Compensation Analyst

Mass General Brigham•Somerville, MA

2d•$63,648 - $92,570•Hybrid

About The Position

The Compensation Analyst provides compensation analysis, benchmarking, and reporting to support business and compensation strategy. The role analyzes compensation trends to provide proactive insights, support planning, and inform decision-making. It also provides system support, data auditing and reporting, market pricing, job evaluation, and internal equity analysis. The position evaluates jobs for appropriate leveling and salary structure placement, supports market benchmarking and annual compensation planning, and responds to compensation requests. It assists with Workday approvals for pay actions and provides salary offer support and consultation. This is a full-time, hybrid position with standard business hours, Monday through Friday. The role is remote/work from home, with flexibility to attend on-site meetings at Assembly Row in Somerville, Massachusetts, as needed. Remote employees must work from a stable, secure, compliant workstation in a quiet environment and use Teams video with MGB-provided equipment.

Requirements

Bachelor’s degree in a related field of study, or equivalent experience in lieu of a degree.
At least 3 years of experience in Human Resources, Compensation Analysis, or a related role.
Good analytical and quantitative skills, including the ability to interpret complex data and make data-driven recommendations.
Strong attention to detail and accuracy in data analysis and reporting.
Effective communication and interpersonal skills, including the ability to collaborate with stakeholders.
Strong problem-solving skills and the ability to manage multiple projects and deadlines in a fast-paced environment.
Proficiency in PowerPoint and Microsoft applications, with advanced skills in Microsoft Excel.
Ability to interpret and apply compensation policies, regulatory requirements, and organizational guidelines.

Responsibilities

Analyze compensation trends and prepare reports to support planning and decision-making.
Evaluate jobs for leveling and placement in the appropriate salary structure, supporting fairness and regulatory compliance.
Conduct market pricing and assist with market benchmarking.
Assist with the annual compensation planning process.
Assist with internal equity analysis.
Monitor and respond to Compensation requests through ServiceNow and email, escalating complex requests to Compensation Advisors.
Assist with Comp Partner Workday approvals for pay actions.
Provide job salary offer support and consultation.