As of March 01, 2025, the average annual salary for a Benefits Analyst I in the United States is $64,613. According to Salary.com, salaries can range from a low of $51,853 to a high of $76,887, with most professionals earning between $57,934 and $71,038.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $71,038 | $5,920 | $1,366 | $34 |
| Average | $64,613 | $5,384 | $1,243 | $31 |
| 25th Percentile | $57,934 | $4,828 | $1,114 | $28 |
An entry-level Benefits Analyst I with less than 1 year of experience earns about $63,582. With 1-2 years of experience, the average salary increases to $64,058. For 2-4 years of experience, the pay typically rises to $65,243. Senior-level professionals with 5-8 years of experience earn around $66,033, and those with over 8 years of experience can expect an average of $66,231.
| Levels | Salary |
|---|---|
| Entry Level Benefits Analyst I | $63,582 |
| Intermediate Level Benefits Analyst I | $64,058 |
| Senior Level Benefits Analyst I | $65,243 |
| Specialist Level Benefits Analyst I | $66,033 |
| Expert Level Benefits Analyst I | $66,231 |
| Entry Level | 2% |
| Mid Level | 1% |
| Senior Level | 1% |
| Top Level | 2% |
| Experienced | 3% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Benefits Analyst I compensation over the past six years. For example, the median salary increased from $58,345 in 2023 to approximately $58,810 in 2024. (For a detailed analysis of Benefits Analyst I salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Benefits Analyst I information for you to search for. Click on search button below to see Benefits Analyst I job openings or enter a new job title here.
Here are companies hiring for Benefits Analyst I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $64,613 | 67.9% | ||
| Bonus | $1,347 | 1.4% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $5,046 | 5.3% | ||
| 401K/403B | $2,770 | 2.9% | ||
| Disability | $1,319 | 1.4% | ||
| Healthcare | $8,352 | 8.8% | ||
| Pension | $3,562 | 3.7% | ||
| Time Off | $8,118 | 8.5% | ||
| Total Compensation | $95,127 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 10.0% |
| Associates | 7.9% |
| Bachelors | 61.4% |
| Masters | 20.7% |
What Am I Worth?
The average annual salary of Benefits Analyst I is $64,613. In case you are finding an easy salary calculator, the average hourly pay of Benefits Analyst I is $31; the average weekly pay of Benefits Analyst I is $1,243; the average monthly pay of Benefits Analyst I is $5,384.
A Benefits Analyst I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Benefits Analyst I earns the most in San Jose, CA, where the annual salary of a Benefits Analyst I is $81,089.
The highest pay for Benefits Analyst I is $76,887.
The lowest pay for Benefits Analyst I is $51,853.
Benefits Analyst I researches, analyzes, evaluates, and administers corporate benefit plans and programs. Monitors benefit trends in the business environment and must stay abreast of applicable benefits legislation. Being a Benefits Analyst I assists in determining impact of new policies or provisions. May require a bachelor's degree. Additionally, Benefits Analyst I typically reports to a manager. The Benefits Analyst I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Benefits Analyst I typically requires 0-2 years of related experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Networking: Ability to maintain, build and expand a personal and business contact list to grow one's career and business opportunities.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
COBRA: The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan .
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
