As of April 01, 2025, the average annual salary for a Compensation Analyst II in Richmond, VA is $76,679. Salary.com reports that pay typically ranges from $73,286 to $82,068, with most professionals earning between $70,196 and $86,974.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $84,328 | $7,027 | $1,622 | $41 |
| Average | $78,791 | $6,566 | $1,515 | $38 |
| 25th Percentile | $75,304 | $6,275 | $1,448 | $36 |
An entry-level Compensation Analyst II with under 1 year experience makes about $75,565. With less than 2 years of experience, a mid-level Compensation Analyst II makes around $75,666. After 2-4 years, the Compensation Analyst II pay rises to about $77,082. Those senior Compensation Analyst II with 5-8 years of experience earn roughly $79,333, and those Compensation Analyst II having 8 years or more experience are expected to earn about $79,494 on average.
| Levels | Salary |
|---|---|
| Entry Level Compensation Analyst II | $75,565 |
| Intermediate Level Compensation Analyst II | $75,666 |
| Senior Level Compensation Analyst II | $77,082 |
| Specialist Level Compensation Analyst II | $79,333 |
| Expert Level Compensation Analyst II | $79,494 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 2% |
| Top Level | 1% |
| Experienced | 1% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
| Skill | Salary | Demand |
|---|---|---|
|
Compensation Planning
|
$80,513 |
5%
|
|
Partnering
|
$80,513 |
5%
|
|
Executive Compensation
|
$80,513 |
5%
|
|
Project Management
|
$79,747 |
4%
|
|
Economics
|
$78,980 |
3%
|
|
Insight
|
$78,980 |
3%
|
