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Compensation and Benefits Analyst III Salary in the United States

How much does a Compensation and Benefits Analyst III make in the United States?

As of August 01, 2026, the average salary for a Compensation and Benefits Analyst III in the United States is $97,731 per year, which breaks down to an hourly rate of $47.

However, a Compensation and Benefits Analyst III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $105,999
  • Majority Range (25th-75th percentile): $94,246 to $102,059
  • Entry-Level (10th percentile): $91,073
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Key Factors That Influence Compensation and Benefits Analyst III Salaries

A Compensation and Benefits Analyst III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Compensation and Benefits Analyst III Salaries?

Experience is a primary driver of a Compensation and Benefits Analyst III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Compensation and Benefits Analyst I (0-2 years): $64,393
  • Compensation and Benefits Analyst II (2-4 years): $78,652
  • Compensation and Benefits Analyst III (4-7 years): $97,731
  • Compensation and Benefits Analyst IV (7+ years): $121,125
  • Compensation and Benefits Analyst V (7-10 years): $169,558
Job Role Years of Experience Average Salary
Compensation and Benefits Analyst I0-2 years$64,393
Compensation and Benefits Analyst II2-4 years$78,652
Compensation and Benefits Analyst III4-7 years$97,731
Compensation and Benefits Analyst IV7+ years$121,125
Compensation and Benefits Analyst V7-10 years$169,558
View as Graph

How Do Compensation and Benefits Analyst IIIs Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Compensation and Benefits Analyst IIIs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $108,208.
  • California: $107,797.
  • Massachusetts: $106,361.

Top Paying Cities for Compensation and Benefits Analyst III

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $123,268
  • San Francisco: $121,918
  • Oakland: $119,349

Compensation and Benefits Analyst III Salary by Company Size: Startups vs. Enterprise

Compensation and Benefits Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $109,404. While startup companies pay approximate $92,553.

Compensation and Benefits Analyst III Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $92,553
Growth Stage 51~500 $97,886
Established 501~5000 $105,649
Enterprise 5000+ $109,404

Compensation and Benefits Analyst III Salary by Industry: Top Paying Sectors

For Compensation and Benefits Analyst III roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Media and Insurance sectors offer the strongest compensation, at 50% above the average. In contrast, Compensation and Benefits Analyst positions in MFG Durable or Internet typically offer lower base pay, as these industries often view Compensation and Benefits Analyst III as a support function rather than a direct revenue driver.

The top paying industries for a Compensation and Benefits Analyst III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Media$146,596$70.050%
Insurance$136,823$66.040%
Business Services$127,050$61.030%
Aerospace & Defense$122,164$59.025%
Pharmaceuticals$117,277$56.020%

Compensation and Benefits Analyst III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Compensation and Benefits Analyst III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026
$94,246
Average $97,731/year
$102,059
$7,854
Average $8,144/month
$8,505
$1,812
Average $1,879/week
$1,963
$45
Average $47/hour
$49
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $102,059 $8,505 $1,963 $49
Average $97,731 $8,144 $1,879 $47
25th Percentile $94,246 $7,854 $1,812 $45

Compensation and Benefits Analyst III Salary Growth & Career Path

Compensation and Benefits Analyst III

Next Role

Advancement

For a Compensation and Benefits Analyst III, the most direct path to higher earnings is advancing to the Compensation and Benefits Analyst IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $121,125 - a projected growth of 24% over your current level.

Most common benefits for Compensation and Benefits Analyst III

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Compensation and Benefits Analyst III

Here are companies hiring for Compensation and Benefits Analyst III and their salaries, click below for more details.

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FAQ about Compensation and Benefits Analyst III

1. Where can a Compensation and Benefits Analyst III earn the most?

A Compensation and Benefits 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 and Benefits Analyst III earns the most in San Jose, CA, where the annual salary of a Compensation and Benefits Analyst III is $123,268.

2. What is the highest pay for Compensation and Benefits Analyst III?

The highest pay for Compensation and Benefits Analyst III is $105,999.

3. What is the lowest pay for Compensation and Benefits Analyst III?

The lowest pay for Compensation and Benefits Analyst III is $91,073.

4. What are the responsibilities of Compensation and Benefits Analyst III?

Analyzes, designs, and administers employer compensation programs and benefit programs. Designs and communicates pay structures, grades, and compensation budgets. Develops and administers benefits programs, and communicates eligibility and coverage information to employees. Advises managers on effective pay decisions. Develops and maintains job descriptions and job architecture. Participates in compensation surveys, conducts research and analysis on market competitiveness, pay equity, and compensation trends. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4 -7 years of related experience.

5. What industry pays the highest salary for Compensation and Benefits Analyst III?

The Media industry offers the highest average compensation for Compensation and Benefits Analyst III roles, with salaries approximately 50% above the market median.

Where Does Our Salary Data Come From?

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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