A Compensation Analyst earns an average salary of $56,796 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.
Compensation Analyst Total Pay (?
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.
)
$41,421 - $75,851
(Median)
41K
49K
57K
67K
76K
MEDIAN: $56,796
10%
25%
50%
75%
90%
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Compensation Analyst Total Pay (?
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.
)
$17.43 - $36.87
(Median)
17
23
27
37
MEDIAN: $23.00
10%
50%
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$26K$52K$78K
Salary
$41,421 - $75,851  
   
Bonus
$0.00 - $6,781  
Profit Sharing
$1.14 - $10,101  
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).
)
$41,200 - $77,490  
PayScale
Country: United States | Currency: USD | Updated: 20 Apr 2014 | Individuals Reporting: 372
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$14$28$42
Hourly Rate
$17.43 - $36.87  
   
Overtime
$0.00 - $40.98  
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$28K$56K$84K
Bonus
$0.00 - $6,781  
   
Profit Sharing
$1.14 - $10,101  
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).
)
$41,200 - $77,490  
PayScale
Country: United States | Currency: USD | Updated: 20 Apr 2014 | Individuals Reporting: 372
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Compensation Analyst Job Listings

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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.
Read More...
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.
Read more about: Compensation Analysts
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
San Jose
up arrow 32%
up arrow 19%
Boston
up arrow 18%
up arrow 4%
St. Louis
up arrow 4%
Atlanta
up arrow 3%
Dallas
0%
National Average
$57,000
Chicago
up arrow 2%
Houston
up arrow 3%
Cincinnati
up arrow 10%
San Antonio
up arrow 29%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Compensation Analyst Salaries

Late-Career
up arrow 28%
National Average
$57,000

Skills That Affect Compensation Analyst Salaries

Benefits & Compensation
up arrow 6%
Microsoft Excel
0%
Microsoft Office
0%
National Average
$57,000
Microsoft Word
up arrow 4%
PeopleSoft
up arrow 9%
Microsoft Access
up arrow 15%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 71 votes.
Gender
Female
66%
female alumni
 
Male
34%
male alumni
Years of Experience
Less than 1 year
10%
1-4 years
53%
5-9 years
21%
10-19 years
13%
20 years or more
3%
Common Health Benefits
medical benefits Medical: 88% dental benefits Dental: 82%
vision benefits Vision: 70% employee benefits None: 10%
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