Compensation Analyst

GrowTech Industries, LLC•Buffalo, NY

31d

About The Position

GTI is seeking a Compensation Analyst to support the development and administration of enterprise-wide compensation programs. This role will be responsible for aligning job titles and compensation structures across the organization, building and maintaining salary bands, supporting annual merit increase programs, and partnering closely with HR leadership and HRIS resources to implement scalable compensation practices. The Compensation Analyst will provide data-driven insights that support compensation planning, internal equity analysis, and competitive positioning in the labor market.

Requirements

Bachelor’s degree in Human Resources, Business Administration, Finance, Economics, or related field
3–6 years of experience in compensation analysis, HR analytics, or HR operations
Experience developing or maintaining compensation bands and job architecture frameworks
Strong analytical and data interpretation skills with the ability to translate data into actionable insights
Experience working with HRIS systems and compensation planning tools
Strong proficiency in Excel and compensation data analysis

Nice To Haves

Experience supporting compensation programs within manufacturing, engineering, or industrial organizations
Familiarity with compensation survey platforms and benchmarking tools
Experience supporting merit increase programs and compensation planning cycles
Professional certifications such as CCP, SHRM-CP, or PHR

Responsibilities

Support the development and maintenance of job architecture across the organization, ensuring alignment between job titles, job levels, and compensation structures
Establish and maintain compensation bands for roles across engineering, manufacturing, operations, corporate, and leadership functions
Conduct internal equity analysis to ensure consistency in compensation practices across departments and locations
Partner with HR leadership to define compensation frameworks that support organizational growth and talent retention
Conduct external market benchmarking using compensation surveys and labor market data to evaluate competitiveness
Analyze salary data to identify compression risks, outliers, and misaligned compensation structures
Provide recommendations to leadership on salary adjustments, market corrections, and competitive positioning
Maintain compensation datasets and reporting tools used for internal decision-making
Partner with HR and Finance to design and administer annual merit increase programs tied to performance management outcomes
Develop structured merit increase guidelines that align with company performance objectives and budget constraints
Work with the HRIS Analyst to configure merit planning workflows, compensation review cycles, and reporting capabilities within HR systems
Provide compensation guidance to managers during annual review and compensation planning cycles
Develop and document standardized compensation practices including salary band management, promotion guidelines, and compensation approval processes
Support leadership and recruiting teams with compensation analysis for new roles, promotions, and internal transfers
Ensure compensation practices are compliant with federal, state, and local regulations including pay transparency requirements
Maintain documentation and reporting related to compensation governance and audit readiness
Partner with HR Business Partners, Talent Acquisition, Finance, and leadership teams to support compensation planning and workforce strategy
Provide compensation insights that support workforce planning, hiring strategies, and organizational design initiatives
Collaborate with HRIS resources to ensure compensation data integrity within HR systems and reporting tools