Variable Compensation Analyst salary in Ghana

Average Yearly Salary of Variable Compensation Analyst in Ghana is approximately 55,628 GHS (4,624 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Variable Compensation Analyst do?

A variable compensation analyst is responsible for designing, implementing, and managing the variable compensation programs within an organization. They analyze market trends, business objectives, and performance data to develop effective variable compensation plans that align with the company's goals and attract top talent. The analyst collaborates with various stakeholders, including HR, finance, and sales teams, to ensure the accuracy and fairness of variable compensation calculations and payouts. They also provide recommendations for process improvements and assist in developing strategies to motivate and retain employees through variable compensation.

Skills: Variable Compensation Analyst, Compensation Analysis, Performance Management, Sales Incentives, Talent Retention, Compensation Design
Job industry: Finance

How much does Variable Compensation Analyst make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Variable Compensation Analyst a well paid job?

Yes, our data shows that Variable Compensation Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Variable Compensation Analyst?

High salary for Variable Compensation Analyst would be somewhere between 61,191 GHS and 80,661 GHS. However this is an estimation based on Gaussian Distribution.

How much can you save working as Variable Compensation Analyst in Ghana?

Living in Ghana the approximate monthly expenses are: 140 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 55,628 GHS
Estimated Monthly Salary: 4,636 GHS
Estimated Weekly Salary: 1,070 GHS per week
Estimated Hourly Salary: 27 GHS per hour
By working as Variable Compensation Analyst a person can save up to 245 USD per month or 2,944 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Ghana, see costs of living in Ghana.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Burkina Faso, Cote d'Ivoire (Ivory Coast), Togo..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Variable Compensation Analyst

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Ghana

Data as of 2025

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