Compared with the local labor market
Benefits Specialist pay vs. the Chicago-Naperville-Elgin, IL-IN area
Across all employers in the Chicago-Naperville-Elgin, IL-IN area, the median wage for Compensation, Benefits, and Job Analysis Specialists — about 3,500 people — is $79,990. Department of Finance pays a median base salary of $72,996 for this role, 9% below that figure — about the 40th percentile of local pay for the occupation.
Where Department of Finance sits in the local pay range
$53,000
$63,290
$79,990
$102,240
$130,020
Department of Finance median · $72,996
The bar is the range of annual wages for Compensation, Benefits, and Job Analysis Specialists across every employer in the Chicago-Naperville-Elgin, IL-IN area, from the 10th to the 90th percentile, with the middle 50% highlighted. The marker shows Department of Finance’s median base salary for this role. Both figures are base pay only.
And across the country
Nationwide, the median wage for Compensation, Benefits, and Job Analysis Specialists — about 112,380 people — is $78,210. Department of Finance’s median base salary is 7% below that national figure, about the 42nd percentile of pay for the occupation nationally.
$49,480
$60,890
$78,210
$100,400
$128,920
Department of Finance median · $72,996
Local and national wages differ for reasons beyond how well a job pays — cost of living, the mix of employers, and local demand for the occupation all move the Chicago-Naperville-Elgin, IL-IN range relative to the national one.
Median total compensation for this role at Department of Finance is $72,996, which includes overtime and employer-paid benefits. The benchmark above excludes both, so total compensation is deliberately not compared against it.
Benchmark: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (May 2025). BLS Occupational Employment and Wage Statistics (OEWS) covers all employers in the area — private, non-profit, and government alike — so this is a comparison against the whole local labor market for the occupation, not against private-sector pay. OEWS wages are straight-time pay and exclude overtime, shift differentials, and employer-paid benefits, so the government figure shown here is base pay on the same basis. Total compensation is not comparable to it. Job titles are matched to the closest standard occupation, so the comparison is between similar work rather than an identical job classification.