upper level job

How much does a Compensation Analyst I make?

As of April 01, 2025, the average annual salary for a Compensation Analyst I in the United States is $64,952. Salary.com reports that pay typically ranges from $61,588 to $71,708, with most professionals earning between $58,525 and $77,859.

Compensation Analyst I Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $71,708 $5,976 $1,379 $34
Average $64,952 $5,413 $1,249 $31
25th Percentile $61,588 $5,132 $1,184 $30

Average Salary

25% $61,588 10% $58,525 90% $77,859 75% $71,708 $64,952 50%(Median)
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How much does a Compensation Analyst I make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Compensation Analyst I salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Compensation Analyst I hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Compensation Analyst I's Salary?

An entry-level Compensation Analyst I with less than 1 year of experience earns about $64,701. With 1-2 years of experience, the average salary increases to $64,952. For 2-4 years of experience, the pay typically rises to $66,162. Senior-level professionals with 5-8 years of experience earn around $66,969, and those with over 8 years of experience can expect an average of $67,170.

Levels Salary
Entry Level Compensation Analyst I $64,701
Intermediate Level Compensation Analyst I $64,952
Senior Level Compensation Analyst I $66,162
Specialist Level Compensation Analyst I $66,969
Expert Level Compensation Analyst I $67,170
$64,701 0 yr
$64,952 < 2 yrs
$66,162 2-4 yrs
$66,969 5-8 yrs
$67,170 > 8 yrs
Last Updated on April 01, 2025
Entry Level 0%
Mid Level 0%
Senior Level 2%
Top Level 3%
Experienced 3%
View as graph
Last Updated on April 01, 2025

How much does salary of Compensation Analyst I vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Compensation Analyst I is $81,119.
  • In New York, NY, the average annual salary is $75,273.
  • In Boston, MA, a Compensation Analyst I earns $72,441 per year.

What is the salary trend of Compensation Analyst I?

As of April 01, 2025, our research reveals a significant shift in Compensation Analyst I compensation over the past six years. For example, the median salary increased from $61,542 in 2023 to approximately $60,571 in 2024. (For a detailed analysis of Compensation Analyst I salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Compensation Analyst I Over Time

2020
$???
2021
$???
2022
$???
$61,542
2023
$60,571
2024
$59,453
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$61,542
2024
$60,571
2025
$59,453
2026
$???
Last Updated on April 01, 2025

Compensation Analyst I Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $61,542
2024 $60,571
2025 $59,453
2026 View More
Last Updated on April 01, 2025

Job Openings of Compensation Analyst I

Salary.com job board provides millions of Compensation Analyst I information for you to search for. Click on search button below to see Compensation Analyst I job openings or enter a new job title here.

Most Common Benefits for Compensation Analyst I

Based on HR-reported data: a national average with a geographic differential
Base Salary 69.2%
Bonuses 0.0%
Social Security 5.3%
401k/403b 2.9%
Disability 1.4%
Healthcare 8.9%
Pension 3.7%
Time Off 8.5%
Core Compensation
Core Compensation Median % of Total
Base Salary $64,952 69.2%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $4,969 5.3%
401K/403B $2,728 2.9%
Disability $1,299 1.4%
Healthcare $8,352 8.9%
Pension $3,507 3.7%
Time Off $7,994 8.5%
Total Compensation $93,802 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Compensation Analyst I with different levels of education?

Salaries for Compensation Analyst I with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Compensation Analyst I with a Bachelor's Degree is $62,815 - $66,371. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Compensation Analyst I Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Compensation Analyst I
Degree Level % of user with this level of education
No Diploma 0.3%
High School 4.3%
Associates 4.9%
Bachelors 58.2%
Masters 32.0%
Doctorate 0.3%
Typical Education for Compensation Analyst I
No Diploma 0.3%
High School 4.3%
Associates 4.9%
Bachelors 58.2%
Masters 32.0%
Doctorate 0.3%
view as table

Compensation Analyst I Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Compensation Analyst I

1. What is the average salary of a Compensation Analyst I?

The average annual salary of Compensation Analyst I is $64,952. In case you are finding an easy salary calculator, the average hourly pay of Compensation Analyst I is $31; the average weekly pay of Compensation Analyst I is $1,249; the average monthly pay of Compensation Analyst I is $5,413.

2. Where can a Compensation Analyst I earn the most?

A Compensation Analyst I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Compensation Analyst I earns the most in San Jose, CA, where the annual salary of a Compensation Analyst I is $81,924.

3. What is the highest pay for Compensation Analyst I?

The highest pay for Compensation Analyst I is $77,859.

4. What is the lowest pay for Compensation Analyst I?

The lowest pay for Compensation Analyst I is $58,525.

5. What are the responsibilities of Compensation Analyst I?

Analyzes, designs, and administers employer compensation programs, including base pay, long and short-term incentives, spot bonuses, commissions, and stock that align with company objectives for recruiting, retention, and employee engagement. Designs and communicates pay structures, grades, compensation budgets, and guidelines. Advises managers on making effective pay decisions that support employee engagement and comply with compensation policy and budgetary guidelines. Evaluates jobs and develops and maintains job descriptions and job architecture. Participates in compensation surveys, conducts research and analysis on market competitiveness, pay equity, and compensation trends. Requires a bachelor's degree or equivalent. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.

6. What are the skills of Compensation Analyst I

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

Market Pricing: Setting the price of a product or service according to the current market price to ensure the business remains competitive while still growing ROI.

3.)

Job Analysis: The process of studying a job to determine which activities and responsibilities it includes, its relative importance to other jobs, the qualifications necessary for performance of the job and the conditions under which the work is performed.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Compensation Analyst I is $64,952 per year in the United States, updated at April 01, 2025.
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