Compensation Analyst-HYBRID

Signet Jewelers; Irving (TX); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Healthcare benefits on day 1

401(k) matching

Generous paid time off

Employee discounts

Learning & development programs

Additional perks

Job summary

Signet Jewelers is seeking a Compensation Analyst to help shape programs that support a rewarding employee experience while ensuring competitive and equitable pay practices. This hybrid role collaborates with HR and business leaders to provide insights, support pay decisions, and evolve compensation programs to meet business needs.

You will analyze base pay, incentives, equity, and budgeting, translating data into actionable recommendations.

Qualifications

• Experience analyzing compensation data and translating insights into recommendations.
• Knowledge of compensation programs, practices, and market trends.
• Ability to evaluate jobs and support job architecture frameworks.
• Strong analytical, problem-solving, and research skills.
• Effective communication and collaboration with stakeholders.
• Ability to balance detail-oriented work with broader strategic objectives.

Responsibilities

• Analyze, support, and administer compensation programs including base pay, incentives, and equity.
• Develop and maintain pay structures, salary grades, and budgeting frameworks.
• Provide data-driven insights to guidance on compensation decisions with leaders.
• Participate in surveys and benchmark analyses to translate data into actionable recommendations.
• Evaluate positions to support job leveling and ERM alignment.

Skills

Compensation data analysis

Translate insights into actions

Market trends knowledge

Job architecture evaluation

Analytical thinking

Communication & collaboration

Education

Bachelor's degree or equivalent experience

Job description

Signet Jewelers is the world's largest retailer of diamond jewelry, operating more than 2,800 stores worldwide under the iconic brands: Kay Jewelers, Zales, Jared, H.Samuel, Ernest Jones, Peoples, Banter by Piercing Pagoda, Rocksbox, JamesAllen.com and Diamonds Direct. We are a people-first company and this core value is at the heart of everything we do, from empowering our valued team members, to collaborating with our customers, to fostering the communities in which we live and serve. People - and the love their actions inspire - are what drive us. We’re not only proud of the love we inspire outside our walls, we’re especially proud of the diversity, inclusion and equity we’re inspiring inside. There are dynamic career paths awaiting you - rewarding opportunities to impact the lives of others and inspire love. Join us!

As a Compensation Analyst, you will help shape programs that support a rewarding employee experience while ensuring our compensation practices remain competitive, equitable, and aligned with business needs. This role offers the opportunity to blend analytics, market intelligence, and strategic partnership. You will work closely with HR and business leaders to provide compensation insights, support pay decisions, and help ensure our compensation programs continue to evolve with the needs of our business and team members. If you enjoy solving complex problems, using data to tell a story, and influencing decisions through thoughtful recommendations, this could be an exciting next step in your career. This position is HYBRID to our Akon, OH office.

What You'll Be Doing

Compensation Program Administration

• Analyze, support, and administer compensation programs, including:
• Base pay
• Short-term incentive programs
• Long-term incentive programs
• Spot bonus programs
• Commission plans
• Equity and stock-based programs
• Help ensure compensation programs are aligned with organizational goals, talent strategies, and the overall employee experience.

Compensation Planning & Communication

• Develop and maintain pay structures, salary grades, compensation guidelines, and budgeting frameworks.
• Support compensation planning activities and communicate compensation programs and practices clearly to key stakeholders.
• Contribute to the ongoing evaluation and enhancement of compensation programs and processes.

Business Partnership & Advisory Support

• Partner with leaders and HR teams to provide guidance on compensation-related decisions.
• Offer data-driven insights and recommendations that support effective and equitable pay practices.
• Help ensure compensation decisions align with company policies, compensation philosophy, and budget considerations.

Market Analysis & Strategic Insights

• Participate in compensation surveys and benchmark analyses.
• Conduct research on:
• Market competitiveness
• Compensation trends
• Pay equity
• Emerging compensation practices
• Translate data into actionable recommendations that support business and talent objectives.

Job Architecture & Position Evaluation

• Evaluate positions to support consistent job leveling and compensation alignment.
• Develop, maintain, and update job descriptions.
• Support the evolution and integrity of the organization’s job architecture framework.

What You’ll Need

Required Experience

• 4-7 years of related compensation, HR, or analytical experience.

Education

• Bachelor’s degree or equivalent experience preferred.

Skills & Expertise

• Experience analyzing compensation data and translating insights into recommendations.
• Knowledge of compensation programs, practices, and market trends.
• Ability to evaluate jobs and support job architecture frameworks.
• Strong analytical, problem-solving, and research skills.
• Effective communication and collaboration skills with a variety of stakeholders.
• Ability to balance detail-oriented work with broader strategic objectives.

BENEFITS & PERKS

• Comprehensive healthcare, dental, and vision insurance to keep you and your family covered that is active on day 1 of employment
• Generous 401(k) matching after just one year to help secure your financial future
• Ample paid time off, plus seven holidays to recharge and unwind
• Exclusive discounts on premium merchandise just for you
• Dynamic Learning & Development programs to support your growth
• And more!