Compensation, benefits, & job analysis specialists

Detailed Occupation

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2024 Workforce
75.9k
Average Age
43.9
Estimated Job Growth
5.33%
10-year projection
Average Salary
$79,537
Average Male Salary
$97,450
Average Female Salary
$73,894

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 $79,537 in 2024.

Employment

Employment and salary information for the Compensation, benefits, & job analysis specialists workforce. Compensation, benefits, & job analysis specialists workforce in 2024 was 75,868 people, of which 76% were women and 24% were men. Compensation, benefits, & job analysis specialists are paid most in Suffolk County (North Central)--Brookhaven Town (North) PUMA, NY but are relatively concentrated in Alameda County (Central)--Hayward City (East) PUMA, CA.

Employment Over Time

Metric
Grouping
18,174
Male Workforce
± 3.31k
57,694
Female Workforce
± 5.9k

The Compensation, benefits, & job analysis specialists workforce in 2024 was 75,868 people (76% women and 24% men). This implies an average annual growth of 27.8% between 2014 (59,346) and 2024 (75,868).

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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 2024, the states that concentrated the best average annual wage were Delaware ($156,109), Rhode Island ($101,809), and Arkansas ($97,953).

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Yearly Wage Ranking

$79,537
AVERAGE WAGE
#141 in the ranking (2014)
$69,878
NATIONAL AVERAGE WAGE
For all occupations across the US

In 2024, Compensation, benefits, & job analysis specialists earned an average of $79,537, $9,659 more than the average national salary of $69,878

The graph shows the ranking of Compensation, benefits, & job analysis specialists in relation to all Detailed Occupation in 2014.

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Wage Distribution

Gender
0.331
WAGE GINI

In 2024, Compensation, benefits, & job analysis specialists had a wage GINI coefficient of 0.331, which is lower than the national average of 0.474. 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.

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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 ($299,778).

Occupations by Industries

Metric
Value
75.9k
2024 Workforce
± 6,761
0.198%
1 YEAR GROWTH
± 12.6%

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 31.6%, followed by Administration of human resource programs with 23.4% and Agencies, brokerages, and other insurance related activities with 22.7%.

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Diversity

Demographic information on Compensation, benefits, & job analysis specialists in the US. The workforce of Compensation, benefits, & job analysis specialists in 2024 was 75,868 people, with 76% woman, and 24% men. The average age of male Compensation, benefits, & job analysis specialists in the workforce is 42.5 and of female Compensation, benefits, & job analysis specialists is 44.4, 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 2024 was 75,868 people, with 76% woman, and 24% men.

The age ranges that concentrated the largest workforce were 40 to 44 years (10,679 people), 30 to 34 years (10,021  people), and 45 to 49 years (9,088 people). Among them they concentrated 39.4% of the total workforce.

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Ethnicity

Gender

In 2024, 15.4% of Compensation, benefits, & job analysis specialists workers were Hispanic and 84.6% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (54.4%), Puerto Rican (17.9)%, and All Other Spanish/Hispanic/Latino (4.72)%

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Races

In 2024, 60.8% of the Compensation, benefits, & job analysis specialists workforce were White, of which 74.7% were women and 25.3% men. Other races that concentrated a significant number of workers were Black (18.5%) and Two or More Races (10.2%).

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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 2024 were Business.

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 Operations Analysis.

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 2024 (counting all academic degrees) were Business (18,568 people), Social Sciences (3,875 people), and Psychology (3,631 people).

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Education Levels

Metric

The main educational levels achieved by the Compensation, benefits, & job analysis specialists workers were Bachelors Degree (33,126 people), Some college (16,039 people), and Graduate Degree (11,115 people).

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

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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, Active Listening, Speaking.

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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 3.07%, but Compensation, Benefits, and Job Analysis Specialists are expected to see a growth of 5.33% 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.
5.33%
Estimated Job Growth
10-year Projection
3.07%
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 3.07%, the average rate of national job growth.

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