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Senior Compensation Analyst
Career Insights for Compensation / Benefits Analyst
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Scorecard
Based on Massachusetts 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.
$89,882 / year median in Massachusetts
+36% projected growth
Job Description
- 3.6 Somerville, MA Job Details Full-time $111,880
- $160,807 a year 3 hours ago Benefits Stock options Paid parental leave Health insurance Dental insurance Vision insurance Qualifications Data analysis reporting Enterprise software HR analytics HR systems (technically supported) Metrics Reporting Project management Bachelor's degree Data analytics technologies Full Job Description Are you ready to build America's energy future?
- right as we significantly scale up battery manufacturing
- might be the most exciting moment in the company's history to join. We are assembling a team of highly talented and driven individuals across the country. Driven by our core values of humanity, excellence, and creativity, our team is determined to deliver on our mission and transform the energy landscape for the better. Feeling energized to make a meaningful impact on the world? Then keep reading
- you've come to the right place.
Market Pricing & Benchmarking :
Lead participation in industry salary surveys, analyze competitive market data, and evaluate pay trends to maintain competitive compensation structures and regional pay differentials.Job Architecture & Leveling:
Evaluate new and existing roles to establish accurate job levels, titles, and FLSA exemption statuses, ensuring consistent job descriptions and structural alignment and talent management. Program Administration & Consultation Facilitate the annual pay review process by building budgets, auditing data, and setting up tools. Partnering directly with HR and managers to advise on pay strategies.Regulatory Compliance, EEO & Pay Equity:
Ensure compensation practices comply with federal, state, and local labor laws, including Federal and State EEO regulations, while performing ongoing internal pay equity reviews.Incentive Plan Administration:
Help design, model, and audit short- and long-term incentive plans, partner with finance and payroll to validate cycle payouts, and manage plan rollouts.
Data Analytics & Reporting:
Build dynamic compensation models, dashboards, and ad-hoc reports to drive informed decision-making and help leadership visualize compensation metrics and talent costs. What you'll bring:Education :
Bachelor's degree in HR Management, Finance, Accounting, Business, Economics, Math, Statistics, or a related field.Experience:
5+ years in Compensation, Total Rewards, or HR Analytics, with proven experience building enterprise Job Architecture frameworks.Rewards Strategy :
Comprehensive understanding of Total Rewards, compensation philosophy, and competitive incentive design.Market Pricing :
Hands-on experience with standard market-pricing tools.HRIS & Systems :
Skilled in pulling data and running reports in major HRIS platforms and compensation software.Analytics & Competencies :
Use of HR metrics to guide rewards strategy alongside strong consulting, project management, and communication skills. Preferred Certifications Certified Compensation Professional (CCP). SHRM-CP or PHR. #LI-Hybrid Humanity is a cornerstone of Form Energy's culture, and we make sure our compensation and benefits reflect that. Form Energy offers competitive salaries, stock options, and a holistic benefits package to ensure all employees have what they need to thrive while working here. When it comes to you and your family's health, we cover 100% of medical, dental, and vision premiums for full-time employees- and 80% of healthcare premiums for dependents.
Compensation Range:
$111,880- $160,807