Compensation Analyst

Job Description

Job Description

We are looking for a Compensation Analyst to support compensation operations and provide accurate analysis for incentive and commission programs in Winston Salem, North Carolina. This position plays an important role in reviewing payment data, maintaining compensation documentation, and delivering insights that help the business make informed decisions. The ideal candidate is detail-oriented, analytical, and comfortable working across teams to keep compensation processes organized, compliant, and efficient.

Responsibilities:
• Administer recurring commission and incentive payments by reviewing calculations and ensuring timely processing.
• Examine data from internal sources to confirm payment accuracy and address inconsistencies before payroll submission.
• Investigate compensation-related issues, determine root causes, and record resolutions in a clear and organized manner.
• Collaborate with Payroll, Finance, Human Resources, and business stakeholders to support dependable compensation administration.
• Organize and maintain compensation plans, agreements, version histories, and supporting records to ensure documentation remains current.
• Monitor plan revisions, effective dates, and acknowledgment requirements so updates are tracked accurately.
• Evaluate payout patterns and compensation program results to identify trends and potential financial impact.
• Prepare reporting and analytical models to support proposed updates to compensation structures and incentive designs.
• Recommend improvements that strengthen documentation standards, streamline workflows, and increase process consistency.• Bachelor’s degree in Human Resources, Finance, Accounting, Business, or a related discipline is preferred.
• At least 2 years of experience in compensation, commissions, payroll, finance, or a related analytical function.
• Demonstrated ability to work with compensation analysis, administration, benchmarking, or benefits-related processes.
• Advanced proficiency in Excel with strong analytical and problem-solving capabilities.
• High level of accuracy and attention to detail when managing sensitive pay-related information.
• Ability to prioritize multiple deadlines and maintain organized records in a fast-paced environment.
• Strong written and verbal communication skills with the ability to collaborate effectively across functions.