Compensation and Benefits Analyst I Salary in the United States

How much does a Compensation and Benefits Analyst I make hourly in the United States? The average hourly wage for a Compensation and Benefits Analyst I in the United States is $30 as of May 25, 2023, but the range typically falls between $28 and $33. Hourly rate 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.  View the Cost of Living in Major Cities

Job Description

Analyzes, designs, and administers employer compensation programs and benefit programs. Designs and communicates pay structures, grades, and compensation budgets. Develops and administers benefits programs, and communicates eligibility and coverage information to employees. Advises managers on effective pay decisions. 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. Typically reports to a manager or head of a unit/department. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. (Copyright 2023 Salary.com)

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Understand the total hourly compensation opportunity for a Compensation and Benefits Analyst I, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
28
33
30

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
28
34
31
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Compensation and Benefits Analyst I in the United States. The average hourly rate for Compensation and Benefits Analyst I ranges from $28 to $33 with the average hourly pay of $30. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $28 to $34 with the average total hourly cash compensation of $31.
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28
33

 

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Career Path for this job

  1. This Job:

    Compensation and Benefits Analyst I

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Compensation and Benefits Analyst II

    2 - 4 years experience
    Bachelor's Degree

Salary for

Are you an HR manager or compensation specialist?

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Job Openings for Compensation and Benefits Analyst I