How much does a Compensation Analyst I make in Charleston, SC? The average Compensation Analyst I salary in Charleston, SC is $61,622 as of February 26, 2024, but the range typically falls between $55,497 and $67,858. 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. 

Compensation Analyst I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Compensation Analyst I Salary $49,920 Charleston,SC February 26, 2024
25th Percentile Compensation Analyst I Salary $55,497 Charleston,SC February 26, 2024
50th Percentile Compensation Analyst I Salary $61,622 Charleston,SC February 26, 2024
75th Percentile Compensation Analyst I Salary $67,858 Charleston,SC February 26, 2024
90th Percentile Compensation Analyst I Salary $73,535 Charleston,SC February 26, 2024
25% $55,497 10% $49,920 90% $73,535 75% $67,858 $61,622 50%(Median) Didn’t find job title? Click
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What skills does a Compensation Analyst I 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.

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.

Analysis 15.28%
Market Pricing 2.15%
Job Analysis 1.36%
Others 81.21%

Job Description for Compensation Analyst I

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. Being a Compensation Analyst I 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 I 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 I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Compensation Analyst I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Compensation Analyst I in Charleston, SC

Career Path for Compensation Analyst I

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

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

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

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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.
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Compensation Analyst I salary varies from city to city. Compared with national average salary of Compensation Analyst I, the highest Compensation Analyst I salary is in San Francisco, CA, where the Compensation Analyst I salary is 25.0% above. The lowest Compensation Analyst I salary is in Miami, FL, where the Compensation Analyst I salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Compensation Analyst I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
55497
67858
61622

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
56660
70257
63169
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Compensation Analyst I in Charleston, SC. The base salary for Compensation Analyst I ranges from $55,497 to $67,858 with the average base salary of $61,622. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $56,660 to $70,257 with the average total cash compensation of $63,169.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

55497
67858

 

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About Charleston, South Carolina    Charleston is the oldest and largest city in the U.S. state of South Carolina, the county seat of Charleston County, and the principal city in the Cha....More

Charleston, South Carolina  area prices were up 1.5% from a year ago    View the Cost of Living in Charleston, South Carolina

Compensation Analyst I Salary in popular cities: ColumbiaNorth CharlestonMount Pleasant

Skills associated with Compensation Analyst I: Benchmarking, Compensation Budget Modeling, Market Pricing, HR Regulatory Environment & Compliance ...More

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