Compensation Analyst III Salary in Richmond, Kentucky
Compensation Analyst III Salary in Richmond, KY
How much does a Compensation Analyst III make in Richmond, KY? The average Compensation Analyst III salary in Richmond, KY is $93,897 as of April 24, 2024, but the range typically falls between $85,430 and $102,675. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Compensation Analyst III Salary | $77,721 | Richmond,KY | April 24, 2024 |
| 25th Percentile Compensation Analyst III Salary | $85,430 | Richmond,KY | April 24, 2024 |
| 50th Percentile Compensation Analyst III Salary | $93,897 | Richmond,KY | April 24, 2024 |
| 75th Percentile Compensation Analyst III Salary | $102,675 | Richmond,KY | April 24, 2024 |
| 90th Percentile Compensation Analyst III Salary | $110,668 | Richmond,KY | April 24, 2024 |
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What skills does a Compensation Analyst III need?
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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Talent Acquisition: Talent acquisition is the process of identifying organizational staffing needs, recruiting qualified candidates and selecting the candidates best suited for the available positions.
Compensation Analysis: A review of employee pay in relation to an organization's pay philosophy. It often takes into account both internal equity and external competitiveness to ensure fair pay that can attract, engage, and retain talent.
Job Description for Compensation Analyst III
Compensation Analyst III 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. Being a Compensation Analyst III 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. Additionally, Compensation Analyst III 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 or head of a unit/department. The Compensation Analyst III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Compensation Analyst III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)... View full job description
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PPL Corporation - Louisville, KYCompany Summary Statement. Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies,...- 5 Days Ago
Career Path for Compensation Analyst III
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Compensation Analyst III, the first career path typically progresses to Stock Plan Administrator IV.
The second career path typically starts with a Compensation Analyst IV position, and then progresses to Compensation Supervisor.
Additionally, the third career path typically progresses to Executive Compensation Manager.
What does a Compensation Analyst III do?
Are you an HR manager or compensation specialist?
Salary.com's CompAnalyst platform offers:
- Detailed skills and competency reports for specific positions
- Job and employee pricing reports
- Compensation data tools, salary structures, surveys and benchmarks.
Compensation Analyst III Pay Difference by Location
Compensation Analyst III salary varies from city to city. Compared with national average salary of Compensation Analyst III, the highest Compensation Analyst III salary is in San Francisco, CA, where the Compensation Analyst III salary is 25.0% above. The lowest Compensation Analyst III salary is in Miami, FL, where the Compensation Analyst III salary is 3.5% lower than national average salary.
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About Richmond, Kentucky
Similar Jobs to Compensation Analyst III
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Compensation Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Compensation Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Compensation Analyst IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
| Job Title Compensation and Benefits Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Compensation Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Level of Education for Compensation Analyst III
Jobs with different levels of education may pay very differently. Check the Compensation Analyst III salary of your education level.
Compensation Analyst III Salary by Global Country
Compensation Analyst III salary varies from country to country. There are several factors that mainly impact the Compensation Analyst III salary, including cost of living, economic conditions, market rates and legal differences. Click below to Compensation Analyst III salary of the other country.
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About Richmond, Kentucky Richmond is a home rule-class city in and the county seat of Madison County, Kentucky, United States. It is named after Richmond, Virginia, and is the....More
Richmond, Kentucky area prices were up 1.2% from a year ago View the Cost of Living in Richmond, Kentucky
Compensation Analyst III Salary in popular cities: Louisville, Lexington, Bowling Green
Skills associated with Compensation Analyst III: Compensation Program Design, Market Pricing, Job Evaluation, Survey Participation ...More
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