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How much does a Compensation Analyst III make?

As of March 01, 2025, the average annual salary for a Compensation Analyst III in the United States is $104,382. According to Salary.com, salaries can range from a low of $86,051 to a high of $123,236, with most professionals earning between $94,787 and $114,251.

Compensation Analyst III Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $114,251 $9,521 $2,197 $55
Average $104,382 $8,698 $2,007 $50
25th Percentile $94,787 $7,899 $1,823 $46

Average Salary

25% $94,787 10% $86,051 90% $123,236 75% $114,251 $104,382 50%(Median) Didn’t find job title? Click
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How much does a Compensation Analyst III make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Compensation Analyst III 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 III 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 III's Salary?

An entry-level Compensation Analyst III with less than 1 year of experience earns about $99,055. With 1-2 years of experience, the average salary increases to $99,749. For 2-4 years of experience, the pay typically rises to $101,138. Senior-level professionals with 5-8 years of experience earn around $104,230, and those with over 8 years of experience can expect an average of $107,543.

Levels Salary
Entry Level Compensation Analyst III $99,055
Intermediate Level Compensation Analyst III $99,749
Senior Level Compensation Analyst III $101,138
Specialist Level Compensation Analyst III $104,230
Expert Level Compensation Analyst III $107,543
$99,055 0 yr
$99,749 < 2 yrs
$101,138 2-4 yrs
$104,230 5-8 yrs
$107,543 > 8 yrs
Last Updated on March 01, 2025
Entry Level 5%
Mid Level 4%
Senior Level 3%
Top Level 0%
Experienced 3%
View as graph
Last Updated on March 01, 2025

How much does salary of Compensation Analyst III 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 III is $130,477.
  • In New York, NY, the average annual salary is $121,918.
  • In Boston, MA, a Compensation Analyst III earns $117,012 per year.

What is the salary trend of Compensation Analyst III?

As of March 01, 2025, our research reveals a significant shift in Compensation Analyst III compensation over the past six years. For example, the median salary increased from $93,152 in 2023 to approximately $90,451 in 2024. (For a detailed analysis of Compensation Analyst III 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 III Over Time

2020
$???
2021
$???
2022
$???
$93,152
2023
$90,451
2024
$89,218
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$93,152
2024
$90,451
2025
$89,218
2026
$???
Last Updated on March 01, 2025

Compensation Analyst III Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $93,152
2024 $90,451
2025 $89,218
2026 View More
Last Updated on March 01, 2025

Job Openings of Compensation Analyst III

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

Most Common Benefits for Compensation Analyst III

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.8%
Bonuses 3.0%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 5.5%
Pension 3.9%
Time Off 8.8%
Core Compensation
Core Compensation Median % of Total
Base Salary $104,382 68.8%
Bonus $4,516 3.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $8,331 5.5%
401K/403B $4,574 3.0%
Disability $2,178 1.4%
Healthcare $8,352 5.5%
Pension $5,880 3.9%
Time Off $13,403 8.8%
Total Compensation $151,615 100%
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 III with different levels of education?

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

According to our 100% employer reported salary sources the median salary for a Compensation Analyst III with a Bachelor's Degree is $99,471 - $104,662. 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 III Salaries by Degree Level

Last Updated on March 01, 2025
Typical Education for Compensation Analyst III
Degree Level % of user with this level of education
No Diploma 0.6%
High School 2.9%
Associates 2.3%
Bachelors 51.5%
Masters 40.4%
Doctorate 2.3%
Typical Education for Compensation Analyst III
No Diploma 0.6%
High School 2.9%
Associates 2.3%
Bachelors 51.5%
Masters 40.4%
Doctorate 2.3%
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Compensation Analyst III Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Compensation Analyst III

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

The average annual salary of Compensation Analyst III is $104,382. In case you are finding an easy salary calculator, the average hourly pay of Compensation Analyst III is $50; the average weekly pay of Compensation Analyst III is $2,007; the average monthly pay of Compensation Analyst III is $8,698.

2. Where can a Compensation Analyst III earn the most?

A Compensation 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 Compensation Analyst III earns the most in San Jose, CA, where the annual salary of a Compensation Analyst III is $130,999.

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

The highest pay for Compensation Analyst III is $123,236.

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

The lowest pay for Compensation Analyst III is $86,051.

5. What are the responsibilities of Compensation Analyst III?

Compensation Analyst III 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 III 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 III 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 or head of a unit/department. The Compensation Analyst III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Compensation Analyst III typically requires 4-7 years of related experience.

6. What are the skills of Compensation Analyst III

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.)

Compensation Analysis: A review of employee pay in relation to an organization's pay philosophy. It often takes into account both internal equity and external competitiveness to ensure fair pay that can attract, engage, and retain talent.

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 III is $104,382 per year in the United States, updated at March 01, 2025.
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