Average Compensation, Benefits, and Job Analysis Specialists Salary in Milwaukee-Waukesha, WI
Compensation, Benefits, and Job Analysis Specialists in the Milwaukee-Waukesha, WI area earn an average annual salary of $78,630. This figure is slightly below the national average of $85,380, suggesting localized market dynamics and potentially a different demand-supply balance influence compensation levels in this region. The specific economic conditions and industry concentrations within Milwaukee-Waukesha play a crucial role in shaping these pay rates.
Executive Summary
- Average Salary: $78,630 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,890.
- Outlook: The Milwaukee-Waukesha region supports a dedicated workforce of 610 Compensation, Benefits, and Job Analysis Specialists, with a jobs-per-1,000-workers ratio of 0.745. A Location Quotient of 1.12 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not exceptionally booming, demand for these specialized professionals within the local market.
Salary Overview
The average Compensation, Benefits, and Job Analysis Specialists in Milwaukee-Waukesha, WI earns-7.9%below the national average.
$37.8
$1,512
$6,553
Compensation, Benefits, and Job Analysis Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the field of Compensation, Benefits, and Job Analysis has seen consistent growth over the past four years, driven by evolving labor laws, a focus on employee retention, and the need for competitive compensation strategies. This trend likely translates to modest salary increases for specialists in Milwaukee-Waukesha, mirroring national patterns of professional development and market adjustments.
Compensation, Benefits, and Job Analysis Specialists Salary Distribution in Milwaukee-Waukesha, WI
Salary progression for Compensation, Benefits, and Job Analysis Specialists in Milwaukee-Waukesha typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise in benefits administration, job evaluation, and compensation strategy can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,550 | $24.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,973 | $28.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,890 | $35.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $98,288 | $47.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $123,890 | $59.6 |
Detailed Compensation, Benefits, and Job Analysis Specialists Market Analysis
Relocation Context
Nominal Salary
$78,630
Gross Pay
Real Wage (Purchasing Power)
$78,630
Adjusted for COL (100)
With a Cost of Living Index of 100, the Milwaukee-Waukesha area is perfectly aligned with the national average. This means the nominal salary of $78,630 for Compensation, Benefits, and Job Analysis Specialists offers a purchasing power equivalent to the national average. Therefore, relocating professionals can expect their earnings to cover expenses at a standard national rate without significant financial strain or advantage.
Job Market Context
610
Total Jobs
0.745
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Milwaukee-Waukesha, WI has a slightly higher-than-average concentration of Compensation, Benefits, and Job Analysis Specialists roles compared to the national norm.
The Location Quotient of 1.12 for Compensation, Benefits, and Job Analysis Specialists in Milwaukee-Waukesha indicates a slightly higher concentration of these roles than the national average. This suggests a moderately competitive job market where demand is present and perhaps slightly outpaces the national average, but not to the extent of being saturated or exceptionally scarce.
Nearby Job Markets
Nearby Cities for Compensation, Benefits, and Job Analysis Specialists
| City | Salary | Dist. |
|---|---|---|
| Racine-Mount Pleasant, WI Compensation, Benefits, and Job Analysis Specialists Salary | $77,400↓ 2% | 25 mi |
| Sheboygan, WI Compensation, Benefits, and Job Analysis Specialists Salary | $76,850↓ 2% | 48 mi |
| Janesville-Beloit, WI Compensation, Benefits, and Job Analysis Specialists Salary | $74,000↓ 6% | 59 mi |
Comparing salaries near Milwaukee-Waukesha, WI
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Frequently Asked Questions
How much does a Compensation, Benefits, and Job Analysis Specialists make in Milwaukee-Waukesha, WI?
The median annual salary for a Compensation, Benefits, and Job Analysis Specialists in Milwaukee-Waukesha, WI is $78,630. This typically ranges from $50,550 for entry-level positions to $123,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Milwaukee-Waukesha, WI is 7.9% lower than the national median of $85,380.
Is Milwaukee-Waukesha, WI a lucrative place for Compensation, Benefits, and Job Analysis Specialists?
No, not significantly more lucrative than the national average.While the average salary of $78,630 is solid, it falls below the national average of $85,380, and the cost of living is exactly at the national average, offering no additional purchasing power advantage.
Is Milwaukee-Waukesha, WI a good place to live for Compensation, Benefits, and Job Analysis Specialists?
The Cost of Living Index in Milwaukee-Waukesha, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Milwaukee-Waukesha, WI?
Some top paying nearby cities include Racine-Mount Pleasant, WI ($77,400) and Sheboygan, WI.
How does the Milwaukee-Waukesha salary compare to the national average?
The average annual salary for Compensation, Benefits, and Job Analysis Specialists in Milwaukee-Waukesha is $78,630, which is approximately $6,750 lower than the national average of $85,380.
What is the concentration of these specialists in Milwaukee-Waukesha?
The Location Quotient of 1.12 indicates that Milwaukee-Waukesha has a slightly higher concentration of Compensation, Benefits, and Job Analysis Specialists compared to the national average.
Does the cost of living affect the salary's value in Milwaukee-Waukesha?
No, the cost of living index is 100, matching the national average. This means the $78,630 salary has the same relative purchasing power as the national average salary.
How many such specialists work in the Milwaukee-Waukesha area?
There are approximately 610 Compensation, Benefits, and Job Analysis Specialists employed in the Milwaukee-Waukesha 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 610 employees in the Milwaukee-Waukesha, WI area with a job density of 0.745 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 Milwaukee-Waukesha, WI