What does a Compensation Analyst Manager do?

Compensation analysts ensure that employee salaries are competitive and reasonable at a company. Through the analysis of income statements and balance sheets, they ensure that financial data is accurate, and they assess existing incumbent data to classify jobs from the position, title, level of responsibility, geological scope, and number of employees being supervised.

Compensation analysts summarize and offer possible alterations to an organization's payment and compensation structures and develop compensation structures that optimize hiring and maximize employee retention through analysis of remuneration packages and position responsibilities. As human resources experts in labor cost, compensation analysis and benefits package structures, they will sometimes predict future trends to steer the company in a positive direction with its benefits and salary packages. Compensation analysts also keep an eye on external salaries to calculate in-house pay grades, and they sometimes create and apply employee incentive plans to maintain and attract proper talent. Compensation analysts need a bachelor’s degree and relevant work experience.

Education--
Work/Life Balance
3.8 ★
Salary Range--
Career Opportunity
3.8 ★
Avg. Experience2-4 years

Compensation Analyst Salaries

Average Base Pay

£38,365 /yr
Same as national average
Not including cash compensation
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£24K
Median: £38K
£62K
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Glassdoor Estimated Salary

Compensation Analyst Manager Career Path

Learn how to become a Compensation Analyst Manager, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

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Compensation Analyst Manager Insights

Read what Compensation Analyst Manager professionals have to say about their job experiences and view top companies for this career.
Lowe's Home ImprovementLowe's Home Improvement
Senior Compensation Analyst
9 Oct 2020

“Career development and providing advancement”

Cambia Health SolutionsCambia Health Solutions
Senior Compensation Analyst
3 May 2021

“Low merit increases.”

The Home DepotThe Home Depot
Senior Compensation Analyst
30 Apr 2021

“There isn't as much pressure and speed to get projects done but there is much more worklife balance and room to focus on your development.”

HoneywellHoneywell
Senior Sales Compensation Analyst
17 Jan 2021

“Work Life Balance is Good”

The Babcock & Wilcox CompanyThe Babcock & Wilcox Company
Compensation Analyst
23 Apr 2021

“Executives are not the best at communicating”

ABBABB
Senior Compensation Analyst
20 Sep 2021

“Worklife balance is not difficult”

AonAon
Senior Compensation Analyst
19 Oct 2020

“Ironically compensation was not competitive”

Universal Technical InstituteUniversal Technical Institute
Compensation Manager
21 Jul 2020

“Pay for performance program was decent”

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Compensation Analyst Manager Interviews

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