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salary information

Salary Information for a Compensation Analyst in Nashville, TN

Median salary:

This data reflects Total Cash for a Level 3 Compensation Analyst at a mid-size company. To get more detailed information on total compensation for the role of Compensation Analyst in Nashville, TN, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a Compensation Analyst in Nashville, TN?

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

67.3

Total Comp (TC)

Cost of Living (COL) Index
67.3
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Compensation Analyst in Nashville, TN?

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 3 Compensation Analyst?

A level 3 Compensation Analyst in Nashville, TN is a seasoned professional with competence, creativity in wide range of technical areas. They resolves most issues and problems effectively. Average experience 5.5 years.

Compensation Analyst

Benchmark Role

Individual Contributor

Job Type

Compensation

Job Family

Business

Job Area

Quality of Life in Nashville, TN on a $115,050 Salary

Living in Nashville, TN, with an annual income of $115,050 presents a unique blend of affordability and quality of life relative to the cost of living and home prices compared to the broader United States. Here’s an assessment of various aspects impacting the quality of life in the region:

Cost of Living

  • Overall Affordability: Nashville's cost of living is moderate. Although slightly above the national average, it remains more affordable than many major metropolitan areas like New York or San Francisco.
  • Utilities and Groceries: Prices are on par with national averages, making everyday essentials reasonably affordable.
  • Transportation: Moderate public transportation system but significant reliance on personal vehicles can add to costs, particularly in fuel and maintenance.

Housing Market

  • Home Prices: Median home prices in Nashville are higher than the national average, driven by a competitive, fast-growing housing market.
  • Renting Options: Rental costs have been increasing but are still relatively affordable compared to larger cities, offering flexibility for newcomers.
  • Suburban Living: Surrounding suburbs offer more value for money in terms of larger spaces and more reasonable prices with access to the city.

Quality of Life

  • Cultural Vibrancy: Known for its vibrant music scene, diverse dining options, and cultural events, Nashville offers a rich lifestyle experience.
  • Recreational Opportunities: Abundant parks and recreational activities provide ample opportunities for outdoor pursuits.
  • Community Atmosphere: A welcoming community and friendly atmosphere contribute positively to the quality of life.

Healthcare Access

  • Medical Facilities: Nashville is home to several reputable hospitals and medical centers, offering comprehensive healthcare services.
  • Healthcare Costs: While healthcare costs can be high, the quality and accessibility of medical care are robust.

Quality of K-12 Schools

  • Public Education: The quality of public schools varies significantly, with some districts rated highly while others require improvement.
  • Private School Options: A variety of private schooling options are available, providing alternative choices for families seeking different educational philosophies.
  • Educational Initiatives: Efforts are in place to improve and innovate educational standards and programs.

Summary

Living in Nashville, TN, with an income of $115,050 offers a reasonably high quality of life. While housing costs are higher relative to the national average, other living expenses remain manageable

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OpenComp aggregates multiple data sources to provide accurate salary data for Nashville, TN, specifically for a Level 3 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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