Compensation, benefits, & job analysis specialists

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Total Workforce

58.3k

Average Age

44.8

Estimated Job Growth

8.43%

10-year projection

Average Salary

$63,729

Average Male Salary

$85,831

Average Female Salary

$55,560

About

Compensation, benefits, & job analysis specialists are most often employed by the Insurance carriers & related activities industry. The average yearly wage for Compensation, benefits, & job analysis specialists was $63,729 in 2016. The top 3 most similar occupations to Compensation, benefits, & job analysis specialists by wage are Firstline enlisted military supervisors, Other Sales Workers, and Fundraisers.

Compensation, benefits, & job analysis specialists are part of the Business & financial operations occupations, along with Agents & business managers of artists, performers, & athletes, Buyers & purchasing agents, farm products, Wholesale & retail buyers, except farm products, Purchasing agents, except wholesale, retail, & farm products, Claims adjusters, appraisers, examiners, & investigators, Compliance officers, Cost estimators, Human resources workers, Logisticians, Management analysts, Meeting, convention, & event planners, Fundraisers, Compensation, benefits, & job analysis specialists, Training & development specialists, Market research analysts & marketing specialists, Business operations specialists, all other, Accountants & auditors, Appraisers & assessors of real estate, Budget analysts, Credit analysts, Financial analysts, Personal financial advisors, Insurance underwriters, Financial examiners, Credit counselors & loan officers, Tax examiners & collectors, & revenue agents, Tax preparers, and Other financial specialists

The top 3 locations that employ the most Compensation, benefits, & job analysis specialists are . The top 3 locations with a relatively high concentration of Compensation, benefits, & job analysis specialists are .

Employment

Information on the businesses and industries that employ Compensation, benefits, & job analysis specialists and on wages and locations for those in the field. Insurance carriers & related activities 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 Banking & related activities. Compensation, benefits, & job analysis specialists are paid most in false but are relatively concentrated in false.

Wages

Yearly Wage

$63,729

AVERAGE SALARY

± $5,830

In 2017, Compensation, benefits, & job analysis specialists earned an average of $63,729, $11,664 more than than the average national salary of $52,065.

Fundraisers make somewhat more than Compensation, benefits, & job analysis specialists while Firstline enlisted military supervisors make somewhat less. This chart shows the various occupations closest to Compensation, benefits, & job analysis specialists as measured by average annual salary in the US.

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Wage Distribution

0.339

WAGE GINI

In 2017, Compensation, benefits, & job analysis specialists had a wage GINI coefficient of 0.339, which is lower than than the national average of 0.479. 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).

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Wage by Location

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Compensation, benefits, & job analysis specialists.

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Spatial Concentration

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Compensation, benefits, & job analysis specialists.

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Industries

Most Common

The most common industries employing Compensation, benefits, & job analysis specialists, by number of employees, are Insurance carriers & related activities, Administration of human resource programs, and Securities, commodities, funds, trusts & other financial investments.

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Highest Paying

The highest paying industries for Compensation, benefits, & job analysis specialists, by average wage, are Banking & related activities, Motor vehicles & motor vehicle equipment manufacturing, and Nondepository credit & related activities.

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Industries by Share

58.3k

2017 Workforce

± 5,925

11.2%

1 YEAR GROWTH

± 13.3%

The number of people employed as Compensation, benefits, & job analysis specialists has been growing at a rate of 11.2%, from 52,406 people in 2016 to 58,262 people in 2017.

This graphic shows the share of Compensation, benefits, & job analysis specialists employed by various industries. Insurance carriers & related activities employs the largest share of Compensation, benefits, & job analysis specialists at  16%, followed by Administration of human resource programs with 7.78% and Securities, commodities, funds, trusts & other financial investments with 6.69%.

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Diversity

Demographic information on Compensation, benefits, & job analysis specialists in the US. The average age of male Compensation, benefits, & job analysis specialists in the workforce is 44.5 and of female Compensation, benefits, & job analysis specialists is 44.9, and the most common race/ethnicity for Compensation, benefits, & job analysis specialists is White.

Gender Composition

15.7k

MALE WORKFORCE

± 3,078

42.5k

FEMALE WORKFORCE

± 5,063

73% of Compensation, benefits, & job analysis specialists are Female, making them the more common gender in the occupation. This chart shows the gender breakdown of Compensation, benefits, & job analysis specialists.

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Race & Ethnicity

Most Common Race or Ethnicity of Compensation, benefits, & job analysis specialists

  1. White

  2. Black

  3. Asian

73.6% of Compensation, benefits, & job analysis specialists are White, making that the most common race or ethnicity in the occupation. Representing 16.3% of Compensation, benefits, & job analysis specialists, Black is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Compensation, benefits, & job analysis specialists.

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Age by Gender

44.5

AVERAGE MALE AGE

± 2.74

44.9

AVERAGE FEMALE AGE

± 1.42

The median age of Compensation, benefits, & job analysis specialists is 44.8, and Male employees are generally 0.359 years younger than than their Female counterparts.

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Education

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 a relatively high number of Compensation, benefits, & job analysis specialists hold a major in Math & Statistics.

Majors

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

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Skills

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, and Speaking. The revealed comparative advantage (RCA) shows that Compensation, benefits, & job analysis specialists need more than the average amount of Operations Analysis, Science, and Programming.

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Bar Chart

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Growth Projections

Projections on wages and job growth for Compensation, benefits, & job analysis specialists from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 7.4%, but Compensation, benefits, & job analysis specialists are expected to see a growth of 8.43% over the same period. This occupation is expected to grow higher than the national average.

Job Growth

8.43%

ESTIMATED GROWTH

7.4%

NATIONAL AVERAGE

This line chart shows the 10-year projected employment growth (from 2016 to 2026) for Compensation, benefits, & job analysis specialists. This profession is expected to grow faster than 7.4%, the average rate of national job growth.

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