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Compensation Analyst II Salary in the United States

How much does a Compensation Analyst II make in the United States?

As of October 01, 2026, the average salary for a Compensation Analyst II in the United States is $80,465 per year, which breaks down to an hourly rate of $39.

However, a Compensation Analyst II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $92,550
  • Majority Range (25th-75th percentile): $72,117 to $86,791
  • Entry-Level (10th percentile): $64,517
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Compensation Analyst II Salaries

A Compensation Analyst II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Compensation Analyst II Salaries?

Experience is a primary driver of a Compensation Analyst II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Compensation Analyst I (0-2 years): $66,358
  • Compensation Analyst II (2-4 years): $80,465
  • Compensation Analyst III (4-7 years): $103,871
  • Compensation Analyst IV (7+ years): $126,143
  • Compensation Supervisor (7+ years): $120,941
Job Role Years of Experience Average Salary
Compensation Analyst I0-2 years$66,358
Compensation Analyst II2-4 years$80,465
Compensation Analyst III4-7 years$103,871
Compensation Analyst IV7+ years$126,143
Compensation Supervisor7+ years$120,941
View as Graph

How Do Compensation Analyst II Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Compensation Analyst IIs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $89,091.
  • California: $88,753.
  • Massachusetts: $87,570.

Top Paying Cities for Compensation Analyst IIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $101,491
  • San Francisco: $100,379
  • Oakland: $98,264

What Skills Can Increase a Compensation Analyst II's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 18.14% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Microsoft Office (Mentioned in 2% Job Postings): 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.
  • Data Analysis (Mentioned in 1.57% Job Postings): Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.
Skills Demand Percentage
Analysis 18.14%
Microsoft Office 2%
Data Analysis 1.57%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Compensation Analyst II's salary.

  • Compensation Planning: Can increase your salary by up to 5%.
  • Partnering: Can increase your salary by up to 5%.
  • Executive Compensation: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Compensation Planning $84,488
5%
Partnering $84,488
5%
Executive Compensation $84,488
5%
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Compensation Analyst II Salary by Company Size: Startups vs. Enterprise

Compensation Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $89,831. While startup companies pay approximate $76,064.

Compensation Analyst II Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $76,064
Growth Stage 51~500 $80,428
Established 501~5000 $86,739
Enterprise 5000+ $89,831

Compensation Analyst II Salary by Industry: Top Paying Sectors

For Compensation Analyst II roles, the industry you choose can affect earning potential by as much as 32% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Pharmaceuticals sectors offer the strongest compensation, at 18% above the average. In contrast, Compensation Analyst positions in Biotechnology or Retail & Wholesale typically offer lower base pay, as these industries often view Compensation Analyst II as a support function rather than a direct revenue driver.

The top paying industries for a Compensation Analyst II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Energy & Utilities$94,949$46.018%
Pharmaceuticals$93,339$45.016%
Insurance$88,512$43.010%
Chemicals$86,098$41.07%
Internet$85,293$41.06%

How Education impacts a Compensation Analyst II's Salary?

Your level of education can impact your salary potential. While many Compensation Analyst II enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Compensation Analyst II with a Bachelor's Degree is between $77,611 and $81,954.

Compensation Analyst II Salaries by Degree Level

Typical Education for Compensation Analyst II
Degree Level % of user with this level of education
No Diploma 1.6%
High School 1.0%
Associates 4.1%
Bachelors 46.6%
Masters 45.6%
Doctorate 1.0%
View as Graph

Compensation Analyst II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Compensation Analyst II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$72,117
Average $80,465/year
$86,791
$6,010
Average $6,705/month
$7,233
$1,387
Average $1,547/week
$1,669
$35
Average $39/hour
$42
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $86,791 $7,233 $1,669 $42
Average $80,465 $6,705 $1,547 $39
25th Percentile $72,117 $6,010 $1,387 $35

Compensation Analyst II Salary Growth & Career Path

Compensation Analyst II

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Compensation Analyst II, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Next Step Role Estimate Salary Projected Raise
Stock Plan Administrator III $104,992 30%
Compensation Analyst III $103,871 29%
Executive Compensation Analyst III $112,807 40%

Most common benefits for Compensation Analyst II

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Compensation Analyst II

Here are companies hiring for Compensation Analyst II and their salaries, click below for more details.

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FAQ about Compensation Analyst II

1. Where can a Compensation Analyst II earn the most?

A Compensation Analyst II'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 Compensation Analyst II earns the most in San Jose, CA, where the annual salary of a Compensation Analyst II is $101,491.

2. What is the highest pay for Compensation Analyst II?

The highest pay for Compensation Analyst II is $92,550.

3. What is the lowest pay for Compensation Analyst II?

The lowest pay for Compensation Analyst II is $64,517.

4. What are the responsibilities of Compensation Analyst II?

Analyzes, designs, and administers employer compensation programs, including base pay, long and short-term incentives, spot bonuses, commissions, and stock that align with company objectives for recruiting, retention, and employee engagement. Designs and communicates pay structures, grades, compensation budgets, and guidelines. Advises managers on making effective pay decisions that support employee engagement and comply with compensation policy and budgetary guidelines. Evaluates jobs and develops and maintains job descriptions and job architecture. Participates in compensation surveys, conducts research and analysis on market competitiveness, pay equity, and compensation trends. Requires a bachelor's degree or equivalent. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.

5. What industry pays the highest salary for Compensation Analyst II?

The Energy & Utilities industry offers the highest average compensation for Compensation Analyst II roles, with salaries approximately 18% above the market median.

Where Does Our Salary Data Come From?

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.

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