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Average Compensation, Benefits, and Job Analysis Specialists Salary in Tampa-St. Petersburg-Clearwater, FL

Compensation, Benefits, and Job Analysis Specialists in the Tampa-St. Petersburg-Clearwater, FL area earn an average annual salary of $74,770. This figure is notably below the national average of $85,380, suggesting that local market dynamics and potentially a lower cost of living contribute to this compensation differential. Understanding these local factors is crucial for professionals in this field.

Executive Summary

  • Average Salary: $74,770 per year.
  • Growth Trend: Salaries have shifted 22.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $113,760.
  • Outlook: The Tampa-St. Petersburg-Clearwater metropolitan area supports a dedicated workforce of approximately 1,300 Compensation, Benefits, and Job Analysis Specialists. With a Location Quotient of 1.36, this indicates a higher concentration of these roles compared to the national average, suggesting a robust and potentially growing demand for specialized HR talent within the region.
2024 Market Data

Salary Overview

$74,770

The average Compensation, Benefits, and Job Analysis Specialists in Tampa-St. Petersburg-Clearwater, FL earns-12.4%below the national average.

BreakdownBased on 40h/week
Hourly

$36

Weekly

$1,438

Monthly

$6,231

Compensation, Benefits, and Job Analysis Specialists Salary Distribution in Tampa-St. Petersburg-Clearwater, FL

Career progression for Compensation, Benefits, and Job Analysis Specialists typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise can command salaries in the higher percentiles, reflecting their enhanced value and strategic contributions to organizations.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,660$22.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$56,078$27
ManagerOversees team, compliance, and project delivery.50% (Median)$65,350$31.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$93,463$44.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$113,760$54.7

Detailed Compensation, Benefits, and Job Analysis Specialists Market Analysis

Relocation Context

Nominal Salary

$74,770

Gross Pay

Real Wage (Purchasing Power)

$74,770

Adjusted for COL (100)

The average annual salary of $74,770 for Compensation, Benefits, and Job Analysis Specialists in Tampa-St. Petersburg-Clearwater aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, making relocation financially neutral from a cost-of-living perspective.

Job Market Context

1,300

Total Jobs

0.904

Per 1K Jobs

1.36

Location Quotient

Above Average

With a location quotient of 1.36, Tampa-St. Petersburg-Clearwater, FL has a slightly higher-than-average concentration of Compensation, Benefits, and Job Analysis Specialists roles compared to the national norm.

A Location Quotient of 1.36 signifies that the Tampa-St. Petersburg-Clearwater area has 36% more Compensation, Benefits, and Job Analysis Specialists per worker than the national average. This higher concentration suggests a competitive job market, but also indicates a strong presence and established demand for these specialized skills within the region's business ecosystem.

Nearby Job Markets

Nearby Cities for Compensation, Benefits, and Job Analysis Specialists

Comparing salaries near Tampa-St. Petersburg-Clearwater, FL

Hiring Compensation, Benefits, and Job Analysis Specialistss?

Frequently Asked Questions

How much does a Compensation, Benefits, and Job Analysis Specialists make in Tampa-St. Petersburg-Clearwater, FL?

The median annual salary for a Compensation, Benefits, and Job Analysis Specialists in Tampa-St. Petersburg-Clearwater, FL is $74,770. This typically ranges from $46,660 for entry-level positions to $113,760 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Tampa-St. Petersburg-Clearwater, FL is 12.4% lower than the national median of $85,380.

Is Tampa-St. Petersburg-Clearwater, FL a lucrative place for Compensation, Benefits, and Job Analysis Specialists?

No, not exceptionally lucrative compared to the national average.While the local concentration of these roles is higher than the national average, the average salary of $74,770 falls below the national benchmark of $85,380.

Is Tampa-St. Petersburg-Clearwater, FL a good place to live for Compensation, Benefits, and Job Analysis Specialists?

The Cost of Living Index in Tampa-St. Petersburg-Clearwater, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Tampa-St. Petersburg-Clearwater, FL?

Some top paying nearby cities include Lakeland-Winter Haven, FL ($65,050) and others.

How does the Tampa salary compare to the national average?

The average salary for Compensation, Benefits, and Job Analysis Specialists in Tampa-St. Petersburg-Clearwater is $74,770, which is less than the national average of $85,380.

What is the size of the local workforce for this role?

The Tampa-St. Petersburg-Clearwater metropolitan area employs approximately 1,300 Compensation, Benefits, and Job Analysis Specialists.

Is there high demand for these specialists in Tampa?

With a Location Quotient of 1.36, there is a higher concentration of these specialists in Tampa than the national average, indicating a strong regional presence and demand.

How does the cost of living affect the salary in Tampa?

The local Cost of Living Index is 100, matching the national average. Therefore, the $74,770 salary has the same purchasing power as the national average salary.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,300 employees in the Tampa-St. Petersburg-Clearwater, FL area with a job density of 0.904 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.