How much does a Compensation Analyst II make in New Jersey? The average Compensation Analyst II salary in New Jersey is $87,085 as of February 26, 2024, but the range typically falls between $78,899 and $96,139. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Compensation Analyst II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Compensation Analyst II Salary $71,446 NJ February 26, 2024
25th Percentile Compensation Analyst II Salary $78,899 NJ February 26, 2024
50th Percentile Compensation Analyst II Salary $87,085 NJ February 26, 2024
75th Percentile Compensation Analyst II Salary $96,139 NJ February 26, 2024
90th Percentile Compensation Analyst II Salary $104,381 NJ February 26, 2024
25% $78,899 10% $71,446 90% $104,381 75% $96,139 $87,085 50%(Median) Didn’t find job title? Click
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What skills does a Compensation Analyst II 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.

1.

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

2.

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.

3.

Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

Analysis 17.31%
Talent Acquisition 1.67%
Accounting 1.44%
Others 79.58%

Job Description for Compensation Analyst II

Compensation Analyst II 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 II 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 II 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. The Compensation Analyst II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Compensation Analyst II typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Compensation Analyst II in New Jersey

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $89,545 Date Updated February 26, 2024
Location Bergenfield, NJ Avg. Salary $91,128 Date Updated February 26, 2024
Location Bloomfield, NJ Avg. Salary $91,207 Date Updated February 26, 2024
Location East Brunswick, NJ Avg. Salary $89,435 Date Updated February 26, 2024
Location Hoboken, NJ Avg. Salary $92,947 Date Updated February 26, 2024
Location Irvington, NJ Avg. Salary $89,545 Date Updated February 26, 2024
Location Lakewood, NJ Avg. Salary $88,273 Date Updated February 26, 2024
Location Middlesex, NJ Avg. Salary $88,754 Date Updated February 26, 2024
Location Passaic, NJ Avg. Salary $91,207 Date Updated February 26, 2024
Location Union, NJ Avg. Salary $89,545 Date Updated February 26, 2024

Career Path for Compensation Analyst II

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 II, the first career path typically starts with a Stock Plan Administrator III position, and then Stock Plan Administrator IV.

The second career path typically starts with a Compensation Analyst III position, and then progresses to Compensation Analyst IV.

Additionally, the third career path typically starts with an Executive Compensation Analyst III position, and then progresses to Executive Compensation Manager.

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Compensation Analyst II Salary in New Jersey
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