How much does a Compensation and Benefits Analyst II make hourly in the United States? The average hourly wage for a Compensation and Benefits Analyst II in the United States is $37 as of August 27, 2023, but the range typically falls between $34 and $40. 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
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. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2 -4 years of related experience. (Copyright 2023 Salary.com)
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Core compensation
Includes base and short-term incentives
0 - 2 years experience
Bachelor's Degree
2 - 4 years experience
Bachelor's Degree
4 - 7 years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job TitleBenefits Analyst I | Experience0 - 2 | EducationBachelors | Salary Compared to This Job |
Job TitleBenefits Analyst II | Experience2 - 4 | EducationBachelors | Salary Compared to This Job |
Job TitleBenefits Analyst III | Experience4 - 7 | EducationBachelors | Salary Compared to This Job |
Job TitleBenefits Analyst IV | Experience7 + | EducationBachelors | Salary Compared to This Job |
Job TitleCompensation Analyst II | Experience2 - 4 | EducationBachelors | Salary Compared to This Job |