Compensation Analyst Salary

A Compensation Analyst earns an average salary of $61,207 per year. Most people move on to other jobs if they have more than 20 years' experience in this field. A skill in Microsoft Access is associated with high pay for this job.
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$46,081 - $82,529
$46K
$61K
$83K
MEDIAN: $61,207
10%
50%
90%

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$16.53 - $33.27
$17
$25
$33
MEDIAN: $25.10
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$29K$58K$87K
Salary
$46,081 - $82,529  
   
Bonus
$982 - $9,968  
Profit Sharing
$740 - $5,640  
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).
)
$45,311 - $84,295  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 660
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$17$34$51
Hourly Rate
$16.53 - $33.27  
   
Overtime
$25.96 - $48.26  
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$50K$100K$150K
Bonus
$982 - $9,968  
   
Profit Sharing
$740 - $5,640  
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).
)
$45,311 - $84,295  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 70

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Compensation Analyst

Compensation analysts work with human resource and operations professionals to perform a series of functions that ensure the company offers competitive compensation levels to attract and retain talent. At its core, the compensation analyst administers the company's business unit-specific variable pay programs. The work is ongoing, since the compensation analyst is responsible for reviewing and updating existing pay programs and developing new pay programs. In this review process, the compensation analyst observes the pay process, takes note of any inefficiencies or areas in need of improvement, prepares improvement recommendations along with supporting evidence.

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Compensation Analyst Tasks

  • Ensure company compliance with country specific regulations and laws, including reporting requirements.
  • Monitor cost differentials, taxes for equalization and country specific incentives and variable pay.
  • Analyze country specific data and relevant market trends, develop salary structures and market pricing recommendations.
  • Review and monitor employee pay and recommend reviews if necessary.
  • Identify relevant market data and trends regarding executive compensation and present recommendations.

Common Career Paths for Compensation Analyst


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Compensation Analyst Job Listings

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Popular Skills for Compensation Analyst

Pay by Experience Level for Compensation Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

National Average: $61,929

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Compensation Analyst

Gender

Female
64 %
Male
36 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 97 votes.
Less than 1 year
8%
1-4 years
56%
5-9 years
20%
10-19 years
13%
20 years or more
4%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Compensation Analyst Salaries

▲22%

▲19%

▲13%

National Average
$62,000

▼5%

Skills That Affect Compensation Analyst Salaries

Microsoft Access
▲20%

Project Management
▲3%





Microsoft Word
▼0%

National Average
$62,000


compensation
▼7%

PeopleSoft
▼16%

Human Resources
▼22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 97 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

Less than 1 year
8%
1-4 years
56%
5-9 years
20%
10-19 years
13%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 85%
vision benefits
Vision: 77%
dental benefits
None: 10%
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