Published: August 30, 2024 - The Compensation Analyst performs accurate research to recommend competitive employee compensation and verify offers against industry standards. Analyzes compensation trends to ensure market competitiveness and employee retention, while conducting job analyses to determine appropriate salary levels. Reviews proposals, participates in salary surveys, and assists in developing salary administration guidelines to align with organizational objectives.


Tips for Compensation Analyst Skills and Responsibilities on a Resume
1. Compensation Analyst, Apex Solutions, Denver, CO
Job Summary:
- Perform accurate research to make informed recommendations regarding employee compensation
- Compare jobs against the industry’s market information to verify competitive compensation offers
- Analyze compensation package trends to ensure industry competitiveness and employee retention
- Conduct job analysis to determine appropriate salary level according to compensation guidelines and policy formulated by human resources management
- Review proposals for new or revised job descriptions to determine the appropriate salary range
- Participate in salary surveys and analyze results to determine the organization's market relationship
- Assist in the development and implement salary administration guidelines in a multi-state organization
- Review proposed salary actions to ensure conformance with established guidelines and policies
- Research special compensation programs or incentive systems to support the organization's objectives
- Maintain and audit the HRIS system to ensure the accuracy of compensation data
- Generate and create reports maintaining accurate information relating to compensation in HRIS
- Update quarterly Turnover Report, review and maintain knowledge of company structure
- Remain current on industry trends and regulatory requirements including FLSA and other state wage and hour laws
- Conducts all business professionally and ethically to serve customers and increase the goodwill and profit of the company
Skills on Resume:
- Compensation Research (Hard Skills)
- Market Analysis (Hard Skills)
- Trend Analysis (Hard Skills)
- Job Analysis (Hard Skills)
- Salary Administration (Hard Skills)
- HRIS Management (Hard Skills)
- Regulatory Knowledge (Hard Skills)
- Ethical Business Conduct (Soft Skills)
2. Compensation Analyst, Beacon Industries, Dallas, TX
Job Summary:
- Works to implement and administer company compensation programs, policies, and procedures to support and drive the achievement of business goals
- Experience with job evaluations, market pricing, and salary surveys, and well-versed in reporting and analysis
- Benchmark best practices to ensure programs are current concerning trends, practices, company philosophy, and competitive environment to enhance recruitment and retention initiatives
- Identify opportunities for improvement in processes and develop and provide education for leaders, HR, and other business units
- Shares functional expertise, industry insights, and best practices with peers, internal clients, and others across the company
- Assist with the preparation of communications on Operations compensation administration guidelines for distribution to associates
- Working with HR Business Partners for the Gaming business and indirectly with Line Management groups to build and implement Compensation & Benefits solutions in line with business needs.
- Providing support for managing and maintaining compensation and benefits programs and related activities in areas, of performance management and risk.
- Immigration and Mobility can take up to 50% of the core tasks for this role at a time.
- Providing analysis and modeling to support recommendations and solutions covering specific areas of Compensation & Benefits, including salary planning, market analysis, job design, variable pay planning, vendor relationship management, and/or other services.
- Providing interpretation and counsel regarding Compensation & Benefits policies, programs, and practices.
- Researching issues and developing solutions to resolve business issues in related reward areas including employee engagement, benefits, performance management, and risk.
- Assisting with developing and implementing new Compensation & Benefits policies, practices, and programs to meet organizational needs.
Skills on Resume:
- Compensation Program Administration (Hard Skills)
- Job Evaluation (Hard Skills)
- Market Pricing (Hard Skills)
- Process Improvement (Soft Skills)
- Benchmarking (Hard Skills)
- HR Collaboration (Soft Skills)
- Compensation Analysis (Hard Skills)
- Policy Development (Hard Skills)
3. Compensation Analyst, Horizon Tech, Seattle, WA
Job Summary:
- Conduct external benchmarking and assess internal equity among existing roles.
- Make compensation recommendations, proactively address compensation issues, and meet with HR business partners, department heads and directors to resolve or explain compensation issues.
- Serve as an internal expert at preparing compensation analysis to develop clear job and compensation analysis, and proposing market-based and internally focused recommendations.
- Support the HR Center of Excellence (COE) model by serving as a compensation partner for HR Business Partners in North America.
- Follow and recommend improvements to processes that align with the desired configuration within Workday.
- Partner with internal Workday experts to ensure desired configurations operate fluidly.
- Responsible for providing ongoing and ad-hoc analyses of base pay and variable pay to ensure market competitiveness.
- Conduct job evaluations, including the design of creative solutions for specific compensation-related situations.
- Partner with a broad range of internal stakeholders such as HR Business Partners, recruiters, hiring managers and organization managers & directors.
- Interface with Finance and Information Technology team members, on compensation decisions, and policies.
- Administer other programs/policies relevant to rewards and recognition, employee relocations and international arrangements.
- Ensure accurate compensation program administration and compliance with applicable ERISA, regulatory, and tax laws.
- Follow a variety of repeatable HR processes & leverage tools in support of the Company’s high-growth phase.
- In the spirit of Continuous Improvement, observe and report process weaknesses and suggest creative solutions.
- Maintain the highest standards of data integrity and accuracy.
- Oversee maintenance of data and provide ongoing HR analytics reporting.
Skills on Resume:
- Benchmarking (Hard Skills)
- Equity Assessment (Hard Skills)
- Compensation Analysis (Hard Skills)
- HR Collaboration (Soft Skills)
- Process Improvement (Soft Skills)
- Compliance (Hard Skills)
- Data Integrity (Hard Skills)
- Job Evaluation (Hard Skills)
4. Compensation Analyst, Valor Group, Miami, FL
Job Summary:
- Supports Spectrum Brands including overall compensation programs.
- Responsible for coordinating, administering, and monitoring compensation programs (base and variable pay programs) to ensure alignment and support of compensation philosophy.
- Performs job analysis efforts to include recommending new and revised job profiles by utilizing current job evaluation methodology and applying Fair Labor Standards Act guidelines.
- Participates in salary surveys globally to determine competitiveness and appropriateness of job classifications, auditing compensation for individuals and job groups and salary levels to ensure compliance with applicable laws.
- Conducts market analysis of jobs by reviewing the scope of responsibilities and matching appropriately to comparable survey data.
- Reviews salary actions for conformance to established guidelines and follows up with managers responding to questions from other HR staff and managers related to wage & hour issues.
- Provides compensation-related research to support, recommend, and implement changes
- Act as a subject matter expert in support of continuous improvement activities.
- Participates in and supports continuous improvement activities, including training, coaching and sharing of current processes and best practices.
- Supports projects and initiatives impacting pay plans and policies
- Coordinates and collaborates with cross-functional teams in the development and implementation.
- Documents and enhances programs, procedures, policies, and controls.
- Responsible for providing the overall administration and coordination of the company’s incentive plans, including the analysis and maintenance of the plans.
- Creates and owns the reports, data and analysis used to effectively evaluate the performance of the plans.
- Creates and maintains plan documents including the preparation and distribution of various employee letters and statements.
Skills on Resume:
- Compensation Administration (Hard Skills)
- Job Analysis (Hard Skills)
- Market Analysis (Hard Skills)
- Salary Surveys (Hard Skills)
- Compliance (Hard Skills)
- Continuous Improvement (Soft Skills)
- Cross-functional Collaboration (Soft Skills)
- Incentive Plan Management (Hard Skills)
5. Compensation Analyst, Synergy Enterprises, Atlanta, GA
Job Summary:
- Participates in compensation programs and projects to optimize the compensation strategy of the company while collaborating with other functional areas including HR, Information Technology and Payroll.
- Provide data analysis and expert counsel to all levels of leadership as well as HR staff on compensation programs and initiatives related to pay structures, short- and long-term incentive programs, job architecture, departmental reorganizations, pay change recommendations, new hire offers, and wage and hour regulations.
- Manage salary survey administration and serve as the point of contact for the market-pricing platform.
- Perform job analysis and job evaluations to develop job profiles and job descriptions.
- Prepare analysis and recommend annual merit budget and structure adjustments based on statistical modeling as well as participate in the design, analysis and administration of short-term variable pay programs.
- Knowledge in external marketplace compensation trends and updates to applicable employment laws.
- Collaborate with sales management to create and maintain motivating incentive plans determining metric-driven criteria and ensuring accurate compliant payout.
- Ensure accurate processing and reporting of employee’s incentive transactions.
- Provides timely assistance and guidance to Human Resources Business Partners regarding incentive compensation analysis, program design, legal compliance, and incentive compensation issues.
- Act as a subject matter expert in determining the impact of plan changes.
- Works closely with the HRIS/Payroll team to maintain current and accurate incentive and employee information.
- Maintain SOX and internal policy compliance as it pertains to incentive plan administration.
- Regularly reviews incentive payment reports for accuracy and completeness
- Establishes credibility and influence by coordinating with team and division Leaders, Finance, Legal and Human Resources
Skills on Resume:
- Compensation Strategy (Hard Skills)
- Data Analysis (Hard Skills)
- Survey Management (Hard Skills)
- Job Analysis (Hard Skills)
- Incentive Plan Design (Hard Skills)
- Compliance (Hard Skills)
- Cross-functional Collaboration (Soft Skills)
- Payroll Coordination (Hard Skills)
6. Compensation Analyst, Summit Resources, Boston, MA
Job Summary:
- Assist in the global compensation programs including policies, processes, and communications.
- Ensure the programs are aligned with Snowflake's pay practices and strategy while informed by the market
- Evaluate existing pay practices while providing recommendations and executing plans for changes.
- Review and select benchmark surveys, analyze and interpret relevant market data
- Develop recommendations for updates to job architecture, salary structures, and bonus targets, and propose salary increase budgets on a global basis
- Assist in the design and delivery of compensation programs that are well-understood and valued by managers and employees
- Develop comprehensive communications and training materials
- Perform data audits and troubleshoot within Google Sheets, Excel, and HRIS (Workday)
- Partner with cross-functional groups like human resources, stock administration, HRIS, finance, and recruiting to understand needs
- Suggest ways to utilize technology to increase process efficiency across all groups
- Ensure company compliance with relevant laws and regulations
- Assist with the development and implementation of compensation program communications and educational materials
- Examine compensation trends and develop recommendations supporting business initiatives to steer the company in a positive direction
- Participate in the development of best practices around severance, annual compensation planning, and incentive compensation management
Skills on Resume:
- Global Compensation (Hard Skills)
- Market Data Analysis (Hard Skills)
- Salary Structure Development (Hard Skills)
- Compensation Program Design (Hard Skills)
- Data Auditing (Hard Skills)
- Cross-functional Collaboration (Soft Skills)
- Compliance (Hard Skills)
- Communication & Training (Soft Skills)
7. Compensation Analyst, Orion Services, Minneapolis, MN
Job Summary:
- Manage, control, monitor, and coordinate all Compensation operational activities.
- Administer short and long-term incentive plans during the annual consolidated merit process
- Participate in market salary studies on an annual basis or more frequently for various benchmark positions within the corporation.
- Collaborate with Corporate Finance to project and manage the cost of compensation plans within budget.
- Ensure the effective day-to-day execution of compensation plans and programs.
- Conduct job analysis, evaluation, position description development, and market pricing and salary survey initiatives openly and transparently.
- Actively analyze and review compensation-related data, including business performance, budget/financial, utilization, and other demographic information
- Make informed recommendations to ensure competitive Compensation programs.
- Work with external compensation consultants
- Maintain/expand knowledge of existing and new Compensation-related legislation, and ensure the company complies with all Compensation laws and regulations.
- Assist with due diligence, analysis, recommendations, and integration for Mergers and Acquisitions (M&A).
- Coordinate and/or lead Compensation participation for system integrations/divestitures, special projects, and special processes.
- Coordinate efforts with/through key business stakeholders and participate in and/or lead internal and/or external audits
- Provide analysis and reporting of key metrics for the Compensation process.
- Ensure compliance with all internal policies and controls as well as compliance with external laws and regulatory guidance, including SOX.
- Analyze and enhance organizational effectiveness and customer-centric ideals.
Skills on Resume:
- Compensation Management (Hard Skills)
- Incentive Plan Administration (Hard Skills)
- Market Analysis (Hard Skills)
- Budget Management (Hard Skills)
- Job Evaluation (Hard Skills)
- Data Reporting (Hard Skills)
- Compliance (Hard Skills)
- M&A Support (Hard Skills)
8. Compensation Analyst, Evergreen Solutions, Portland, OR
Job Summary:
- Act as a strategic partner to the HRBPs and business leaders to support compensation practices based on the group’s unique needs and objectives
- Manage Appian’s participation and data submission for all compensation surveys
- Conduct ad-hoc analyses across all business units to evaluate compensation programs and recommend creative and appropriate actions
- Assist in the creation, implementation, and maintenance of Appian’s job architecture and compensation structures
- Administer annual compensation review and increase cycle, including communications to organization leaders, HRIS administration, Finance approval, etc
- Utilize benchmark data to market price jobs and guide to hiring managers and Talent Acquisition partners
- Administer annual bonus calculation and payout process
- Maintain the PayScale MarketPay system and work to improve data quality and refresh frequency
- Maintain job profiles and compensation ranges within the HRIS system
- Participate in the evaluation and creation of short and long-term incentive programs
- Proactively evaluate pay practices for alignment with internal and external equity and pay trends
- Ensure compliance with all applicable regulatory requirements, legal statutes, and internal control requirements, including FLSA determinations
- May assist with the preparation of quarterly equity grants for Board approval
Skills on Resume:
- Strategic Partnering (Soft Skills)
- Compensation Surveys (Hard Skills)
- Job Architecture (Hard Skills)
- Market Pricing (Hard Skills)
- Bonus Administration (Hard Skills)
- HRIS Management (Hard Skills)
- Equity Compliance (Hard Skills)
- Incentive Programs (Hard Skills)
9. Compensation Analyst, Nexus Systems, Nashville, TN
Job Summary:
- Conduct compensation analyses across different functions and countries to ensure analysis to ensure internal equity, external competitiveness, and alignment with the company’s compensation philosophy.
- Develop new modeling templates for various compensation analyses to deliver repeatable insights at scale.
- Partner with HR and Recruiting to ensure the effective use of compensation data including job codes, position titles, and grades/job levels
- Play a key role in global compensation projects such as annual pay planning and bonus planning.
- Help us structure and scale the systems including maintaining job profiles compensation guidelines and auditing data and processes.
- Evaluates salaried and hourly positions.
- Performs market pricing analysis and job evaluations, which include defining labor markets, researching market salary data, and performing internal job studies.
- Coordinates the administration of the annual performance evaluation and salary administration programs, including cost analysis, budget, HRIS set-up, communication, and training.
- Responsible for quarterly and annual accruals and final incentive payout calculations.
- Writes, reviews, and evaluates job descriptions, and determines FLSA and EEO classifications.
- Maintains JBSS job description library and job code database.
- Designs and administers incentive programs, and regularly participates in compensation surveys.
- Market prices jobs, conducts job evaluations, and analyzes results, domestic and international
- Maintain and recommend enhancements to compensation architecture and pay structures
Skills on Resume:
- Compensation Analysis (Hard Skills)
- Market Pricing (Hard Skills)
- Job Evaluation (Hard Skills)
- Compensation Modeling (Hard Skills)
- Pay Planning (Hard Skills)
- Incentive Program Design (Hard Skills)
- Data Management (Hard Skills)
- Compliance & Classification (Hard Skills)
10. Compensation Analyst, Catalyst Group, Raleigh, NC
Job Summary:
- Provides analytical support and assistance in the execution and administration of base pay and variable pay compensation programs.
- Provides guidance and solutions on compensation-related matters.
- Prepares materials to support salary survey job matching sessions.
- Completes annual survey submissions on behalf of the Company and analyzes results of general and industry compensation surveys.
- Creates new and/or updates existing job descriptions.
- Conducts job evaluations and makes leveling recommendations for existing new or changed jobs.
- Assists with evaluating and recommending the FLSA status of Company jobs.
- Ensures the accuracy of all job data contained within HRMS and other systems by seeking current information following up on outstanding issues and resolving discrepancies.
- Conducts market pricing on a project basis, and assists with managing job documentation and job descriptions.
- Performs ongoing market pricing system administration duties to ensure the accuracy and completeness of jobs employees' salary structures and market data.
- Routinely runs various system reports and creates complex reports.
- Researches and coordinates resolution of system issues with vendors.
- Assists with documenting processes in support of enterprise-wide compensation-related programs.
- Participates in the administration of the annual merit and variable pay plan process.
Skills on Resume:
- Analytical Support (Hard Skills)
- Compensation Program Management (Hard Skills)
- Salary Survey Analysis (Hard Skills)
- Job Description Creation (Hard Skills)
- FLSA Status Evaluation (Hard Skills)
- HRMS Data Accuracy (Hard Skills)
- Market Pricing (Hard Skills)
- System Reporting (Hard Skills)
11. Compensation Analyst, Elevate Partners, Phoenix, AZ
Job Summary:
- Administer and assist with the development and implementation of compensation programs and/or segments of programs in support of Total Rewards objectives
- Analyze, interpret, and review a wide range of relevant compensation data to ensure the company's rewards and recognition programs and policies are competitive
- Analyze positions and participate in market surveys and custom benchmarking studies
- Reviews proposed salary actions seeks input from managers on sensitive issues and recommends
- Assists with developing informational materials and/or forms to assist managers and employees in understanding and participating in compensation processes.
- Performs statistical analysis data modeling data analytics and costing of base and incentive pay programs.
- Prepares charts graphs and dashboards for presentations regarding compensation initiatives.
- May compose employee communications related to base and variable pay programs.
- Participates in preparing Company responses to rate cases by collecting compiling and organizing compensation-related materials and information required by the rate case.
- Lead the compensation competitive analyses
- Build a global compensation philosophy by participating in compensation projects that will design & review salary structure, leveling systems, and other comp-related initiatives
- Assist with department process-improving workflows and procedures
- Collaborate with talent acquisition on new hire offer packages to level and map jobs appropriately
- Support the global People team on special HR projects and assignments
Skills on Resume:
- Compensation Administration (Hard Skills)
- Market Pricing (Hard Skills)
- Job Evaluation (Hard Skills)
- Salary Surveys (Hard Skills)
- HRMS Management (Hard Skills)
- FLSA Compliance (Hard Skills)
- Report Generation (Hard Skills)
- System Management (Hard Skills)
12. Sales Compensation Analyst, Frontier Dynamics, Salt Lake City, UT
Job Summary:
- Ensure the accuracy and timeliness of the distribution of sales compensation plans and Terms and Conditions to the sales organization
- Impacting the accuracy and timeliness of commission calculation and payments
- Execute the monthly/quarterly/annual processes to create/change, publish, and obtain signoffs of the individual comp plan documents
- Maintain the systems, processes, and data for the sales incentive plans, including a master Excel sheet for plan issuance and DocuSign/Xactly plan templates
- Help with moving all comp plans to be distributed out of Xactly, eDocs
- Track and report on the status of plan acceptance to ensure compliance and timeliness
- Ensure the plan issuance process, controls, and documentation is by SOX requirements
- Responsible for quarterly metrics on sales compensation plans
- Improve the current process for scalability
- Contribute to the sales compensation team with user acceptance testing, auditing, plan analysis, and reporting
- Answer queries from the sales teams
- Provide regular training on sales incentives to the sales teams, with ad-hoc training provided
Skills on Resume:
- Sales Compensation Administration (Hard Skills)
- Commission Calculation (Hard Skills)
- Process Management (Hard Skills)
- Data Management (Hard Skills)
- SOX Compliance (Hard Skills)
- Metrics Reporting (Hard Skills)
- User Acceptance Testing (Hard Skills)
- Sales Team Training (Soft Skills)
13. Compensation Analyst, Quantum Consulting, St. Louis, MO
Job Summary:
- Conducts job evaluations for new and revised positions within assigned business units
- Maintain job descriptions by department standards, conducting market surveys and analyzing results
- Determine appropriate pay band and mid-market range for evaluated positions
- Ensure wage and salary rate recommendations are equitable internally and externally
- Establish target incentive eligibility and present findings to management for approval.
- Maintains and controls position description records and market valuation files.
- Conducts and participates in compensation surveys to maintain competitive market data for jobs.
- Recommends and implements compensation adjustments according to survey findings.
- Monitors market trends and evaluates external competitiveness of the company's compensation programs.
- Analyzes changes in salaries or salary grades that deviate from policy or job structure
- Communicates findings and/or recommendations to management.
- Coordinates and reconciles data updates/corrections including file uploads to HRIS systems, payroll, and compensation external systems.
- Provides consultation to Human Resources and/or Department Managers in the administration and interpretation of salary administration policies (new hire offers, promotional offers, compensation disputes, etc.)
- Maintains compliance with federal and state laws for assigned business units
- Provides interpretation of procedures as relate to data procedures and recommends solutions to problems or issues not covered by established practices.
Skills on Resume:
- Job Evaluation (Hard Skills)
- Market Surveys (Hard Skills)
- Pay Band Determination (Hard Skills)
- Compensation Analysis (Hard Skills)
- Incentive Eligibility (Hard Skills)
- Data Management (Hard Skills)
- Compliance (Hard Skills)
- HR Consultation (Soft Skills)
14. Compensation Analyst, Insight Solutions, Cleveland, OH
Job Summary:
- Perform database maintenance and audits to ensure data integrity across various systems (PeopleSoft, SuccessFactors, PayFactors) Analyze for accuracy/completeness
- Identify any issues/discrepancies, and create workflow processes.
- Prepare weekly/monthly reports, audit reports and analyses for accuracy
- Working closely with senior analysts, the Director, and FP&A, during the annual merit cycle
- Compile and assist in preparing materials for review and/or presentation (PowerPoint, dashboards, Cost analysis, Word docs).
- Performs special projects, such as salary structure analysis, geographic analysis, cost analysis, process improvements, etc.
- Assist in the development and implementation of ad hoc projects and reports.
- Own job code processes such as creating new codes, auditing existing and updating
- Coordinate and process one-time bonuses, retention bonuses, and severance
- Monitor and respond to emails in the compensation general mailbox
- Works with HR Business Partners, Talent Acquisition, and managers on compensation-related inquiries and analyses.
- Supports the focal review process including reviewing proposed changes to ensure conform with established guidelines, policies, and practices.
- Maintains and audits the comprehensive job family structure through analyses and job evaluations.
- Participates in compensation surveys to collect and analyze the competitive position.
- Facilitates system transactions and operational business processes that impact compensation.
Skills on Resume:
- Data Integrity (Hard Skills)
- Report Preparation (Hard Skills)
- Job Code Management (Hard Skills)
- Compensation Analysis (Hard Skills)
- Project Support (Hard Skills)
- Bonus Processing (Hard Skills)
- System Transactions (Hard Skills)
- Compensation Surveys (Hard Skills)
15. Compensation Analyst, Vanguard Associates, Indianapolis, IN
Job Summary:
- Manage the compensation systems for accurate commission calculations and reporting
- Help design compensation plans and then implement those plans for processing, including distribution to the Sales team
- Develop and implement compensation policies and procedures along with the publishing of key financial metrics
- Help analyze earnings and payments for forecasting
- Develop and monitor processes to ensure new hires and payment modifications are captured, along with implementing compensation plans for changes during a plan year
- Manage and resolve questions regarding crediting and reporting and provide accurate responses
- Lead engagement with business partners to ensure identification and resolution of operational issues
- Provide regular support and training to the users of the compensation system
- Support the sales incentive design, governance, and administration processes
- Provide ad hoc support for Compensation and compensation-related HR Business Partner activities
- Assist the production of materials for meetings of the Compensation Committee of the New York Life
- Board of Directors, including ensuring sufficient availability of supplies, and managing the checklist of items against meeting agendas
- Assisting in the preparation of reports, analyses, and exhibits for Board and Compensation Committee meeting materials
- Contribute to the year-end compensation planning process and manage executive compensation data in the Company’s HRIS
- Support the compensation design, communication, and implementation processes
Skills on Resume:
- Compensation Management (Hard Skills)
- Plan Implementation (Hard Skills)
- Policy Development (Hard Skills)
- Forecasting (Hard Skills)
- Issue Resolution (Soft Skills)
- User Training (Soft Skills)
- Executive Compensation (Hard Skills)
- Committee Support (Soft Skills)