As of March 01, 2025, the average annual salary for a Compensation Analyst IV in Troy, MI is $124,202. Salary.com reports that pay typically ranges from $115,494 to $135,159, with most professionals earning between $107,566 and $145,136.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $134,621 | $11,218 | $2,589 | $65 |
| Average | $123,707 | $10,309 | $2,379 | $59 |
| 25th Percentile | $115,034 | $9,586 | $2,212 | $55 |
An entry-level Compensation Analyst IV with under 1 year experience makes about $119,653. With less than 2 years of experience, a mid-level Compensation Analyst IV makes around $120,303. After 2-4 years, the Compensation Analyst IV pay rises to about $121,343. Those senior Compensation Analyst IV with 5-8 years of experience earn roughly $122,642, and those Compensation Analyst IV having 8 years or more experience are expected to earn about $124,529 on average.
| Levels | Salary |
|---|---|
| Entry Level Compensation Analyst IV | $119,653 |
| Intermediate Level Compensation Analyst IV | $120,303 |
| Senior Level Compensation Analyst IV | $121,343 |
| Specialist Level Compensation Analyst IV | $122,642 |
| Expert Level Compensation Analyst IV | $124,529 |
| Entry Level | 3% |
| Mid Level | 3% |
| 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.
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.
| Skill | Salary | Demand |
|---|---|---|
|
Executive Compensation
|
$139,106 |
12%
|
|
Salary Planning
|
$137,864 |
11%
|
|
Partnering
|
$134,138 |
8%
|
|
Consulting
|
$132,896 |
7%
|
|
Innovation
|
$131,654 |
6%
|
|
Alignment
|
$130,412 |
5%
|
