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$18

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$56

How much do compensation analyst jobs pay per hour?

As of Aug 28, 2026, the average hourly pay for compensation analyst in Towson, MD is $37.33, according to ZipRecruiter salary data. Most workers in this role earn between $29.95 and $42.36 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.
More about Compensation Analyst jobs

What are the most commonly searched types of Compensation Analyst jobs in Towson, MD?

The most popular types of Compensation Analyst jobs in Towson, MD are:

What job categories do people searching Compensation Analyst jobs in Towson, MD look for?

The top searched job categories for Compensation Analyst jobs in Towson, MD are:

What cities near Towson, MD are hiring for Compensation Analyst jobs?

Cities near Towson, MD with the most Compensation Analyst job openings:

Compensation Analyst jobs near you
Infographic showing various Compensation Analyst job openings in Towson, MD as of August 2026, with employment types broken down into 87% Full Time, 10% Part Time, and 3% Temporary. Highlights an 73% In-person, 10% Hybrid, and 17% Remote job distribution, with an average salary of $77,647 per year, or $37.3 per hour.

Compensation Analyst

Baltimore, MD • Remote

Johns Hopkins Medical Management Corporation
See more jobs at Johns Hopkins Medical Management Corporationexternal

Full-time

Re-posted 7 days ago

Job description

Overview

Johns Hopkins Intrastaff is the internal staffing agency for the Johns Hopkins Health System and partner hospitals, providing temporary support to a variety of the Johns Hopkins locations. Our employees are the strength of our service. Intrastaff is unique because it's one of the very few agencies where a person has the benefit of being a temporary employee and also feels like a member of a large organization. Working at Hopkins means joining a culturally diverse team that includes some of the best nurses, physicians and allied health professionals in the world. Directly or indirectly, you'll have exposure to cutting-edge technology and groundbreaking medical research.

Johns Hopkins Health System in Baltimore, MD is hiring for a Compensation Analyst.

Schedule:

  • Monday- Friday
  • 8:00am - 5:00pm
  • 13 week temporary contract assignment

Location:

  • 100% Remote position
  • Employee will be required to have efficiently working home internet
  • Applicants must hold their permanent residence  in one of the following locations:
    • Maryland, Pennsylvania, Washington D.C., or Florida

Pay Rate: $43.00

Responsibilities

Conducts market analysis, performs job evaluation, develops job specifications, conducts annual salary planning process and administers salary programs including salary recommendations, incentive pay and performance management. 

  • Conducts internal equity reviews, measures external competitiveness and ensures compliance with all legal and regulatory requirements.
  • Serves as primary resource person for policy and procedure advice and guidance to HR business partners and business leaders regarding Compensation.
  • Advise and coordinate with Compensation team, HR business partners and management in the proper classification of positions, interpretation of job classifications and the application of compensation and reward policies and procedures.
  • Assist in developing job evaluation and design plans by performing research into occupational characteristics and preparing and analyzing statistical data that reflect internal and external market considerations. Conduct job audits, where applicable.
  • Prepare job descriptions, recommend corresponding compensation levels and salary ranges and communicate recommendations to assigned business units in a concise, customer-focused format.
  • Complete assigned compensation surveys of assigned business units; provide analysis and preliminary recommendations relative to job evaluation, design, classifications and market trends.
  • Assist in developing and implementing direct and indirect reward and pay strategies to support assigned business unit's requirements.
  • Audit pay practices to ensure compliance with federal and state legislation applicable to wage and hour laws and regulations and internal pay policies; thoroughly document findings and recommend appropriate solutions for compliance.
Qualifications
  • Bachelor's degree in human resources, Business Administration, or related field required
  • Certified Compensation Professional (CCP) is preferred
  • Minimum of 2 years compensation experience is required
  • Advanced proficiency with Excel is required
  • SAP and Kronos experience is highly preferred
  • HRIS and compensation management tools experience is required

Johns Hopkins Health System and its affiliates are an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, mental or physical disability, genetic information, veteran status, or any other status protected by federal, state, or local law.

Employment Type: FULL_TIME

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