Product Analyst, Compensation
About The Position
Product Analyst, Compensation plays a critical role in supporting the organization's compensation programs through effective HR technology solutions. This role acts as a key liaison between business collaborators and technical teams, translating complex business requirements into scalable system functionality. The analyst ensures data accuracy, drives process improvements, and supports seamless execution through configuration, testing, documentation, and change management. Partnering closely with HR, Payroll, IT, and vendor teams, the Product Analyst ensures that compensation systems are efficient, compliant, and fully aligned with business needs, enabling a consistent and reliable employee experience.
Requirements
- 8-10 years of experience in Compensation, HR Systems and Business Analysis, preferably within HR Tech or SaaS environments or equilivent working experience
- Strong knowledge of compensation processes - including salary structure design, pay ranges, merit/bonus cycles, benchmarking, and total rewards programs.
- 5+ years of Hands-on experience with HR systems configuration or product implementation (e.g., Workday)
- Ability to interpret and document business requirements, data mappings, and functional specifications for product enhancements and integrations.
- Strong analytical approach with experience in data validation, reporting, and fix.
- Solid understanding of data flows between HRIS, compensation, and payroll systems
- Good communication and collaboration skills to liaise between multi-functional teams and business partners.
- Thorough and structured problem solver with a commitment to data accuracy and process efficiency.
Responsibilities
- Serve as the techno functional expert for compensation product configuration and data flows.
- Partner with Product Managers and Compensation teams to understand business requirements, pay models, and global compensation frameworks, translating them into functional specifications and configuration stories.
- Lead the design, configuration, testing, and deployment of compensation-related features and workflows (e.g., salary planning, bonus cycles, benchmarking integrations, pay equity analytics).
- Conduct UAT (User Acceptance Testing) and validation for new features, data feeds, and system enhancements to ensure quality and accuracy.
- Build and maintain detailed business process documentation, configuration playbooks, and data dictionaries for compensation modules.
- Analyze compensation-related data to identify trends, quality issues, and optimization opportunities.
- Partner with internal and external stakeholders to ensure alignment on data dependencies, workflows, and release timelines.
- Support the continuous improvement of product configuration standards, governance, and protocols.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Publishing Industries
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
