Compensation, benefits, & job analysis specialists

Detailed Occupation

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2022 Workforce

71.3k

Average Age

44.2

Estimated Job Growth

7.04%

10-year projection

Average Salary

$76,947

Average Male Salary

$99,407

Average Female Salary

$69,913

About

Compensation, benefits, & job analysis specialists are most often employed by the Insurance carriers industry. The average yearly wage for Compensation, benefits, & job analysis specialists was $76,947 in 2022.

The locations that employ the most Compensation, benefits, & job analysis specialists are Lake County (Southwest)--Ela, Fremont, Wauconda & Cuba Townships PUMA, IL, Cook County (South Central)--Worth & Calumet Townships PUMA, IL, and Philadelphia City (Central) PUMA, PA. The locations with a relatively high concentration of Compensation, benefits, & job analysis specialists are Lake County (Southwest)--Ela, Fremont, Wauconda & Cuba Townships PUMA, IL, Cook County (North)--Wheeling Township (North & East) PUMA, IL, and Philadelphia City (Far Northeast) PUMA, PA.

Management, business, & financial occupations Management, business, science, & arts occupations Business & financial operations occupations

Employment

Employment and salary information for the Compensation, benefits, & job analysis specialists workforce. Compensation, benefits, & job analysis specialists workforce in 2022 was 71,325 people, of which 76.1% were women and 23.9% were men. Compensation, benefits, & job analysis specialists are paid most in Essex County (Northeast)--Bloomfield PUMA, NJ but are relatively concentrated in Lake County (Southwest)--Ela, Fremont, Wauconda & Cuba Townships PUMA, IL.

Employment Over Time

Metric

Grouping

17,012

Male Workforce

± 3.2k

54,313

Female Workforce

± 5.72k

The Compensation, benefits, & job analysis specialists workforce in 2022 was 71,325 people (76.1% women and 23.9% men). This implies an average annual growth of 20.2% between 2014 (59,346) and 2022 (71,325).

Employment by Location

Level

Metric

This map shows the states in the United States shaded by average wage for Compensation, benefits, & job analysis specialists.

During 2022, the states that concentrated the best average annual wage were Idaho ($139,265), Delaware ($109,658), and Rhode Island ($95,438).

Yearly Wage Ranking

$76,947

AVERAGE WAGE

#149 in the ranking (2022)

$64,683

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2022, Compensation, benefits, & job analysis specialists earned an average of $76,947, $12,265 more than the average national salary of $64,683

The graph shows the ranking of Compensation, benefits, & job analysis specialists in relation to all Detailed Occupation in 2022.

Wage Distribution

Gender

0.331

WAGE GINI

In 2022, Compensation, benefits, & job analysis specialists had a wage GINI coefficient of 0.331, which is lower than the national average of 0.478. In other words, wages are distributed more evenly for Compensation, benefits, & job analysis specialists (shown in red) than for the overall labor force (shown in gray).

The graphic shows the distribution of average salaries by buckets for Compensation, benefits, & job analysis specialists compared to the entire workforce in the country.

Industry

Information on the industries that employ Compensation, benefits, & job analysis specialists and on wages for those in the field. Insurance carriers is the industry that employs the most Compensation, benefits, & job analysis specialists, both by share and by number, though the highest paid industry for Compensation, benefits, & job analysis specialists, by average wage, is Animal food, grain & oilseed milling ($287,425).

Occupations by Industries

Metric

Value

71.3k

2022 Workforce

± 6,555

5.73%

1 YEAR GROWTH

± 12.5%

This graphic shows the share of Compensation, benefits, & job analysis specialists employed by various industries. Insurance carriers employs the largest share of Compensation, benefits, & job analysis specialists at 41.4%, followed by Securities, commodities, funds, trusts & other financial investments with 32.7% and Administration of human resource programs with 25.9%.

Diversity

Demographic information on Compensation, benefits, & job analysis specialists in the US. The workforce of Compensation, benefits, & job analysis specialists in 2022 was 71,325 people, with 76.1% woman, and 23.9% men. The average age of male Compensation, benefits, & job analysis specialists in the workforce is 43.1 and of female Compensation, benefits, & job analysis specialists is 44.6, and the most common race/ethnicity for Compensation, benefits, & job analysis specialists is White.

Gender and Age

Metric

The workforce of Compensation, benefits, & job analysis specialists in 2022 was 71,325 people, with 76.1% woman, and 23.9% men.

The age ranges that concentrated the largest workforce were 40 to 44 years (9,389 people), 45 to 49 years (9,224 people), and 50 to 54 years (9,001 people). Among them they concentrated 38.9% of the total workforce.

Ethnicity

Gender

In 2022, 14.2% of Compensation, benefits, & job analysis specialists workers were Hispanic and 85.8% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (70.6%), Puerto Rican (21.8)%, and Dominican (7.66)%

You can review this information by gender using the selectors above.

Races

In 2022, 66.3% of the Compensation, benefits, & job analysis specialists workforce were White, of which 75.2% were women and 24.8% men. Other races that concentrated a significant number of workers were Black (16.4%) and Two or More Races (7.39%).

Education & Skills

Data on higher education choices for Compensation, benefits, & job analysis specialists from The Department of Education and Census Bureau. The most common major for Compensation, benefits, & job analysis specialists is Business but the most specialized major according to RCA in 2022 were Communication Technologies.

Among the necessary skills for Compensation, benefits, & job analysis specialists, Reading Comprehension stands, but the revealed comparative advantage (RCA) shows that Compensation, benefits, & job analysis specialists need more than the average amount of Science.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

Type of Majors

Degree

The most common majors achieved by Compensation, benefits, & job analysis specialists in 2022 (counting all academic degrees) were Business (17,547 people), Social Sciences (3,834 people), and Psychology (2,975 people).

You can review this information for different academic grades by modifying the option selected in the selector above.

Education Levels

Metric

The main educational levels achieved by the Compensation, benefits, & job analysis specialists workers were Bachelors Degree (31,088 people), Some college (14,256 people), and Graduate Degree (9,855 people).

The graphic shows the Compensation, benefits, & job analysis specialists workforce by gender and educational level.

Skills

Chart

Value

Data on the critical and distinctive skills necessary for Compensation, benefits, & job analysis specialists from the Bureau of Labor Statistics. Compensation, benefits, & job analysis specialists need many skills, but most especially Reading Comprehension, Critical Thinking, Active Listening.

Projections

Projections on job growth for Compensation, Benefits, and Job Analysis Specialists from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 4.02%, but Compensation, Benefits, and Job Analysis Specialists are expected to see a growth of 7.04% over the same period. This occupation is expected to grow more than the national average.

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Compensation, Benefits, and Job Analysis Specialists.

7.04%

Estimated Job Growth

10-year Projection

4.02%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Compensation, benefits, & job analysis specialists. This profession is expected to grow more than than 4.02%, the average rate of national job growth.