Compensation Analyst III analyzes, designs, and administers employer compensation programs, including base pay, incentive pay, and performance management programs. Evaluates jobs, determines pay grades, participates in compensation surveys, and performs associated analysis. Being a Compensation Analyst III ensures that requests for pay adjustments comply with current compensation policy. Requires a bachelor's degree. Additionally, Compensation Analyst III typically reports to manager or head of a unit/department. The Compensation Analyst III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Compensation Analyst III typically requires 4 to 7 years of related experience.