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Analyst, Compensation Salary

Compensation Analysts in the United States can expect wages of $56K per year on average. A large number enjoy medical and dental coverage in this occupation, and a fair number get vision benefits. Most workers in this position report high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$40,963 - $75,709
(Median)
$41K
$56K
$76K
MEDIAN: $55,762
10%
50%
90%

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$16.29 - $36.06
(Median)
$16
$23
$36
MEDIAN: $22.00
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
$40,963 - $75,709  
   
Bonus
$0.00 - $6,780  
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).
)
$41,278 - $78,777  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 179
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
$16.29 - $36.06  
   
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 - $6,780  
   
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).
)
$41,278 - $78,777  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 15

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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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It's not very common for Compensation Analysts to move on to become Compensation Managers. Average pay for a Compensation Manager is $92K annually. Compensation Analysts most often move into positions as Senior Compensation Analysts or Human Resources Managers; those groups report median salaries that are $19K higher and $1K higher, respectively.

Compensation Analyst Job Listings

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Survey results show that Compensation Analysts typically report just a few professional 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. Microsoft Excel and Microsoft Office are also commonly seen together.

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

Extremely satisfied
Rated 5 out of 5
based on 46 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
7%
1-4 years
57%
5-9 years
21%
10-19 years
12%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 88%
vision benefits Vision: 76% employee benefits None: 9%
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