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Principal Compensation Analyst - Remote Opportunity!
Career Insights for Compensation / Benefits Analyst
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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.
$82,780 / year median in the U.S.
+9% projected growth
Job Description
Responsibilities:
Design, build, maintain, and refine advanced compensation programs while owning the end-to-end analytical workstream for annual compensation review cycles, including merit budget modeling, payout analysis, and post-cycle reporting, to support merit, incentive, equity, and other Total Rewards initiatives for hourly field staff and salaried field leadership Independently lead scenario-based analysis and develop financial models to assess compensation changes, market adjustments, pay equity initiatives, and ad hoc projects while proactively identifying trends, gaps, and recommendations through compensation, workforce, and market data Conduct market analysis and provide recommendations for annual compensation budgets and increase strategies while partnering with Finance to manage and maintain compensation program financial accruals Translate complex quantitative data into clear, concise, and visually compelling narratives through executive-ready presentations, email summaries, and briefing documents that highlight findings, outcomes, and actionable recommendations to inform decision-making at all levels Serve as a compensation subject matter expert on external pay practices, policies, and data integrity while partnering with HRIS and HR Technology to ensure legal compliance, internal equity, external competitiveness, accurate and auditable reporting, and improved data quality and system capabilities. Lead and support Workday compensation administration, including configuration, testing, and maintenance, while driving continuous improvement of compensation tools, templates, and processes through automation and best practices to increase efficiencyQualifications:
Bachelor's degree in HR, economics, business administration, or a related field required 7+ years of progressive experience in compensation, HR analytics, finance, or a closely related analytical role, with demonstrated growth in scope and complexity Expert-level Microsoft Excel proficiency required Strong analytical capabilities and ability to communicate persuasively with business partners to resolve highly complex problems and recommend or produce best solutions for their client Demonstrated confidence in presenting executive summaries to HR and senior management teams Certified Compensation Professional (CCP) preferred Experience with Workday compensation design preferred #LI-Remote Our benefits meet you where you are. We're here to help our employees navigate the integration of work and life:- Know your whole family is supported with discounted child care benefits.
- Breathe easy with medical, dental, and vision benefits for your family (and pets, too!).
- Feel supported in your mental health and personal growth with employee assistance programs.
- Feel great and thrive with access to health and wellness programs, paid time off and discounts for work necessities, such as cell phones.