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Compensation Analyst
Career Insights for Compensation / Benefits Analyst
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Scorecard
Based on Colorado 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.
$86,320 / year median in Colorado
+10% projected growth
Job Description
- 3.
OVERVIEW
Merrick is seeking a Compensation Analyst to support compensation analysis and administration. This role is responsible for market pricing, salary structure management, job evaluations, annual compensation planning, reporting, and internal equity analysis. The Compensation Analyst will partner closely with Total Rewards, HR Business Partners, Talent Acquisition, Payroll, and business leaders to help drive consistent, data-informed compensation decisions. In addition, this position supports benefits and retirement administration, including billing and reconciliation, 401(k), and Merrick's Employee Stock Ownership Plan (ESOP). This is an excellent opportunity for a detail-oriented professional with strong analytical skills and foundational compensation or HR experience who is eager to expand their expertise across the broader Total Rewards function.WHAT YOU'LL DO
Compensation- approximately 75% Conduct market pricing, benchmark jobs, participate in compensation surveys, and maintain accurate job-matching and market-pricing data.
- approximately 25% Act as backup support to administration of employee benefit and retirement programs, including eligibility, employee questions, reporting, audits, vendor coordination, and data accuracy.
REQUIRED QUALIFICATIONS
Bachelor's degree in human resources, business, finance, accounting, or a related field, or equivalent relevant experience. One to three years of experience in compensation, finance, HR analytics, or a related field. Strong analytical, Excel, data accuracy, organization, judgment, and problem-solving skills. Ability to communicate clearly and collaborate with HR, Payroll, Finance, leaders, and external vendors. Knowledge of compensation-related regulations, including FLSA and pay transparency requirements. Must be eligible to work in the United States without sponsorship.DESIRED QUALIFICATIONS
Experience with compensation analysis, market pricing, salary surveys, compensation administration, HRIS, or market-pricing tools. Local Candidates strongly preferred.PERKS:
Employee Ownership- All eligible U.S. employees participate in our Employee Stock Ownership Plan (ESOP), sharing in the company's success. Comprehensive Compensation & Benefits
- Merrick & Company offers a competitive compensation and benefits package including health insurance, dental and vision coverage, and paid time off (PTO). Robust Referral Program
- Earn incentives for referring top talent to join our team. Performance Reviews
- Annual reviews to recognize contributions and support career growth. Professional Development
- Access to ongoing training and development opportunities to build your skills and advance your career. Employee Recognition
- Formal programs to celebrate achievements and outstanding performance. Peer Mentor Program
- Get support and guidance through structured mentorship opportunities. And More
- Additional programs and benefits designed to support your success and well-being.