Compensation Analyst Salary

A Compensation Analyst earns an average salary of $57,903 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.
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$43,392 - $76,512
(Median)
$43K
$58K
$77K
MEDIAN: $57,903
10%
50%
90%

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$17.13 - $36.91
(Median)
$17
$25
$37
MEDIAN: $24.00
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
$43,392 - $76,512  
   
Bonus
$0.00 - $8,145  
Profit Sharing
$979 - $9,933  
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).
)
$42,859 - $79,693  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 619
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$15$30$45
Hourly Rate
$17.13 - $36.91  
   
Overtime
$20.86 - $43.40  
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$30K$60K$90K
Bonus
$0.00 - $8,145  
   
Profit Sharing
$979 - $9,933  
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).
)
$42,859 - $79,693  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 69
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

  • Assist in preparation of merit increase and incentive programs and budgeting.
  • Identify relevant market data and trends regarding executive compensation and present recommendations.
  • Review and monitor employee pay and recommend reviews if necessary.
  • Design and prepare ad hoc compensation and budget related reports for management.
  • Write job descriptions and maintain database of all job descriptions.

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

Related Job Salaries

United States (change)

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Experience Affects Compensation Analyst Salaries

Late-Career
up arrow 26%



National Average
$59,000


Skills That Affect Compensation Analyst Salaries

Data Analysis
up arrow 3%

Benefits & Compensation
up arrow 3%

Microsoft Excel
up arrow 1%

Human Resources Information System (HRIS)
up arrow 1%

National Average
$59,000

Microsoft Office
up arrow 1%

Microsoft Word
up arrow 2%

compensation
up arrow 6%

Microsoft Access
up arrow 10%

PeopleSoft
up arrow 11%

Human Resources
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 103 votes.

Gender

Female
65 %
Male
35 %

Years of Experience

Less than 1 year
7%
1-4 years
56%
5-9 years
22%
10-19 years
12%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 85%
vision benefits Vision: 75% employee benefits None: 9%
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