A person working as a Lead Compensation Analyst in United States of America will on average earn $109619 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $109,619.00 |
| Weekly salary | $2,108.06 |
| Daily salary | $300.33 |
| Hourly salary | $37.54 |
This means lead compensation analyst salary is above average!
Job Industry: human resources
Description: A lead compensation analyst is responsible for managing and overseeing the compensation programs within an organization. They are responsible for conducting market research and analysis to determine competitive salary ranges, creating and implementing compensation strategies, and ensuring compliance with legal and regulatory requirements. They collaborate with HR teams and senior management to design and administer compensation plans, including base pay, incentives, and benefits. Additionally, they analyze employee data and performance metrics to make recommendations for adjustments or improvements to the compensation structure. A lead compensation analyst also plays a key role in conducting job evaluations and benchmarking exercises to ensure internal equity and external competitiveness. Strong analytical skills, knowledge of compensation practices and regulations, attention to detail, and the ability to communicate effectively are essential for success in this role.
Tagged with: lead compensation analyst, compensation management, market research, compensation strategy, compliance, job evaluation