The salary of a Benefits Analyst III in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of December 01, 2024, the average annual pay of Benefits Analyst III in the United States is $94,916. While Salary.com is seeing that Benefits Analyst III salary in the US can go up to $112,483 or down to $78,788, but most earn between $86,474 and $104,111. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Benefits Analyst III in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $104,111 | $8,676 | $2,002 | $50 |
| Average | $94,916 | $7,910 | $1,825 | $46 |
| 25th Percentile | $86,474 | $7,206 | $1,663 | $42 |
As of December 01, 2024, Salary.com is seeing that an entry-level Benefits Analyst III with under 1 year experience makes about $91,065. With less than 2 years of experience, a mid-level Benefits Analyst III makes around $91,694. After 2-4 years, the Benefits Analyst III pay rises to about $92,950. Those senior Benefits Analyst III with 5-8 years of experience earn roughly $95,807, and those Benefits Analyst III having 8 years or more experience is expected to earn about $98,997 on average.
| Levels | Salary |
|---|---|
| Entry Level Benefits Analyst III | $91,065 |
| Intermediate Level Benefits Analyst III | $91,694 |
| Senior Level Benefits Analyst III | $92,950 |
| Specialist Level Benefits Analyst III | $95,807 |
| Expert Level Benefits Analyst III | $98,997 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 1% |
| Experienced | 4% |
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of December 01, 2024, the average yearly salary of Benefits Analyst III is $104,693 in California and in Massachusetts, the average annual salary goes to $103,269. While in New Jersey, a Benefits Analyst III earns $104,028 per year.
What Am I Worth?
Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of December 01, 2024, the average yearly salary of Benefits Analyst III in San Francisco, CA is $118,645 and in New York, NY, the average annual salary goes to $110,862. While a Benefits Analyst III earns $106,401 per year in Boston, MA.
For those exploring the changing dynamics of Benefits Analyst III salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of December 01, 2024, our research highlights a notable shift in Benefits Analyst III compensation over the past six years. For instance, the median salary has moved from $87,243 in 2023 to about $86,685 in 2024 (for a comprehensive analysis of Benefits Analyst III salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.
Salary.com job board provides millions of Benefits Analyst III information for you to search for. Click on search button below to see Benefits Analyst III job openings or enter a new job title here.
Here are companies hiring for Benefits Analyst III and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $94,916 | 68.0% | ||
| Bonus | $4,761 | 3.4% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $7,625 | 5.5% | ||
| 401K/403B | $4,186 | 3.0% | ||
| Disability | $1,994 | 1.4% | ||
| Healthcare | $8,352 | 6.0% | ||
| Pension | $5,383 | 3.9% | ||
| Time Off | $12,268 | 8.8% | ||
| Total Compensation | $139,485 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.0% |
| High School | 4.7% |
| Associates | 4.7% |
| Bachelors | 65.8% |
| Masters | 21.8% |
| Doctorate | 2.1% |
What Am I Worth?
The average annual salary of Benefits Analyst III is $94,916. In case you are finding an easy salary calculator, the average hourly pay of Benefits Analyst III is $46; the average weekly pay of Benefits Analyst III is $1,825; the average monthly pay of Benefits Analyst III is $7,910.
A Benefits Analyst III'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 III earns the most in San Jose, CA, where the annual salary of a Benefits Analyst III is $119,120.
The highest pay for Benefits Analyst III is $112,483.
The lowest pay for Benefits Analyst III is $78,788.
Benefits Analyst III researches, analyzes, evaluates, and administers corporate benefit plans and programs to meet the organization's strategy. Analyzes current benefits trends to estimate impact on organization and tracks applicable benefits legislation. Being a Benefits Analyst III provides reports to management regarding employee benefits data findings. May lead and direct the work of lower level benefits analysts. Additionally, Benefits Analyst III may provide recommendations of benefit programs to management. Requires a bachelor's degree. Typically reports to a Manager. The Benefits Analyst III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Benefits Analyst III typically requires 4 to 7 years of related experience.
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