Senior Compensation Analyst
CoAdvantage
About CoAd:
CoAd helps businesses navigate the complexities of workforce management through a combination of technology, expertise, and human support. Serving more than 17,000 clients nationwide, CoAd delivers payroll, HR, benefits administration, compliance support, workforce technology, and PEO services that help organizations simplify operations, support their employees, and drive growth.
Built on the belief that workforce solutions should be integrated, intuitive, and people-centered, CoAd empowers employers to manage their workforce with greater confidence while adapting to the evolving needs of today’s workplace.
Position Summary
CoAdvantage, an Aquiline Capital Partners portfolio company, is seeking a Sr. Compensation Analyst to build and implement a structured, consistent compensation framework across the organization. As a high-growth, private equity-backed HCM company of approximately 800 employees, CoAdvantage is at a stage where formalizing compensation structures is critical to ensuring fairness, competitiveness, and alignment with business performance.
This role will be responsible for establishing foundational compensation programs, including job leveling, salary bands, and alignment to performance and incentive structures, as well as supporting benefits program administration and integration with the broader total rewards strategy.
The Sr. Compensation Analyst will partner closely with HR and business leaders to ensure compensation and benefits practices support talent attraction, retention, and development, while maintaining internal equity and market competitiveness.
This role will also support efforts to leverage data, analytics, and technology to improve total rewards processes and enable more informed decision-making.
Essential Job Functions
Compensation Framework Development
- Design and implement job leveling architecture across the organization
- Develop and maintain salary bands aligned to market benchmarks
- Establish consistent compensation guidelines and policies
Market Competitiveness & Benchmarking
- Conduct market analysis and benchmarking to ensure competitive positioning
- Partner with leadership to align compensation strategy with business objectives
- Provide insights and recommendations on compensation trends
Performance & Incentive Alignment
- Align compensation structures with performance management processes
- Support development of bonus and incentive programs
- Ensure consistency between compensation, career pathing, and performance outcomes
Governance & Compliance
- Establish governance processes for compensation decisions
- Ensure compliance with applicable regulations and internal policies
- Support audit readiness and documentation of compensation practices
Data, Analytics & Process Optimization
- Leverage data and analytics to inform compensation decisions
- Improve reporting and visibility into compensation structures and trends
- Identify opportunities to streamline and automate compensation processes
Benefits Support & Total Rewards Integration
- Support administration of employee benefits programs, including health, dental, vision, life, disability, and voluntary offerings
- Partner with benefits team to ensure alignment between benefits strategy and overall total rewards philosophy
- Conduct benefits benchmarking to assess market competitiveness and identify gaps or enhancement opportunities
- Support leave-of-absence program administration and ensure consistency with compensation policies
Required Skills & Experience
- 5–8+ years of experience in compensation, total rewards, or HR analytics
- Experience building or enhancing compensation frameworks and structures
- Experience with compensation tools, HRIS systems, and data analytics
- Strong analytical skills with experience in benchmarking and market analysis
- Experience partnering with HR and business leaders
- Experience leveraging AI-powered tools to accelerate work, with sound judgment about when and how to apply them
Preferred Experience
- Experience in PEO, HCM, HR services, or related industries
- Experience in a private equity-backed or high-growth environment
- Exposure to benefits administration platforms and vendor management
- Familiarity with benefits compliance requirements (ACA, ERISA, COBRA, FMLA)
Leadership Competencies
- Strong analytical and problem-solving skills
- Detail-oriented with high standards for accuracy
- Ability to translate data into actionable insights
- Strong collaboration and communication skills
- Process-driven with continuous improvement mindset
EEO
CoAdvantage is committed to providing equal employment opportunities to all employees and applicants without regard to race, color, religion, national origin, ancestry, citizenship status, age, sex (including pregnancy, childbirth, breast feeding and pregnancy-related medical conditions), gender, gender identity or expression, sexual orientation, marital status, uniform service member and veteran status, disability, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances.
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