Find Jobs
Find Jobs Near You – Available Work in Your Location
Compensation Analyst
Career Insights for Compensation / Benefits Analyst
See where this job fits in the broader career landscape. Knowing your career path helps you see what's possible from here.
Scorecard
Based on North Carolina data
Review key factors to help you decide if this role fits your goals. How is this calculated?
What they do
A Compensation or Benefits Analyst evaluates and works to maintain the pay structure and benefits program at an organization. Analyzes wage and salary data and trends, monitors market conditions; works with benefits vendors, processes benefit claims for employees; monitors government employment regulations. May focus specifically on job classifications and compensation or on benefits programs such as pensions.
$83,288 / year median in North Carolina
+14% projected growth
Job Description
Compensation Analyst:
- Conduct salary benchmarking and market pricing analyses using compensation survey data and industry resources.
- Utilize PayScale and other compensation tools to evaluate pay competitiveness and provide market insights.
- Analyze compensation data to support salary recommendations, annual compensation reviews, and job evaluations.
- Develop reports, dashboards, and compensation models using advanced Excel functionality.
- Partner with Human Resources and business leaders to ensure compensation programs align with organizational objectives.
- Maintain compensation data integrity and assist with audits, reporting, and compliance requirements.
- Provide analytical support for compensation projects, workforce planning, and total rewards initiatives.
Compensation Analyst:
- 2+ years of experience in compensation analysis
- Hands-on experience with salary benchmarking and market pricing methodologies.
- Experience utilizing PayScale or similar compensation survey and benchmarking platforms.
- Advanced proficiency in Microsoft Excel, including pivot tables, VLOOKUPs/XLOOKUPs, formulas, and data analysis techniques.
- Strong analytical, quantitative, and problem-solving skills. Compensation for the Compensation Analyst includes:
Salary:
$80,000 - $82,000/Annually- Comprehensive benefits package including medical, dental, vision, 401(k), and PTO This job opens for applications on 08/18/2026.
Benefits
- Paid Time Off (PTO)
- 401(k) Plans
- Health Insurance
- Dental Insurance