Compensation Analyst
About The Position
The Compensation Analyst supports the design, administration, and analysis of compensation programs that promote internal equity, market competitiveness, and alignment with organizational objectives. The role conducts job evaluations, salary benchmarking, and compensation analyses, and partners with Talent Acquisition, HR, Benefits, Finance, and business leaders to provide data-driven guidance. It also manages compensation-related projects, supports annual salary and incentive programs, maintains HR technology and reporting solutions, and delivers workforce analytics to inform strategic decisions. The position requires strong analytical skills, attention to detail, project management capabilities, and the ability to translate complex compensation data into actionable insights. It is a full-time, salaried, exempt position and is not eligible for overtime.
Requirements
- 1–3+ years of Compensation or related HR experience involving job evaluation and salary structures.
- Bachelor’s degree or equivalent experience in a Compensation role.
Nice To Haves
- One or more years of experience participating in salary surveys, compensation tool administration, and/or market tool administration.
Responsibilities
- Conduct job evaluations, establish job classifications, and determine salary grades using salary surveys and internal compensation data to support internal equity and external competitiveness.
- Support the development, implementation, and management of compensation structures and policies aligned with industry benchmarks and organizational goals.
- Participate in industry salary surveys and conduct benchmark studies.
- Partner with Talent Acquisition, Benefits, Finance, HR Business Partners, and business leaders to align compensation programs with business strategy and provide guidance on compensation matters.
- Monitor compensation budgets and identify ways to offer competitive total rewards while managing expenses.
- Compile and analyze business reports and translate data into reports that support management decision-making and strategic planning.
- Plan, design, schedule, and coordinate data analysis, ensuring data integrity across HRIS systems.
- Carry out small- to mid-scale projects from planning through implementation, including the annual salary budget and merit cycle, Workers’ Compensation audits, annual 401(k) profit-sharing contribution calculations, and incentive plan and payout audits.
- Support maintenance of technology-based solutions and design end-user interfaces and reporting.
Benefits
- Medical and prescription drug benefit
- Dental benefit
- Vision benefit
- Life insurance and disability benefits
- 401(k) Profit Sharing and Investment Plan, including an annual company financial contribution and discretionary profit-sharing contribution based on annual company financial results
- Health Savings Account (HSA)
- Flexible Spending Accounts
- Tuition assistance, training, and professional designations
- Company-paid family leave
- Adoption/surrogacy assistance benefit
- Voluntary benefits, including group accident insurance, hospital indemnity, critical illness, legal, identity theft protection, and pet insurance
- Student loan refinancing services
- Business travel accident insurance
- Matching Gifts program
- Paid volunteer day
- Employee referral award program
- Wellness programs
- Personal insurance discount
- Variable Compensation Bonus plan eligibility
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
