Compensation, Benefits, and Job Analysis Specialists in the Nashville-Davidson--Murfreesboro--Franklin, TN area earn an average annual salary of $66,940. This figure is notably below the national average of $85,380, suggesting that local market dynamics and potentially a different industry focus within the region influence compensation levels for these crucial HR roles.
Executive Summary
- Average Salary: $66,940 per year.
- Growth Trend: Salaries have shifted 12.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $99,480.
- Outlook: With a local workforce of 900 specialists in this field, the Nashville area demonstrates a solid presence. The Location Quotient of 1.23 indicates a slightly higher concentration of these professionals compared to the national average, suggesting a stable, and perhaps growing, demand for their expertise within the region's economic landscape.
Salary Overview
The average Compensation, Benefits, and Job Analysis Specialists in Nashville-Davidson--Murfreesboro--Franklin, TN earns-21.6%below the national average.
$32.2
$1,287
$5,578
Compensation, Benefits, and Job Analysis Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Compensation, Benefits, and Job Analysis Specialists have seen consistent growth over the past four years, mirroring broader economic trends and the increasing importance of strategic HR functions. This upward trajectory is likely influenced by inflation, evolving labor market demands, and the need for specialized compensation expertise.
Compensation, Benefits, and Job Analysis Specialists Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN
Salary progression for Compensation, Benefits, and Job Analysis Specialists typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in salary distribution underscore the substantial career growth and earning potential available within this specialization.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,980 | $18.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $50,205 | $24.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $60,990 | $29.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $83,675 | $40.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $99,480 | $47.8 |
Detailed Compensation, Benefits, and Job Analysis Specialists Market Analysis
Relocation Context
Nominal Salary
$66,940
Gross Pay
Real Wage (Purchasing Power)
$66,940
Adjusted for COL (100)
The average annual salary of $66,940 in Nashville-Davidson--Murfreesboro--Franklin, TN aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial environment for specialists residing in the area.
Job Market Context
900
Total Jobs
0.819
Per 1K Jobs
1.23
Location Quotient
With a location quotient of 1.23, Nashville-Davidson--Murfreesboro--Franklin, TN has a slightly higher-than-average concentration of Compensation, Benefits, and Job Analysis Specialists roles compared to the national norm.
A Location Quotient of 1.23 signifies that Compensation, Benefits, and Job Analysis Specialists are more concentrated in the Nashville-Davidson--Murfreesboro--Franklin, TN area than the national average. This suggests a healthy and potentially competitive job market where employers may actively seek out these skilled professionals, indicating a favorable environment for job seekers.
Nearby Job Markets
Nearby Cities for Compensation, Benefits, and Job Analysis Specialists
Comparing salaries near Nashville-Davidson--Murfreesboro--Franklin, TN
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Frequently Asked Questions
How much does a Compensation, Benefits, and Job Analysis Specialists make in Nashville-Davidson--Murfreesboro--Franklin, TN?
The median annual salary for a Compensation, Benefits, and Job Analysis Specialists in Nashville-Davidson--Murfreesboro--Franklin, TN is $66,940. This typically ranges from $38,980 for entry-level positions to $99,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 21.6% lower than the national median of $85,380.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Compensation, Benefits, and Job Analysis Specialists?
No, not when compared to the national average.While the local salary of $66,940 is stable relative to the cost of living, it falls significantly short of the national average salary of $85,380 for this role.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Compensation, Benefits, and Job Analysis Specialists?
The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?
Some top paying nearby cities include East Tennessee nonmetropolitan area ($70,340) and North Central Tennessee nonmetropolitan area.
How does the Nashville salary compare to the national average?
The average annual salary for Compensation, Benefits, and Job Analysis Specialists in Nashville is $66,940, which is considerably lower than the national average of $85,380.
What is the Cost of Living in Nashville-Davidson--Murfreesboro--Franklin, TN?
The Cost of Living Index for the Nashville-Davidson--Murfreesboro--Franklin, TN area is 100, which is exactly the national average.
How concentrated are these specialists in Nashville?
The Location Quotient of 1.23 indicates a higher concentration of Compensation, Benefits, and Job Analysis Specialists in Nashville compared to the national average.
What does the number of local workers (900) imply?
A local workforce of 900 specialists suggests a substantial and established presence of these professionals within the Nashville-Davidson--Murfreesboro--Franklin, TN region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 900 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 0.819 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 Nashville-Davidson--Murfreesboro--Franklin, TN