Compensation, Benefits, and Job Analysis Specialists in the Baltimore-Columbia-Towson, MD area earn an average annual salary of $78,690. This figure is slightly below the national average of $85,380, suggesting that local market dynamics and industry concentrations may influence compensation levels in this region. While not reaching the national benchmark, the salary reflects the specialized nature of these roles within the local economic landscape.
Executive Summary
- Average Salary: $78,690 per year.
- Growth Trend: Salaries have shifted 12.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,430.
- Outlook: With a local workforce of 880 specialists and a Location Quotient of 0.99, the Baltimore-Columbia-Towson area exhibits a job market for Compensation, Benefits, and Job Analysis Specialists that is closely aligned with the national average in terms of concentration. This indicates a stable, though not exceptionally high, demand for these professionals, suggesting a consistent need for their expertise within the region's businesses.
Salary Overview
The average Compensation, Benefits, and Job Analysis Specialists in Baltimore-Columbia-Towson, MD earns-7.8%below the national average.
$37.8
$1,513
$6,558
Compensation, Benefits, and Job Analysis Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Compensation, Benefits, and Job Analysis Specialists have experienced steady growth over the past four years, mirroring broader economic trends and the increasing importance of strategic HR functions. This upward trend is likely driven by evolving labor laws, the need for competitive benefits packages, and a greater emphasis on data-driven job analysis to attract and retain talent.
Compensation, Benefits, and Job Analysis Specialists Salary Distribution in Baltimore-Columbia-Towson, MD
Career progression for Compensation, Benefits, and Job Analysis Specialists typically involves a significant salary increase with experience. Entry-level positions might start closer to $50,000-$60,000, while seasoned professionals with extensive experience and specialized skills can command salaries well over $100,000. The percentile gaps in salary distribution clearly signify the substantial career growth and earning potential available within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,860 | $24.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,018 | $28.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,450 | $36.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $98,363 | $47.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $105,430 | $50.7 |
Detailed Compensation, Benefits, and Job Analysis Specialists Market Analysis
Relocation Context
Nominal Salary
$78,690
Gross Pay
Real Wage (Purchasing Power)
$78,690
Adjusted for COL (100)
The nominal average salary of $78,690 in Baltimore-Columbia-Towson, MD, aligns perfectly with the local Cost of Living index of 100, which is the national average. This means that the purchasing power of the average salary in this region is equivalent to the national average, indicating a balanced economic environment where salaries generally keep pace with the cost of goods and services.
Job Market Context
880
Total Jobs
0.655
Per 1K Jobs
0.99
Location Quotient
Baltimore-Columbia-Towson, MD has 0.99x the national average concentration of Compensation, Benefits, and Job Analysis Specialists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.99 for Compensation, Benefits, and Job Analysis Specialists in Baltimore-Columbia-Towson, MD, signifies that the concentration of these jobs in the area is nearly identical to the national average. This suggests a competitive yet stable job market, where opportunities are readily available but not necessarily in oversupply, providing a balanced environment for both employers seeking talent and specialists looking for roles.
Nearby Job Markets
Nearby Cities for Compensation, Benefits, and Job Analysis Specialists
| City | Salary | Dist. |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV Compensation, Benefits, and Job Analysis Specialists Salary | $94,540↑ 20% | 35 mi |
| York-Hanover, PA Compensation, Benefits, and Job Analysis Specialists Salary | $75,400↓ 4% | 47 mi |
| Lancaster, PA Compensation, Benefits, and Job Analysis Specialists Salary | $80,190↑ 2% | 55 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
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Frequently Asked Questions
How much does a Compensation, Benefits, and Job Analysis Specialists make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Compensation, Benefits, and Job Analysis Specialists in Baltimore-Columbia-Towson, MD is $78,690. This typically ranges from $51,860 for entry-level positions to $105,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 7.8% lower than the national median of $85,380.
Is Baltimore-Columbia-Towson, MD a lucrative place for Compensation, Benefits, and Job Analysis Specialists?
No, not significantly more lucrative than the national average.The average salary of $78,690 is slightly below the national average, and the Cost of Living is exactly at the national average, indicating standard earning potential for the cost of living.
Is Baltimore-Columbia-Towson, MD a good place to live for Compensation, Benefits, and Job Analysis Specialists?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($94,540) and York-Hanover, PA.
What is the average salary for this role in Baltimore-Columbia-Towson, MD?
The average annual salary for Compensation, Benefits, and Job Analysis Specialists in Baltimore-Columbia-Towson, MD is $78,690.
How does the Baltimore-Columbia-Towson salary compare to the national average?
The average salary in Baltimore-Columbia-Towson ($78,690) is slightly lower than the national average of $85,380.
What is the Cost of Living in Baltimore-Columbia-Towson, MD?
The Cost of Living Index for Baltimore-Columbia-Towson, MD is 100, which is exactly the national average.
How concentrated are these jobs in the Baltimore-Columbia-Towson area?
The concentration of these jobs, indicated by a Location Quotient of 0.99, is very close to the national average, suggesting a stable job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 880 employees in the Baltimore-Columbia-Towson, MD area with a job density of 0.655 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Compensation, Benefits, and Job Analysis Specialists • Data source: BLS OEWS 2024 •Jobs in Baltimore-Columbia-Towson, MD