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How much does a Compensation Analyst II make?

As of March 01, 2025, the average annual salary for a Compensation Analyst II in the United States is $81,315. Salary.com reports that pay typically ranges from $73,746 to $90,367, with most professionals earning between $66,855 and $98,609.

Compensation Analyst II Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $90,367 $7,531 $1,738 $43
Average $81,315 $6,776 $1,564 $39
25th Percentile $73,746 $6,146 $1,418 $35

Average Salary

25% $73,746 10% $66,855 90% $98,609 75% $90,367 $81,315 50%(Median) Didn’t find job title? Click
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How much does a Compensation Analyst II make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Compensation Analyst II salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Compensation Analyst II hourly pay, weekly pay, monthly pay and so on.

Last Updated on March 01, 2025
Last Updated on March 01, 2025

How Does Experience Level Affect a Compensation Analyst II's Salary?

An entry-level Compensation Analyst II with less than 1 year of experience earns about $78,177. With 1-2 years of experience, the average salary increases to $78,403. For 2-4 years of experience, the pay typically rises to $81,310. Senior-level professionals with 5-8 years of experience earn around $84,920, and those with over 8 years of experience can expect an average of $85,178.

Levels Salary
Entry Level Compensation Analyst II $78,177
Intermediate Level Compensation Analyst II $78,403
Senior Level Compensation Analyst II $81,310
Specialist Level Compensation Analyst II $84,920
Expert Level Compensation Analyst II $85,178
$78,177 0 yr
$78,403 < 2 yrs
$81,310 2-4 yrs
$84,920 5-8 yrs
$85,178 > 8 yrs
Last Updated on March 01, 2025
Entry Level 4%
Mid Level 4%
Senior Level 0%
Top Level 4%
Experienced 5%
View as graph
Last Updated on March 01, 2025

How much does salary of Compensation Analyst II vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of March 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Compensation Analyst II is $101,644.
  • In New York, NY, the average annual salary is $94,976.
  • In Boston, MA, a Compensation Analyst II earns $91,155 per year.

What is the salary trend of Compensation Analyst II?

As of March 01, 2025, our research reveals a significant shift in Compensation Analyst II compensation over the past six years. For example, the median salary increased from $72,989 in 2023 to approximately $72,561 in 2024. (For a detailed analysis of Compensation Analyst II salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Compensation Analyst II Over Time

2020
$???
2021
$???
2022
$???
$72,989
2023
$72,561
2024
$72,099
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$72,989
2024
$72,561
2025
$72,099
2026
$???
Last Updated on March 01, 2025

Compensation Analyst II Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $72,989
2024 $72,561
2025 $72,099
2026 View More
Last Updated on March 01, 2025

Job Openings of Compensation Analyst II

Salary.com job board provides millions of Compensation Analyst II information for you to search for. Click on search button below to see Compensation Analyst II job openings or enter a new job title here.

Most Common Benefits for Compensation Analyst II

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.4%
Bonuses 2.2%
Social Security 5.4%
401k/403b 3.0%
Disability 1.4%
Healthcare 7.0%
Pension 3.8%
Time Off 8.7%
Core Compensation
Core Compensation Median % of Total
Base Salary $81,315 68.4%
Bonus $2,671 2.2%
Value of Benefits
Core Compensation Median % of Total
Social Security $6,425 5.4%
401K/403B $3,527 3.0%
Disability $1,680 1.4%
Healthcare $8,352 7.0%
Pension $4,535 3.8%
Time Off $10,337 8.7%
Total Compensation $118,843 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on March 01, 2025

What are the salaries of a Compensation Analyst II with different levels of education?

Salaries for Compensation Analyst II with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Compensation Analyst II with a Bachelor's Degree is $77,611 - $81,954. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Compensation Analyst II Salaries by Degree Level

Last Updated on March 01, 2025
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%
Typical Education for Compensation Analyst II
No Diploma 1.6%
High School 1.0%
Associates 4.1%
Bachelors 46.6%
Masters 45.6%
Doctorate 1.0%
view as table

Compensation Analyst II Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Compensation Analyst II

1. What is the average salary of a Compensation Analyst II?

The average annual salary of Compensation Analyst II is $81,315. In case you are finding an easy salary calculator, the average hourly pay of Compensation Analyst II is $39; the average weekly pay of Compensation Analyst II is $1,564; the average monthly pay of Compensation Analyst II is $6,776.

2. 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 $102,051.

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

The highest pay for Compensation Analyst II is $98,609.

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

The lowest pay for Compensation Analyst II is $66,855.

5. What are the responsibilities of Compensation Analyst II?

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. Being a Compensation Analyst II 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. Additionally, Compensation Analyst II 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. The Compensation Analyst II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Compensation Analyst II typically requires 2-4 years of related experience.

6. What are the skills of Compensation Analyst II

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.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

Talent Acquisition: Talent acquisition is the process of identifying organizational staffing needs, recruiting qualified candidates and selecting the candidates best suited for the available positions.

3.)

Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

About Our Data

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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The average salary for a Compensation Analyst II is $81,315 per year in the United States, updated at March 01, 2025.
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