Principal Compensation Analyst Salary in Australia
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How much does a Principal Compensation Analyst make in Australia? The average Principal Compensation Analyst salary in Australia is A$188,414 as of March 19, 2021, but the range typically falls between A$125,992 and A$268,772. 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 global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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What does a Principal Compensation Analyst do?
Principal Compensation Analyst
Cork, IE
Payroll Analyst responsibilities include reviewing payroll data and documents for inefficiencies and errors, checking whether all amounts are accurate based on hours worked and ensuring payments are made on time.
12/18/2020
Principal Compensation Analyst
Kawasaki, JP
Lead consultants also require approval from principal consultants before making any major changes on any project.
03/09/2021
Principal Compensation Analyst
Shanghai, CN
The compensation specialist reports to the compensation and benefits manager, whose job is to plan and direct decisions about employee pay, benefits, rewards and other forms of compensation.
02/24/2021
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About Australia
Lying on the Indo-Australian Plate, the mainland of Australia is the lowest and most primordial landmass on Earth with a relatively stable geological history. The landmass includes virtually all known rock types and from all geological time periods spanning over 3.8 billion years of the Earth's history. The Pilbara Craton is one of only two pristine Archaean 3.6–2.7 Ga (billion years ago) crusts identified on the Earth.
Having been part of all major supercontinents, the Australian continent began to form after the breakup of Gondwana in the Permian, with the separation of the continental land...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Principal Compensation Analyst Pay Difference by Cities
| City, Country | Compared to national average |
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| City, Country Sydney, AU |
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| City, Country Melbourne, AU |
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| City, Country Brisbane, AU |
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| City, Country Perth, AU |
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| City, Country Adelaide, AU |
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| City, Country Gold Coast, AU |
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Employees with Principal Compensation Analyst in their job title in Sydney, AU earn an average of 3.8% more than the national average. The lower salaries can be found in Gold Coast, AU (5.4% less), Adelaide, AU (3.7% less), Brisbane, AU (1.3% less).
Similar Jobs to Principal Compensation Analyst in Australia
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| Job Title | Salary Range in AUD |
|---|---|
| Job Title Compensation Analyst II |
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| Job Title Compensation Analyst IV |
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| Job Title Compensation and Benefits Director |
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| Job Title Compensation and Benefits Manager |
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| Job Title Executive Compensation Manager |
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Understand the base salary paid range for a Principal Compensation Analyst in Australia
Average Base Salary
Core compensation
125992
268772
The chart shows the base salary for Principal Compensation Analyst ranges from A$125,992 to A$268,772 with the average base salary of A$188,414. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Principal Compensation Analyst may get paid difference by industry, location, and factors.
Principal Compensation Analyst Frequently Asked Questions in Australia
What is the salary range for a Principal Compensation Analyst in Australia? What is the average hourly rate?
The average salary for a Principal Compensation Analyst in Australia is A$188,414 per year. The salary range for a Principal Compensation Analyst is between A$125,992 and A$268,772. While we are seeing hourly wages as high as A$129 and as low as A$61, the majority of Principal Compensation Analysts are currently paid an average of A$91 in Australia. The average salary pay range for a Principal Compensation Analyst can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Principal Compensation Analyst in Australia can differ based on any or all of these varying factors.
March 19, 2021
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Why should you negotiate salary for a Principal Compensation Analyst role? What are effective negotiation strategies?
Most hiring managers in Australia expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Principal Compensation Analyst position that you can in Australia. This starting salary of the Principal Compensation Analyst position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Principal Compensation Analyst position in Australia, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs.
March 19, 2021
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How do you evaluate the advantages, opportunities, and salary for a Principal Compensation Analyst role located in large metropolitan city or in a small town?
Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of a Principal Compensation Analyst in the Australia can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. a Principal Compensation Analyst job in a large city of the Australia may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the Australia also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Principal Compensation Analyst job is right for you.
March 19, 2021
salary.com
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Last Update: March 19, 2021