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Compensation Analyst
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Based on Alaska data
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What they do
A Compensation or Benefits Analyst evaluates and works to maintain the pay structure and benefits program at an organization. Analyzes wage and salary data and trends, monitors market conditions; works with benefits vendors, processes benefit claims for employees; monitors government employment regulations. May focus specifically on job classifications and compensation or on benefits programs such as pensions.
$89,629 / year median in Alaska
+8% projected growth
Job Description
Why UKG:
- At UKG, the work you do matters.
- About the Role
- The Compensation Analyst supports the design, administration, and analysis of compensation programs for Engineering, Product, and Enterprise Systems Experience.
- Key Duties & Responsibilities
- Compensation Analysis & Market Intelligence
- Conduct market pricing for new and existing positions using technology compensation surveys (e.g., Radford, Mercer, or equivalent).
- Analyze market competitiveness, internal equity, range penetration, pay compression, and salary positioning.
- Prepare compensation recommendations supported by market data and business analytics.
- Assist in maintaining salary structures, job architecture, geographic differentials, compensation guidelines, and market data libraries. Compensation Programs
- Support annual compensation processes including merit, bonus, equity, promotions, and salary structure updates.
- Perform data validation, quality assurance, testing, and reporting for compensation programs.
- Assist with compensation program administration, documentation, and ongoing process improvements.
- Support implementation of new compensation policies, tools, and processes.
- Job Architecture & Job Evaluation
- Evaluate new and revised jobs using the global career framework and job architecture.
- Recommend job codes, levels, families, and market matches based on established methodologies.
- Maintain job documentation and compensation records to ensure consistency and governance.
- Analytics, Reporting & Projects
- Develop recurring and ad hoc compensation reports, dashboards, and workforce analytics.
- Analyze compensation trends and identify risks related to internal equity, market competitiveness, and pay practices.
- Support enterprise initiatives including organizational changes, acquisitions, restructuring, and compensation integration projects.
- Participate in cross-functional projects to improve compensation processes, reporting, automation, and data quality.
- Compensation Operations & Governance
- Ensure compensation transactions comply with company policies, governance standards, and applicable regulations.
- Audit compensation data and resolve discrepancies within HR systems.
- Support pay transparency, compensation documentation, and audit requests.
- Maintain data integrity across compensation and HRIS systems.
- Business Partnership
- Provide analytical support to Compensation Consultants, HR Business Partners, and Talent Acquisition on compensation decisions.
- Assist with new hire offers, promotions, transfers, retention requests, and market adjustments using established compensation guidelines.
- Respond to routine compensation inquiries and provide data-driven recommendations.
- Build effective partnerships across HR, Finance, Talent Acquisition, and business organizations.
- Basic Qualifications
- 2+ years of experience in compensation, HR analytics, finance, or a related analytical role.
- Experience working with compensation surveys and market pricing methodologies.
- Advanced Microsoft Excel skills, including pivot tables, lookups, and complex formulas.
- Strong analytical, organizational, and problem-solving skills.
- Bachelor's degree in Human Resources, Business, Finance, Economics, Mathematics, Statistics, or a related field and/or equivalent experience.
- Preferred Qualifications
- Experience supporting a global technology or SaaS organization.
- Experience with UKG Pro.
- Familiarity with Radford, Mercer, WTW, or other technology compensation surveys.
- Experience supporting technical organizations such as Engineering, Product, or Information Technology preferred.
- EST/CST time zone location preferred.
- Knowledge, Skills & Competencies
- Strong analytical and quantitative capabilities.
- Ability to interpret compensation data and identify meaningful trends.
- High attention to detail and commitment to data accuracy.
- Strong project management and organizational skills.
- Ability to manage multiple priorities and deadlines.
- Excellent written and verbal communication skills.
- Customer-focused approach with developing consultative skills.
- Ability to maintain confidentiality and exercise sound judgment.
- Continuous improvement mindset with an interest in automation and process optimization.
- Curiosity and initiative to leverage AI, automation, and emerging technologies to improve compensation processes, enhance analytics, and increase operational efficiency.
Company Overview:
- UKG is the Workforce Operating Platform that puts workforce understanding to work.
It is the policy of Ultimate Software to promote and assure equal employment opportunity for all current and prospective Peeps without regard to race, color, religion, sex, age, disability, marital status, familial status, sexual orientation, pregnancy, genetic information, gender identity, gender expression, national origin, ancestry, citizenship status, veteran status, and any other legally protected status entitled to protection under federal, state, or local anti-discrimination laws. This policy governs all matters related to recruitment, advertising, and initial selection of employment. It shall also apply to all other aspects of employment, including, but not limited to, compensation, promotion, demotion, transfer, lay-offs, terminations, leave of absence, and training opportunities.
Benefits
- Dental Insurance