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Sr. Compensation Analyst
Career Insights for Compensation / Benefits Analyst
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Scorecard
Based on California 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.
$88,848 / year median in California
-2% projected decline
Job Description
OVERVIEW
Must be a US Person or Permanent Resident Hybrid, assignment reporting into the office infrequently from either Simi Valley, CA or Arlington, VADuration:
6- to 12-month assignment with a strong possibility of being extended or transitioning to a direct hire. W2 with full benefits Offer contingent on ability to successfully pass a background check and drug screenWorker Type:
ContractorClearance Level:
No ClearanceJOB DESCRIPTION
Senior Compensation Analyst The Senior Compensation Analyst will assist in the design, analysis, and execution of market-competitive, equitable compensation programs. This role will serve as a trusted expert and advisor - guiding data-driven decisions, shaping compensation frameworks, and partnering across the organization to align pay practices with business goals and market realities. The Senior Compensation Analyst will help develop new compensation policies and practices to support retention and employee engagement aligned with AV's overall strategy. Support compensation strategy and program design Develop and maintain robust salary structures, job levelling, and internal pay frameworks. Assist with the design and implement policies for base pay, bonuses, long-term incentives, and promotions that balance equity, compliance, and market competitiveness. Lead the annual compensation planning cycle for assigned business group. Serve as an advisor for compensation-related decisions that impact hiring, retention, and workforce planning. Market intelligence and analysis Conduct in-depth market benchmarking and compensation surveys to ensure market competitiveness. Lead internal pay equity reviews, identifying gaps and recommending actionable solutions. Monitor industry trends and emerging compensation practices. Provide insights and recommendations based on labor market data and business needs. Ensure compliance and drive governance Ensure all compensation programs align with legal requirements (FLSA, pay equity laws, transparency regulations, etc.). Maintain clear, well-documented compensation policies and governance frameworks. Support internal audits, regulatory reporting, and compensation reviews. Lead on pay equity and transparency. Partner and influence across the business Lead job levelling processes for assigned business group. Collaborate with HR Business Partners, Talent Acquisition, and Leadership to guide compensation decisions. Translate complex data into compelling stories and actionable recommendations. Other duties as assigned.REQUIRED SKILLS
Bachelor's degree required in HR, Business, Finance or a related field or equivalent combination of education, training, and experience. Advanced degree, MBA or MS is preferred. CCP Certification is a plus. Minimum of 5 years of hands-on compensation experience required.DESIRED SKILLS
Advanced data and predictive analytics skills, with experience using Excel, Power BI and Workday including Advanced Comp. Proven ability to influence cross-functional stakeholders and support strategic decision-making. High level of integrity, sound judgment, and discretion when dealing with sensitive compensation matters. Excellent written and verbal communication skills-with the ability to present complex information clearly and concisely. Strong knowledge of Microsoft Office Suite (Word, PowerPoint, Excel). Works well with little supervision and exercises independent judgement on a regular basis. Ability to gain cooperation of others, conducting presentations of technical information concerning specific projects or schedules. Strong grasp of compensation laws, internal equity principles, and market pricing.PHYSICAL DEMANDS
Ability to sit, stand, stoop, reach, lift (up to 10 lbs.), bend, etc. Hand and wrist dexterity to utilize the computer. May require travel to sites/program and special functions. Environmental conditions critical to performance Work is in an office environment, climate controlled through central air conditioning/heating. May have some exposure to outside environment while traveling. U.S. Citizen, U.S. Permanent Resident (Green Card holder) or asylee/refugee status as defined by 8 U.S.C. 1324b(a)(3) required. Must be able to travel within the Continental U.S. and internationally when required.Benefits
- Dental Insurance