Compensation, benefits, & job analysis specialists

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2019 Workforce
73.6k
Average Age
44.1
Estimated Job Growth
8.43%
10-year projection
Average Salary
$63,541
Average Male Salary
$81,568
Average Female Salary
$58,383

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 $63,541 in 2016. The top 3 most similar occupations to Compensation, benefits, & job analysis specialists by wage are Transportation inspectors, Computer support specialists, and News analysts, reporters, and journalists.

The top 3 locations that employ the most Compensation, benefits, & job analysis specialists are Milpitas & San Jose (Northeast) Cities PUMA, CA. The top 3 locations with a relatively high concentration of Compensation, benefits, & job analysis specialists are Milpitas & San Jose (Northeast) Cities PUMA, CA.

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 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 Labor unions. Compensation, benefits, & job analysis specialists are paid most in Milpitas & San Jose (Northeast) Cities PUMA, CA but are relatively concentrated in Milpitas & San Jose (Northeast) Cities PUMA, CA.

Wages

Yearly Wage

$63,541
AVERAGE SALARY
± $4,257

In 2019, Compensation, benefits, & job analysis specialists earned an average of $63,541, $8,017 more than than the average national salary of $55,524.

News analysts, reporters, and journalists make somewhat more than Compensation, benefits, & job analysis specialists while Transportation inspectors 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

0.302
WAGE GINI

In 2015, Compensation, benefits, & job analysis specialists had a wage GINI coefficient of 0.302, which is lower than 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).

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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

PUMAs with a Relatively High Concentration of Compensation, benefits, & job analysis specialists

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, Securities, commodities, funds, trusts & other financial investments, and Administration of human resource programs.

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Industries by Share

73.6k
2019 Workforce
± 6,660
37.2%
1 YEAR GROWTH
± 10.2%

The number of people employed as Compensation, benefits, & job analysis specialists has been growing at a rate of 37.2%, from 53,662 people in 2018 to 73,620 people in 2019.

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  13.8%, followed by Securities, commodities, funds, trusts & other financial investments with 9.92% and Administration of human resource programs with 7.34%.

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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 43.4 and of female Compensation, benefits, & job analysis specialists is 44.3, and the most common race/ethnicity for Compensation, benefits, & job analysis specialists is White (Non-Hispanic).

Gender Composition

16.4k
MALE WORKFORCE
± 3,142
57.2k
FEMALE WORKFORCE
± 5,873

77.8% 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 (Non-Hispanic)
  2. Black (Non-Hispanic)
  3. White (Hispanic)

66.8% of Compensation, benefits, & job analysis specialists are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 14.6% of Compensation, benefits, & job analysis specialists, Black (Non-Hispanic) 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

43.4
AVERAGE MALE AGE
± 2.61
44.3
AVERAGE FEMALE AGE
± 1.28

The median age of Compensation, benefits, & job analysis specialists is 44.1, and Male employees are generally 0.893 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 Active Listening. The revealed comparative advantage (RCA) shows that Compensation, benefits, & job analysis specialists need more than the average amount of Science, Operations Analysis, 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 6.85%, 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
6.85%
NATIONAL AVERAGE

This line chart shows the 10-year projected employment growth (from 2018 to 2028) for Compensation, benefits, & job analysis specialists. This profession is expected to grow faster than 6.85%, the average rate of national job growth.

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