Compensation Analyst, Sr. Associate
About The Position
The Compensation Analyst, Sr. Associate will join State Street’s Global Total Rewards team, a collaborative group of financial services compensation professionals. The role supports multiple complex business units through compensation analysis, benchmarking, consulting, and day-to-day advisory support, and helps deliver data-driven recommendations to senior leaders. It also contributes to defining technology-driven processes that improve team efficiency, using a creative and forward-thinking approach to analysis, problem-solving, and process improvement. This is a full-time hybrid role based in Boston, requiring at least four days per week in the office. Recent college graduates with strong analytical skills and an interest in data, compensation, or Human Resources are encouraged to apply.
Requirements
- Strong analytical, problem-solving, and data-modeling capabilities, including the ability to translate findings into practical recommendations.
- Demonstrated project management skills and the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Ability to develop relationship-management and consulting skills and work effectively with HR and business stakeholders.
- Close attention to detail and comfort working with large data sets, formulas, and report creation.
- Advanced proficiency with Microsoft Excel.
- Proficiency with PowerPoint and Word.
- Strong ambition to learn, intellectual curiosity, and a self-starter mindset.
Responsibilities
- Leverage AI and other technology tools to improve compensation team processes, insights, decision-making, and ways of working.
- Prepare compensation analyses, reports, and recommendations for Human Resources Business Partners and business leaders.
- Build and maintain complex data models to assess pay positioning, analyze trends, and support data-driven decisions.
- Provide analytical support for annual compensation decisions, including salary increases, promotions, and incentive awards.
- Support complex business units with benchmarking, compensation consulting, and day-to-day advisory services.
- Analyze survey data, conduct market assessments, and evaluate internal and external role alignment for compensation benchmarking.
- Audit compensation information and related data to ensure accuracy, consistency, and integrity across processes and reporting.
- Support evolving regulatory compliance requirements in the United States and globally, including pay transparency and other compensation-related regulations.
- Partner with HR and business stakeholders to manage projects, deliver insights, and support compensation initiatives.
Benefits
- Retirement savings plan (401K) with company match.
- Insurance coverage, including basic life, medical, dental, vision, long-term disability, and optional additional coverages.
- Paid time off, including vacation, sick leave, short-term disability, and leave for family care responsibilities.
- Access to an Employee Assistance Program.
- Incentive compensation, including eligibility for annual performance-based awards, except for certain sales roles subject to sales incentive plans.
- Eligibility for certain tax-advantaged savings plans.
- Inclusive development opportunities.
- Flexible work-life support.
- Paid volunteer days.
- Employee networks.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
