Sr. Compensation Analyst
About The Position
Servicon is seeking an analytical, detail-oriented Senior Compensation Analyst to support nationwide people strategies through the design, implementation, and administration of compensation programs. The role analyzes compensation and market data, assesses internal equity and competitiveness, and turns complex findings into clear recommendations. The analyst partners with HR, Finance, and senior leaders to help ensure pay practices are competitive, equitable, compliant, and aligned with the company’s compensation philosophy. The position administers compensation programs, salary structures, and job architecture; conducts market pricing, job evaluations, and pay equity analyses; and advises stakeholders on compensation matters. It also supports compensation planning and reporting, as well as Benefits and Union programs as needed. This is a hybrid role in an office environment, with long periods of computer use and sitting.
Requirements
- Bachelor’s degree in HR, Business, Finance, or a related field.
- At least 3 years of experience in Compensation, Finance, Consulting, or a similar analytical discipline.
- Advanced Excel skills, including data analysis, modeling, reporting, and data validation.
- Strong analytical, quantitative, and organizational skills, with the ability to apply critical thinking to complex compensation issues.
- Ability to interpret and communicate complex data and compensation concepts clearly and concisely.
- Excellent written and verbal communication skills and ability to collaborate effectively at all levels.
- Professionalism, discretion, and integrity when handling sensitive and confidential information.
- Experience leveraging AI-enabled tools to improve the quality and efficiency of work.
Nice To Haves
- Experience with job evaluation, salary benchmarking, and compensation analysis.
- Experience supporting large, multi-state, multi-site organizations.
- Experience with HRIS, HCM, and compensation management systems; Workday and NetSuite are preferred.
- Experience with compensation survey tools such as Salary.com CompAnalyst, Mercer, Radford, or WorldatWork.
- Certified Compensation Professional (CCP) or similar designation.
Responsibilities
- Administer and maintain compensation programs, salary structures, and job architecture, including design and development initiatives.
- Maintain salary grades, salary ranges, and market pricing databases.
- Design and support bonus, commission, and variable pay plans.
- Support annual merit and bonus planning processes.
- Conduct external market analyses and position pricing using compensation survey data and industry benchmarks.
- Evaluate positions and support job description reviews, job leveling, and internal equity assessments.
- Monitor labor market and emerging trends, ensuring compensation actions align with guidelines, budgets, and the compensation philosophy.
- Conduct pay equity and compression analyses to identify potential risks or inconsistencies.
- Support salary offer development and compensation recommendations for new hires, promotions, transfers, and organizational changes.
- Help ensure competitive, equitable, and compliant pay practices across a multi-state workforce.
- Advise HR and senior leadership on compensation and develop insights supporting organizational design and workforce planning.
- Educate the business on Total Rewards, pay transparency, wage reporting, and equal pay initiatives.
- Support Benefits and Union programs as needed.
- Analyze compensation data and prepare reports, dashboards, and presentations for HR leadership and business stakeholders.
- Use AI-enabled tools and automation to improve the quality and efficiency of compensation analysis and reporting.
- Perform other responsibilities and assignments as identified or assigned.
Benefits
- Annual performance-based bonuses.
- 401(k) with company matching.
- Paid time off, including vacation, sick time, holidays, bereavement, and jury duty.
- Medical, dental, and vision benefits described as exceptional and low-cost.
- Life, accident, and disability insurance.
- Employee assistance program (EAP).
- Hybrid work schedule, with 2–3 days a week in the office or on-site.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
