Compensation Analyst

By

October 30, 2016

Jobs

Compensation Analyst Job Description

Compensation Analysts Responsible for maintaining updated database of all job descriptions for existing positions and creating new ones for new position. Utilizing existing salary structures to price new jobs through market pricing or slotting. Analyze data from survey sources to determine competitiveness both internally and externally. Assist in preparation for annual merit increase guidelines as well as budgeting Lead the performance appraisal program. Point of contact for questions on job descriptions, salary ranges and merit increases. Designs and prepares ad hoc compensation and budget related reports for management.

Compensation Analyst Salary Statistics as of 2015

Average annual salary for a Compensation Analyst is $54425 based on statistics in the U.S. as of 2015. The highest salary recorded was $80240. The lowest salary reported was $41312. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Compensation Analyst is $27.06 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $39.9. The lowest hourly rate recorded was $20.54. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Compensation Analyst are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $0 from people with 15+ years of experience. The average bonus recorded was $1600 from people with under 1 year of experience.

These are the highest paying states for a Compensation Analyst. These numbers are based off the median annual salary as of 2015.
California – $50,635 – $90,171
Florida – $49,132 – $61,042
Illinois – $52,146 – $68,854
New York – $45,302 – $76,026
North Carolina – $44,219 – $59,495
Texas – $47,892 – $89,396
Virginia – $45,526 – $63,871

These are the highest paying cities for a Compensation Analyst. These numbers are based off the median annual salary as of 2015.
Atlanta, Georgia –
Houston, Texas –
New York, New York –
Chicago, Illinois –
Rochester, New York –
Louisville, Kentucky –
Washington, District of Columbia –

This chart outlines the average annual salary of a Compensation Analyst from the past 5 years. In 2015 the average annual salary was $54425 while in 2007 it was just $50472.79

Job Outlook

Gender Statistics

Related Jobs

29%

71%

Based on our stats gathered across the U.S. 29% of Compensation Analysts were males while 71% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.

Past Jobs

Future Jobs

Analyst, Compensation
$38,367 – $77,154
Senior Analyst, Compensation
$52,649 – $95,929
Manager, Compensation
$56,112 – $124,840


Compensation Analyst Jobs

 

>

 

Tags

 

Leave a Reply

Your email address will not be published. Required fields are marked *

*