Home > Salary > Latvia > Benefits Analyst
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.
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
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,051 EUR
Estimated Weekly Salary: 473 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 25,395 USD
Estimated Monthly Salary: 2,116 USD
Estimated Weekly Salary: 488 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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.
Estimated Yearly Salary for Benefits Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Contracts director (52,963 EUR per year, pre-tax.)
Customer relationship management (crm), manager (31,169 EUR per year, pre-tax.)
Service repair technical manager (12,620 EUR per year, pre-tax.)
Adult daycare aide (8,437 EUR per year, pre-tax.)
Retail merchandiser (7,607 EUR per year, pre-tax.)
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
Job industry: Human resources
How much does Benefits Analyst make?
Salary details
How much does Benefits Analyst make?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
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 24,607 EUREstimated Monthly Salary: 2,051 EUR
Estimated Weekly Salary: 473 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Last revision of data: 2024-01-02Benefits Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 25,395 USD
Estimated Monthly Salary: 2,116 USD
Estimated Weekly Salary: 488 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Benefits Analyst job salary compared to average salary in Latvia.
Comparison shows that a person working as Benefits Analyst in Latvia earns on average:
1.3 times the average salary (or 130% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Benefits Analyst job salary compared to average salary in Latvia.
Comparison shows that a person working as Benefits Analyst in Latvia earns on average:
1.3 times the average salary (or 130% of average salary).
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
Estonia is 32,836 USD
Russia is 15,209 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Contracts director (52,963 EUR per year, pre-tax.)
Customer relationship management (crm), manager (31,169 EUR per year, pre-tax.)
Service repair technical manager (12,620 EUR per year, pre-tax.)
Adult daycare aide (8,437 EUR per year, pre-tax.)
Retail merchandiser (7,607 EUR per year, pre-tax.)
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