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Title
Text copied to clipboard!Compensation Analyst
Description
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We are looking for a detail-oriented and analytical Compensation Analyst to join our Human Resources team. In this role, you will be responsible for researching, analyzing, and administering compensation programs that support the organization’s strategic objectives. You will ensure that our compensation practices are competitive, equitable, and aligned with current market trends. The ideal candidate will have a strong understanding of compensation structures, job evaluation methodologies, and data analysis techniques.
As a Compensation Analyst, you will collaborate with HR business partners, finance teams, and department managers to assess compensation needs and provide data-driven recommendations. You will conduct market surveys, analyze internal salary data, and assist in the development of salary ranges and incentive plans. Your work will directly impact employee satisfaction, retention, and overall organizational performance.
You will also play a key role in ensuring compliance with federal, state, and local compensation laws and regulations. This includes preparing reports for audits, maintaining compensation databases, and supporting annual compensation review cycles. Strong communication skills are essential, as you will present findings and recommendations to stakeholders at various levels of the organization.
To succeed in this role, you should have a solid background in human resources, finance, or business administration, along with experience in compensation analysis or a related field. Proficiency in Excel and HRIS systems is required, and certification such as CCP (Certified Compensation Professional) is a plus.
This is an excellent opportunity for someone who is passionate about data, fairness, and strategic HR practices. If you are looking to make a meaningful impact in a dynamic and growing organization, we encourage you to apply.
Responsibilities
Text copied to clipboard!- Conduct market analysis to determine competitive compensation levels
- Develop and maintain salary structures and job classifications
- Support annual compensation review and merit increase processes
- Ensure compliance with compensation laws and regulations
- Collaborate with HR and finance teams on compensation planning
- Analyze internal pay equity and recommend adjustments
- Prepare compensation reports and dashboards for leadership
- Participate in compensation surveys and benchmarking studies
- Assist in the design of incentive and bonus programs
- Provide guidance on compensation policies and practices
Requirements
Text copied to clipboard!- Bachelor’s degree in Human Resources, Finance, or related field
- 2+ years of experience in compensation analysis or HR analytics
- Strong analytical and quantitative skills
- Proficiency in Microsoft Excel and HRIS systems
- Knowledge of compensation laws and regulations
- Excellent communication and presentation skills
- Ability to handle confidential information with discretion
- Detail-oriented with strong organizational skills
- Experience with market pricing tools is a plus
- CCP certification is preferred but not required
Potential interview questions
Text copied to clipboard!- What experience do you have with compensation analysis?
- How do you ensure internal pay equity within an organization?
- Describe a time you used data to influence a compensation decision.
- What compensation survey tools have you used?
- How do you stay updated on compensation trends and regulations?
- Have you ever developed a salary structure from scratch?
- What HRIS systems are you familiar with?
- How do you handle sensitive compensation data?
- What is your experience with incentive or bonus plan design?
- Why are you interested in this Compensation Analyst role?
