Principal Compensation Analyst Salary in Germany
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How much does a Principal Compensation Analyst make in Germany? The average Principal Compensation Analyst salary in Germany is €91,653 as of March 23, 2021, but the range typically falls between €77,437 and €115,583. 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 Germany
Germany is in Western and Central Europe, bordering Denmark to the north, Poland and the Czech Republic to the east, Austria to the southeast, and Switzerland to the south-southwest. France, Luxembourg and Belgium are situated to the west, with the Netherlands to the northwest. Germany is also bordered by the North Sea and, at the north-northeast, by the Baltic Sea. German territory covers 357,022 km2 (137,847 sq mi), consisting of 348,672 km2 (134,623 sq mi) of land and 8,350 km2 (3,224 sq mi) of water. It is the seventh largest country by area in Europe and the 62nd largest in the world.
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Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Principal Compensation Analyst Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Rhine-Ruhr, DE |
Compared to national average
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| City, Country Stuttgart, DE |
Compared to national average
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| City, Country Dusseldorf, DE |
Compared to national average
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| City, Country Cologne, DE |
Compared to national average
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| City, Country Bremen/Oldenburg, DE |
Compared to national average
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| City, Country Frankfurt/Rhine-Main, DE |
Compared to national average
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Employees with Principal Compensation Analyst in their job title in Cologne, DE earn an average of 10.5% more than the national average. The lower salaries can be found in Rhine-Ruhr, DE (3.5% less), Dusseldorf, DE (0.7% less).
Similar Jobs to Principal Compensation Analyst in Germany
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| Job Title | Salary Range in EUR |
|---|---|
| Job Title Compensation Analyst II |
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| Job Title Compensation Analyst III |
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| Job Title Compensation Analyst IV |
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| Job Title Intermediate Compensation Analyst |
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| Job Title Principal Accounting Officer |
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Understand the base salary paid range for a Principal Compensation Analyst in Germany
Average Base Salary
Core compensation
77437
115583
The chart shows the base salary for Principal Compensation Analyst ranges from €77,437 to €115,583 with the average base salary of €91,653. 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 Germany
What is the salary range for a Principal Compensation Analyst in Germany? What is the average hourly rate?
The average salary for a Principal Compensation Analyst in Germany is €91,653 per year. The salary range for a Principal Compensation Analyst is between €77,437 and €115,583. While we are seeing hourly wages as high as €56 and as low as €37, the majority of Principal Compensation Analysts are currently paid an average of €44 in Germany. 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 Germany can differ based on any or all of these varying factors.
March 23, 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 Germany 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 Germany. 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 Germany, 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 23, 2021
salary.com
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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 Germany 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 Germany 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 Germany 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 23, 2021
salary.com
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Last Update: March 23, 2021