Minnesota·Business and Financial Operations Occupations·SOC 13-1141

Best Compensation programs in Minnesota, ranked by enrollment

Conduct programs of compensation and benefits and job analysis for employer.

52 schools in Minnesota run programs that feed this job, graduating 7,488 people a year. The job pays a median of $78,770 in Minnesota across about jobs (BLS OEWS May 2025).

Also calledBenefits AnalystBenefits SpecialistCompensation AnalystCompensation SpecialistJob AnalystWage AnalystWage AdjusterWage Conciliator
Graduates / yr
7,488
in Minnesota
Median pay · Minnesota
$78,770
BLS OEWS May 2025
Jobs in state
people employed
Schools
52
with a feeder program
Avg graduation rate
50%
across those schools
Median net price
$22,583
per year, IPEDS

Fields of study in Minnesota that lead to this job

Grouped at the 4-digit CIP level. Numbers are graduates per year in this state.

4 programs in Minnesota that lead to this job

Ranked by graduates per year in Minnesota (IPEDS completions). Graduate earnings and debt are national College Scorecard figures reported at the 4-digit CIP level, so specializations within one field share a figure. Each program also links to its own Minnesota page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
1
CIP 52.0201In Minnesota
5,430
72.5%
49$43,506$25,000
2
CIP 52.1001In Minnesota
1,088
14.5%
17$49,084$26,536
3
CIP 52.0801In Minnesota
944
12.6%
26$53,572$23,672
4
CIP 52.1701In Minnesota
26
0.3%
3$56,988$22,500

Top 25 schools in Minnesota

Ranked by graduates per year into this job. Graduate earnings are reported for 37 of the 52 schools in this state.

Schools ranked by graduates per year into this occupation
#SchoolGraduates / yrTop feeder programGrad earnings (1 yr)Grad rateNet priceAcceptance
1Capella University
Minneapolis, MN Private for-profit · 3 feeder programs
1,749Business Administration and Management, General$68,70120%$19,369
2Walden University
Minneapolis, MN Private for-profit · 2 feeder programs
971Business Administration and Management, General$57,220
3University of Minnesota - Twin Cities
Minneapolis, MN Public · 4 feeder programs
749Business Administration and Management, General$65,99685%80%
4Rasmussen University - Minnesota
St. Cloud, MN Private for-profit · 3 feeder programs
499Business Administration and Management, General$43,73653%$19,944
5University of St Thomas
Saint Paul, MN Private not-for-profit · 4 feeder programs
376Business Administration and Management, General$56,40176%$28,88885%
6Saint Cloud State University
Saint Cloud, MN Public · 2 feeder programs
317Business Administration and Management, General$47,47340%95%
7Minnesota State University - Mankato
Mankato, MN Public · 2 feeder programs
314Business Administration and Management, General$49,64054%88%
8Metropolitan State University
Saint Paul, MN Public · 3 feeder programs
271Business Administration and Management, General$56,31444%99%
9University of Minnesota - Duluth
Duluth, MN Public · 4 feeder programs
174Finance, General$51,95365%89%
10Concordia University - Saint Paul
Saint Paul, MN Private not-for-profit · 3 feeder programs
163Business Administration and Management, General$59,04446%$17,32879%
11Bethel University
Saint Paul, MN Private not-for-profit · 1 feeder programs
141Business Administration and Management, General$55,70471%$25,22588%
12Winona State University
Winona, MN Public · 3 feeder programs
131Business Administration and Management, General$47,09757%75%
13Bemidji State University
Bemidji, MN Public · 1 feeder programs
126Business Administration and Management, General$47,39648%56%
14Saint Johns University
Collegeville, MN Private not-for-profit · 2 feeder programs
111Business Administration and Management, General$51,95975%$19,90091%
15Southwest Minnesota State University
Marshall, MN Public · 3 feeder programs
106Business Administration and Management, General$49,24545%62%
16Concordia College at Moorhead
Moorhead, MN Private not-for-profit · 2 feeder programs
105Business Administration and Management, General$48,47461%$23,42563%
17Normandale Community College
Bloomington, MN Public · 2 feeder programs
94Business Administration and Management, General27%
18Augsburg University
Minneapolis, MN Private not-for-profit · 2 feeder programs
80Business Administration and Management, General$52,46652%$23,58582%
19Minnesota State University Moorhead
Moorhead, MN Public · 3 feeder programs
79Business Administration and Management, General$53,22857%59%
20Saint Mary's University of Minnesota
Winona, MN Private not-for-profit · 3 feeder programs
77Human Resources Management/Personnel Administration, General66%$18,16393%
21Hamline University
Saint Paul, MN Private not-for-profit · 2 feeder programs
75Business Administration and Management, General$51,76160%$20,98188%
22Saint Paul College
Saint Paul, MN Public · 3 feeder programs
70Business Administration and Management, General40%
23St Catherine University
Saint Paul, MN Private not-for-profit · 1 feeder programs
61Business Administration and Management, General$54,41961%$21,04292%
24University of Northwestern - St Paul
Saint Paul, MN Private not-for-profit · 2 feeder programs
59Business Administration and Management, General$54,58868%$23,11493%
25University of Minnesota - Crookston
Crookston, MN Public · 2 feeder programs
58Finance, General$48,27650%88%

All 52 schools in Minnesota

Every school in Minnesota with a program that feeds this job, ordered by graduates per year. Earnings are shown for the ranked schools above; open a school profile for the rest.

All schools in Minnesota that feed this occupation
SchoolCityControlGraduates / yrFeeder programs
Capella UniversityMinneapolisPrivate for-profit1,7493
Walden UniversityMinneapolisPrivate for-profit9712
University of Minnesota - Twin CitiesMinneapolisPublic7494
Rasmussen University - MinnesotaSt. CloudPrivate for-profit4993
University of St ThomasSaint PaulPrivate not-for-profit3764
Saint Cloud State UniversitySaint CloudPublic3172
Minnesota State University - MankatoMankatoPublic3142
Metropolitan State UniversitySaint PaulPublic2713
University of Minnesota - DuluthDuluthPublic1744
Concordia University - Saint PaulSaint PaulPrivate not-for-profit1633
Bethel UniversitySaint PaulPrivate not-for-profit1411
Winona State UniversityWinonaPublic1313
Bemidji State UniversityBemidjiPublic1261
Saint Johns UniversityCollegevillePrivate not-for-profit1112
Southwest Minnesota State UniversityMarshallPublic1063

What compensation, benefits, and job analysis specialists earn in Minnesota

What people already working in this job earn (BLS OEWS May 2025). Not graduate earnings.

Median annual in Minnesota
$78,770
Mean annual
$83,900
Jobs in state
What the range looks like
10th pct$38,840Median$78,77090th pct$130,920
Versus the national median
+0.7%

U.S. median $78,210. Minnesota pays above the national figure.

Metro areas in Minnesota

Rochester, MN
$108,170median
60 jobs
Duluth, MN-WI
$82,290median
70 jobs
Minneapolis-St. Paul-Bloomington, MN-WI
$79,270median
St. Cloud, MN
$74,000median
40 jobs

Job outlook

Bureau of Labor Statistics Employment Projections, 2024 to 2034.

Projected growth 2024–34
+5.3%
Faster than average
Openings per year
8,500
new jobs plus replacements
Employment change
5,600
107,000 → 112,700
Typical entry education
Bachelor's degree

Growth and openings are national. The Bureau of Labor Statistics does not publish employment projections at state level, so these figures describe the occupation across the whole U.S., not this state alone.

How to get in

The full skills, tools, and day-to-day breakdown lives on the national Compensation, Benefits, and Job Analysis Specialists page.

How to become a Compensation

Job zone 4 of 5 · SVP 7.0 to < 8.0
Typical entry education
Bachelor's degree
Work experience needed
Less than 5 years

Most of these occupations require a four-year bachelor's degree, but some do not.

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Top skills

Reading ComprehensionActive ListeningSpeakingCritical ThinkingActive LearningWriting

The same job in other states

Where else this occupation employs the most people, and what it pays there.

Related careers in Minnesota

Every major mapped to this job

The official federal mapping behind the rankings above.

All 4 majors mapped to Compensation, Benefits, and Job Analysis Specialists4 of them graduated someone in the latest IPEDS year. NCES CIP 2020 → SOC 2018 crosswalk.+
  • 52.0201Business Administration and Management, General
  • 52.0801Finance, General
  • 52.1001Human Resources Management/Personnel Administration, General
  • 52.1701Insurance

Common questions

Answers for people weighing compensation, benefits, and job analysis specialists programs in Minnesota.

What degree do you need to become a Compensation?+

Bachelor's degree is the typical entry-level education BLS reports for this occupation. The most common program people actually graduate from is Business Administration and Management, General, which awarded 5,430 degrees in Minnesota in 2024-25, 72.5% of everyone graduating from a program that feeds this career.

Which college majors lead to becoming a Compensation?+

The NCES CIP-to-SOC crosswalk maps 4 programs to this occupation. The largest are Business Administration, Human Resources Management and Services, Finance and Financial Management Services, Insurance. Together they graduate about 7,488 people a year in Minnesota.

How much do compensation, benefits, and job analysis specialists earn in Minnesota?+

The median is $78,770 a year (BLS OEWS May 2025). That is 0.7% above the U.S. median of $78,210. This is pay for people already working in the occupation, not the same thing as graduate earnings one year after finishing a degree.

Is demand for compensation, benefits, and job analysis specialists growing?+

BLS projects a +5.3% change in employment between 2024 and 2034, faster than average, with roughly 8,500 openings a year nationally once retirements and job changes are counted.

How many schools offer programs for this career in Minnesota?+

52 institutions in Minnesota reported graduates from at least one of the 4 programs that feed this occupation in IPEDS 2024-25. Rankings on this page use graduates per year, because the federal data publishes no enrollment count by program.

What other job titles do compensation, benefits, and job analysis specialists work under?+

Employers advertise this work under many names. O*NET records Benefits Analyst, Benefits Specialist, Compensation Analyst, Compensation Specialist among the most commonly reported, all mapping to SOC 13-1141.

Compensation, Benefits, and Job Analysis Specialists in other statesCaliforniaTexasArizonaFloridaNew YorkNorth CarolinaNew HampshireIndiana

About the data on this page

Rankings use IPEDS completions 2024–25, degrees awarded per year. That is the closest federal measure of how many people a program puts into a career, because no federal dataset publishes enrollment by program. Wages and employment come from BLS OEWS May 2025, growth and openings from BLS Employment Projections 2024-34, and which majors lead to which jobs from the NCES CIP 2020 to SOC 2018 crosswalk. Occupation descriptions, tasks, skills and tools are O*NET 30.3 (CC BY 4.0, U.S. Department of Labor/ETA).

  • BLS Occupational Employment & Wage Statistics

    May 2025

    Wages, employment counts, location quotients and metro breakdowns.

  • BLS Employment Projections

    2024–34

    Projected growth, annual openings and typical entry-level education.

  • IPEDS Completions

    2024-25 (provisional)

    Graduates per year by program and institution — the ranking metric.

  • College Scorecard, Field of Study

    2020-21 cohorts

    Median graduate earnings one year after completion, and median debt.

  • Census Post-Secondary Employment Outcomes

    latest available

    Graduate earnings 1/5/10 years out, where the state participates.

  • NCES CIP 2020 and the CIP-to-SOC 2018 crosswalk

    CIP 2020 / SOC 2018

    Which college programs officially lead to this occupation.

  • O*NET Database 30.3

    30.3

    Tasks, skills, knowledge, tools, job zone and alternate job titles.

    Official source →CC BY 4.0, U.S. Department of Labor / ETA

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