Compensation, benefits, & job analysis specialists

Detailed Occupation

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2020 Workforce

63.3k

Average Age

44.5

Estimated Job Growth

7.84%

10-year projection

Average Salary

$68,333

Average Male Salary

$89,849

Average Female Salary

$61,798

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 $68,333 in 2020.

The locations that employ the most Compensation, benefits, & job analysis specialists are Hayward City PUMA, CA, West Des Moines & Urbandale Cities PUMA, IA, and Philadelphia City (Far Northeast) PUMA, PA. The locations with a relatively high concentration of Compensation, benefits, & job analysis specialists are San Antonio (Northeast), Universal City & Converse Cities PUMA, TX, Champlin, Rogers Cities & Lake Minnetonka PUMA, MN, and Hayward City PUMA, CA.

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 2020 was 63,329 people, of which 76.7% were women and 23.3% were men. Compensation, benefits, & job analysis specialists are paid most in Indian Trail & Stallings Towns PUMA, NC but are relatively concentrated in San Antonio (Northeast), Universal City & Converse Cities PUMA, TX.

Employment Over Time

Metric

Grouping

14,754

Male Workforce

± 2.98k

48,575

Female Workforce

± 5.41k

The Compensation, benefits, & job analysis specialists workforce in 2020 was 63,329 people (76.7% women and 23.3% men). This implies an average annual growth of 8.08% between 2014 (58,597) and 2020 (63,329).

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 2020, the states that concentrated the best average annual wage were District of Columbia ($132,511), Nebraska ($98,440), and Delaware ($89,474).

Yearly Wage Ranking

$68,333

AVERAGE WAGE

#140 in the ranking (2020)

$55,954

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2020, Compensation, benefits, & job analysis specialists earned an average of $68,333, $12,379 more than the average national salary of $55,954

The graph shows the ranking of Compensation, benefits, & job analysis specialists in relation to all Detailed Occupation in 2020.

Wage Distribution

Gender

0.325

WAGE GINI

In 2020, Compensation, benefits, & job analysis specialists had a wage GINI coefficient of 0.325, which is lower 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).

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 Cement, concrete, lime, & gypsum product manufacturing ($162,281).

Occupations by Industries

Metric

Value

63.3k

2020 Workforce

± 6,177

6.88%

1 YEAR GROWTH

± 13.1%

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 44.8%, followed by Securities, commodities, funds, trusts & other financial investments with 32% and Administration of human resource programs with 23.2%.

Diversity

Demographic information on Compensation, benefits, & job analysis specialists in the US. The workforce of Compensation, benefits, & job analysis specialists in 2020 was 63,329 people, with 76.7% woman, and 23.3% men. 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 44.7, 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 2020 was 63,329 people, with 76.7% woman, and 23.3% men.

The age ranges that concentrated the largest workforce were 50 to 54 years (8,345 people), 45 to 49 years (8,261 people), and 40 to 44 years (7,788 people). Among them they concentrated 38.7% of the total workforce.

Ethnicity

Gender

In 2020, 12% of Compensation, benefits, & job analysis specialists workers were Hispanic and 88% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (75.1%), Puerto Rican (17.2)%, and Dominican (7.7)%

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

Races

In 2020, 70.4% of the Compensation, benefits, & job analysis specialists workforce were White, of which 76.6% were women and 23.4% men. Other races that concentrated a significant number of workers were Black (15.8%) and Asian (5.69%).

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 2020 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 Science.

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 2020 (counting all academic degrees) were Business (15,273 people), Social Sciences (3,178 people), and Psychology (2,218 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 (26,923 people), Some college (13,171 people), and Graduate Degree (8,594 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, Critical Thinking, Active Listening.

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 3.71%, but Compensation, Benefits, and Job Analysis Specialists are expected to see a growth of 7.84% 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.

7.84%

Estimated Job Growth

10-year Projection

3.71%

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 3.71%, the average rate of national job growth.