Average Compensation Analyst Salary

Avg. Base Salary (USD)

The average salary for a Compensation Analyst is $67,115

Base Salary
$51k - $88k
$2k - $10k
Profit Sharing
$508 - $9k
Total Pay
$50k - $92k
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What is the Pay by Experience Level for Compensation Analysts?

What Do Compensation Analysts Do?

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.
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How do Compensation Analysts Rate Their Jobs?

4 out of 5
Highly Satisfied
Based on 130 responses, the job of Compensation Analyst has received a job satisfaction rating of 3.97 out of 5. On average, Compensation Analysts are highly satisfied with their job.

FAQs About Compensation Analysts

What is the highest pay for Compensation Analysts?

Our data indicates that the highest pay for a Compensation Analyst is $88k / year

What is the lowest pay for Compensation Analysts?

Our data indicates that the lowest pay for a Compensation Analyst is $51k / year

How can Compensation Analysts increase their salary?

Increasing your pay as a Compensation Analyst is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Compensation Analyst that oversees more junior Compensation Analysts, this experience can increase the likelihood to earn more.