Senior Analyst, Compensation Salary

Average Senior Compensation Analysts in the United States make around $77K annually. Pay ranges from $60K on the low end to $103K per year on the high end. Total cash earnings of Senior Compensation Analysts range from $60K on the low end to $103K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $12K and $9K, respectively. Residence is the biggest factor affecting pay for this group, followed by career length. Job satisfaction is high and work is enjoyable for most Senior Compensation Analysts. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Senior Compensation Analysts survey participants are largely women, dominating at 60 percent. This report is based on answers to PayScale's salary questionnaire.

$59,443 - $96,654
MEDIAN: $76,858

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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.
$59,443 - $96,654  
$0.00 - $11,722  
Profit Sharing
$405.47 - $8,877  
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).
$60,241 - $102,773  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 381
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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.


Senior Analyst, Compensation Tasks

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

Common Career Paths for

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Senior Compensation Analysts who transition into a Compensation Manager role may receive large pay increases as the latter position pays an average $101K per year.

Senior Analyst, Compensation Job Listings

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Popular Skills for

Senior Compensation Analysts who responded to the survey report just a handful of professional skills. Most notably, skills in Benefits & Compensation, Data Analysis, Microsoft Excel, and Microsoft Office are correlated to pay that is above average. Skills that seem to negatively impact pay include Microsoft Word. For most people, competency in Data Analysis indicates knowledge of Microsoft Office.

Pay by Experience Level for

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

More years of relevant experience do not necessarily translate to higher paychecks. The average beginner in this position makes around $74K, but folks who have been around for five to 10 years see a markedly higher median salary of $82K. After working for 10 to 20 years, Senior Compensation Analysts make a median salary of $87K. Folks who have racked up more than 20 years in the field report incomes that aren't higher than less experienced individuals' earnings.

Pay Difference by Location

For Senior Compensation Analysts, working in the bustling city of Houston has its advantages, including an above-average pay rate. Senior Compensation Analysts can also look forward to large paychecks in cities like Irvine (+10 percent), Seattle (+9 percent), Dallas (+9 percent), and Boston (+5 percent). Memphis is the lowest-paying area, 15 percent south of the national average. Employers also pay below the national average in St. Louis (14 percent lower) and Cincinnati (8 percent lower).

Related Job Salaries

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Experience Affects Salaries

National Average

Skills That Affect Salaries

Data Analysis
up arrow 2%

Microsoft Excel
up arrow 1%

National Average

Microsoft Office
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 62 votes.


60 %
40 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 88%
vision benefits Vision: 77% employee benefits None: 5%