Compensation Analyst

Iris Energy; Fort Worth (TX); Hybrid; USD 70,000 - 95,000; Full time

Benefits offered by this job

Health insurance

401(k) with company match

Paid time off

Job summary

IREN is seeking a Compensation Analyst to design, analyze, and administer compensation programs across multi-state operations. You will manage market pricing, survey administration, reporting, and analytical support for the annual compensation cycle, collaborating with Senior Compensation Specialist and People & Culture Managers to ensure accurate data and equitable pay decisions.

You will partner with cross-functional teams to maintain job architectures, salary ranges, and data integrity; drive

Qualifications

• Bachelor's degree in HR, Business Admin, Finance, or related field or equivalent experience.
• CCP or similar certification preferred.
• 2+ years in compensation, HR analytics, finance, or total rewards.

Responsibilities

• Maintain compensation data, salary ranges, job profiles, and hourly rate files.
• Support internal equity reviews and pay consistency analyses.
• Assist with updates to pay ranges, job architecture, and leveling documentation.
• Maintain accurate records and documentation for compensation processes.
• Conduct market pricing and benchmarking for new and existing roles.
• Prepare benchmarking summaries and recommendations for review by the Senior Compensation Specialist.
• Partner with People & Culture Managers to support pay range recommendations for open roles.
• Support the annual compensation review cycle, including merit, promotion, and market adjustment analysis.
• Prepare pay change files, validation reports, and cycle tracking materials.
• Provide analytics and reporting to support compensation decision-making.
• Monitor budget impact and guideline adherence during the compensation cycle.
• Support pay equity analyses and remediation tracking.
• Maintain audit-ready documentation and comply with federal/state/local regulations.
• Build and maintain compensation dashboards and reports for insights.

Skills

Advanced Excel

Data analysis

Analytical thinking

Communication skills

HRIS proficiency

Compensation surveys

Education

Bachelor's degree in HR / Business / Finance or related field

CCP or similar certification preferred

Tools

HRIS Systems

Compensation survey platforms

Job description

Job Type: Full-time | Location: Fort Worth | Department: People & Culture | Reporting to: Senior Compensation Specialist | Work Location Type: #Hybrid

IREN is a leading AI Cloud Service Provider, delivering large-scale GPU clusters for AI training and inference. IREN’s vertically integrated platform is underpinned by its expansive portfolio of grid-connected land and data centers in renewable-rich regions across the U.S. and Canada.

Job Type: Full-time | Location: Fort Worth | Department: People & Culture | Reporting to: Senior Compensation Specialist | Work Location Type: #Hybrid

IREN is a leading AI Cloud Service Provider, delivering large-scale GPU clusters for AI training and inference. IREN’s vertically integrated platform is underpinned by its expansive portfolio of grid-connected land and data centers in renewable-rich regions across the U.S. and Canada.

With 100% renewable energy, we build, own and operate our data centers and take pride in being at the forefront of sustainable solutions for the ever-evolving applications of high-performance compute. We believe that human progress is invaluable, but it should be done in the right way – responsibly, sustainably and having a positive impact on the communities we operate in.

The Compensation Analyst supports the design, analysis, and administration of the company's compensation programs to help ensure competitive, internally equitable, and well-documented pay practices. This role is responsible for market pricing, survey administration, compensation reporting, and analytical support for the annual compensation cycle. The Compensation Analyst partners with the Senior Compensation Specialist and People & Culture Managers to maintain accurate data, support pay decisions, and improve compensation processes.

Job requirements:

• Bachelor's degree in Human Resources, Business Administration, Finance, or related field, or equivalent experience.
• CCP or similar certification preferred.
• 2+ years of experience in compensation, HR analytics, finance, or total rewards.
• Strong understanding of compensation structures, market pricing, and pay equity concepts.
• Experience supporting annual compensation review cycles is preferred.
• Experience in a multi-state or global organization is a plus.
• Familiarity with job architecture, leveling frameworks, and salary survey tools.
• Proficiency in compensation survey platforms and HRIS systems.
• Advanced Excel and data analysis skills required.
• Strong analytical, organizational, and problem-solving skills.Ability to handle sensitive and confidential information with discretion.
• Excellent communication skills with the ability to explain data clearly to managers and leaders.

Job responsibilities:

Compensation Data & Structure Support

• Maintain compensation data, salary ranges, job profiles, and hourly rate files.
• Support internal equity reviews and pay consistency analyses.
• Assist with updates to pay ranges, job architecture, and leveling documentation as directed.
• Maintain accurate records and documentation for compensation processes.

Market Analysis & Benchmarking

• Conduct market pricing and benchmarking for new and existing roles using approved surveys and market data sources.
• Prepare benchmarking summaries and recommendations for review by the Senior Compensation Specialist.
• Partner with People & Culture Managers to support pay range recommendations for open roles.

Annual Compensation Cycle Support

• Support the annual compensation review cycle, including merit, promotion, and market adjustment analysis.
• Prepare pay change files, validation reports, and cycle tracking materials.
• Provide analytics and reporting to support compensation decision-making.
• Monitor budget impact and guideline adherence during the compensation cycle.

Pay Equity & Compliance

• Support pay equity analyses to identify potential disparities and assist with remediation tracking.
• Help maintain compliance with applicable federal, state, and local compensation regulations in countries where the organization does business.
• Maintain audit-ready documentation and records.

Reporting & Analytics

• Build and maintain compensation dashboards and reports to provide insights into pay distribution, trends, and cost impact.
• Analyze compensation data to identify anomalies, risks, and improvement opportunities.
• Prepare materials and presentations for leadership and People & Culture partners.

Program Administration & Process Improvement

• Administer salary surveys and maintain compensation databases.
• Review compensation-related transactions in partnership with People & Culture Managers.
• Support ongoing budget reviews for incentive and variable pay programs as needed.
• Continuously improve compensation processes, tools, templates, and documentation.

At IREN, we offer a highly competitive compensation package that includes base salary, annual performance incentives, and opportunities to build long-term wealth through equity programs. These offerings are part of our broader Total Rewards package, thoughtfully designed to support your health, well-being, and long-term success.

Compensation

• Actual compensation will bedeterminedbased on factors such as experience, qualifications, and market data for the region.
• Total Compensation packagemay beinclusive of short-term and long-term incentives.
• Relocation (as applicable and based on successful candidate circumstances)
• Medical, dental, and vision insurance coverage – 100% company paid for employees, 75% company paid coverage for dependents
• Company-paid life and disability insurance
• Voluntary life, critical illness, and accident coverage available
• Health Savings Accounts (HSA) – when combined with theHigh-DeductibleHealth Plan
• Employee Assistance Program and wellness resources
• 401(k) retirement plan with company match
• Financial wellness tools and resources

Time Off & Flexibility

• Paid Time Off (PTO) and paid holidays

Growth & Development

• Opportunities for advancement and internal mobility
• Training and personal development opportunities

Lifestyle & Culture

• Company events and team-building activities

At IREN, we offer a highly competitive compensation package that includes base salary, annual performance incentives, and opportunities to build long-term wealth through equity programs. These offerings are part of our broader Total Rewards package, thoughtfully designed to support your health, well-being, and long-term success.

Compensation

• Actual compensation will bedeterminedbased on factors such as experience, qualifications, and market data for the region.
• Total Compensation packagemay beinclusive of short-term and long-term incentives.
• Relocation (as applicable and based on successful candidate circumstances)

Health & Wellness

• Medical, dental, and vision insurance coverage – 100% company paid for employees, 75% company paid coverage for dependents
• Company-paid life and disability insurance
• Voluntary life, critical illness, and accident coverage available
• Health Savings Accounts (HSA) – when combined with theHigh-DeductibleHealth Plan
• Employee Assistance Program and wellness resources

Financial Well-Being

• 401(k) retirement plan with company match
• Financial wellness tools and resources

Time Off & Flexibility

• Paid Time Off (PTO) and paid holidays
• Flexible work arrangements

Growth & Development

• Opportunities for advancement and internal mobility
• Training and personal development opportunities

Lifestyle & Culture

• Company events and team-building activities

We value diverse perspectives and believe that skills can be developed. If you’re passionate about this role, we want to hear from you — whether you meet every criteria or not. Your unique experiences might be exactly what we need!

IE US Operations Inc., the employing entity and proud member of the IREN group is an equal opportunity employer that is committed to creating an inclusive workplace.

We are committed to evaluating qualified applicants and do not discriminate against protected characteristics under applicable legislation. By applying for this position and submitting your resume and application materials, you consent to the processing of your personal information in accordance with our Job Applicant Privacy Statement available on our website at www.iren.com .