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Robert Half

Compensation Analyst

Career Insights for Compensation / Benefits Analyst

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Based on Tennessee 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.

$87,221 / year median in Tennessee

+11% projected growth

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Job Description

Description We are looking for a Compensation Analyst to support incentive and commission payment operations for our team in Memphis, Tennessee. This role focuses on ensuring compensation data is accurate, calculations are completed correctly, and payments are prepared in a timely manner for payroll processing. The ideal candidate is analytical, detail-oriented, and comfortable working across multiple systems and business groups to resolve issues and improve compensation processes.
Responsibilities:
  • Manage recurring commission and incentive payment cycles by validating input data, running calculations, reconciling results, and preparing files for payroll submission.
  • Interpret compensation plans and payout rules to determine proper handling of transactions, exceptions, and employee payment outcomes.
  • Maintain critical compensation records such as participant eligibility, plan assignments, rates, targets, thresholds, and reporting relationships.
  • Review information from sales, payroll, ticketing, and related systems to identify incomplete, inconsistent, or inaccurate data that may affect payments.
  • Conduct pre-payment and post-payment audits, reconciliations, and quality checks to confirm results are accurate, approved, and payroll-ready.
  • Investigate discrepancies, unusual results, and employee questions by identifying root causes and determining appropriate corrective action.
  • Process approved payment updates, including adjustments, reversals, and corrections, while preserving supporting documentation for audit purposes.
  • Partner with internal stakeholders to resolve data, system, calculation, and payment issues, and contribute to enhancements, testing, and process improvement efforts.
  • Track recurring issues, control weaknesses, and data-quality concerns, then recommend solutions that strengthen accuracy and operational effectiveness.
  • Organize procedures, approvals, reconciliation materials, and case records to maintain a clear and complete audit trail. Requirements
  • Experience in compensation analysis with strong exposure to commission and incentive pay administration.
  • Knowledge of compensation plans, benchmarking practices, annual compensation processes, and broader compensation and benefits concepts.
  • Ability to analyze large data sets, identify discrepancies, and perform accurate reconciliations in a deadline-driven environment.
  • Proficiency working with HCM platforms and related source systems used for payroll, sales, or compensation data.
  • Strong understanding of commission statements, payment calculations, and compensation-related controls and documentation.
  • Excellent problem-solving skills with the ability to investigate exceptions and communicate resolutions clearly to stakeholders.
  • Strong organizational skills with the ability to manage multiple priorities and maintain high attention to detail.
  • Effective collaboration and communication skills for working with employees, business partners, and cross-functional teams.
Robert Half is the world's first and largest specialized talent solutions firm that connects highly qualified job seekers to opportunities at great companies. We offer contract, temporary and permanent placement solutions for finance and accounting, technology, marketing and creative, legal, and administrative and customer support roles. Robert Half works to put you in the best position to succeed. We provide access to top jobs, competitive compensation and benefits, and free online training. Stay on top of every opportunity - whenever you choose - even on the go. Download the Robert Half app (https://www.roberthalf.com/us/en/mobile-app) and get 1-tap apply, notifications of AI-matched jobs, and much more. All applicants applying for U.S. job openings must be legally authorized to work in the United States. Benefits are available to contract/temporary professionals, including medical, vision, dental, and life and disability insurance. Hired contract/temporary professionals are also eligible to enroll in our company 401(k) plan. Visit roberthalf.gobenefits.net for more information. © 2025 Robert Half. An Equal Opportunity Employer. M/F/Disability/Veterans. By clicking "," you're agreeing to Robert Half's Terms of Use (https://www.roberthalf.com/us/en/terms) and Privacy Notice (https://www.roberthalf.com/us/en/privacy) .

Benefits

  • 401(k) Plans
  • Health Insurance
  • Dental Insurance
  • Vision Insurance