Compensation and Benefits Analyst V Salary in the United States

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)