Compensation Analyst

Hermès • New York, NY

8d • $75,000 - $88,000 • Onsite

About The Position

The Compensation Analyst is a member of the Compensation and Benefits team and supports the administration, analysis, and maintenance of company compensation programs. Reporting to the Director of Compensation, the role helps ensure commission, incentive, and bonus plan eligibility is applied accurately; maintains compensation systems and data; and provides analytical support for compensation planning and market benchmarking. The analyst works with Human Resources, Payroll, and Finance to administer programs consistently and accurately in alignment with organizational objectives, while supporting compensation processes, reporting, data integrity, and employee reward programs.

The position maintains compensation, job, and employee data across Oracle (MyClickH), PayScale, Varicent, and ADP Workforce Now; monitors employee and organizational changes; conducts audits and validations; and supports annual merit, promotion, and bonus planning. It produces recurring and ad hoc reports, analyses, and dashboards; analyzes compensation trends, salary structures, pay equity, and market competitiveness; assists with compensation modeling and recommendations; and supports survey submissions and market pay-range maintenance. The role also administers commission, incentive, and bonus plans, validates calculations and eligibility, supports compliance and process improvement, documents procedures, and responds to compensation-related inquiries.

The role has no supervisory, budget, or decision-making responsibility. Regular in-person work at a company-designated location is an essential function. The stated salary range is $75,000–$88,000, with actual rates based on the job, location, and individual experience. The company states that the essential functions can be performed with or without reasonable accommodations.

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 work in person regularly 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.
• 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.
• Participate in compensation survey submissions and data collection.
• Maintain position pay-range data against market sources and assist in evaluating 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 plans.
• Ensure compensation programs are applied accurately and consistently under established plan rules and company policies.
• Review and validate compensation calculations, earnings, and participant eligibility.
• Help resolve compensation-related inquiries from managers, employees, Payroll, and HR partners.

Benefits

• Commission and bonus incentives based on sales performance.
• Medical, dental, and vision coverage.
• Life insurance and disability coverage.
• 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.
• Voluntary benefits, including flexible spending accounts, fitness reimbursement, and voluntary life insurance.
• Product discount and EAP resources.
• Access to Calm App, Health Advocate, Family Building Support, and additional resources.

What This Job Offers

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