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Average Compensation, Benefits, and Job Analysis Specialists Salary in Madison, WI

Compensation, Benefits, and Job Analysis Specialists in Madison, WI, earn an average annual salary of $70,140. This figure is notably below the national average of $85,380, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in shaping compensation levels within the region.

Executive Summary

  • Average Salary: $70,140 per year.
  • Growth Trend: Salaries have shifted 12.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $91,230.
  • Outlook: Madison, WI supports a dedicated workforce of 580 Compensation, Benefits, and Job Analysis Specialists. With a Location Quotient of 2.16, this role is more than twice as concentrated in Madison compared to the national average, indicating a robust local demand and a specialized job market for these professionals.
2024 Market Data

Salary Overview

$70,140

The average Compensation, Benefits, and Job Analysis Specialists in Madison, WI earns-17.8%below the national average.

BreakdownBased on 40h/week
Hourly

$33.7

Weekly

$1,349

Monthly

$5,845

Compensation, Benefits, and Job Analysis Specialists Salary Distribution in Madison, WI

Salary progression for Compensation, Benefits, and Job Analysis Specialists in Madison, WI, typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and specialized skills can command salaries in the higher percentiles, reflecting a clear career growth trajectory within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$49,410$23.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$52,605$25.3
ManagerOversees team, compliance, and project delivery.50% (Median)$66,020$31.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$87,675$42.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$91,230$43.9

Detailed Compensation, Benefits, and Job Analysis Specialists Market Analysis

Relocation Context

Nominal Salary

$70,140

Gross Pay

Real Wage (Purchasing Power)

$70,140

Adjusted for COL (100)

The average annual salary of $70,140 in Madison, WI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a specialist's salary in Madison is equivalent to the national standard, offering a stable financial environment for residents.

Job Market Context

580

Total Jobs

1.432

Per 1K Jobs

2.16

Location Quotient

Major Hub

Madison, WI has 2.2x 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.

Madison, WI, exhibits a significant concentration of Compensation, Benefits, and Job Analysis Specialists, as evidenced by its Location Quotient of 2.16. This high concentration suggests a specialized and potentially competitive market where employers actively seek talent with these specific skills, while also indicating a strong community of professionals in the field.

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 Madison, WI?

The median annual salary for a Compensation, Benefits, and Job Analysis Specialists in Madison, WI is $70,140. This typically ranges from $49,410 for entry-level positions to $91,230 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 17.8% lower than the national median of $85,380.

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

No, not when compared to the national average.While the local cost of living is average, the nominal salary of $70,140 is below the national average of $85,380. However, the high concentration of these roles suggests strong local demand.

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

The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($74,000) and Rockford, IL.

How does Madison's job market compare nationally for this role?

Madison, WI, has a job market that is more than twice as concentrated for Compensation, Benefits, and Job Analysis Specialists compared to the national average, with a Location Quotient of 2.16.

What is the cost of living in Madison, WI for these specialists?

The cost of living in Madison, WI, is exactly at the national average, indicated by a Cost of Living Index of 100.

How many Compensation, Benefits, and Job Analysis Specialists work in Madison, WI?

There are approximately 580 Compensation, Benefits, and Job Analysis Specialists employed in Madison, WI.

What is the job density for this role in Madison, WI?

There are 1.432 jobs per 1,000 workers for Compensation, Benefits, and Job Analysis Specialists in Madison, WI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Madison, WI area with a job density of 1.432 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.