Compensation Analyst

Taylor Communications•Eden Prairie, MN

12h•Onsite

About The Position

Taylor Corporation is looking for a Compensation Analyst in North Mankato, MN! The Compensation Analyst supports the administration, analysis, and continuous improvement of Taylor’s compensation programs. Will partner with HR, Finance, and business leaders to ensure pay practices are competitive, equitable, compliant, and aligned with business objectives. The role designs and administers compensation programs, including base pay and incentives, and develops and maintains pay structures, salary grades, and guidelines to support informed pay decisions. This position provides analytical and consultative support across job architecture, job evaluation, market benchmarking, and annual compensation cycles. It conducts market analysis, supports compensation surveys and incentive programs, and ensures accurate, compliant execution of compensation changes. Serving as a trusted advisor, the role also develops communication materials and translates data into clear insights for leaders.

Requirements

Bachelor’s degree in HR, Finance, Business, Economics, or related field
1+ years of experience in compensation, HR analytics, or related field
Experience supporting compensation programs and data analysis
Strong knowledge of compensation principles, job evaluation, and pay structures
Advanced analytical and modeling skills with attention to detail
Proficiency in Workday, SAP, and Excel
Strong consultative communication skills
Ability to manage multiple priorities and deadlines
Candidates must be authorized to work in the United States without the need for employer sponsorship.

Nice To Haves

Experience with incentive plans, market pricing, and CCP certification

Responsibilities

Partner with leaders and HR to provide guidance on promotions, hiring decisions, pay adjustments, and job leveling
Conduct job evaluations and maintain job architecture and internal grading structures
Review new and revised roles and recommend appropriate salary ranges and levels
Support market pricing and benchmarking using external survey data
Maintain compensation data and records in HR systems (Workday/SAP)
Support annual merit, promotion, and incentive planning cycles
Conduct market benchmarking and geo-differential analysis
Assist with system configuration, testing, and compensation statement setup (Workday)
Prepare compensation analyses, reports, and budget recommendations
Develop manager guides, timelines, and employee-facing communication materials
Administer incentive and sales compensation plans including setup, tracking, and payouts
Partner with Finance and leadership on ICP design updates and annual plan changes
Load, test, and validate incentive data and system configurations
Perform audits to ensure accuracy and compliance
Prepare communication materials for leadership and participants
Partner with Payroll and Finance to support payments, deductions, and reporting
Conduct audits including minimum wage reviews and termination payment eligibility
Ensure compliance with laws, policies, and governance standards
Maintain accurate documentation and reporting for leadership
Serve as a primary compensation resource for HR Business Partners
Provide analytical support for offers, promotions, transfers, and equity reviews
Develop communication materials, guides, and training resources
Support change management initiatives