Compensation Solutions Analyst

Job Description

Job Title: Compensation Solutions Analyst

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Location: Summit, NJ - Remote

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Duration: 03 months

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Pay Range: $(42.00 - 43.09)/hr on W2 all-inclusive without benefits

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Note: Candidate needs to work EST hours

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Job Description:

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• We are seeking a highly analytical and collaborative Compensation Solutions Analyst to join our Global Total Rewards Solutions team.
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• This role will partner with stakeholders across regions and functions to support compensation programs, market competitiveness analyses, job evaluation activities, pay equity initiatives, data analytics, and retention strategies.
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• The successful candidate will bring strong quantitative, problem-solving, and communication skills, with the ability to influence and partner effectively within a complex, global organization.
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• This role offers the opportunity to work on strategic compensation initiatives while helping drive operational excellence and continuous process improvement.
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Key Responsibilities:

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• Conduct market benchmarking and competitive pay analyses using salary surveys and external market data.
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• Analyze external labor market trends and provide insights to support compensation recommendations.
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• Partner with Compensation Leaders and HR stakeholders to ensure market competitiveness and internal equity.
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• Support job evaluation activities, including role leveling, benchmarking, and assessment of organizational design changes.
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• Utilize established job evaluation methodologies and market data to determine appropriate job levels and compensation positioning.
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• Support statutory and non-statutory pay equity analyses and reporting requirements.
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• Partner with Legal, HR, and business stakeholders to ensure compliance with local pay transparency and pay equity regulations.
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• Assist in the preparation of pay equity reports and recommendations based on analytical findings.
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• Experience with pay equity methodologies and related compliance requirements is highly desirable.
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• Support retention analyses and recommendations for critical talent populations.
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• Assist with year-round compensation activities, including promotions, salary adjustments, offers, retention programs, and organizational changes.
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• Develop and maintain compensation dashboards, reports, and analytical tools.
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• Analyze large and complex datasets to identify trends, risks, and opportunities.
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• Generate meaningful insights and recommendations for HR, business leaders, and Total Rewards stakeholders.
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• Ensure data accuracy and integrity across compensation systems and reporting processes.
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• Identify opportunities to streamline processes, improve controls, and enhance the employee and stakeholder experience.
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• Support global compensation projects and annual compensation cycles.
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• Contribute to standardization, automation, and continuous improvement initiatives.
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Qualifications Required:

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• Bachelor's degree in Human Resources, Business, Finance, Economics, Analytics, or a related field.
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• 3-4 years of experience in Compensation, Total Rewards, HR Analytics, Human Resources, or a related analytical field.
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• Strong analytical and quantitative skills with proven experience working with large datasets.
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• Advanced Microsoft Excel skills, including complex formulas, pivot tables, lookups, data modeling, and reporting.
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• Experience working in Workday (WD) or similar HRIS platforms.
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• Excellent communication, presentation, and stakeholder management skills.
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• Strong attention to detail with the ability to manage multiple priorities in a fast-paced environment.
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• Experience working in a matrixed, global organization and collaborating across multiple geographies.
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Preferred:

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• Certified Compensation Professional (CCP) designation and/or Human Resources certification.
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• Experience with statutory pay equity analyses and reporting.
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• Experience using Visier analytics platform.
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• Experience using Syndio or similar pay equity technology platforms.
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• Experience with compensation survey tools and market pricing methodologies.
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• Knowledge of global compensation practices and pay governance.
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