What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Analyst, Compensation Salary

Median pay for Compensation Analysts in the United States lies in the neighborhood of $56K annually. Most have medical and dental plans, and a strong majority have vision insurance. Job satisfaction for Compensation Analysts is high. Men are in the minority of survey respondents, with female Compensation Analysts making up 70 percent. This report is based on responses to the PayScale salary survey.
Read More
$40,843 - $75,383
(Median)
$41K
$56K
$75K
MEDIAN: $55,861
10%
50%
90%

Add this chart to your site: 640px    300px

$16.29 - $36.06
(Median)
$16
$23
$36
MEDIAN: $22.00
10%
50%
90%

Add this chart to your site: 640px    300px

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
$40,843 - $75,383  
   
Bonus
$0.00 - $6,749  
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).
)
$41,178 - $78,479  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 184
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 - $6,749  
   
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).
)
$41,178 - $78,479  
Country: United States | Currency: USD | Updated: 2 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.

Read More...

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


Add this chart to your site:   640px 640px    300px 300px


Compensation Analysts sometimes assume positions such as Compensation Managers. That role pays $92K per year on average. The most common next step for a Compensation Analyst is to become a Senior Compensation Analyst or a Human Resources Manager. The former position pays an additional $19K per year on average, and the latter position pays $1K more per year.

Compensation Analyst Job Listings

Search for more jobs:


Compensation Analysts usually report a few specific skills. Most notably, skills in Microsoft Office, Microsoft Excel, Benefits & Compensation, and Data Analysis are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, 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 48 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
13%
20 years or more
3%

Common Health Benefits

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