Business and Financial Operations Occupations·SOC 13-1141

Best degree programs for Compensation, Benefits, and Job Analysis Specialists, ranked by enrollment

4 college programs and 2,366 schools train Compensation, Benefits, and Job Analysis Specialists. Compare graduates per year, cost and pay, $78,210 median wage, 112,380 U.S. jobs. Federal data.

4 college programs at 2,366 schools train compensation, benefits, and job analysis specialists, graduating 418,178 people a year (IPEDS completions). The largest is Business Administration and Management, General. The job pays a median of $78,210 (BLS OEWS May 2025).

Graduates / yr
418,178
from every feeder program
Median annual wage
$78,210
BLS OEWS May 2025
Projected growth
+5.3%
Faster than average
Openings / yr
8,500
new plus replacement
Schools
2,366
with a feeder program
States with jobs
50
BLS reports wages

About compensation, benefits, and job analysis specialists

Conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.

Also calledBenefits AnalystBenefits SpecialistCompensation AnalystCompensation SpecialistJob AnalystWage AnalystWage AdjusterWage ConciliatorWorkforce AnalystEmployment AdvisorPayroll SpecialistBenefits Consultant

Fields of study that lead to this job

Grouped at the 4-digit CIP level, the tier our program pages are built on. Numbers are graduates per year.

4 degree programs that lead to this job

Ranked by graduates per year (IPEDS completions). Graduate earnings and debt are College Scorecard figures for people who finished the program, reported at the 4-digit CIP level, so specializations within one field share a figure. That is a different measurement from the occupation-wide wages further down this page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
1
CIP 52.0201
348,906
83.4%
2,305$43,506$25,000
2
CIP 52.0801
49,441
11.8%
753$53,572$23,672
3
CIP 52.1001
18,033
4.3%
518$49,084$26,536
4
CIP 52.1701
1,798
0.4%
69$56,988$22,500

Top 50 schools by graduates into this job

Counting every feeder program a school offers, not just its largest one.

Schools ranked by graduates per year into this occupation
#SchoolGraduates / yrTop feeder programGrad rateNet priceAcceptance
1University of Phoenix - Arizona
Phoenix, AZ Private for-profit · 3 feeder programs
14,385Business Administration and Management, General21%$15,478
2Southern New Hampshire University
Manchester, NH Private not-for-profit · 3 feeder programs
12,540Business Administration and Management, General43%$34,565100%
3Western Governors University
Salt Lake City, UT Private not-for-profit · 3 feeder programs
8,669Business Administration and Management, General46%$11,580
4Colorado Technical University - Colorado Springs
Colorado Springs, CO Private for-profit · 1 feeder programs
5,183Business Administration and Management, General19%$16,966
5Brigham Young University - Idaho
Rexburg, ID Private not-for-profit · 2 feeder programs
5,009Business Administration and Management, General55%$6,76096%
6University of Maryland Global Campus
Adelphi, MD Public · 3 feeder programs
4,729Business Administration and Management, General33%
7Purdue University Global
West Lafayette, IN Public · 3 feeder programs
4,226Business Administration and Management, General50%
8University of the People
Pasadena, CA Private not-for-profit · 1 feeder programs
4,072Business Administration and Management, General34%
9American Public University System
Charles Town, WV Private for-profit · 2 feeder programs
3,806Business Administration and Management, General57%$10,199
10Liberty University
Lynchburg, VA Private not-for-profit · 3 feeder programs
3,729Business Administration and Management, General65%$28,91199%
11Grand Canyon University
Phoenix, AZ Private not-for-profit · 3 feeder programs
3,669Business Administration and Management, General43%$21,53579%
12Ivy Tech Community College
Indianapolis, IN Public · 3 feeder programs
3,522Business Administration and Management, General40%
13Valencia College
Orlando, FL Public · 1 feeder programs
3,006Business Administration and Management, General48%
14Louisiana State University - Shreveport
Shreveport, LA Public · 2 feeder programs
2,797Business Administration and Management, General38%51%
15The University of Arizona Global Campus
Chandler, AZ Public · 3 feeder programs
2,559Business Administration and Management, General11%$26,445
16Miami Dade College
Miami, FL Public · 2 feeder programs
2,453Business Administration and Management, General46%
17San Diego State University
San Diego, CA Public · 2 feeder programs
2,440Business Administration and Management, General76%36%
18California State University - Fullerton
Fullerton, CA Public · 1 feeder programs
2,268Business Administration and Management, General70%91%
19Columbia Southern University
Orange Beach, AL Private for-profit · 3 feeder programs
2,208Business Administration and Management, General33%$15,554
20American InterContinental University System
Chandler, AZ Private for-profit · 2 feeder programs
1,981Business Administration and Management, General9%$15,785
21University of Florida
Gainesville, FL Public · 2 feeder programs
1,877Business Administration and Management, General91%24%
22Lee College
Baytown, TX Public · 1 feeder programs
1,851Business Administration and Management, General53%
23San Jose State University
San Jose, CA Public · 2 feeder programs
1,806Business Administration and Management, General69%85%
24Boston University
Boston, MA Private not-for-profit · 2 feeder programs
1,803Business Administration and Management, General89%$21,95611%
25Capella University
Minneapolis, MN Private for-profit · 3 feeder programs
1,749Business Administration and Management, General20%$19,369
26California State University - Long Beach
Long Beach, CA Public · 1 feeder programs
1,679Business Administration and Management, General69%46%
27Cerritos College
Norwalk, CA Public · 1 feeder programs
1,617Business Administration and Management, General31%
28University of Illinois Urbana - Champaign
Champaign, IL Public · 3 feeder programs
1,607Business Administration and Management, General85%42%
29DeVry University - Illinois
Lisle, IL Private for-profit · 2 feeder programs
1,525Business Administration and Management, General37%$32,38198%
30Utah Valley University
Orem, UT Public · 3 feeder programs
1,524Business Administration and Management, General45%
31University of Colorado Boulder
Boulder, CO Public · 2 feeder programs
1,503Business Administration and Management, General74%78%
32Florida International University
Miami, FL Public · 3 feeder programs
1,487Business Administration and Management, General74%55%
33University of Georgia
Athens, GA Public · 3 feeder programs
1,332Business Administration and Management, General90%38%
34University of Michigan - Ann Arbor
Ann Arbor, MI Public · 1 feeder programs
1,329Business Administration and Management, General93%16%
35California State Polytechnic University - Pomona
Pomona, CA Public · 1 feeder programs
1,328Business Administration and Management, General68%75%
36California State University - Northridge
Northridge, CA Public · 2 feeder programs
1,232Business Administration and Management, General57%93%
37California State University - Sacramento
Sacramento, CA Public · 1 feeder programs
1,228Business Administration and Management, General56%94%
38Purdue University - Main Campus
West Lafayette, IN Public · 3 feeder programs
1,228Business Administration and Management, General83%50%
39CUNY Bernard M Baruch College
New York, NY Public · 3 feeder programs
1,219Finance, General72%48%
40Golden Gate University
San Francisco, CA Private not-for-profit · 3 feeder programs
1,206Business Administration and Management, General
41Babson College
Wellesley, MA Private not-for-profit · 1 feeder programs
1,153Business Administration and Management, General93%$30,32617%
42Ohio State University - Main Campus
Columbus, OH Public · 4 feeder programs
1,139Finance, General88%61%
43Clemson University
Clemson, SC Public · 2 feeder programs
1,132Business Administration and Management, General87%38%
44University of Massachusetts - Lowell
Lowell, MA Public · 1 feeder programs
1,110Business Administration and Management, General65%83%
45Florida State University
Tallahassee, FL Public · 3 feeder programs
1,098Finance, General86%24%
46The University of Texas at Austin
Austin, TX Public · 2 feeder programs
1,079Business Administration and Management, General89%27%
47Auburn University
Auburn, AL Public · 2 feeder programs
1,072Business Administration and Management, General82%46%
48Florida Atlantic University
Boca Raton, FL Public · 3 feeder programs
1,069Business Administration and Management, General63%66%
49Pasadena City College
Pasadena, CA Public · 1 feeder programs
1,057Business Administration and Management, General48%
50University of Massachusetts - Amherst
Amherst, MA Public · 3 feeder programs
1,056Business Administration and Management, General83%60%

What compensation, benefits, and job analysis specialists earn

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

Median annual wage
$78,210
Mean annual
$84,330
Median hourly
$37.60/hr
People employed
112,380
What the range looks like
10th pct$49,480Median$78,21090th pct$128,920

Top-paying metro areas

San Jose-Sunnyvale-Santa Clara, CA
$133,700median
770 jobs
San Francisco-Oakland-Fremont, CA
$102,780median
2,440 jobs
Boulder, CO
$103,280median
120 jobs
Boston-Cambridge-Newton, MA-NH
$99,150median
2,630 jobs
Seattle-Tacoma-Bellevue, WA
$85,910median
2,220 jobs
Rochester, MN
$108,170median
60 jobs
Denver-Aurora-Centennial, CO
$92,560median
1,440 jobs
Los Angeles-Long Beach-Anaheim, CA
$97,310median
4,070 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

Where the jobs are, state by state

Pick a state for in-state pay, the schools there, and the programs they run.

This occupation state by state: pay, jobs, and schools
StateMedian payJobsConcentrationSchoolsGraduates / yr
California$91,41013,4301.02×22258,021
Texas$74,80013527,987
Arizona$74,9302,2300.95×3526,275
Florida$65,0206,6100.92×9723,265
New York$83,20011,4701.64×14217,290
North Carolina$67,9703,9301.10×11114,711
New Hampshire$80,8103800.77×1813,767
Indiana$68,3001,8200.78×4412,601
Utah$52,0901212,587
Massachusetts$95,8903,3901.29×6012,049
Pennsylvania$70,6404,9101.12×11011,923
Virginia$81,1903,5001.18×5811,222
Colorado$92,5601,9800.95×3011,214
Ohio$75,7802,9500.74×8811,149
Illinois$79,3004,4101.00×8710,606
Georgia$66,6904,7801.35×8210,501
New Jersey$85,0403,1501.02×498,838
Michigan$79,4802,4800.78×718,340
Alabama$57,7101,0000.66×418,163
Maryland$79,7001,6500.83×397,581
Minnesota$78,770527,488
Kentucky$64,6906700.47×456,579
Louisiana$62,7001,0500.75×296,321
Idaho$63,6805000.81×105,894
Tennessee$69,9902,1500.91×525,632
South Carolina$63,4501,1600.70×465,593
Wisconsin$72,1301,8400.87×505,333
West Virginia$48,0805801.14×254,862
Connecticut$83,1001,1400.93×194,703
Missouri$74,2601,6700.79×514,555
Washington$86,6303,3501.30×484,183
Oklahoma$64,2601,2000.97×324,173
Iowa$67,1601,0700.95×423,854
Nebraska$67,4104600.62×213,640
Kansas$67,9906400.62×352,910
Mississippi$51,6703700.44×262,900
District of Columbia$86,7106501.28×112,748
Arkansas$61,2804900.52×332,687
Oregon$83,3201,3300.94×272,080
New Mexico$83,5403400.54×231,650
Rhode Island$80,3303000.83×111,638
Delaware$99,5602900.83×61,446
Maine$77,4001800.38×161,330
North Dakota$70,4801000.33×16962
South Dakota$64,6306301.91×15904
Hawaii$64,0902600.57×7868
Vermont$76,0301700.78×6642
Wyoming$69,0907437
Montana$75,2901900.51×15407
Alaska$79,1601800.78×7389

Skills and tools

From O*NET, the U.S. Department of Labor's occupational database. Importance is a 1 to 5 scale.

What they do day to day

  • Administer employee insurance, pension, and savings plans, working with insurance brokers and plan carriers.
  • Ensure company compliance with federal and state laws, including reporting requirements.
  • Research employee benefit and health and safety practices, and recommend changes or modifications to existing policies.
  • Advise managers and employees on state and federal employment regulations, collective agreements, benefit and compensation policies, personnel procedures, and classification programs.
  • Plan and develop curricula and materials for training programs and conduct training.
  • Assist in preparing and maintaining personnel records and handbooks.
  • Develop and administer compensation programs, such as merit or incentive pay.
  • Evaluate job positions, determining classification, exempt or non-exempt status, and salary.

Skills

  • Reading Comprehension3.9
  • Active Listening3.9
  • Speaking3.9
  • Critical Thinking3.8
  • Active Learning3.4
  • Writing3.4
  • Mathematics3.1
  • Monitoring3.1

Knowledge areas

  • Personnel and Human Resources4.2
  • English Language4.0
  • Customer and Personal Service3.8
  • Mathematics3.8
  • Administration and Management3.6
  • Economics and Accounting3.3

Abilities

  • Oral Expression4.0
  • Written Comprehension3.9
  • Oral Comprehension3.9
  • Inductive Reasoning3.6
  • Deductive Reasoning3.6
  • Problem Sensitivity3.6

Core activities

  • Evaluating Information to Determine Compliance with Standards4.3
  • Getting Information4.2
  • Working with Computers4.2
  • Communicating with Supervisors, Peers, or Subordinates4.2
  • Analyzing Data or Information4.1
  • Making Decisions and Solving Problems4.0

Tools and technology

hotmarks an O*NET hot technology
IBM SPSS StatisticshotKronos Workforce TimekeeperhotMicrosoft AccesshotMicrosoft ExcelhotMicrosoft Office softwarehotMicrosoft OutlookhotMicrosoft PowerPointhotMicrosoft ProjecthotMicrosoft SharePointhotMicrosoft SQL Serverhot

How to get in

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.

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

Related careers

Jobs O*NET identifies as close to this one, with their own pay and outlook.

Common questions

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 348,906 degrees in 2024-25, 83.4% 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, Finance and Financial Management Services, Human Resources Management and Services, Insurance. Together they graduate about 418,178 people a year.

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

The median is $78,210 a year (BLS OEWS May 2025). The middle range runs from $49,480 at the 10th percentile to $128,920 at the 90th. 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?+

2,366 institutions 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.

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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