Compensation Analyst
$59.5k - $80.33kRocket Software
It's fun to work in a company where people truly BELIEVE in what they're doing!
Job Description Summary:
The Associate Compensation Analyst (P2) is an intermediate professional contributor responsible for supporting complex projects and assignments within the compensation function. The position requires knowledge of compensation practices, strong analytical capabilities, and the ability to influence stakeholders across the business to achieve operational results.
Key Responsibilities
Administer compensation programs and policies, including base pay, incentive, and equity, with a focus on operational excellence and continuous improvement.
Conduct market pricing and benchmarking analyses using internal and external data sources; provide recommendations to ensure competitiveness and equity.
Support the preparation and execution of the annual compensation planning cycle (merit, bonus, equity).
Develop and present compensation reports, dashboards, and insights to support People Business Partners, Talent Acquisition, and business leaders in making informed decisions.
Provide compensation guidance to business partners on job offers, promotions, internal movements, and pay program design.
Maintain and refine job architecture frameworks, ensuring alignment of job levels, titling, and market benchmarks across functions and geographies.
Participate in and help interpret compensation surveys; identify trends and recommend process or policy enhancements to strengthen compensation practices.
Collaborate with internal and external contacts to resolve complex compensation issues that may require explanation, interpretation, or negotiation.
Experience and Qualifications:
Bachelor’s degree in Business, Human Resources, Finance, or a related field.
Minimum of 2-4 years of relevant compensation or HR experience , with demonstrated progression in responsibility and scope.
Experience in market pricing methodologies, compensation tools, and HRIS systems (Workday experience preferred).
Proven ability to support complex projects and assignments.
Strong Analytical skills with the ability to interpret data, identify trends, and provide actionable insights.
Effective communication and influencing skills, including the ability to explain compensation concepts to different teams.
Strong attention to detail, accuracy, and confidentiality in handling sensitive data.
Travel Requirements:
<5% Minimal, infrequent travel
Information Security:
Information security is everyone’s responsibility. A fundamental principle of information security at Rocket Software is that all individuals in the organization have a responsibility for the security and protection of company information and IT Resources over which they have control, according to their role.
Diversity, Inclusion & Equity:
At Rocket we are committed to an inclusive workplace environment, where every Rocketeer can thrive by bringing their full selves to work. Being a Rocketeer means you are part of our movement to continually drive inclusivity, diversity and equity in our workforce.
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Annual salary range for this position is between $59,500.00 - $80,325.00 gross before taxes.
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What Rocket Software can offer you in USA:
Unlimited Vacation Time as well as paid holidays and sick time
Health and Wellness coverage options for Rocketeers and dependents
Life and disability coverage
Fidelity 401(k) and Roth Retirement Savings with matching contributions
Monthly student debt benefit program
Tuition Reimbursement and Certificate Reimbursement Program opportunities
Leadership and skills training opportunities
EOE M/F/Vet/Disability. Rocket Software Inc. is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Rocket Software Inc. is also committed to compliance with all fair employment practices regarding citizenship and immigration status.
Rocket is committed to working with and providing reasonable accommodation to individuals with physical and mental disabilities. If you need special assistance or an accommodation while seeking employment, please call: View phone number on click.appcast.io or send an email to View email address on click.appcast.io. We will make a determination on your request for reasonable accommodation on a case-by-case basis.
As part of our commitment to a safe and trustworthy workplace, we include background and reference checks in our hiring process.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
Companies around the world trust Rocket to solve their most complex business challenges by powering their critical infrastructure, business processes, and data. We help extend the value of these assets, enabling our customers to embrace the potential of cloud and mobile computing, advanced analytics, and the innovations of tomorrow. From the clothes we wear to the cars we drive, Rocket solutions power the back-end systems that thousands of brands rely on every day.
At Rocket, software is about more than just code—it’s about people. We are passionate problem-solvers, working to make a difference for others. Our foundation is built on empathy, humanity, trust, and love, and we strive to embody these core values in everything we do. Whether we’re serving our customers, partners, or fellow Rocketeers, we are committed to treating everyone with the respect and care they deserve.
Founded in 1990, Rocket Software is headquartered in Waltham, Massachusetts, and has 20 offices worldwide, bringing people and technology together to build a better future.
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