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.