Compensation, Benefits, and Job Analysis Specialists in the Grand Rapids-Wyoming-Kentwood, MI area earn an average annual salary of $78,070. This figure is notably below the national average of $85,380, suggesting that local market dynamics and potentially a different demand-supply equilibrium influence compensation levels in this region. Factors specific to the Grand Rapids metropolitan area likely contribute to this pay differential.
Executive Summary
- Average Salary: $78,070 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $103,630.
- Outlook: The Grand Rapids-Wyoming-Kentwood area supports a local workforce of 310 Compensation, Benefits, and Job Analysis Specialists. With a location quotient of 0.84, the concentration of these roles is slightly below the national average, indicating a moderately developed but not oversaturated job market. The presence of 0.558 jobs per 1,000 workers suggests a stable, albeit not rapidly expanding, demand for these specialized professionals.
Salary Overview
The average Compensation, Benefits, and Job Analysis Specialists in Grand Rapids-Wyoming-Kentwood, MI earns-8.6%below the national average.
$37.5
$1,501
$6,506
Compensation, Benefits, and Job Analysis Specialists Salary Trends (2020-2024)
While specific historical data for this niche role in Grand Rapids is not provided, it is reasonable to assume that compensation for Compensation, Benefits, and Job Analysis Specialists has seen incremental growth over the past four years, mirroring national trends. Economic shifts, evolving HR practices, and the increasing complexity of benefits packages typically drive modest annual salary increases in this field.
Compensation, Benefits, and Job Analysis Specialists Salary Distribution in Grand Rapids-Wyoming-Kentwood, MI
Salary progression for Compensation, Benefits, and Job Analysis Specialists typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise in compensation strategy, benefits administration, and job evaluation can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles signifies substantial career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,770 | $25.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,553 | $28.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,570 | $35.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,588 | $46.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $103,630 | $49.8 |
Detailed Compensation, Benefits, and Job Analysis Specialists Market Analysis
Relocation Context
Nominal Salary
$78,070
Gross Pay
Real Wage (Purchasing Power)
$78,070
Adjusted for COL (100)
The average annual salary of $78,070 in Grand Rapids-Wyoming-Kentwood, MI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering a stable financial standing for specialists in this region without the premium or discount often associated with higher or lower cost-of-living areas.
Job Market Context
310
Total Jobs
0.558
Per 1K Jobs
0.84
Location Quotient
Grand Rapids-Wyoming-Kentwood, MI has 0.84x 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 0.84 for Compensation, Benefits, and Job Analysis Specialists in Grand Rapids-Wyoming-Kentwood, MI, indicates that the concentration of these roles is slightly lower than the national average. This suggests that while the profession is present and necessary, the market may be less competitive than in major hubs, potentially offering a more balanced environment for job seekers or employers seeking specialized talent.
Nearby Job Markets
Nearby Cities for Compensation, Benefits, and Job Analysis Specialists
Comparing salaries near Grand Rapids-Wyoming-Kentwood, MI
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Frequently Asked Questions
How much does a Compensation, Benefits, and Job Analysis Specialists make in Grand Rapids-Wyoming-Kentwood, MI?
The median annual salary for a Compensation, Benefits, and Job Analysis Specialists in Grand Rapids-Wyoming-Kentwood, MI is $78,070. This typically ranges from $52,770 for entry-level positions to $103,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Grand Rapids-Wyoming-Kentwood, MI is 8.6% lower than the national median of $85,380.
Is Grand Rapids-Wyoming-Kentwood, MI a lucrative place for Compensation, Benefits, and Job Analysis Specialists?
No, it is not exceptionally lucrative compared to the national average.The average salary of $78,070 is below the national average of $85,380, although the cost of living is on par with the national average.
Is Grand Rapids-Wyoming-Kentwood, MI a good place to live for Compensation, Benefits, and Job Analysis Specialists?
The Cost of Living Index in Grand Rapids-Wyoming-Kentwood, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Grand Rapids-Wyoming-Kentwood, MI?
Some top paying nearby cities include Kalamazoo-Portage, MI ($77,860) and Lansing-East Lansing, MI.
How does the Grand Rapids salary compare to the national average?
The average salary for Compensation, Benefits, and Job Analysis Specialists in Grand Rapids is $78,070, which is $7,310 less than the national average of $85,380.
What is the concentration of these specialists in Grand Rapids?
The concentration, measured by the Location Quotient, is 0.84, indicating a slightly lower presence of these specialists compared to the national average.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the Grand Rapids salary of $78,070 has purchasing power equivalent to the national average, meaning it is not diminished by a high cost of living.
What does the job market size suggest for this role in Grand Rapids?
The local workforce of 310 and 0.558 jobs per 1,000 workers suggest a stable, established market for these specialists, rather than a rapidly growing or highly saturated one.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Grand Rapids-Wyoming-Kentwood, MI area with a job density of 0.558 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 Grand Rapids-Wyoming-Kentwood, MI