Associate Compensation Analyst

Franklin Templeton; Baltimore (MD); Hybrid; USD 70,000 - 85,000; Full time

Benefits offered by this job

PTO three weeks

Comprehensive health coverage

401(k) with 85% company match

Employee stock investment plan

LEAP education assistance

Job summary

Franklin Templeton in Baltimore, MD or St. Petersburg, FL is seeking an Associate Compensation Analyst to join our HR Compensation team.

In this entry‑level role, you’ll analyze market data, maintain compensation records, prepare reports, and assist with annual compensation processes. This position offers a hybrid work model and opportunities to learn the fundamentals of compensation while collaborating with HR and business leaders to drive pay equity and program effectiveness.

Qualifications

• Bachelor's degree in HR, Finance, Business, Economics, or a related field.
• 2 years of experience in compensation, HR, finance, analytics, or a related field.
• Advanced Excel skills with data analysis and modeling experience.
• Experience with HRIS systems and data visualization tools is a plus.

Responsibilities

• Analyze compensation survey data and assist with market pricing and benchmarking.
• Maintain and audit compensation data to ensure accuracy across HR systems.
• Prepare reports, dashboards, and analyses to support compensation decisions and pay equity reviews.
• Support annual merit, bonus, and promotion cycles through data preparation and reporting.
• Assist with administration of salary structures and other compensation programs.
• Partner with HR and business leaders to provide compensation support and inquiries.
• Develop presentations and communications for compensation initiatives.

Skills

Advanced Excel

Data analysis

Attention to detail

Stakeholder communication

HRIS (Workday, SAP, Oracle)

Power BI / Tableau

Education

Bachelor's degree in HR / Finance / Business / Economics

Tools

Workday

SAP

Oracle

Power BI

Tableau

Job description

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting edge strategies and deep insights to unlock opportunities for long term wealth creation. Our talented, global teams bring expertise that is both broad and unique.

From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients’ success.

About The Role

We’re seeking a detail-oriented and analytical Associate Compensation Analyst to join our HR Compensation team. In this entry-level role, you’ll support compensation programs by analyzing market data, maintaining compensation records, preparing reports, and assisting with annual compensation processes. This is an excellent opportunity for someone who enjoys working with data, solving problems, and building a career in Compensation.

Ideal Candidate

You are curious, detail-oriented, and enjoy working with data to solve business problems. You’re eager to learn the fundamentals of compensation and thrive in a collaborative environment where accuracy, analytical thinking, and continuous learning are valued.

What You’ll Do

• Analyze compensation survey data and assist with market pricing and benchmarking.
• Maintain and audit compensation data to ensure accuracy and integrity across HR systems.
• Prepare reports, dashboards, and analyses to support compensation decisions, pay equity reviews, and program effectiveness.
• Support annual merit, bonus, and promotion cycles through data preparation, validation, and reporting.
• Assist with administration of salary structures, job architecture, and other compensation programs.
• Partner with HR and business leaders to provide compensation support and respond to compensation-related inquiries.
• Develop presentations, documentation, and communication materials for compensation initiatives.

What You’ll Bring

• Bachelor’s degree in Human Resources, Finance, Business, Economics, or a related field.
• 2 years of experience in compensation, HR, finance, analytics, or a related field (internship experience welcomed).
• Strong analytical skills with exceptional attention to detail and data accuracy.
• Advanced Excel skills, including formulas, pivot tables, and data analysis.
• Ability to manage multiple priorities and communicate effectively with a variety of stakeholders.
• Experience with HRIS systems (Workday, SAP, Oracle) and data visualization tools (Power BI or Tableau) is a plus.

This role can based in Baltimore, MD or St Petersburg, FL and operates under a hybrid working model, blending in-office collaboration with remote work flexibility.

Compensation Range: Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary — designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the annual salary for this position to range between $70,000 - $85,000, depending on location and level of relevant experience, plus discretionary bonus.

#ASSOCIATE

At Franklin Templeton, we believe your benefits should support your life, your goals, and your future. That’s why we offer a comprehensive Total Rewards package designed to help you thrive both personally and professionally.

Highlights Of Our Benefits Include

• Paid Time Off: Three weeks of PTO in your first year
• Health Coverage: Competitive medical, dental, and vision insurance to support your well‑being
• Retirement Savings: 401(k) plan with an 85% company match on pre‑tax and/or Roth contributions, up to IRS limits
• Equity & Investing: Employee Stock Investment Plan (ESIP) with discounted share purchase opportunities
• Learning Education Assistance Program (LEAP): To support your ongoing growth and career advancement
• Employee Investment Benefits: Opportunity to purchase company funds with no sales charge

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.