DescriptionThe Senior Total Rewards Analyst supports the design, analysis, and administration of compensation, benefits, and incentive programs. This role provides data-driven insights to inform pay decisions, ensures market competitiveness, and supports enterprise-wide total rewards strategies. The position partners closely with HR Business Partners, Finance, and business leaders to deliver scalable programs and ensure compliance with regulatory requirements.
ResponsibilitiesAnalytics & Insights
- Analyze complex compensation and workforce data to provide actionable insights and recommendations to leadership.
- Develop and maintain dashboards, reports, and models to support compensation planning, pay equity analysis, and workforce trends.
- Conduct ad hoc analyses related to compensation, incentives, and benefits utilization.
Compensation & Incentive Programs
- Support the design, administration, and execution of compensation programs, including base pay, short-term incentives (STI), and long-term incentives (LTI).
- Prepare compensation recommendations for new hires, promotions, transfers, and off-cycle adjustments.
- Participate in annual compensation planning cycles (merit, bonus, equity), including system configuration, testing, and execution.
- Conduct job evaluations and market pricing to ensure internal equity and external competitiveness.
Benefits & Total Rewards Administration
- Assist in administration and analysis of benefits programs, including health & welfare, retirement, and deferred compensation.
- Audit and validate eligibility and participation for various programs (e.g., incentive plans, HSA, executive benefits).
- Partner with Benefits team to evaluate program effectiveness and cost trends.
Market Data & Benchmarking
- Lead or support compensation survey submissions and benchmarking activities using market data sources (e.g., Radford, Mercer, Willis Towers Watson).
- Analyze industry trends and recommend updates to salary structures, pay ranges, and incentive design.
Data Integrity & Systems
- Maintain and audit HRIS and compensation systems (e.g., Workday, SAP, Oracle, or similar).
- Ensure accuracy of employee data, job architecture, pay structures, and reporting tables.
- Identify opportunities for automation and process improvement.
Compliance & Governance
- Ensure compliance with federal, state, and local regulations (e.g., FLSA, pay transparency laws, pay equity requirements).
- Support internal and external audits related to compensation and benefits programs.
- Maintain documentation and governance practices for total rewards processes.
Cross-Functional Partnership
- Collaborate with HR Business Partners on job descriptions, job leveling, and organizational design.
- Provide guidance and education to leaders on compensation philosophy and practices.
- Support broader HR initiatives such as performance management and workforce planning.
QualificationsRequired:
- Bachelor’s degree in Human Resources, Finance, Business, or related field.
- 3–7+ years of experience in compensation, total rewards, HR analytics, or related field.
- Strong analytical and problem-solving skills with the ability to interpret complex data.
- Excellent attention to detail and data accuracy.
- Strong communication skills with the ability to present insights to stakeholders.
- Ability to manage multiple priorities in a fast-paced environment.
Preferred:
- Advanced proficiency in Excel (modeling, pivot tables, large datasets).
- Experience with HRIS systems (e.g., Workday, SAP SuccessFactors, Oracle).
- Familiarity with compensation surveys and market pricing tools.
- Experience with data visualization tools (e.g., Tableau, Power BI).
- Working knowledge of statistics, data modeling, and forecasting.
- Certified Compensation Professional (CCP) or progress toward certification.
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