Compensation Analyst

Ryan Companies Inc.; Minneapolis (MN); Hybrid; USD 77,000 - 96,000; Full time

Benefits offered by this job

Medical, Dental and Vision Benefits

Retirement and Savings Benefits

Flexible Spending and Health Savings

Life Insurance

Disability coverage

Educational Assistance

Paid Time Off

Employee Wellness Programs

Job summary

Ryan Companies Inc. is seeking a Compensation Analyst in Minneapolis to lead compensation analysis, market pricing, and recognition program initiatives. You will partner with HR leaders to drive competitive pay practices aligned with business strategy and company values.

The role requires 2–4 years in HR with a focus on compensation, plus experience with Workday and market pricing tools. This position is hybrid in Minneapolis with a competitive benefits package.

Qualifications

• Bachelor’s degree in Human Resources or related field preferred.
• 2-4 years HR experience with at least 2 years in Compensation.
• Associate degree with 6+ years in compensation acceptable.
• Equivalent military experience considered for required years.

Responsibilities

• Consult with HR partners on compensation topics.
• Evaluate job descriptions for salary structures and exemptions.
• Participate in annual salary surveys and market data upkeep.
• Maintain market data in Payfactors and model merit increases.
• Manage compensation data in Workday with partners.
• Support the company’s recognition program and vendor management.
• Develop and update employee communications on compensation.
• Define policies to comply with regulations; drive process improvements.
• Stay current on industry trends and best practices.
• Assist on payroll, benefits, and leaves projects as needed.

Skills

Compensation concepts

Job analysis

Market pricing

Analytical mindset

Excel proficiency

Relationship building

Communication skills

Discretion/privacy

Multitasking

Education

Bachelor's degree in Human Resources or related field

Associate degree with 6+ years in compensation

Tools

Workday

Payfactors

Job description

Compensation Analyst### Compensation AnalystApply: Hybrid: Minneapolis: Full time: Posted Yesterday: R-102284**Job Description:**Ryan Companies is hiring for a Compensation Analyst in our Minneapolis office. This role is responsible for the analysis, development and implementation of our Compensation and Recognition systems and programs. Reporting to the VP of Total Rewards, this role will partner and consult with HR and leaders, focusing on market competitive pay practices aligned with our company values and business strategy. This will also be responsible for our Recognition program and may be involved in select payroll and benefits projects. **Some things you can expect to do:*** Consult with HR business partners and leaders on compensation topics.* Evaluate and review job descriptions to determine appropriate salary structures and exemption status.* Participate in annual salary surveys building competitive salary structures. Assist in maintaining current market data in Payfactors.* Assist in modeling annual merit increases, range penetration and internal equity.* Manage and review compensation data in Workday and partner with HR business partners and leaders to make compensation decisions* Support the development and maintenance of the company’s very popular recognition program. Manage vendors, ensuring a smooth experience aligned with company strategies.* Develop and update employee communications, ensuring they are clear, engaging, and consistent.* Help define and document policies and procedures that comply with external legislation and regulations.* Proactively identify opportunities to improve processes, enhance the employee experience, and increase efficiency across all total rewards programs.* Stay current on industry trends, regulatory updates, and emerging best practices to help keep Ryan’s programs competitive and compliant.* Involvement with select projects in Payroll, Benefits and Leaves. **To be successful in this role you will need to have:*** Bachelor’s degree in Human Resources or related field is preferred,* Minimum of 2-4 years progressive experience in Human Resources with at least 2 years focused in Compensation.* Or an Associate degree in Human Resources paired with 6+ years of experience focused in the Compensation area.* Equivalent military experience will be considered toward the required years of experience.**You will really stand out if you have** :* Strong understanding of compensation methods, and practices, including job analysis and market pricing.* Analytical mindset, with exceptional attention to detail and accuracy and proficiency in Microsoft Excel.* Experience working with HR systems and market pricing platforms (Workday and Payfactors preferred).* Identify opportunities to improve processes, employee experience, and operational efficiency across leave and wellness programs.* Flexible, adaptable, collaborative, and solution-oriented with a continuous improvement mindset.* Foundation in FLSA classifications and regulations.* Excellent communication and customer service skills, with the ability to explain complex topics with clarity and empathy.* Ability to build strong relationships and engage effectively with team members at all levels of the organization.* Proven ability to handle confidential information with discretion and sound judgment.* Able to work independently with general supervision. Ability to multi-task and strong organization skills with exceptional attention to detail and accuracy. **Compensation:**The annual salary range is $77,000 - 96,000. The base rate may vary within the anticipated range based on factors such as the ultimate location of the position and the selected candidate's knowledge, skills and abilities.**Eligibility:**Position requires verification of employment to work in the U.S. **Benefits:*** Competitive Salary* Medical, Dental and Vision Benefits* Retirement and Savings Benefits* Flexible Spending and Health Savings Accounts* Life Insurance* Short-Term and Long-Term Disability* Educational Assistance* Paid Time Off (PTO)* Employee Assistance and Wellness Programs* Family Planning & Parenting Benefits* Employee Discount Programs* Pet insurance* Charitable Donation Matching* Volunteer Time Off (VTO)* Employee Resource Groups (ERGs)*Disclaimer: Eligibility may vary based on factors such as role, hours worked, employment status, length of service, location, and other considerations. Detailed information will be shared with eligible candidates during the hiring process, and the official terms and conditions will be outlined in each individual offer document.*Ryan Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. **Notice to Candidates:***Please be advised that initial outreach regarding employment at Ryan Companies will only occur via email from the domain* @ryancompanies.com *email address. If you recieve communication from someone you believe is impersonating Ryan Companies, please report it to us at* [e-mail]**Non-Solicitation Notice to Recruitment Agencies:**Ryan Companies kindly requests that recruitment agencies and third-party recruiters do not submit unsolicited resumes or candidate information to any Ryan Companies employee or office. Ryan Companies will not be responsible for any fees or expenses associated with unsolicited submissions. If recruitment services are required, we will reach out directly to agencies on our approved vendor list. We appreciate your understanding and cooperation.