Sr. Compensation Analyst

Senior Compensation Analyst

Location: Watertown, MA - Hybrid, 3 days onsite
Schedule: Monday-Friday, 8:30 AM-5:00 PM
Compensation: $115,000-$120,000

A well-established organization in the Greater Boston area is seeking a Senior Compensation Analyst to join its Human Resources team. This individual will play a key role in the administration, analysis, and ongoing development of compensation programs while partnering closely with HR, Finance, Payroll, and business leaders.

The ideal candidate has strong hands-on compensation experience and is comfortable serving as a go-to resource for market pricing, salary administration, job evaluations, annual compensation planning, and compensation analytics.

Responsibilities include:

• Support and help lead the annual compensation planning cycle, including merit increases, promotions, market adjustments, bonuses, and incentive programs


• Conduct market pricing and compensation benchmarking


• Maintain salary structures, pay ranges, job levels, and compensation guidelines


• Prepare compensation recommendations for new hires, promotions, transfers, and other employee changes


• Conduct job evaluations and support job leveling and classification


• Perform pay equity and internal equity analyses


• Develop compensation models, reporting, and cost-impact analyses


• Maintain accurate compensation and employee data within HR systems


• Partner with HR, Payroll, and Finance on compensation-related reporting and data needs


• Participate in compensation surveys and analyze market data


• Support compensation compliance, documentation, audits, and process improvements


• Provide compensation guidance and recommendations to HR and business leaders

Qualifications:

• 5-7 years of progressive compensation experience


• Strong experience with market pricing, salary administration, job evaluation, and compensation analysis


• Experience supporting annual merit and compensation planning cycles


• Strong knowledge of pay equity, FLSA, wage and hour, and compensation-related regulations


• Advanced Excel skills, including pivot tables, lookups, modeling, and data analysis


• Experience working with HRIS and compensation systems; UKG experience is strongly preferred


• Strong analytical, communication, and organizational skills


• Ability to manage multiple priorities while working with highly confidential information


• Bachelor's degree in Human Resources, Business, Finance, Economics, Accounting, or a related field preferred


• CCP certification is a plus