Compensation, Benefits, and Job Analysis Specialists in the Denver-Aurora-Centennial, CO metropolitan area earn an impressive average annual salary of $94,970. This figure significantly surpasses the national average of $85,380, indicating a strong demand and potentially higher cost of doing business within this dynamic region. The specialized nature of compensation analysis, coupled with Denver's growing economic landscape, likely contributes to this elevated pay scale.
Executive Summary
- Average Salary: $94,970 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $138,510.
- Outlook: The Denver-Aurora-Centennial area boasts a robust job market for Compensation, Benefits, and Job Analysis Specialists, with a total local workforce of 1,250 individuals in this role. The Location Quotient of 1.16 suggests a slightly higher concentration of these specialists compared to the national average, implying a healthy and potentially growing demand for their expertise within the region's diverse industries.
Salary Overview
The average Compensation, Benefits, and Job Analysis Specialists in Denver-Aurora-Centennial, CO earns+11.2%above the national average.
$45.7
$1,826
$7,914
Compensation, Benefits, and Job Analysis Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compensation, Benefits, and Job Analysis Specialists in Denver-Aurora-Centennial have experienced consistent growth over the past four years. This trend is typically driven by evolving compensation strategies, increasing complexity in benefits administration, and the ongoing need for accurate job analysis to maintain competitive and equitable pay structures in a dynamic labor market.
Compensation, Benefits, and Job Analysis Specialists Salary Distribution in Denver-Aurora-Centennial, CO
Career progression for Compensation, Benefits, and Job Analysis Specialists in Denver-Aurora-Centennial is clearly reflected in salary potential. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles. The widening gap between entry-level and senior-level salaries underscores the significant value placed on expertise and proven track records in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,690 | $29.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,228 | $34.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $85,290 | $41 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $118,713 | $57.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $138,510 | $66.6 |
Detailed Compensation, Benefits, and Job Analysis Specialists Market Analysis
Relocation Context
Nominal Salary
$94,970
Gross Pay
Real Wage (Purchasing Power)
$94,970
Adjusted for COL (100)
The nominal average annual salary of $94,970 for Compensation, Benefits, and Job Analysis Specialists in Denver-Aurora-Centennial aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, suggesting that while the pay is higher than the national average, the cost of living is also on par, offering a balanced financial standing for professionals in this area.
Job Market Context
1,250
Total Jobs
0.77
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Denver-Aurora-Centennial, CO has a slightly higher-than-average concentration of Compensation, Benefits, and Job Analysis Specialists roles compared to the national norm.
With a Location Quotient of 1.16, the Denver-Aurora-Centennial market demonstrates a slightly higher concentration of Compensation, Benefits, and Job Analysis Specialists than the national average. This indicates a competitive yet accessible job market where demand is robust enough to support a slightly larger pool of professionals, presenting both opportunities for skilled individuals and a need for employers to offer competitive compensation to attract top talent.
Nearby Job Markets
Nearby Cities for Compensation, Benefits, and Job Analysis Specialists
| City | Salary | Dist. |
|---|---|---|
| Boulder, CO Compensation, Benefits, and Job Analysis Specialists Salary | $123,810↑ 30% | 27 mi |
| Greeley, CO Compensation, Benefits, and Job Analysis Specialists Salary | $83,560↓ 12% | 45 mi |
| Northwest Colorado nonmetropolitan area Compensation, Benefits, and Job Analysis Specialists Salary | $75,900↓ 20% | 54 mi |
Comparing salaries near Denver-Aurora-Centennial, CO
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Frequently Asked Questions
How much does a Compensation, Benefits, and Job Analysis Specialists make in Denver-Aurora-Centennial, CO?
The median annual salary for a Compensation, Benefits, and Job Analysis Specialists in Denver-Aurora-Centennial, CO is $94,970. This typically ranges from $60,690 for entry-level positions to $138,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Denver-Aurora-Centennial, CO is 11.2% higher than the national median of $85,380.
Is Denver-Aurora-Centennial, CO a lucrative place for Compensation, Benefits, and Job Analysis Specialists?
Yes, it is a lucrative location.The average salary of $94,970 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Denver-Aurora-Centennial, CO a good place to live for Compensation, Benefits, and Job Analysis Specialists?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Denver-Aurora-Centennial, CO?
Some top paying nearby cities include Boulder, CO ($123,810) and Greeley, CO.
How does the Denver-Aurora-Centennial salary compare to the national average?
The average salary of $94,970 in Denver-Aurora-Centennial is approximately $9,590 higher than the national average of $85,380 for Compensation, Benefits, and Job Analysis Specialists.
What is the concentration of Compensation, Benefits, and Job Analysis Specialists in Denver-Aurora-Centennial?
The Location Quotient of 1.16 indicates that there is a slightly higher concentration of these specialists in Denver-Aurora-Centennial compared to the national average, suggesting a healthy demand for their skills.
How does the cost of living impact the salary in Denver-Aurora-Centennial?
With a Cost of Living Index of 100, the local cost of living is equivalent to the national average. Therefore, the higher nominal salary of $94,970 translates to a comparable purchasing power to the national average salary in a lower cost-of-living area.
What is the total number of Compensation, Benefits, and Job Analysis Specialists in the Denver-Aurora-Centennial area?
There are approximately 1,250 Compensation, Benefits, and Job Analysis Specialists employed within the Denver-Aurora-Centennial metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,250 employees in the Denver-Aurora-Centennial, CO area with a job density of 0.77 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 Denver-Aurora-Centennial, CO