Compensation Analyst III Salary in Madrid, ES

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How much does a Compensation Analyst III make in Madrid, ES? The average Compensation Analyst III salary in Madrid, ES is €57,658 as of April 08, 2021, but the range typically falls between €42,672 and €75,030. 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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Global Market Data
50TH(Median) €57,658 25TH €42,672 75TH €75,030

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Skills to Boost a Compensation Analyst III Salary

Mastering key skills can significantly increase your earning potential as a Compensation Analyst III. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 19% salary raise, while strong Microsoft Office skills boost pay by a 2%. Even Compensation Management can result in a 1% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Microsoft Office
Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
Compensation Management
Managing and determining the salary, bonuses, and benefits to ensure competitive and appropriate compensation for employees.
More Skills...
Based on recent job listings, in-demand skills in the Compensation Analyst III field include Analysis (19%), Microsoft Office (2%), Compensation Management (1%), and Microsoft Excel (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Analysis €68,613
Analysis
€68,613
19%
Microsoft Office €58,811
Microsoft Office
€58,811
2%
Compensation Management €58,234
Compensation Management
€58,234
1%
Microsoft Excel €58,234
Microsoft Excel
€58,234
1%
Analysis
6.83%
Microsoft Office
0.83%
Compensation Management
1.85%
Microsoft Excel
15.76%
Job Openings for Compensation Analyst III in Madrid, Spain
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About Madrid, Spain

Madrid lies on the southern Meseta Central, 60 km south of the Guadarrama mountain range and straddling the Jarama and Manzanares river sub-drainage basins, in the wider Tagus River catchment area. There is a considerable difference in altitude within the city proper ranging from the 700 m (2,297 ft) around Plaza de Castilla in the north of city to the 570 m (1,870 ft) around La China wastewater treatment plant on the Manzanares' riverbanks, near the latter's confluence with the Fuente Castellana thalweg in the south of the city. The Monte de El Pardo (a protected forested area covering over a...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Compensation Analyst III Pay Difference by Cities

City, Country Compared to national average
City, Country Madrid, ES Compared to national average
+ 9.0%
City, Country Bilbao, ES Compared to national average
+ 6.0%
City, Country Alicante, ES Compared to national average
-6.7%
City, Country Cordova, ES Compared to national average
-4.1%
City, Country Valladolid, ES Compared to national average
+ 2.0%
City, Country Vigo, ES Compared to national average
-5.9%
Employees with Compensation Analyst III in their job title in Madrid, ES earn an average of 9.0% more than the national average. The lower salaries can be found in Alicante, ES (6.7% less), Vigo, ES (5.9% less), Cordova, ES (4.1% less).

Understand the base salary paid range for a Compensation Analyst III in Madrid, ES

Average Base Salary

Core compensation

42672
75030
57658
The chart shows the base salary for Compensation Analyst III in Madrid ranges from €42,672 to €75,030 with the average base salary of €57,658. 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 Compensation Analyst III may get paid difference by industry, location, and factors.

Compensation Analyst III Frequently Asked Questions

Can I expect to receive a higher salary for the position of Compensation Analyst III in Madrid than for the same job in Alicante in the Spain?

On average, a Compensation Analyst III, working in Madrid, Spain, would generally get a higher salary than those working in the city of Alicante. The larger cities in the ES typically provide numerous opportunities for Compensation Analyst III Jobs. Since Madrid, Spain is an attractive place to work for many professions, Compensation Analyst III Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location. April 08, 2021 salary.com )
What is the salary range for a Compensation Analyst III in Madrid, Spain? What is the average hourly rate?

The average salary for a Compensation Analyst III in Madrid, Spain is €57,658 per year. The salary range for a Compensation Analyst III is between €42,672 and €75,030. While we are seeing hourly wages as high as €36 and as low as €21, the majority of Compensation Analyst IIIs are currently paid an average of €28 in Madrid, Spain. The average salary pay range for a Compensation Analyst III 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 Compensation Analyst III in Madrid, Spain can differ based on any or all of these varying factors. April 08, 2021 salary.com )
Besides the base pay, what other benefits might be negotiable when considering a Compensation Analyst III job? What common items are generally included in a total compensation package?

A total compensation package consists of base pay or salary and all other types of pay and benefits that a Compensation Analyst III working in Madrid, Spain will receive in exchange for their job. Some common items included in the total compensation of a Compensation Analyst III working in the Madrid, Spain are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Madrid, Spain might also offer long-term incentives such as stock options or stock grants for Compensation Analyst IIIs. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you. April 08, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: April 08, 2021