Average Compensation, Benefits, and Job Analysis Specialists Salary in Durham-Chapel Hill, NC
Compensation, Benefits, and Job Analysis Specialists in the Durham-Chapel Hill, NC area earn an average annual salary of $80,680. This figure is slightly below the national average of $85,380, a difference often influenced by regional economic factors and the specific industry demands within the Research Triangle Park area. The local market dynamics play a crucial role in shaping compensation packages for these specialized HR professionals.
Executive Summary
- Average Salary: $80,680 per year.
- Growth Trend: Salaries have shifted 5.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $129,990.
- Outlook: The Durham-Chapel Hill region demonstrates a notable concentration of Compensation, Benefits, and Job Analysis Specialists, indicated by a Location Quotient of 1.57, significantly above the national average. With 1.044 jobs per 1,000 workers and a local workforce of 360 specialists, the demand in this area appears robust, suggesting a healthy job market for these professionals.
Salary Overview
The average Compensation, Benefits, and Job Analysis Specialists in Durham-Chapel Hill, NC earns-5.5%below the national average.
$38.8
$1,552
$6,723
Compensation, Benefits, and Job Analysis Specialists Salary Trends (2020-2024)
While specific historical data for this niche role in Durham-Chapel Hill is not provided, it is reasonable to assume a general upward trend in salaries for Compensation, Benefits, and Job Analysis Specialists over the past four years, mirroring national trends. Factors such as evolving labor laws, increased focus on employee well-being, and the competitive landscape for talent likely contribute to salary growth in this field.
Compensation, Benefits, and Job Analysis Specialists Salary Distribution in Durham-Chapel Hill, NC
Salary progression for Compensation, Benefits, and Job Analysis Specialists typically correlates with experience and expertise. Entry-level positions may start closer to the lower percentiles, while senior specialists with extensive experience in complex compensation structures, benefits administration, and job evaluation can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,350 | $24.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,510 | $29.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $67,840 | $32.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $100,850 | $48.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $129,990 | $62.5 |
Detailed Compensation, Benefits, and Job Analysis Specialists Market Analysis
Relocation Context
Nominal Salary
$80,680
Gross Pay
Real Wage (Purchasing Power)
$80,680
Adjusted for COL (100)
The average annual salary of $80,680 in Durham-Chapel Hill aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary offers a purchasing power equivalent to the national average, making the region financially stable for specialists without significant cost-of-living adjustments needed compared to the rest of the country.
Job Market Context
360
Total Jobs
1.044
Per 1K Jobs
1.57
Location Quotient
Durham-Chapel Hill, NC has 1.6x the national concentration of Compensation, Benefits, and Job Analysis Specialists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.57 indicates that Durham-Chapel Hill has a higher concentration of Compensation, Benefits, and Job Analysis Specialists than the national average. This suggests a specialized talent pool and potentially a more competitive market for employers seeking these professionals, while also offering ample opportunities for job seekers within this niche.
Nearby Job Markets
Nearby Cities for Compensation, Benefits, and Job Analysis Specialists
Comparing salaries near Durham-Chapel Hill, NC
Hiring Compensation, Benefits, and Job Analysis Specialistss?
Frequently Asked Questions
How much does a Compensation, Benefits, and Job Analysis Specialists make in Durham-Chapel Hill, NC?
The median annual salary for a Compensation, Benefits, and Job Analysis Specialists in Durham-Chapel Hill, NC is $80,680. This typically ranges from $51,350 for entry-level positions to $129,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Durham-Chapel Hill, NC is 5.5% lower than the national median of $85,380.
Is Durham-Chapel Hill, NC a lucrative place for Compensation, Benefits, and Job Analysis Specialists?
Yes, with a caveat.While the average salary is slightly below the national average, the strong concentration of these roles and a cost of living on par with the national average make it a stable and opportunity-rich market.
Is Durham-Chapel Hill, NC a good place to live for Compensation, Benefits, and Job Analysis Specialists?
The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Durham-Chapel Hill, NC?
Some top paying nearby cities include Raleigh-Cary, NC ($72,990) and Greensboro-High Point, NC.
How does the local salary compare to the national average?
The average annual salary for Compensation, Benefits, and Job Analysis Specialists in Durham-Chapel Hill, NC is $80,680, which is approximately 5% lower than the national average of $85,380.
What does a Location Quotient of 1.57 mean?
A Location Quotient of 1.57 signifies that the concentration of Compensation, Benefits, and Job Analysis Specialists in Durham-Chapel Hill is 57% higher than the national average, indicating a strong regional presence of this profession.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the local salary of $80,680 has the same purchasing power as the national average, meaning the slightly lower nominal salary is balanced by average living expenses.
What is the total number of these specialists in the area?
There are approximately 360 Compensation, Benefits, and Job Analysis Specialists working in the Durham-Chapel Hill, NC area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Durham-Chapel Hill, NC area with a job density of 1.044 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 Durham-Chapel Hill, NC