Compensation, benefits, & job analysis specialists

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Total Workforce

53.7k

Average Age

45.5

Average Salary

$64,731

Average Male Salary

$83,013

Average Female Salary

$58,493

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 $64,731 in 2016. The top 3 most similar occupations to Compensation, benefits, & job analysis specialists by wage are Stationary engineers & boiler operators, Court reporters and simultaneous captioners, and Writers & authors.

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, and 24 more.

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 .

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

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 false but are relatively concentrated in false.

Wages

Yearly Wage

$64,731

AVERAGE SALARY

± $5,452

In 2018, Compensation, benefits, & job analysis specialists earned an average of $64,731, $10,842 more than than the average national salary of $53,888.

Writers & authors make somewhat more than Compensation, benefits, & job analysis specialists while Stationary engineers & boiler operators 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.

Wage Distribution

0.294

WAGE GINI

In 2018, Compensation, benefits, & job analysis specialists had a wage GINI coefficient of 0.294, 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).

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.

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.

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 Agencies, brokerages, and other insurance related activities.

Highest Paying

The highest paying industries for Compensation, benefits, & job analysis specialists, by average wage, are Banking & related activities, Labor unions, Motor vehicles & motor vehicle equipment manufacturing, Nondepository credit & related activities, Securities, commodities, funds, trusts & other financial investments, and Construction.

Industries by Share

53.7k

2018 Workforce

± 5,686

-7.9%

1 YEAR GROWTH

± 15.9%

The number of people employed as Compensation, benefits, & job analysis specialists has been declining at a rate of -7.9%, from 58,262 people in 2017 to 53,662 people in 2018.

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 11.1%, followed by Securities, commodities, funds, trusts & other financial investments with 10.7% and Agencies, brokerages, and other insurance related activities with 6.51%.

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 43.7 and of female Compensation, benefits, & job analysis specialists is 46.1, and the most common race/ethnicity for Compensation, benefits, & job analysis specialists is White (Non-Hispanic).

Gender Composition

13.7k

MALE WORKFORCE

± 2,868

40k

FEMALE WORKFORCE

± 4,910

74.6% 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.

Race & Ethnicity

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

White (Non-Hispanic)
Black (Non-Hispanic)
White (Hispanic)

65.9% of Compensation, benefits, & job analysis specialists are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 14.5% 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.

Age by Gender

43.7

AVERAGE MALE AGE

± 2.76

46.1

AVERAGE FEMALE AGE

± 1.41

The median age of Compensation, benefits, & job analysis specialists is 45.5, and Male employees are generally 2.32 years younger than than their Female counterparts.

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 degree-majorss. However, we can filter the data based on highest degree-majors obtained.

MOST COMMON MAJORS

MOST SPECIALIZED MAJORS

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.