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Compensation Analyst III Salaries in Thunder Bay, ON

• What is the average Compensation Analyst III salary for Thunder Bay, ON?
  How much does a Compensation Analyst III in Thunder Bay, ON make? The median annual Compensation Analyst III salary in Thunder Bay, ON is C$110,076, as of September 23, 2026, with a range usually between C$100,351-C$120,292 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Compensation Analyst III may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Compensation Analyst III in Thunder Bay, ON.

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• About this chart
  This chart describes the expected percentage of people who perform the job of Compensation Analyst III in Thunder Bay, ON that make less than that salary. For example 50% of the people who perform the job of Compensation Analyst III in Thunder Bay, ON are expected to make less than the median.
  Source: HR Reported data as of September 23, 2026

• Job Description for 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. 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. 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. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. View full job description

• Similar Job titles to Compensation Analyst III
  • Billing Analyst III
  • Compensation Analyst I
  • Compensation Analyst II
  • Compensation Analyst IV
  • Compensation and Benefits Analyst III
  • Compensation and Benefits Manager
  • Compensation and Benefits Manager, Senior
  • Compensation Manager

• Level of Education
  • Compensation Analyst III Salaries with a Bachelor's Degree
  • Compensation Analyst III Salaries with a Master's Degree or MBA
  • Compensation Analyst III Salaries with a JD, MD, PhD or Equivalent

• Most Popular Cities for Compensation Analyst III in Canada
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• Most Popular Jobs Titles for Thunder Bay, ON
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• Categories that include Compensation Analyst III
  • Human Resources
  • Consulting Services

• Compensation Analyst III Salaries by Province in Canada
  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland and Labrador
  • Nova Scotia
  • Northwest Territories
  • Nunavut
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan
  • Yukon

• Human Resources Jobs by Salary Range
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