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salary information

Salary Information for a Compensation Analyst in Albuquerque, NM

Median salary:

This data reflects Total Cash for a Level 1 Compensation Analyst at a mid-size company. To get more detailed information on total compensation for the role of Compensation Analyst in Albuquerque, NM, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

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Behind the numbers

What is the adjusted total comp for a Compensation Analyst in Albuquerque, NM?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

Total Comp (TC)

Cost of Living (COL) Index
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Compensation Analyst in Albuquerque, NM?

Designs, administers and oversees a company's compensation and rewards programs, including base salary, short- & long-term incentive programs, job analysis & evaluations, salary survey participation and procurement. Conducts market analysis of company jobs to determine competitive positioning of the organization's pay programs. Participates in annual salary administration programs including salary structure creation and maintenance and development of incentive or salary increase budgets. Ensures that all compensation-related activities are in compliance with applicable regulations and standards.

What are the characteristics of a level 1 Compensation Analyst?

A level 1 Compensation Analyst in Albuquerque, NM is a developing professional and technical expertise. They are able to resolve routine issues and problems and have an average of 1 year of work experience.

Compensation Analyst

Benchmark Role

Individual Contributor

Job Type

Compensation

Job Family

Business

Job Area

Quality of Life in Albuquerque, NM, on an $81,675 Salary

Living in Albuquerque, NM, on an $81,675 annual salary can provide a comfortable quality of life relative to many other parts of the United States. Below is an assessment of various facets that impact this quality of life.

Cost of Living

  • Overall Affordability: Albuquerque's cost of living is generally lower than the national average, making $81,675 a reasonable income to maintain a comfortable lifestyle.
  • Utilities and Groceries: Essential services and products like utilities and groceries are moderately priced, adding to the affordability of life in the area.
  • Transportation: Public transport is available, but many residents prefer owning a car due to the city layout. Gas prices tend to align with national averages, making commuting a manageable expense.

Housing Market

  • Home Prices: The median home price in Albuquerque is typically lower than the national median, offering more accessible options for homebuyers on this salary.
  • Rental Market: Rental prices are also competitive, providing a more affordable living alternative compared to larger metropolitan areas.
  • Neighborhood Diversity: Albuquerque offers a variety of neighborhoods, each with distinct characteristics, allowing residents to choose based on lifestyle preferences and budget.

Quality of Life

  • Climate: Boasting over 300 sunny days a year, the climate is a strong attractant, supporting outdoor activities and a vibrant community life.
  • Cultural Heritage: The city is rich in cultural and historical offerings, from museums to annual events that celebrate its diverse heritage.
  • Outdoor Recreation: Proximity to the Sandia Mountains and the Rio Grande provides ample opportunities for hiking, biking, and other outdoor pursuits.

Access to Healthcare

  • Healthcare Facilities: Albuquerque hosts several reputable hospitals and healthcare facilities, which provide good access to medical services.
  • Healthcare Costs: While costs can be on par with national averages, ensuring comprehensive health insurance can mitigate high out-of-pocket expenses.

Quality of K-12 Schools

  • Public Schools: The quality of public schools can vary, with some schools performing above average in academic standards.
  • Charter and Private Schools: There is a selection of charter and private schools offering alternative education options for families seeking specific curricula or educational environments.

Summary

An $81,675 income in Albuquerque, NM, generally affords a comfortable standard of living. The city's lower-than-average cost

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OpenComp aggregates multiple data sources to provide accurate salary data for Albuquerque, NM, specifically for a Level 1 Compensation Analyst. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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