How much does a Compensation and Benefits Analyst V make in the United States? The average Compensation and Benefits Analyst V salary in the United States is $161,251 as of May 01, 2023, but the range typically falls between $143,273 and $177,988. 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. 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. Works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ years of related experience. (Copyright 2023 Salary.com)
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Core compensation
Includes base and annual incentives
7 + years experience
Bachelor's Degree
10 + years experience
Bachelor's Degree
3 - 5 years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
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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 and Benefits Analyst I | Experience0 - 2 | EducationBachelors | Salary Compared to This Job |