(Payroll) Compensation Analyst Salary in Minnesota

How much does a (Payroll) Compensation Analyst earn in Minnesota

As of April 24, 2024, a (Payroll) Compensation Analyst in Minnesota earns an average salary of $89,815 per year.
A (Payroll) Compensation Analyst's salary in Minnesota can be paid hourly, weekly or monthly depending on the company and job type. Most part-time jobs will be paid hourly or weekly. Using the salary calculator, the average pay comes out to be about $43 an hour or $1,727/week or $7,485/month.
The average salary of a (Payroll) Compensation Analyst ranges from $80,490 to $101,753. The average salary range for a (Payroll) Compensation Analyst varies widely, which indicates that there are many opportunities for advancement, promotions, and salary increases. These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
Minnesota is ranked 13th out of 51 states nationwide for (Payroll) Compensation Analyst salaries. Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for (Payroll) Compensation Analyst jobs, with more online, real-time compensation data than any other website.

What is the Average (Payroll) Compensation Analyst Salary by City in Minnesota?

Below is a list of the average salaries for a (Payroll) Compensation Analyst in 10 cities in Minnesota. We've identified 124 cities where the typical salary for a (Payroll) Compensation Analyst job is above the average in Minnesota. The top-paid city for (Payroll) Compensation Analyst is Hopkins and the average salary for a (Payroll) Compensation Analyst job is earned $93,151 which is higher than the average in Minnesota.
This is followed by Mendota and Minneapolis in second and third places, which beat the average in Minnesota by $3,336(3.71%) and $3,336(3.71%) respectively. In fourth place is Minnetonka with a salary of $93,151, which is higher than the Minnesota average salary. Saint Paul and Osseo continue the rankings.
Based on the summary of average salaries paid by cities in Minnesota, the (Payroll) Compensation Analyst job market in Hopkins is relatively active with a higher salary paid to compare to other cities in Minnesota.
Finally, (Payroll) Compensation Analyst jobs pay differently by city, even if they are in Minnesota. The cost of living might be a key factor when considering the location and salary of a (Payroll) Compensation Analyst position.
CITY Annual Salary Monthly Pay Weekly Pay Hourly Wage
Hopkins $93,151 $7,763 $1,791 $45
Mendota $93,151 $7,763 $1,791 $45
Minneapolis $93,151 $7,763 $1,791 $45
Minnetonka $93,151 $7,763 $1,791 $45
Saint Paul $93,151 $7,763 $1,791 $45
Osseo $93,063 $7,755 $1,790 $45
Circle Pines $92,975 $7,748 $1,788 $45
Eden Prairie $92,975 $7,748 $1,788 $45
Navarre $92,975 $7,748 $1,788 $45
South Saint Paul $92,975 $7,748 $1,788 $45

What Similar Jobs are Paid to (Payroll) Compensation Analyst in Minnesota?

There are 11 jobs that we find are related to the (Payroll) Compensation Analyst job category,these similar jobs include Compensation Analyst,Executive Compensation Analyst I,Executive Compensation Analyst III,Executive Compensation Analyst II,Compensation Analyst II,Compensation Analyst III,Compensation Analyst IV,Compensation Analyst I,Principal Compensation Analyst,Senior Compensation Analyst,and Entry Compensation Analyst.
All of these 11 jobs are paid between $66,367 to $128,920, and the Principal Compensation Analyst gets the highest paid with $128,920 from them. Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others. If you're qualified to be hired for one of these similar jobs to the (Payroll) Compensation Analyst, you could refer to the below list of job salaries based on market prices in Minnesota.
JOB TITLE Annual Salary Monthly Pay Weekly Pay Hourly Wage
Compensation Analyst $82,155 $6,846 $1,580 $39
Executive Compensation Analyst I $70,698 $5,892 $1,360 $34
Executive Compensation Analyst III $115,849 $9,654 $2,228 $56
Executive Compensation Analyst II $88,941 $7,412 $1,710 $43
Compensation Analyst II $81,503 $6,792 $1,567 $39
Compensation Analyst III $104,296 $8,691 $2,006 $50
Compensation Analyst IV $128,911 $10,743 $2,479 $62
Compensation Analyst I $66,367 $5,531 $1,276 $32
Principal Compensation Analyst $128,920 $10,743 $2,479 $62
Senior Compensation Analyst $104,290 $8,691 $2,006 $50
Entry Compensation Analyst $66,370 $5,531 $1,276 $32