Average Compensation Analyst Salary in Toronto, Ontario

C$66,147
Avg. Base Salary (CAD)
10%
CA$48k
MEDIAN
CA$66k
90%
CA$86k

The average salary for a Compensation Analyst is C$66,147 in 2025

Base Salary
C$48k - C$86k
Bonus
C$4k - C$10k
Total Pay
C$50k - C$93k
Is Average Compensation Analyst Salary in Toronto, Ontario your job title? Find out what you should be paid
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What is the Pay by Experience Level for Compensation Analysts?

What Do Compensation Analysts Do?

Compensation Analyst Tasks
  • Ensure company compliance with country specific regulations and laws, including reporting requirements.
  • Monitor cost differentials, taxes for equalization and country specific incentives and variable pay.
  • Analyze country specific data and relevant market trends, develop salary structures and market pricing recommendations.
  • Review and monitor employee pay and recommend reviews if necessary.
  • Identify relevant market data and trends regarding executive compensation and present recommendations.
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FAQs About Compensation Analysts

What is the highest pay for Compensation Analysts in Toronto?

Our data indicates that the highest pay for a Compensation Analyst in Toronto is CA$86k / year

What is the lowest pay for Compensation Analysts in Toronto?

Our data indicates that the lowest pay for a Compensation Analyst in Toronto is CA$48k / year

How can Compensation Analysts increase their salary?

Increasing your pay as a Compensation Analyst is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Compensation Analyst that oversees more junior Compensation Analysts, this experience can increase the likelihood to earn more.