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Average Compensation, Benefits, and Job Analysis Specialists Salary in Florida

Compensation, Benefits, and Job Analysis Specialists in Florida earn an average annual salary of $71,090. This figure is notably below the national average of $85,380, suggesting that while the state offers employment in this field, compensation may not reach national peaks. Local economic factors and demand dynamics likely contribute to this differential.

Executive Summary

  • Average Salary: $71,090 per year.
  • Growth Trend: Salaries have shifted 23.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $110,300.
  • Outlook: With a local workforce of 6,560 specialists, Florida demonstrates a stable presence in this sector. The Location Quotient of 1.01 indicates that the concentration of these roles in Florida is very close to the national average, suggesting a balanced but not exceptionally high demand relative to the overall job market.
2024 Market Data

Salary Overview

$71,090

The average Compensation, Benefits, and Job Analysis Specialists in Florida earns-16.7%below the national average.

BreakdownBased on 40h/week
Hourly

$34.2

Weekly

$1,367

Monthly

$5,924

Compensation, Benefits, and Job Analysis Specialists Salary Distribution in Florida

Salary progression for Compensation, Benefits, and Job Analysis Specialists is significantly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while senior specialists with extensive experience and proven analytical capabilities can command salaries well above the average. The percentile gaps in salary distribution clearly signify the career trajectory and earning potential as professionals advance.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,610$19.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$53,318$25.6
ManagerOversees team, compliance, and project delivery.50% (Median)$63,280$30.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$88,863$42.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$110,300$53

Detailed Compensation, Benefits, and Job Analysis Specialists Market Analysis

Relocation Context

Nominal Salary

$71,090

Gross Pay

Real Wage (Purchasing Power)

$69,492

Adjusted for COL (102.3)

The average salary of $71,090 in Florida needs to be considered alongside its Cost of Living Index of 102.3. Since the index is slightly above the national average (100), the purchasing power of the Florida salary is marginally reduced compared to a national average salary in a national average cost of living area. This means that while the nominal salary is lower than the national average, the slightly higher cost of living further emphasizes the difference in real income.

Job Market Context

6,560

Total Jobs

0.668

Per 1K Jobs

1.01

Location Quotient

Above Average

With a location quotient of 1.01, Florida has a slightly higher-than-average concentration of Compensation, Benefits, and Job Analysis Specialists roles compared to the national norm.

A Location Quotient of 1.01 signifies that the density of Compensation, Benefits, and Job Analysis Specialist roles in Florida is almost identical to the national average. This suggests a competitive yet stable job market where opportunities exist but are not disproportionately abundant compared to other states, indicating a steady demand that aligns with the national landscape.

Nearby Job Markets

Hiring Compensation, Benefits, and Job Analysis Specialistss?

Frequently Asked Questions

How much does a Compensation, Benefits, and Job Analysis Specialists make in Florida?

The median annual salary for a Compensation, Benefits, and Job Analysis Specialists in Florida is $71,090. This typically ranges from $40,610 for entry-level positions to $110,300 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Florida is 16.7% lower than the national median of $85,380.

Is Florida a lucrative place for Compensation, Benefits, and Job Analysis Specialists?

No, not as lucrative as the national average.While Florida has a significant workforce in this field, the average salary of $71,090 falls below the national average of $85,380. The slightly elevated cost of living further impacts the real value of this compensation.

Is Florida a good place to live for Compensation, Benefits, and Job Analysis Specialists?

The Cost of Living Index in Florida is 102.3. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Florida?

Some top paying nearby cities include Lakeland-Winter Haven, FL ($65,050) and Tampa-St. Petersburg-Clearwater, FL.

How does Florida's job market compare to the national average for this role?

Florida's job market for Compensation, Benefits, and Job Analysis Specialists is nearly on par with the national average, as indicated by a Location Quotient of 1.01. This suggests a similar concentration of these roles relative to the overall workforce.

What is the average salary for a Compensation, Benefits, and Job Analysis Specialist in Florida?

The average annual salary for a Compensation, Benefits, and Job Analysis Specialist in Florida is $71,090.

How does the cost of living in Florida affect the salary?

Florida's Cost of Living Index is 102.3, which is slightly higher than the national average. This means that the $71,090 salary has a bit less purchasing power than a national average salary in a location with an average cost of living.

Is there high demand for these specialists in Florida?

The demand appears balanced, with 0.668 jobs per 1,000 workers and a Location Quotient very close to the national average, indicating a stable but not exceptionally high demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,560 employees in the Florida area with a job density of 0.668 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.