Compensation Analyst

Trane Technologies; Davidson (NC); On-site; USD 56,000 - 101,000; Full time

Benefits offered by this job

Health insurance

401K match

Tuition assistance

Paid time off

Job summary

Trane Technologies is seeking a Compensation Analyst to provide analytical and technical support for the compensation function across Americas, supporting corporate and business units. The role emphasizes data collection, analysis, and reporting to drive fair pay and equity.

The ideal candidate will leverage strong analytical skills, collaborate with HR and leadership, and contribute to continuous improvement of compensation processes.

Qualifications

• 2+ years of relevant professional experience in HR, compensation, finance, data & analytics.
• Strong analytical and problem-solving skills.
• Effective communication skills and ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Conduct research and analysis of external market data and internal pay equity for job evaluations and equity reviews.
• Support compensation program administration including annual planning and merit reviews.
• Develop and maintain standard work related to Total Rewards functions.
• Provide expertise in base pay management and job analysis to attract and retain top talent.
• Collaborate with HR business partners and leadership to ensure compliance with laws and regulations.
• Identify opportunities for process improvements within the compensation function.
• Build strong relationships with internal customers to understand needs and deliver solutions.
• Coordinate with cross-functional teams to align compensation and role architecture with growth strategies.

Skills

Data analysis

Analytical thinking

Communication skills

Advanced Excel

Education

Bachelor’s degree

Tools

Excel

Job description

Be a part of our mission! As a world leader in creating comfortable, sustainable, and efficient climate solutions for buildings, homes and transportation, it's our responsibility to put the planet first. For us at Trane Technologies, and through our businesses including Trane® and Thermo King, sustainability is not just how we do business—it is our business. Do you dare to look at the world's challenges and see impactful possibilities? Do you want to contribute to making a better future? If the answer is yes, we invite you to consider joining us in boldly challenging what's possible for a sustainable world.

Learn about our benefits designed for you to Thrive at work and at home.

We boldly go.

Where Is The Work

Monday to Thursday, work onsite with your colleagues. Fridays, choose your work location, balancing what your work requires.

Position Overview:

This role provides analytical and technical support for the compensation function, including plan administration, data collection, analysis, and reporting. Supporting our strategic Business Units, including Corporate Functions, within Trane Technologies Americas, the ideal candidate will leverage strong analytical skills, consult and communicate effectively, and be eager to grow and learn within the Compensation team.

Responsibilities

• Conduct research and analysis of external market data and internal pay equity for job evaluations, internal equity reviews, and other compensation-related projects.
• Support Compensation program administration, including annual compensation planning, merit review, and hourly wage structure review.
• Develop and maintain standard work related to the Total Rewards function.
• Provide expertise in base pay management and job analysis to attract and retain top talent.
• Proactively partner with HR business partners and business leadership to ensure company compliance with federal, state, and local laws/regulations.
• Proactively identify opportunities for process improvements and efficiencies within the compensation function.
• Build and maintain strong relationships with internal customers to understand their needs and provide exceptional service.
• Collaborate with cross-functional teams to ensure alignment and integration of compensation and role architecture strategies to support business growth strategies.

Qualifications

• 2+ years of relevant professional experience (Human Resources, Compensation, Financial, Data & Analytics).
• Bachelor’s degree and CCP Preferred.
• Knowledge or ability to learn federal, state, and local laws/regulations and employment practices.
• Strong analytical and problem-solving skills.
• Ability to conduct and interpret complex analyses with large data sets.
• Effective time management skills to balance competing priorities in a fast-paced environment.
• Effective communication skills.
• Advanced excel capabilities

Key Competencies

• Functional/Technical Knowledge:
  • Understand research methods and data analysis techniques.
  • Proficient in Excel for data analysis.
  • Ability to conduct studies and prepare sound recommendations.
  • Analyze and interpret policies, practices, and procedures.
  • Use systems/computer technology for communication, data gathering, and reporting.
  • Strong negotiating and problem-solving skills.
• Operating Skills:
  • Resourceful in utilizing various business and information systems.
  • Effectively prioritize work to meet deadlines.
• Customer Focus:
  • Build rapport with internal customers.
  • Take ownership of business needs or problems and act with urgency to resolve them.
  • Maintain continuous communication and follow up on commitments.
• Peer Relationships:
  • Strong team player, collaborates effectively with all team members.
  • Share information to ensure quality solutions for the business.
  • Work effectively with other departments to expedite solutions.

Annual Base Salary Range Or Hourly Base Pay Range

$56,300.00 - $101,394.99

Compensation Type

Salary

Incentive Eligible

No

Sales Commission Eligible

No

Disclaimer

We strive to provide competitive compensation for this position, tailored to a variety of factors. The actual compensation will depend on elements such as seniority, merit, geographic location, education, experience, travel requirements, and union designation. Our compensation range is generally based on the national average for the country. Additionally, benefits may vary depending on the region, business alignment, union involvement, and employee status.

Thrive At Work And At Home

• Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives – WE DARE TO CARE!
• Family building benefits include fertility coverage and adoption/surrogacy assistance.
• Paid time off includes up to 15 vacation days, paid holidays, sick leave, and additional options to support volunteer and parental leave.
• 401K match up, educational and training opportunities through company programs along with tuition assistance and student debt support.

Disclaimer: Benefit offerings may vary by site as well as Collective Bargaining Agreements and local/state regulations

Safety Sensitive Role

No

The company designates certain roles as Safety Sensitive. Safety Sensitive roles may require that you pass additional drug screening.

We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.