Compensation Analyst

Xeris Pharmaceuticals, Inc. • Chicago, IL

33d • $78,000 - $114,400 • Hybrid

About The Position

The Compensation Analyst supports the design, administration, and analysis of compensation programs intended to attract, retain, and motivate talent. The role combines technical, project management, and system administration skills, with responsibilities spanning salary surveys, equity administration, job evaluation, compensation data analysis, Workday administration, and day-to-day compensation processes.

This is a hybrid role based in Xeris’ Chicago office, requiring at least three days per week in the office. The on-site requirement may change at management’s discretion. Periodic evening and weekend work may be required as needed, along with periodic overnight travel.

The anticipated base salary range is $78,000 to $114,400. Starting pay depends on factors including role-related knowledge, skills, experience, education, internal equity, market data, and location. Non-sales employees are eligible for an annual bonus, and employees may be eligible for equity or long-term incentive awards where applicable. The company describes its benefits package as including paid time off, health, vision, and dental insurance options, and 401(k) retirement benefits, among other offerings. Eligibility and details are subject to applicable plan documents and are provided during the hiring process.

Requirements

• Bachelor’s degree in Business, Human Resources, Finance, or a related field.
• At least 2 years of compensation experience.
• Knowledge of applicable federal and state employment, labor, and wage-and-hour laws.
• Experience with Workday.
• Experience with salary survey and market pricing methodologies.
• Strong analytical, problem-solving, and Excel skills.
• Knowledge of compensation principles and job evaluation methodologies.
• Competencies include attention to detail, organization, interpersonal skills, teamwork and collaboration, initiative, project management, discretion, verbal and written communication, customer service, and time management.

Nice To Haves

• Other relevant HR experience, such as HR Analytics or HRIS, is a plus.

Responsibilities

• Review and evaluate jobs to determine classification, level, pay grade, and market alignment; work with HR and managers to ensure job documentation is accurate.
• Maintain the survey library and compensation market data resources; monitor vendor schedules and submission deadlines; participate in compensation surveys through job matching, data collection, validation, and analysis.
• Serve as a primary resource for Workday compensation processes and the annual compensation cycle.
• Support annual compensation planning, including merit increases, bonus planning, incentive administration, equity grants, salary structure updates, and budget analyses.
• Administer ESPP and equity programs, including weekly reporting, grant preparation, stock release preparation, and maintenance of equity administration tools.
• Support administration and maintenance of job architecture, career frameworks, job families, and compensation structures.
• Analyze compensation data for market competitiveness, internal equity, pay compression, and other trends; prepare reports and recommendations for HR and business leaders.
• Conduct market pricing and benchmarking for new and existing positions using salary survey data and established compensation methodologies; provide recommendations supporting competitive and equitable pay practices.
• Develop, maintain, and distribute standard and ad hoc compensation reports, dashboards, and workforce analytics.
• Maintain compensation data integrity through routine audits, validation, and ongoing maintenance of employee, job, and compensation records.
• Provide guidance to HR Business Partners, recruiters, managers, and employees on compensation policies, programs, salary administration guidelines, and market practices.
• Support compliance with federal, state, and local compensation regulations, pay transparency requirements, and internal governance standards; assist with audits and pay equity analyses.
• Participate in initiatives and other activities as required.

Benefits

• Paid time off benefits.
• Health insurance options.
• Vision insurance options.
• Dental insurance options.
• 401(k) retirement benefits.
• Non-sales employees are eligible for an annual bonus.
• Employees may be eligible for equity or long-term incentive awards where applicable.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level