Associate, Compensation

Alvarez & Marsal; Tampa (FL); Hybrid; USD 85,000 - 95,000; Full time

Benefits offered by this job

Healthcare plans

401(k) retirement plan

Paid time off

Discretionary bonus

Job summary

Alvarez & Marsal is seeking a detail-oriented Compensation Associate to join our Global People Organization. You will develop and maintain job architecture, conduct market benchmarking, and support compensation analytics across multiple regions—some starting from scratch, others building on existing frameworks.

You’ll partner with HR leadership to analyze external market data, identify compensation trends, and support annual pay equity reviews.

Qualifications

• Bachelor's degree in HR, Business, Economics, Finance, or related field.
• 2–3 years of experience in compensation with exposure to benchmarking, job evaluation, salary structures, or analytics.
• Knowledge of compensation principles; multi-region/global experience is a plus.
• Advanced Excel skills (pivot tables, VLOOKUP); strong attention to detail with large datasets.
• Ability to translate data into clear written recommendations.
• Hands-on experience with Mercer, Aon, or similar databases is preferred.
• Experience with job architecture, leveling, or banding is preferred.
• Highly organized with ability to manage multiple priorities.

Responsibilities

• Develop and maintain job architecture (levels, grades, bands) for locations.
• Conduct annual market benchmarking using Mercer and Aon databases.
• Assist with verification and submission of compensation data to market-survey vendors.
• Support market analyses between annual cycles on business requests.
• Create reports and dashboards; identify data quality issues and drive standardization.
• Support annual pay equity audits; summarize findings for leadership.
• Manage compensation data with confidentiality and accuracy.

Skills

Excel advanced

Data analysis

Market benchmarking

Job evaluation

Cross-functional collaboration

Communication skills

Attention to detail

Education

Bachelor's degree in HR/Business/Finance

Tools

Mercer

Aon

Job description

Description

About Alvarez & Marsal

Alvarez & Marsal &(A&M) is a global consulting firm with entrepreneurial, action- and results-oriented professionals. We take a hands-on approach to solving our clients' problems and helping them reach their potential. A&M is different by design: we give people ownership and impact from day one, fuel development through real opportunity, and provide direct access to leaders who invest in our growth. Our culture celebrates independent thinkers and doers who positively impact clients and shape our industry. Guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity, our collaborative, globally minded environment is why our people love working at A&M.

How you will contribute

We are seeking a detail-oriented and analytically-minded Compensation Associate to join our Global People Organization. In this role, you will develop and maintain job architecture, conduct market benchmarking, and support compensation analytics across multiple regions - some starting from scratch, others building on existing frameworks.

You'll partner with HR leadership to analyze external market data, identify compensation trends, and support annual pay equity reviews. This is a foundational analytical role with direct impact on how we price roles across a 12,000+ person global organization.

This role requires 2-3 days per week onsite, with flexibility to increase office presence based on business needs.

Key Responsibilities

• Develop and maintain job architecture (levels, grades, compensation bands) for assigned locations, building from existing frameworks or initiating new structures as needed.
• Conduct annual market benchmarking using Mercer and Aon databases for assigned roles; analyze external market data and prepare positioning recommendations.
• Assist with compilation, validation, and submission of compensation data to market survey vendors (e.g., Mercer, Aon) for annual survey cycles, ensuring accuracy and on-time delivery.
• Support targeted market analyses as needed between annual cycles in response to business requests.
• Create reports and dashboards to track compensation data; identify data quality issues and recommend standardization.
• Support annual pay equity audit process - identify and flag potential gaps by gender, race, and tenure; prepare data summaries and findings for leadership review.
• Manage compensation data with confidentiality and accuracy; flag trends and recommend operational improvements.

Qualifications

• Bachelor's degree in HR, Business, Economics, Finance, or related field.
• 2–3 years of experience in compensation, with exposure to compensation benchmarking, job evaluation, salary structures, or compensation analytics.
• Knowledge of compensation principles and practices; familiarity with multi-region or global compensation a plus.
• Advanced Excel skills (pivot tables, VLOOKUP, data analysis); strong attention to detail and ability to work with large datasets.
• Ability to translate data and analysis into clear written recommendations.
• Hands-on experience with compensation benchmarking databases (Mercer, Aon, or similar) is strongly preferred.
• Experience with job architecture, job leveling, or compensation banding strongly preferred.
• Highly organized and able to manage multiple priorities in a dynamic setting.
• Strong communication and analytical skills; effective independent contributor.
• Proficiency with Microsoft Excel, Word, and PowerPoint.

Your journey at A&M

At A&M, professional growth is tied directly to performance, not tenure. Our people take on meaningful, hands-on work supported by a performance development process that rewards contribution and fosters a culture of meritocracy. Stretch roles, evolving business needs, and firm growth create ongoing opportunities for ownership and building new skills, while direct access to senior leaders provides mentorship and real-time coaching along the way. We also prioritize your wellbeing through comprehensive benefits and resources. Together, these elements create an environment where high-performing professionals can continue to grow and advance from day one.

Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type.

Thesalaryrange is $85,000- $95,000annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance.