What does a Compensation Analyst do?
From 505 current Compensation Analyst postings that list skills.
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What the job involves
- Conduct market research and compensation analysis to ensure pay structures are competitive and aligned with industry standards.
- Analyze internal compensation data to identify trends and areas for improvement ensuring equity and consistency across the organization.
- Prepare and reconcile data sets that feed compensation models, accruals, and forecasts.
- Support the annual compensation cycle including bonus pool analysis, compensation statement generation and distribution.
- Partner with HR, Recruiting, Finance, and business leaders on compensation decisions.
- Audit and maintain compensation data to ensure accuracy and compliance.
Summed up from 30 recent Compensation Analyst job postings.
Skills employers ask for
- Microsoft Excel 6 in 10 postings
- Compensation Analysis 5 in 10 postings
- Compensation 4 in 10 postings
- Market Pricing 3 in 10 postings
- HRIS 3 in 10 postings
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Out of 505 postings that list skills.
Experience asked for
- No experience needed 1 in 230 postings
- 1 to 2 years 2 in 10 postings
- 3 to 4 years 4 in 10 postings
- 5 years or more 4 in 10 postings
Typical ask: 4 years.
Education asked for
- High school diploma or GED 1 in 70 postings
- Bachelor's degree Almost all postings
- Doctorate 1 in 210 postings
Among postings that say.
Is this role in demand?
316 open Compensation Analyst jobs across the US right now.
Most openings
- California52 open
- Texas35 open
- New York21 open
- Massachusetts19 open
- Virginia15 open
Typical pay $111,800 a year (most between $90k and $135k). See the full salary breakdown