Average Compensation Analyst Salary in Canada

C$60,932
Avg. SalaryShow Hourly Rate
C$3,904
Bonus
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The average salary for a Compensation Analyst in Canada is C$60,932.
10%
C$45k
10%
C$61k
50%
C$80k
90%
90%
MEDIAN C$60,932
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United States (change)
Salary
C$45k - C$80k
Bonus
C$1k - C$8k
Total Pay
C$45k - C$83k

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Job Description for Compensation Analyst

Compensation Analyst Tasks
  • 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.
  • Analyze country specific data and relevant market trends, develop salary structures and market pricing recommendations.
  • Review and monitor employee pay and recommend reviews if necessary.
  • Identify relevant market data and trends regarding executive compensation and present recommendations.

Career Paths

Explore the most common career paths for Compensation Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Compensation Analyst
Compensation Specialist
Compensation Consultant
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Compensation Analyst Job Listings

Popular Skills for Compensation Analyst

Skills in Microsoft Excel, Data Analysis, Benefits & Compensation and Human Resources (HR) are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Office.

Pay by Experience Level for Compensation Analyst

An entry-level Compensation Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of C$48,396 based on 7 salaries. An early career Compensation Analyst with 1-4 years of experience earns an average total compensation of C$60,175 based on 53 salaries. A mid-career Compensation Analyst with 5-9 years of experience earns an average total compensation of C$67,407 based on 28 salaries. An experienced Compensation Analyst with 10-19 years of experience earns an average total compensation of C$70,000 based on 8 salaries.

Pay Difference by Location

Learn more about cost of living by city.
Employees with Compensation Analyst in their job title in Calgary, Alberta earn an average of 31.3% more than the national average. These job titles also find higher than average salaries in Toronto, Ontario (0.8% more). The lowest salaries can be found in Winnipeg, Manitoba (24.5% less) and Montréal, Québec (21.2% less).

Years of Experience

This data is based on 96 survey responses.
Entry Level
7.3%
Early Career
55.2%
Mid Career
29.2%
Experienced
8.3%