Compensation Analyst

SkyWater Technology Foundry • Bloomington, MN

28d

About The Position

The Compensation Analyst is responsible for supporting the design, implementation, and administration of compensation programs across our three sites nationally. This role requires advanced analytical capabilities, strong business acumen, and an understanding of compensation principles to ensure programs support the company's strategic goals.

Requirements

• Bachelor's degree in HR, Business, Finance, or related field.
• 2-4 years of experience in compensation, total rewards, HR analytics, or related areas.
• Strong Excel skills and experience working with large datasets; familiarity with HRIS or compensation tools a plus.
• Solid understanding of compensation principles, market pricing, and job evaluations.
• Analytical thinker with strong attention to detail and data accuracy.
• Excellent communication and collaboration skills.
• U.S. Person Required: SkyWater Technology Foundry, Inc. subject to the International Traffic in Arms Regulations (ITAR). All accepted applications must be U.S. Persons as defined by ITAR. ITAR defines a U.S. Person as U.S. citizen, U.S. Permanent Resident, Political Asylee, or Refugee.

Nice To Haves

• Certified Compensation Professional (CCP) certification or progress toward it is a plus (but not required).

Responsibilities

• Support compensation planning cycles for merit, bonus, and long-term incentive programs, including data audits, system preparation, and communications.
• Conduct market benchmarking and job evaluations to ensure internal equity and external competitiveness. Participate in compensation and salary surveys by preparing data and analyzing results.
• Analyze compensation structures and programs, including base pay, annual incentives, and salary planning processes.
• Contribute to the ongoing administration of the stock plan and ESPP.
• Assist in the administration of sales incentive plans or other variable pay programs as needed.
• Review and analyze compensation related system configurations and data integrity.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Computer and Electronic Product Manufacturing
• Number of Employees: 501-1,000 employees