As of May 18, 2021, the average salary for an Incentive Compensation Analyst in the United States is $76,392 per year, which breaks down to an hourly rate of $37.
However, an Incentive Compensation Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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An Incentive Compensation Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of an Incentive Compensation Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Technical... Level Incentive Compensation Analyst | $61,596 |
| Incentive... Level Incentive Compensation Analyst | $76,846 |
| Technical... Level Incentive Compensation Analyst | $95,496 |
| Technical... Level Incentive Compensation Analyst | $116,426 |
| Library T... Level Incentive Compensation Analyst | $130,039 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Incentive Compensation Analysts. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 23.19% |
| Technical Services | 2.73% |
| Support Services | 1.77% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Programming
|
$80,976 |
6%
|
|
Collaboration
|
$80,212 |
5%
|
|
Initiative
|
$79,448 |
4%
|
|
Problem Solving
|
$79,448 |
4%
|
|
Leadership
|
$78,684 |
3%
|
|
Planning
|
$78,684 |
3%
|
Your level of education can impact your salary potential. While many Incentive Compensation Analysts enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Incentive Compensation Analyst with a Associate's Degree is between $76,000 and $81,454).
Incentive Compensation Analyst Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 14.3% |
| High School | 71.4% |
| Associates | 14.3% |
| Bachelors | 14.3% |
| Masters | 71.4% |
| Doctorate | 14.3% |
Understanding how an Incentive Compensation Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 18, 2021Salaries for an Incentive Compensation Analyst can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $62,220 in 2023 to around $61,442 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Incentive Compensation Analyst salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $62,220 |
| 2024 | $61,902 |
| 2025 | $61,442 |
| 2026 |
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|
| 2027 |
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|
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Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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