What are the main factors that influence a (Payroll) Compensation Analyst's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for (Payroll) Compensation Analyst?

The Biotechnology industry offers the highest average compensation for (Payroll) Compensation Analyst roles, with salaries approximately 10% above the market median.

How does experience change A (Payroll) Compensation Analyst's salary?

A (Payroll) Compensation Analyst's salary grows with experience: starting around $59,158 for beginners, reaching about $80,126 at mid-level, and approach $84,198 for experts.

What are the highest paying states for a (Payroll) Compensation Analyst?

(Payroll) Compensation Analyst salary varies significantly by state. The top 3 highest paying states for (Payroll) Compensation Analyst roles are District of Columbia $97,553, California $97,183, Massachusetts $95,888. These tech hubs typically pay 10-15% above the national average.

How much do different types of (Payroll) Compensation Analyst roles make?

Salaries for (Payroll) Compensation Analyst level roles vary by specialization: Principal Compensation Analyst: $126,140; Compensation Analyst IV: $126,134; Executive Compensation Analyst III: $112,794; Compensation Analyst III: $103,877; Executive Compensation Analyst II: $85,911.

(Payroll) Compensation Analyst Salary in New Mexico

How much does a (Payroll) Compensation Analyst make in New Mexico? As of August 01, 2026, the average salary for a (Payroll) Compensation Analyst in New Mexico is $81,606 per year, which breaks down to an hourly rate of $39.

However, a (Payroll) Compensation Analyst's salary can vary significantly. Here's a look at the typical salary range:

Top Earners (90th percentile): $95,169
Majority Range (25th-75th percentile): $75,200 to $88,705
Entry-Level (10th percentile): $69,368

10% $69,368

50% (Median) $81,606

90% $95,169

(Payroll) Compensation Analyst Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$88,705	$7,392	$1,706	$43
Average	$81,606	$6,800	$1,569	$39
25th Percentile	$75,200	$6,267	$1,446	$36

Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

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Check out (Payroll) Compensation Analyst Job Openings in New Mexico

Workday Compensation Analyst

Presbyterian Healthcare Services – Albuquerque, NM

Manager Executive Compensation

American Airlines – FORT WORTH, TX

Compensation Consultant

University of Kansas Health System – SHAWNEE MISSION, KS

Payroll Analyst

General Code Enterprises, LLC – ROCHESTER, NY

Key Factors That Influence (Payroll) Compensation Analyst Salaries

A (Payroll) Compensation Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects (Payroll) Compensation Analyst Salaries?

Experience is a primary driver of a (Payroll) Compensation Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $59,158
Early Career (1-2 years): $69,256
Mid-Level (2-4 years): $80,126
Senior-Level (5-8 years): $97,277
Expert (over 8 years): $84,198

Job Role	Years of Experience	Average Salary
Payroll Administrator I	less than 1 year	$59,158
Payroll Administrator II	1-2 years	$69,256
(Payroll) Compensation Analyst	2-4 years	$80,126
Payroll Administrator IV	5-8 years	$97,277
Payroll Team Lead	over 8 years	$84,198

How Do (Payroll) Compensation Analyst Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract (Payroll) Compensation Analysts. For example, consider the average annual salaries in these key locations:

District of Columbia: $97,553.
California: $97,183.
Massachusetts: $95,888.

District of Columbia $97,553 California $97,183 Massachusetts $95,888 Washington $95,535 New Jersey $95,500 Alaska $95,377 Connecticut $94,161 New York $93,668

Hawaii $92,090 Rhode Island $91,350 Maryland $90,848 Minnesota $90,161 Colorado $89,896 Illinois $89,808 Oregon $89,474 Delaware $89,227

New Hampshire $89,072 Virginia $88,725 Pennsylvania $87,711 Nevada $87,200 North Dakota $87,033 Michigan $86,769 Wisconsin $86,672 Vermont $86,478

Texas $85,940 Maine $85,905 Arizona $85,852 Ohio $85,791 Georgia $84,980 Indiana $84,575 Wyoming $84,495 Utah $84,372

Iowa $84,319 Kansas $83,896 Louisiana $83,773 North Carolina $83,729 Missouri $83,711 Florida $83,368 Montana $83,183 Nebraska $83,006

Kentucky $82,910 South Carolina $82,557 Tennessee $82,337 Idaho $82,249 New Mexico $81,606 Oklahoma $81,465 Alabama $80,945 South Dakota $80,072

Arkansas $79,597 West Virginia $79,341 Mississippi $78,575

Top Paying Cities for (Payroll) Compensation Analyst

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Algodones: $82,474
Belen: $82,015
Bernalillo: $82,621

Algodones, NM $82,474

Belen, NM $82,015

Bernalillo, NM $82,621

Bluewater, NM $80,886

Bosque, NM $81,413

Casa Blanca, NM $81,597

Cedar Crest, NM $82,689

Cedarvale, NM $79,447

Cerrillos, NM $82,534

Claunch, NM $79,153

Coyote, NM $81,318

Cuba, NM $81,188

Cubero, NM $81,777

Edgewood, NM $82,320

Estancia, NM $81,339

Gallina, NM $80,893

Counselor, NM $80,943

Grants, NM $80,793

Milan, NM $81,117

Isleta, NM $82,762

Jarales, NM $81,936

Jemez Pueblo, NM $82,078

Jemez Springs, NM $81,825

Laguna, NM $82,177

La Jara, NM $81,097

La Joya, NM $80,909

Lindrith, NM $80,812

Los Lunas, NM $82,450

Mcintosh, NM $81,786

Pueblo Of Acoma, NM $81,242

Moriarty, NM $81,511

Mountainair, NM $80,632

Nageezi, NM $80,835

New Laguna, NM $81,738

Paguate, NM $81,793

Pena Blanca, NM $82,707

Peralta, NM $82,580

Placitas, NM $82,622

Ponderosa, NM $81,974

Prewitt, NM $80,861

Regina, NM $80,917

Sandia Park, NM $82,481

Corrales, NM $82,792

San Fidel, NM $81,297

San Rafael, NM $80,951

Santo Domingo Pueblo, NM $82,482

San Ysidro, NM $82,371

Stanley, NM $81,500

Tijeras, NM $82,492

Tome, NM $82,339

Torreon, NM $82,065

Veguita, NM $81,406

Willard, NM $80,487

Youngsville, NM $81,341

Bosque Farms, NM $82,732

Clines Corners, NM $81,007

Cochiti Pueblo, NM $82,545

Cochiti Lake, NM $82,652

Albuquerque, NM $82,839

Kirtland Afb, NM $82,839

Rio Rancho, NM $82,703

Gallup, NM $80,978

Brimhall, NM $80,749

Church Rock, NM $80,787

Continental Divide, NM $80,730

Crownpoint, NM $80,797

Fence Lake, NM $80,436

Fort Wingate, NM $80,759

Gamerco, NM $80,895

Mentmore, NM $80,769

Mexican Springs, NM $80,760

Ramah, NM $80,612

Rehoboth, NM $80,813

Thoreau, NM $80,818

Tohatchi, NM $80,744

Vanderwagen, NM $80,760

Zuni, NM $80,740

Navajo, NM $80,850

Jamestown, NM $80,650

Pinehill, NM $80,549

Sheep Springs, NM $80,831

Smith Lake, NM $81,132

Yatahey, NM $80,802

Farmington, NM $81,191

Aztec, NM $81,340

Blanco, NM $80,961

Bloomfield, NM $80,865

Flora Vista, NM $81,274

Fruitland, NM $80,766

Kirtland, NM $81,275

La Plata, NM $81,304

Navajo Dam, NM $81,268

Shiprock, NM $81,155

Waterflow, NM $81,114

Newcomb, NM $80,782

Sanostee, NM $80,833

Santa Fe, NM $83,262

Abiquiu, NM $80,984

Alcalde, NM $82,395

Amalia, NM $80,861

Arroyo Hondo, NM $80,747

Arroyo Seco, NM $80,841

Canjilon, NM $80,734

Canones, NM $81,470

Carson, NM $81,057

Cebolla, NM $80,782

Cerro, NM $80,806

Chama, NM $81,136

Chamisal, NM $82,176

Chimayo, NM $82,754

Cordova, NM $82,613

Costilla, NM $81,200

Taos Ski Valley, NM $80,584

Dixon, NM $82,098

Dulce, NM $81,134

El Prado, NM $80,912

El Rito, NM $81,283

Embudo, NM $81,676

Espanola, NM $82,653

Glorieta, NM $82,941

Hernandez, NM $81,885

Ilfeld, NM $82,176

La Madera, NM $81,140

Lamy, NM $82,625

Llano, NM $82,010

Los Alamos, NM $82,821

White Rock, NM $82,976

Medanales, NM $81,976

Ojo Caliente, NM $81,494

Los Ojos, NM $80,937

Pecos, NM $82,683

Penasco, NM $81,705

Petaca, NM $80,659

Questa, NM $80,891

Ranchos De Taos, NM $81,317

Red River, NM $80,660

Ribera, NM $81,179

Rowe, NM $82,253

San Cristobal, NM $80,657

San Jose, NM $82,050

Ohkay Owingeh, NM $82,451

Santa Cruz, NM $82,725

Serafina, NM $80,974

Taos, NM $80,865

Tererro, NM $82,947

Tesuque, NM $83,262

Tierra Amarilla, NM $80,865

Trampas, NM $81,638

Tres Piedras, NM $80,637

Truchas, NM $82,383

Vadito, NM $81,598

Valdez, NM $80,718

Vallecitos, NM $80,655

Velarde, NM $81,974

Villanueva, NM $81,022

Spaceport City, NM $79,370

Las Vegas, NM $80,335

Angel Fire, NM $80,572

Anton Chico, NM $80,196

Buena Vista, NM $80,932

Chacon, NM $80,990

Cimarron, NM $80,446

Cleveland, NM $81,564

Eagle Nest, NM $80,507

Guadalupita, NM $80,865

Holman, NM $81,356

La Loma, NM $80,061

Maxwell, NM $80,473

Miami, NM $80,300

Mills, NM $80,014

Montezuma, NM $81,978

Mora, NM $81,679

Mosquero, NM $79,945

Ocate, NM $80,387

Ojo Feliz, NM $80,598

Rainsville, NM $80,952

Raton, NM $80,676

Rociada, NM $82,020

Roy, NM $80,032

Sapello, NM $81,308

Solano, NM $79,934

Springer, NM $80,265

Ute Park, NM $80,484

Valmora, NM $80,267

Wagon Mound, NM $80,176

Watrous, NM $80,294

Socorro, NM $80,109

Aragon, NM $80,351

Datil, NM $80,020

Lemitar, NM $80,481

Luna, NM $80,494

Magdalena, NM $80,026

Pie Town, NM $80,293

Polvadera, NM $80,675

Quemado, NM $80,459

Reserve, NM $80,315

San Acacia, NM $80,808

San Antonio, NM $79,665

Truth Or Consequences, NM $79,649

Arrey, NM $79,635

Caballo, NM $79,690

Derry, NM $79,285

Elephant Butte, NM $79,856

Garfield, NM $79,055

Hatch, NM $77,788

Monticello, NM $79,644

Rincon, NM $77,340

Salem, NM $78,808

Williamsburg, NM $79,749

Winston, NM $79,702

Las Cruces, NM $76,328

White Sands Missile Range, NM $76,578

Santa Teresa, NM $77,135

Playas, NM $80,017

Animas, NM $80,213

Anthony, NM $77,116

Arenas Valley, NM $80,072

Bayard, NM $79,998

Berino, NM $76,767

Buckhorn, NM $80,080

Santa Clara, NM $80,138

Chamberino, NM $76,847

Cliff, NM $79,988

Columbus, NM $79,773

Deming, NM $79,791

Dona Ana, NM $76,331

Fairacres, NM $76,559

Faywood, NM $79,754

Fort Bayard, NM $80,061

Gila, NM $79,870

Glenwood, NM $79,932

Hachita, NM $79,773

Hanover, NM $79,790

Hillsboro, NM $79,627

Hurley, NM $79,944

La Mesa, NM $77,788

Lordsburg, NM $79,958

Mesilla, NM $76,330

Mesilla Park, NM $76,338

Mesquite, NM $76,403

Mimbres, NM $79,853

Mule Creek, NM $80,069

Organ, NM $76,377

Pinos Altos, NM $79,986

Radium Springs, NM $76,360

Redrock, NM $79,783

Rodeo, NM $80,315

San Miguel, NM $76,374

Silver City, NM $79,987

Sunland Park, NM $76,724

Tyrone, NM $80,224

Vado, NM $76,434

Chaparral, NM $77,398

Clovis, NM $79,834

Cannon Afb, NM $79,657

Broadview, NM $79,601

Causey, NM $79,465

Crossroads, NM $79,276

Dora, NM $79,653

Elida, NM $79,323

Floyd, NM $79,516

Fort Sumner, NM $79,451

Grady, NM $79,677

House, NM $79,613

Kenna, NM $79,324

Lingo, NM $79,459

Melrose, NM $79,627

Milnesand, NM $79,292

Pep, NM $79,400

Portales, NM $79,691

Rogers, NM $79,422

Saint Vrain, NM $79,678

Taiban, NM $79,424

Texico, NM $79,709

Yeso, NM $79,136

Roswell, NM $79,228

Artesia, NM $79,384

Caprock, NM $79,223

Carlsbad, NM $79,436

Dexter, NM $79,284

Eunice, NM $79,507

Hagerman, NM $79,324

Hobbs, NM $79,623

Hope, NM $79,033

Jal, NM $79,413

Lake Arthur, NM $79,192

Lakewood, NM $79,310

Loco Hills, NM $79,457

Loving, NM $79,416

Lovington, NM $79,546

Mcdonald, NM $79,330

Malaga, NM $79,339

Maljamar, NM $79,261

Monument, NM $79,448

Tatum, NM $79,381

Whites City, NM $79,514

Carrizozo, NM $78,852

Alamogordo, NM $78,601

Alto, NM $78,864

Bent, NM $78,616

Capitan, NM $78,680

Cloudcroft, NM $78,607

Corona, NM $79,195

Encino, NM $79,831

Fort Stanton, NM $78,714

Glencoe, NM $78,657

High Rolls Mountain Park, NM $78,592

Holloman Air Force Base, NM $78,592

Hondo, NM $78,730

La Luz, NM $78,592

Lincoln, NM $78,501

Mayhill, NM $78,770

Mescalero, NM $78,627

Nogal, NM $78,965

Orogrande, NM $78,632

Picacho, NM $78,713

Pinon, NM $79,009

Ruidoso, NM $79,013

Ruidoso Downs, NM $78,906

Sacramento, NM $78,663

San Patricio, NM $78,756

Sunspot, NM $78,592

Timberon, NM $78,762

Tinnie, NM $78,667

Tularosa, NM $78,644

Vaughn, NM $79,509

Weed, NM $78,761

Tucumcari, NM $79,904

Amistad, NM $79,801

Bard, NM $79,673

Capulin, NM $80,576

Clayton, NM $79,956

Conchas Dam, NM $80,028

Cuervo, NM $79,643

Des Moines, NM $80,257

Folsom, NM $80,382

Garita, NM $79,875

Gladstone, NM $80,035

Grenville, NM $80,020

Logan, NM $79,902

Mcalister, NM $79,654

Nara Visa, NM $79,712

Newkirk, NM $79,800

Quay, NM $79,846

San Jon, NM $79,761

Santa Rosa, NM $79,846

Sedan, NM $79,874

Trementina, NM $79,871

(Payroll) Compensation Analyst Salary by Industry: Top Paying Sectors

For (Payroll) Compensation Analyst roles, the industry you choose can affect earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Energy & Utilities sectors offer the strongest compensation, at 10% above the average. In contrast, (Payroll) Compensation Analyst positions in Retail & Wholesale or MFG Nondurable typically offer lower base pay, as these industries often view (Payroll) Compensation Analyst as a support function rather than a direct revenue driver.

The top paying industries for a (Payroll) Compensation Analyst

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Biotechnology	$89,766	$43.0	10%
Energy & Utilities	$89,766	$43.0	10%
Financial Services	$89,766	$43.0	10%
Internet	$89,766	$43.0	10%
Pharmaceuticals	$89,766	$43.0	10%

(Payroll) Compensation Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a (Payroll) Compensation Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

$75,200

Average $81,606/year

$88,705

$6,267

Average $6,800/month

$7,392

$1,446

Average $1,569/week

$1,706

$36

Average $39/hour

$43

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$88,705	$7,392	$1,706	$43
Average	$81,606	$6,800	$1,569	$39
25th Percentile	$75,200	$6,267	$1,446	$36

Find Your Next (Payroll) Compensation Analyst Job

Ready to take the next step in your career? Browse thousands of current (Payroll) Compensation Analyst job openings on our job board. Use the search bar below to find your perfect match.

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(Payroll) Compensation Analyst Salary in New Mexico

Check out (Payroll) Compensation Analyst Job Openings in New Mexico

Key Factors That Influence (Payroll) Compensation Analyst Salaries

How Experience Level Affects (Payroll) Compensation Analyst Salaries?

How Do (Payroll) Compensation Analyst Salaries Vary from State to State?

Top Paying Cities for (Payroll) Compensation Analyst

(Payroll) Compensation Analyst Salary by Industry: Top Paying Sectors

The top paying industries for a (Payroll) Compensation Analyst

(Payroll) Compensation Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Find Your Next (Payroll) Compensation Analyst Job

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Where Does Our Salary Data Come From?

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(Payroll) Compensation Analyst Salary in New Mexico

Check out (Payroll) Compensation Analyst Job Openings in New Mexico

Key Factors That Influence (Payroll) Compensation Analyst Salaries

How Experience Level Affects (Payroll) Compensation Analyst Salaries?

How Do (Payroll) Compensation Analyst Salaries Vary from State to State?

Top Paying Cities for (Payroll) Compensation Analyst

(Payroll) Compensation Analyst Salary by Industry: Top Paying Sectors

The top paying industries for a (Payroll) Compensation Analyst

(Payroll) Compensation Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Salaries of jobs related to (Payroll) Compensation Analyst

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