For Senior Compensation Analysts, annual average wages total $81K per year. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. The majority of Senior Compensation Analysts (67 percent) who took the survey are female. Job satisfaction is reported as high by the vast majority of workers. Medical benefits are awarded to almost all, and a large number earn dental coverage.

$60,946 - $101,294
$61K
$81K
$100K
MEDIAN: $80,737
10%
50%
90%

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$19.39 - $44.11
$19
$31
$44
MEDIAN: $31.14
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$50K$100K$150K
Salary
$60,946 - $101,294  
   
Bonus
$962 - $14,600  
Profit Sharing
$3,600  
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).
)
$60,572 - $106,499  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 270
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$25$50$75
Hourly Rate
$19.39 - $44.11  
   
Overtime
$49.00  
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
$962 - $14,600  
   
Profit Sharing
$3,600  
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).
)
$60,572 - $106,499  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 15

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Senior Analyst, Compensation

Senior analysts for compensation are responsible for assisting with the development and implementation of compensation programs for their organization. They conduct extensive market analysis to research trends and compensation initiatives across their industry, as well as provide support to organizational executives for performance evaluation purposes. Senior analysts for compensation evaluate existing incentive plans and modify them according to business requirements and needs, as well as participate in compensation projects and annual review processes. Senior analysts for compensation answer compensation inquiries in a timely manner, create effective business partnerships, and help increase employee satisfaction through well-executed compensation programs.

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Senior Analyst, Compensation Tasks

  • Write job descriptions and maintain database of all job descriptions.
  • Assist in preparation of merit increase and incentive programs and budgeting.
  • Design and prepare ad hoc compensation and budget related reports for management.
  • 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.

Common Career Paths for Senior Analyst, Compensation


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Senior Compensation Analysts may progress into high-paying roles like Director of Compensation, where median compensation is $123K annually. A common career progression for a Senior Compensation Analyst is to become a Compensation Manager or a Compensation Manager. Compared to Senior Compensation Analysts, the first group earns $9K more on average, and the second group earns $17K more.

Senior Analyst, Compensation Job Listings

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Popular Skills for Senior Analyst, Compensation


Survey results show that Senior Compensation Analysts typically report just a few professional skills. Most notably, skills in Microsoft Excel, Benefits & Compensation, Data Analysis, and Microsoft Office are correlated to pay that is above average. Most people familiar with Data Analysis also know Microsoft Office.

Pay by Experience Level for Senior Analyst, Compensation

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


Those in the early stages of their career can expect to make around $75K; however, individuals with five to 10 years of experience bring in $86K on average — a distinctly larger sum. For Senior Compensation Analysts, 10 to 20 years of experience on the job amounts to an average salary of $92K. For some reason, Senior Compensation Analysts with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $90K.

Pay Difference by Location

National Average: $84,119

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

For Senior Compensation Analysts, busy Dallas offers a higher-than-average pay rate, 16 percent above the national average. Senior Compensation Analysts will also find cushy salaries in Houston (+16 percent), Seattle (+9 percent), Irvine (+5 percent), and Boston (+3 percent). With compensation 19 percent below the national average, Memphis is not known for hefty paychecks and actually represents the lowest-paying market. Two other places where employers offer below-median salaries are St. Louis (18 percent less) and San Diego (10 percent less).

Related Job Salaries

Key Stats for Senior Analyst, Compensation

Gender

Female
67 %
Male
33 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 45 votes.
038
Less than 1 year
4%
1-4 years
22%
5-9 years
39%
10-19 years
21%
20 years or more
14%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Analyst, Compensation Salaries




National Average
$84,000


Skills That Affect Senior Analyst, Compensation Salaries




Microsoft Office
0%

Microsoft Word
0%

National Average
$84,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 45 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
4%
1-4 years
22%
5-9 years
39%
10-19 years
21%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 87%
vision benefits
Vision: 74%
dental benefits
None: 4%
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