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Compensation Analyst Jobs in Tennessee (NOW HIRING)

Compensation Analyst

Nashville, TN · On-site

$31 - $36/hr

Prior compensation or stock plan administration experience. * Advanced Excel skills including pivot tables and VLookups. * Strong communication and analytical skills. * Strong knowledge of legal ...

Sr Compensation Analyst

Brentwood, TN

$78K - $102K/yr

JOB SUMMARY The Sr Compensation Analyst provides analysis and administration of the compensation pay practices and policies. They will provide guidance to the business in terms of internal ...

Sr Compensation Analyst

Brentwood, TN · On-site

$78K - $102K/yr

JOB SUMMARY The Sr Compensation Analyst provides analysis and administration of the compensation pay practices and policies. They will provide guidance to the business in terms of internal ...

Leveraging strong analytical skills and a deep understanding of compensation principles, this role partners with business leaders and HR stakeholders to deliver data-driven insights and ...

New

Leveraging strong analytical skills and a deep understanding of compensation principles, this role partners with business leaders and HR stakeholders to deliver data-driven insights and ...

New

Leveraging strong analytical skills and a deep understanding of compensation principles, this role partners with business leaders and HR stakeholders to deliver data-driven insights and ...

New

Leverage advanced analytical techniques to deliver actionable insights that inform strategic compensation decisions and drive program optimization. * Provide strategic and operational management of ...

Leverage advanced analytical techniques to deliver actionable insights that inform strategic compensation decisions and drive program optimization. * Provide strategic and operational management of ...

Leverage advanced analytical techniques to deliver actionable insights that inform strategic compensation decisions and drive program optimization. * Provide strategic and operational management of ...

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Compensation Analyst information

See Tennessee salary details

$17

$35

$53

How much do compensation analyst jobs pay per hour?

As of Aug 31, 2026, the average hourly pay for compensation analyst in Tennessee is $35.37, according to ZipRecruiter salary data. Most workers in this role earn between $28.37 and $40.14 per hour, depending on experience, location, and employer.

What is a compensation analyst?

Compensation Analysts are human resources professionals who research, analyze, and develop an organization's pay structures and compensation programs. They ensure that salaries, bonuses, and benefits are competitive and comply with legal standards. Their work involves conducting market salary surveys, evaluating job positions, and making recommendations to attract and retain employees. Compensation Analysts play a critical role in balancing organizational goals with employee satisfaction.

What does a compensation analyst do?

A compensation analyst works in Human Resources focusing on the analysis of employee salaries and benefits to ensure both are fair. The compensation analyst looks at each role and performs an analysis of similar positions both inside and outside of the company to determine the amount of pay a candidate should receive for their work. They provide the figures to upper management to budget for a new employee or plan their financial goals for the year. Their duties include meeting federal guidelines for worker’s compensation, building pay structures for their employer, and reviewing existing salaries.

What are the key skills and qualifications needed to thrive as a compensation analyst, and why are they important?

To thrive as a Compensation Analyst, you need strong analytical skills, attention to detail, and a solid understanding of compensation principles, often supported by a degree in human resources, finance, or a related field. Familiarity with HRIS systems, advanced Excel functions, and compensation management software like PayScale or MarketPay is typically required. Exceptional communication, problem-solving abilities, and discretion with sensitive data are important soft skills that set top performers apart. These skills and qualities are crucial for ensuring fair, competitive, and legally compliant compensation practices that attract and retain talent.

What are some typical challenges compensation analysts face when ensuring pay equity across an organization?

Compensation Analysts often encounter challenges such as navigating complex pay structures, managing large volumes of sensitive salary data, and staying current with evolving regulations on pay equity. They must balance internal fairness with external market competitiveness while addressing potential discrepancies in pay based on job roles, experience, and location. Additionally, collaborating with HR, finance, and leadership teams to implement equitable compensation strategies requires strong communication and data analysis skills.

What is the difference between Compensation Analyst vs Benefits Analyst?

AspectCompensation AnalystBenefits Analyst
Required CredentialsBachelor's degree in HR, Business, or related field; certifications like CCP or CBPBachelor's degree in HR, Business, or related field; certifications like CBP or CEBS
Work EnvironmentCorporate HR departments, consulting firms, or government agenciesCorporate HR teams, insurance companies, or government agencies
Employer & Industry UsageUsed across industries to develop compensation structuresUsed to manage employee benefits programs and compliance
Comparison FocusAnalyzing salary data, pay structures, and market trendsManaging health, retirement, and other employee benefits

While both roles are vital in HR, Compensation Analysts focus on salary structures and pay equity, whereas Benefits Analysts specialize in employee benefits programs. Both roles often collaborate but serve distinct functions within organizations.

Is a compensation analyst a good career?

A compensation analyst is a valuable role responsible for analyzing salary structures, benefits, and pay practices within organizations. It requires strong analytical skills, knowledge of compensation laws, and proficiency with data tools like Excel or HRIS systems. The career offers growth opportunities in HR and compensation management, with a stable job outlook in many industries.

What are the most commonly searched types of Compensation Analyst jobs in Tennessee?

The most popular types of Compensation Analyst jobs in Tennessee are:

What job categories do people searching Compensation Analyst jobs in Tennessee look for?

The top searched job categories for Compensation Analyst jobs in Tennessee are:

What cities in Tennessee are hiring for Compensation Analyst jobs?

Cities in Tennessee with the most Compensation Analyst job openings:

Infographic showing various Compensation Analyst job openings in Tennessee as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 17% Part Time, and 5% Contract. Highlights an 82% Physical, 2% Hybrid, and 16% Remote job distribution, with an average salary of $73,563 per year, or $35.4 per hour.

Provider Compensation Analyst

Medicine Journal

Chattanooga, TN • On-site

Full-time

Re-posted 16 days ago


Job description

JOB SUMMARY:
The Provider Compensation Analyst provides compensation consultative services for Erlanger Medical Group employed providers and independent contracted providers of Erlanger Health. The Provider Compensation Analyst will work closely with leadership in Provider Recruitment, EMG Operations and EMG Business Office to provide analysis of compensation design and benchmarking, physician productivity analysis, fair market value, and contract review and management.
- Conduct benchmarking and data analysis to formulate compensation recommendations that align with the system's standards for compensation programs
- Interpret, analyze, and implement compensation arrangements as stipulated in Provider Employment Agreements
- Manage components and participate in annual/bi-annual provider contract review process by preparing productivity reports, providing recommendations on salary adjustments, gathering and analyzing data to determine incentive goal achievements, etc.
- Participate and complete annual provider compensation and productivity surveys
- Participate in and collaborate closely with external appraisers/consultants to obtain an analysis of fair market value (FMV) and commercial reasonableness (CR) for all proposed compensation plans
- Partner with Provider Recruitment and Operations teams in solving business and operations issues
- Partner with EMG Business Office and as needed, serve as back up to the EMG Financial Analyst on calculations of Provider incentive compensation, variable compensation and uploads to Payroll
Education:
Required:
Bachelor's degree (in business, health care administration or finance), or related field required
Preferred:
Master's degree in health/hospital administration, business administration, finance or related field preferred.
Experience:
Required:
-Minimum of Five (5) or more years of finance or compensation experience
-Two (2) years of physician or provider compensation experience and/or solid understanding of physician billing and productivity measures (i.e. CPT, wRVU, Charges, Collections, etc)
-Two (2) years of experience in a hospital or healthcare related environment
-Proficiency in Microsoft Word, Excel, and Outlook
Preferred:
-Ability to effectively and professionally communicate verbally and in writing to key stakeholders within the organization.
-Ability to multi-task projects
Position Requirement(s): License/Certification/Registration
Preferred: N/A
Department Position Summary:
The Provider Compensation Analyst provides compensation consultative services for Erlanger Medical Group employed providers and independent contracted providers of Erlanger Health. The Provider Compensation Analyst will work closely with leadership in Provider Recruitment, EMG Operations and EMG Business Office to provide analysis of compensation design and benchmarking, physician productivity analysis, fair market value, and contract review and management.