Compensation Analyst Salary

An average Compensation Analyst in the United States can expect to take home roughly $61K annually. Cash earnings for Compensation Analysts — including $10K in bonuses and $6K in profit sharing proceeds near the top of the pay scale — generally stretch from $46K to $84K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by experience level. Most get medical and dental insurance, and a strong majority get vision plans, too. Job satisfaction is reported as high by the vast majority of workers. Women account for the majority of Compensation Analysts who responded to the questionnaire — 63 percent to be exact. The numbers in this rundown were provided by PayScale's salary survey participants.
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$46,285 - $81,957
$46K
$61K
$82K
MEDIAN: $61,093
10%
50%
90%

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$16.47 - $34.40
$16
$25
$34
MEDIAN: $25.31
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$28K$56K$84K
Salary
$46,285 - $81,957  
   
Bonus
$993 - $9,844  
Profit Sharing
$745 - $5,610  
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).
)
$45,717 - $83,554  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 682
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
$16.47 - $34.40  
   
Overtime
$25.75 - $48.41  
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
$993 - $9,844  
   
Profit Sharing
$745 - $5,610  
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).
)
$45,717 - $83,554  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 68

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

  • Compute commissions, wages and deductions for sales employees.
  • Compile, analyze and report employee incentive sales data.
  • Assist in planning and implementing new and modified sales compensation plans.
  • 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.

Common Career Paths for Compensation Analyst


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For Compensation Analysts, progressing to a Compensation Manager role may result in a significant raise. On average, a Compensation Manager can earn $101K annually. It is quite typical for Compensation Analysts to transition into roles as Senior Compensation Analysts or Compensation Managers, where reported median earnings are $15K and $32K higher per year.

Compensation Analyst Job Listings

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Popular Skills for Compensation Analyst


Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Microsoft Access, Project Management, Human Resources Information System, and Data Analysis are correlated to pay that is above average. Those listing Human Resources as a skill should be prepared for drastically lower pay. PeopleSoft and compensation also typically command lower compensation. Those proficient in Data Analysis are, more often than not, also skilled in Microsoft Office.

Pay by Experience Level for Compensation Analyst

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


Experience does not seem to be a strong driver of pay increase in this role. Salaries of relatively inexperienced workers fall in the neighborhood of $59K, but folks who have racked up five to 10 years see a notably higher median of $70K. Compensation Analysts claiming one to two decades of experience make an estimated median of $73K. People who have worked for more than 20 years report a median income of $77K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location

National Average: $61,923

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

Surpassing the national average by 30 percent, Compensation Analysts in San Francisco receive some of the highest pay in the country. Compensation Analysts can also look forward to large paychecks in cities like San Diego (+13 percent), New York (+11 percent), Washington (+9 percent), and Boston (+8 percent). Location significantly influences compensation, with San Antonio Compensation Analysts earning much less — 34 percent less — than the national average. Two other places where employers offer below-median salaries are Omaha (11 percent less) and Dallas (7 percent less).

Related Job Salaries

Key Stats for Compensation Analyst

Gender

Female
63 %
Male
37 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 101 votes.
Less than 1 year
7%
1-4 years
56%
5-9 years
21%
10-19 years
13%
20 years or more
4%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Compensation Analyst Salaries

▲24%

▲18%

▲12%

National Average
$62,000

▼4%

Skills That Affect Compensation Analyst Salaries

Project Management
▲3%

Microsoft Access
▲3%




Microsoft Excel
▼0%

National Average
$62,000



compensation
▼7%

PeopleSoft
▼16%

Human Resources
▼22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 101 votes.

Gender

Female
63 %
Male
37 %

Years of Experience

Less than 1 year
7%
1-4 years
56%
5-9 years
21%
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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