Compensation and Benefits Analyst III Salary in the United States

How much does a Compensation and Benefits Analyst III make hourly in the United States? The average hourly wage for a Compensation and Benefits Analyst III in the United States is $44 as of April 26, 2022, but the range typically falls between $39 and $48. 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 generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4 -7 years of related experience. (Copyright 2022 Salary.com)

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

Average Hourly Wage

Core compensation

 
 
 
39
48
44

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
41
51
46
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 III in the United States. The average hourly rate for Compensation and Benefits Analyst III ranges from $39 to $48 with the average hourly pay of $44. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $41 to $51 with the average total hourly cash compensation of $46.
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39
48

 

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Career Path for this job

  1. Down a level:

    Compensation and Benefits Analyst II

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Compensation and Benefits Analyst III

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Compensation and Benefits Analyst IV

    7 + years experience
    Bachelor's Degree

Salary for

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Job Openings for Compensation and Benefits Analyst III