Compensation, benefits, & job analysis specialists

Detailed Occupation

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2023 Workforce

75.7k

Average Age

44.1

Estimated Job Growth

7.04%

10-year projection

Average Salary

$79,049

Average Male Salary

$99,092

Average Female Salary

$72,741

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 $79,049 in 2023.

The locations that employ the most Compensation, benefits, & job analysis specialists are Cook County (South Central)--Worth & Calumet Townships PUMA, IL, Alameda County (Central)--Hayward City (East) PUMA, CA, and Philadelphia City (Central) PUMA, PA. The locations with a relatively high concentration of Compensation, benefits, & job analysis specialists are Alameda County (Central)--Hayward City (East) PUMA, CA, Capital Region Planning Commission 6--Livingston & St. Helena Parishes PUMA, LA, and Cook County (North)--Wheeling Township (North & East) PUMA, IL.

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 2023 was 75,718 people, of which 76.1% were women and 23.9% were men. Compensation, benefits, & job analysis specialists are paid most in Essex County (Northwest)--Montclair PUMA, NJ but are relatively concentrated in Alameda County (Central)--Hayward City (East) PUMA, CA.

Employment Over Time

Metric

Grouping

18,128

Male Workforce

± 3.31k

57,590

Female Workforce

± 5.89k

The Compensation, benefits, & job analysis specialists workforce in 2023 was 75,718 people (76.1% women and 23.9% men). This implies an average annual growth of 27.6% between 2014 (59,346) and 2023 (75,718).

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 2023, the states that concentrated the best average annual wage were Idaho ($115,792), Delaware ($102,827), and Rhode Island ($98,606).

Yearly Wage Ranking

$79,049

AVERAGE WAGE

#150 in the ranking (2023)

$67,727

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2023, Compensation, benefits, & job analysis specialists earned an average of $79,049, $11,323 more than the average national salary of $67,727

The graph shows the ranking of Compensation, benefits, & job analysis specialists in relation to all Detailed Occupation in 2023.

Wage Distribution

Gender

0.332

WAGE GINI

In 2023, Compensation, benefits, & job analysis specialists had a wage GINI coefficient of 0.332, which is lower than the national average of 0.476. 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 ($287,224).

Occupations by Industries

Metric

Value

75.7k

2023 Workforce

± 6,754

6.14%

1 YEAR GROWTH

± 12.1%

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 32.8%, followed by Securities, commodities, funds, trusts & other financial investments with 23.6% and Administration of human resource programs with 21.8%.

Diversity

Demographic information on Compensation, benefits, & job analysis specialists in the US. The workforce of Compensation, benefits, & job analysis specialists in 2023 was 75,718 people, with 76.1% woman, and 23.9% men. The average age of male Compensation, benefits, & job analysis specialists in the workforce is 42.9 and of female Compensation, benefits, & job analysis specialists is 44.5, 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 2023 was 75,718 people, with 76.1% woman, and 23.9% men.

The age ranges that concentrated the largest workforce were 40 to 44 years (10,028 people), 30 to 34 years (9,544 people), and 50 to 54 years (9,303 people). Among them they concentrated 38.2% of the total workforce.

Ethnicity

Gender

In 2023, 14.9% of Compensation, benefits, & job analysis specialists workers were Hispanic and 85.1% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (52.7%), Puerto Rican (19.6)%, and All Other Spanish/Hispanic/Latino (5.56)%

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

Races

In 2023, 63.7% of the Compensation, benefits, & job analysis specialists workforce were White, of which 75% were women and 25% men. Other races that concentrated a significant number of workers were Black (17.9%) and Two or More Races (8.41%).

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 2023 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 2023 (counting all academic degrees) were Business (18,938 people), Social Sciences (3,832 people), and Psychology (3,406 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 (33,020 people), Some college (15,787 people), and Graduate Degree (10,805 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, Active Listening, Speaking.

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.