Compensation Analyst

Hermes • New York City, NY

16d • Onsite

About The Position

The Compensation Analyst is a key member of the Compensation and Benefits team and supports the administration, analysis, and maintenance of the company’s compensation programs. The role ensures accurate application of commission, incentive, and bonus plan eligibility; maintains compensation systems and data; and provides analytical support for compensation planning and market benchmarking. The analyst works closely with Human Resources, Payroll, and Finance to administer programs consistently, accurately, and in alignment with organizational objectives. The position reports to the Director of Compensation.

The role manages compensation, job, and employee data in compensation systems and HR platforms, monitors employee and organizational changes, conducts data audits, supports annual compensation planning, and prepares recurring and ad hoc reports and analyses. It also analyzes compensation trends, salary structures, pay equity considerations, and market competitiveness; supports modeling and recommendations; participates in compensation surveys; and maintains position pay-range data against market sources.

The analyst helps ensure practices comply with applicable laws, regulations, and company policies, documents processes, identifies process and system improvements, and supports special projects. The position administers commission, incentive, and bonus plans, validates calculations and eligibility, and helps resolve compensation-related inquiries. Regular in-person work at a Company-designated work location is an essential function of the position. Hermès provides reasonable accommodations to qualified individuals with disabilities.

Requirements

• 2–3 years of experience in compensation, human resources, payroll, or data analytics.
• Experience working with HRIS and compensation management systems.
• Proficiency in Microsoft Excel, including formulas, pivot tables, data analysis, and reporting.
• Exceptional attention to detail and commitment to data accuracy.
• Strong analytical and problem-solving abilities.
• High integrity and discretion when handling confidential employee information.
• Ability to work independently and collaborate effectively across teams.
• Strong accountability and ownership of responsibilities.
• Ability to prioritize multiple projects and meet deadlines in a fast-paced environment.
• Excellent time-management and organizational skills.
• Ability to perform the key functions of the role with or without reasonable accommodations.
• Regular in-person work at a Company-designated work location.

Nice To Haves

• Experience supporting incentive, commission, bonus, or compensation administration programs.

Responsibilities

• Maintain accurate compensation, job, and employee data in compensation systems and HR platforms, including Oracle (“MyClickH”), PayScale, Varicent, and ADP Workforce Now.
• Monitor and update employee headcount changes, organizational updates, and compensation records.
• Conduct regular audits and validations to ensure data integrity and compliance with compensation program requirements.
• Assist with annual compensation planning, including merit increases, promotional increases, and bonus planning activities.
• Generate recurring and ad hoc compensation reports, analyses, and dashboards for leadership and business stakeholders.
• Analyze compensation trends, salary structures, pay equity considerations, and market competitiveness.
• Support compensation-program modeling and prepare recommendations with supporting analysis for compensation-related decisions.
• Participate in compensation survey submissions and data collection activities.
• Maintain pay-range data for positions against market sources and assist in evaluating compensation competitiveness and identifying market trends.
• Ensure compensation practices comply with applicable laws, regulations, and company policies.
• Document compensation processes and maintain procedural guidelines.
• Identify opportunities to improve compensation administration, reporting, and system efficiency.
• Support special compensation projects and initiatives as assigned.
• Administer and maintain commission, incentive, and bonus programs, applying them accurately and consistently according to plan rules and company policies.
• Review and validate compensation calculations, earnings, and participant eligibility.
• Support resolution of compensation-related inquiries from managers, employees, Payroll, and HR partners.

Benefits

• Commission and bonus incentives based on sales performance.
• Medical, dental, and vision insurance.
• Life insurance and disability insurance.
• Paid time off, including 15 days of annual vacation, 11 company holidays, 3 floating holidays, 2 wellbeing days, and sick and safe time.
• Paid parental leave and transition time.
• 401(k) and Roth retirement plans with company matching and profit sharing.
• Flexible spending accounts.
• Fitness reimbursement.
• Voluntary life insurance.
• Product discount.
• Employee Assistance Program (EAP) resources.
• Access to Calm App, Health Advocate, and Family Building Support.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed