Benefits Analyst salary in Latvia

Average Yearly Salary of Benefits Analyst in Latvia is approximately 25,400 EUR (25,395 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 Benefits Analyst do?

A benefits analyst is responsible for evaluating, designing, and implementing employee benefit programs within an organization. They analyze the current benefit offerings, assess their effectiveness, and make recommendations for improvements or changes. This role involves researching industry trends, benchmarking against competitors, and ensuring compliance with legal and regulatory requirements. Benefits analysts also collaborate with HR teams to educate employees on available benefits, answer inquiries, and resolve issues related to benefits packages. Additionally, they may assist in negotiating contracts with benefit providers and managing relationships with vendors.

Skills: benefits analysis, employee benefits, HR management, data analysis, compliance, vendor management
Job industry: Human resources

How much does Benefits Analyst make?

Difference in salary year over year or average salary increase is approximately 3 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Benefits Analyst a well paid job?

Yes, our data shows that Benefits 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 Benefits Analyst?

High salary for Benefits Analyst would be somewhere between 27,940 EUR and 36,830 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Benefits Analyst in Latvia?

Living in Latvia the approximate monthly expenses are: 860 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: 25,400 EUR
Estimated Monthly Salary: 2,117 EUR
Estimated Weekly Salary: 488 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Benefits Analyst a person can save up to 1,256 USD per month or 15,075 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 Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Benefits 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 Latvia

Data as of 2025

Random salary:
Underwriter municipal bonds (41,869 EUR per year, pre-tax.)
Retail store designer (27,668 EUR per year, pre-tax.)
Middle school teacher (except special and vocational education) (18,856 EUR per year, pre-tax.)
Management analyst (28,122 EUR per year, pre-tax.)
Branch manager pest control services (22,029 EUR per year, pre-tax.)

Feedback about these results