Compensation and Benefits Analyst V Salary in the United States

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

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. 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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Understand the total compensation opportunity for a Compensation and Benefits Analyst V, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
143273
177988
161251

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
157654
200730
177528
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Compensation and Benefits Analyst V in the United States. The base salary for Compensation and Benefits Analyst V ranges from $143,273 to $177,988 with the average base salary of $161,251. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $157,654 to $200,730 with the average total cash compensation of $177,528.
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143273
177988

 

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Career Path for this job

  1. Down a level:

    Compensation and Benefits Analyst IV

    7 + years experience
    Bachelor's Degree

  2. This Job:

    Compensation and Benefits Analyst V

    10 + years experience
    Bachelor's Degree

  3. Up a level:

    Compensation and Benefits Supervisor

    3 - 5 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 V