Total Rewards Analyst

the Opportunity•Andover, MA

1d•Hybrid

About The Position

We are partnering with a well-established, growing organization to hire a Total Rewards Analyst to support its compensation, benefits, and HR analytics initiatives. This is an excellent opportunity for an analytical HR professional who enjoys working with data, identifying trends, and helping shape competitive compensation and benefits programs. The ideal candidate brings strong compensation analysis experience, a solid understanding of employee benefits, and the ability to translate complex workforce data into meaningful business recommendations. You'll collaborate with HR leadership, Talent Acquisition, Finance, and business partners to help ensure compensation and benefits programs remain competitive, equitable, and aligned with organizational goals.

Requirements

Bachelor's degree in Human Resources, Business, Finance, Economics, or a related field, or equivalent experience.
3–5 years of experience in compensation analysis, Total Rewards, benefits, or HR analytics.
Hands-on experience with compensation benchmarking, market pricing, salary structures, and job evaluations.
Working knowledge of employee benefits programs and administration.
Advanced Excel skills , including pivot tables, lookups, data analysis, and financial modeling.
Experience working with HRIS or compensation management platforms.
Strong analytical, problem-solving, communication, and organizational skills.
Ability to manage confidential information and communicate complex data clearly.

Nice To Haves

Experience with SAP SuccessFactors , Power BI, or similar HR analytics platforms.
Familiarity with Mercer compensation surveys or other market-pricing tools.
Experience supporting annual compensation cycles, pay-equity reviews, or benefits open enrollment.
Compensation modeling, forecasting, and dashboard development experience.
Professional certifications such as CCP, CBP, CEBS, SHRM-CP, or PHR.

Responsibilities

Conduct compensation benchmarking, market pricing, salary surveys, and job evaluations to ensure competitive pay practices.
Analyze salary structures, internal equity, pay compression, and market trends.
Support annual compensation planning, including merit increases, promotions, bonuses, and salary adjustments.
Develop compensation models, forecasts, and reports to support strategic decision-making.
Partner with HR and Talent Acquisition teams to provide compensation guidance for hiring and retention.
Support the evaluation and administration of health, retirement, wellness, leave, and other employee benefits programs.
Analyze benefits enrollment, utilization, costs, and participation trends to identify improvement opportunities.
Assist with annual benefits renewals, open enrollment, and employee communications.
Collaborate with benefits vendors, brokers, and internal stakeholders to resolve issues and improve program effectiveness.
Leverage advanced Excel, HRIS platforms, and reporting tools to analyze workforce and Total Rewards data.
Develop dashboards, reports, and presentations that provide actionable insights to leadership.
Maintain accurate compensation, benefits, and employee data while identifying opportunities for process improvements and automation.
Support HR technology initiatives and ensure data integrity across systems.
Assist with compensation and benefits compliance, including pay equity, wage regulations, and benefits requirements.
Partner with HR, Payroll, Finance, and leadership on workforce planning, budgeting, and Total Rewards initiatives.
Support special projects involving compensation strategy, organizational changes, and employee retention.