Compensation, Benefits, and Job Analysis Specialists in Providence-Warwick, RI-MA earn an average annual salary of $85,160. This figure is remarkably close to the national average of $85,380, indicating a stable and competitive market. The slight parity suggests that local economic factors and industry demand in the Providence-Warwick area are closely aligned with national trends for this specialized role.
Executive Summary
- Average Salary: $85,160 per year.
- Growth Trend: Salaries have shifted 6.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,560.
- Outlook: With a local workforce of 430 specialists and a Location Quotient of 0.92, the Providence-Warwick area presents a moderately concentrated but stable job market for Compensation, Benefits, and Job Analysis Specialists. While not exceeding the national concentration, the existing workforce size indicates a consistent demand for these professionals, suggesting a robust environment for those already established or looking to enter the field.
Salary Overview
The average Compensation, Benefits, and Job Analysis Specialists in Providence-Warwick, RI-MA earns-0.3%below the national average.
$40.9
$1,638
$7,097
Compensation, Benefits, and Job Analysis Specialists Salary Trends (2020-2024)
While specific historical data for the last four years is not provided, it is generally assumed that salaries for Compensation, Benefits, and Job Analysis Specialists have experienced steady growth nationwide. This trend is likely mirrored in the Providence-Warwick, RI-MA region, driven by evolving labor laws, the increasing complexity of benefits packages, and a continuous need for accurate job analysis to ensure competitive compensation strategies.
Compensation, Benefits, and Job Analysis Specialists Salary Distribution in Providence-Warwick, RI-MA
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 experience in areas like compensation strategy, benefits administration, and HRIS management can command salaries in the upper percentiles. The observable gaps between entry-level and senior roles highlight clear career advancement opportunities within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $61,930 | $29.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,870 | $30.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,890 | $37 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $106,450 | $51.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $125,560 | $60.4 |
Detailed Compensation, Benefits, and Job Analysis Specialists Market Analysis
Relocation Context
Nominal Salary
$85,160
Gross Pay
Real Wage (Purchasing Power)
$85,160
Adjusted for COL (100)
The nominal average salary of $85,160 in Providence-Warwick, RI-MA aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a specialist's salary in this region is equivalent to the national average. Consequently, relocating to Providence-Warwick offers no immediate cost-of-living advantage or disadvantage in terms of salary, making it a neutral financial decision from a cost perspective.
Job Market Context
430
Total Jobs
0.61
Per 1K Jobs
0.92
Location Quotient
Providence-Warwick, RI-MA has 0.92x 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 0.92 for Compensation, Benefits, and Job Analysis Specialists in Providence-Warwick, RI-MA suggests that the concentration of these jobs in the area is just slightly below the national average. This indicates a competitive market where the number of specialists is proportionate to the general workforce, but not disproportionately high. It implies a healthy demand that matches the supply of professionals, making it neither overly saturated nor exceptionally scarce.
Nearby Job Markets
Nearby Cities for Compensation, Benefits, and Job Analysis Specialists
Comparing salaries near Providence-Warwick, RI-MA
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Frequently Asked Questions
How much does a Compensation, Benefits, and Job Analysis Specialists make in Providence-Warwick, RI-MA?
The median annual salary for a Compensation, Benefits, and Job Analysis Specialists in Providence-Warwick, RI-MA is $85,160. This typically ranges from $61,930 for entry-level positions to $125,560 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Providence-Warwick, RI-MA is 0.3% lower than the national median of $85,380.
Is Providence-Warwick, RI-MA a lucrative place for Compensation, Benefits, and Job Analysis Specialists?
Yes, it offers a competitive salary equivalent to the national average.The average salary of $85,160 is on par with the national average, and the cost of living is also at the national average, indicating stable earning potential. The market is moderately concentrated, suggesting consistent demand for these professionals.
Is Providence-Warwick, RI-MA a good place to live for Compensation, Benefits, and Job Analysis Specialists?
The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Providence-Warwick, RI-MA?
Some top paying nearby cities include Worcester, MA ($88,820) and Boston-Cambridge-Newton, MA-NH.
How does the Providence-Warwick salary compare to the national average?
The average annual salary for Compensation, Benefits, and Job Analysis Specialists in Providence-Warwick, RI-MA is $85,160, which is very close to the national average of $85,380, indicating a comparable compensation landscape.
What is the job market like for these specialists in Providence-Warwick?
The job market is moderately concentrated, with a Location Quotient of 0.92, suggesting a stable demand for these professionals that is slightly below the national average concentration.
Does the cost of living affect the salary in Providence-Warwick?
No, the cost of living in Providence-Warwick is exactly at the national average (100), meaning the $85,160 salary has the same purchasing power as the national average salary.
How many Compensation, Benefits, and Job Analysis Specialists work in Providence-Warwick?
There are approximately 430 Compensation, Benefits, and Job Analysis Specialists employed in the Providence-Warwick, RI-MA area, representing 0.61 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Providence-Warwick, RI-MA area with a job density of 0.61 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 Providence-Warwick, RI-MA