Compensation Analyst

ryancompanies; Minneapolis (MN); On-site; USD 77,000 - 96,000; Full time

Benefits offered by this job

Medical, Dental and Vision Benefits

Retirement and Savings Benefits

Educational Assistance

Paid Time Off (PTO)

Employee Assistance and Wellness

Job summary

Ryan Companies is hiring a Compensation Analyst for the Minneapolis office. The role focuses on analysis, development, and implementation of Compensation and Recognition systems and programs, in partnership with HR leaders.

The position involves market-competitive pay practices, annual salary surveys, data management in Workday, and contribution to payroll and benefits projects. Strong Excel skills and knowledge of Workday/Payfactors are preferred.

Qualifications

• Bachelor's degree in HR or related field preferred.
• 2–4 years HR experience with at least 2 years in Compensation.
• Associate degree + 6+ years in Compensation acceptable.
• Equivalent military experience considered.

Responsibilities

• Consult with HR partners and leaders on compensation topics.
• Evaluate and review job descriptions to determine salary structures and exemption status.
• Participate in annual salary surveys and maintain market data in Payfactors.
• Assist in modeling merit increases, range penetration and internal equity.
• Manage compensation data in Workday and partner with HR leaders on decisions.
• Support development and maintenance of the recognition program and manage vendors.
• Develop and update employee communications and ensure clarity and engagement.
• Help define policies that comply with external regulations.
• Identify opportunities to improve processes and increase efficiency across total rewards.
• Stay current on industry trends and regulatory updates.
• Involvement with Payroll, Benefits and Leaves projects.

Skills

Analytical mindset

Attention to detail

Communication skills

Relationship building

Education

Bachelor's degree in HR or related field

Associate degree + 6+ years in Compensation

Tools

Workday

Payfactors

Microsoft Excel

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.

Responsibilities

• 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.

Qualifications

• 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.

Preferred Qualifications

• 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.

Equal Opportunity Statement

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 th