtime
$20.61 - $63.02  
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 - $7,003  
   
Profit Sharing
$1,458 - $3,561  
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).
)
$40,513 - $78,853  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 21
United States (change)

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 who advance into the role of a Compensation Manager are fairly uncommon. Compensation Managers on average earn $92K per year. When Compensation Analysts are ready for the next step in their careers, they often become Senior Compensation Analysts or Human Resources Managers. Those roles pay an additional $19K and $1K, respectively.

Compensation Analyst Job Listings

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Just a handful of professional skills are reported by Compensation Analysts who took the survey. Most notably, skills in Microsoft Office, Microsoft Excel, Data Analysis, and Benefits & Compensation are correlated to pay that is above average. At the other end of the pay range are skills like Benefits & Compensation. Those with knowledge of Microsoft Excel tend to be skilled in Microsoft Office as well.

Related Job Salaries

Skills That Affect Analyst, Compensation Salaries

Microsoft Office
0%

National Average
$56,000

Microsoft Excel
up arrow 1%

Data Analysis
up arrow 1%

Benefits & Compensation
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 78 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
7%
1-4 years
55%
5-9 years
21%
10-19 years
14%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 89%
vision benefits Vision: 77% employee benefits None: 8%