Compensation Analyst I

Generac; Waukesha (WI); On-site; USD 60,000 - 75,000; Full time

Job summary

Generac seeks a Compensation Analyst I to analyze, implement, and maintain our compensation programs in Wisconsin. You will conduct market research, evaluate roles, and help ensure competitive, compliant compensation practices across the organization.

Collaborating with HR and management, you will prepare analyses, support annual salary reviews, and contribute to incentive and equity programs. Strong Excel and data-analysis skills are essential.

Qualifications

• Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
• 1+ years of experience in compensation analysis or a related HR role.
• Demonstrated critical thinking, research, analytical, and quantitative skills.
• Proficiency in MS Office applications, with strong Excel abilities.
• Ability to handle confidential information with discretion.
• Excellent verbal, interpersonal, and written communication skills.

Responsibilities

• Conduct market research and analysis to determine competitive compensation practices.
• Evaluate jobs and positions to ensure internal equity and external competitiveness.
• Assist in developing and maintaining career/job level architecture and job families.
• Assist in developing and implementing compensation policies and procedures.
• Assist in maintaining company short- and long-term incentive programs.
• Prepare and present reports on compensation analysis and recommendations.
• Collaborate with HR and management on compensation-related issues.
• Ensure compliance with federal, state, and local compensation laws and regulations.
• Coordinate salary surveys and analyze survey data to benchmark positions.

Skills

Critical thinking

Analytical skills

Excel

MS Office

Written and verbal communication

Education

Bachelor's degree (HR/Business/Finance)

Tools

Workday

Oracle Cloud HR

SAP/SuccessFactors

BetterComp

MarketPay

PayFactors

CompAnalyst

Job description

Primary Purpose

The Compensation Analyst I is responsible for analyzing, implementing, and maintaining the company's compensation programs. This role involves conducting market research, evaluating job positions, and ensuring that the company's compensation practices are competitive and compliant with legal requirements.

Major Responsibilities

• Conduct market research and analysis to determine competitive compensation practices.
• Evaluate jobs and positions to ensure internal equity and external competitiveness.
• Assist in evaluating and maintaining career/job level architecture and job families.
• Assist in the developing and implementing compensation policies and procedures.
• Assist in maintaining company short- and long-term incentive programs.
• Prepare and present reports on compensation analysis and recommendations.
• Collaborate with HR and management to address compensation-related issues.
• Ensure compliance with federal, state, and local compensation laws and regulations.
• Coordinate salary surveys, analyze survey data to benchmark company positions, and maintain market evaluation datasets.
• Support the annual compensation review process, including salary adjustments, bonus, and equity distributions.

Minimum Job Requirements

Education

Bachelor's degree (or equivalent knowledge) in Human Resources, Business Administration, Finance, or a related field or a related field.

Work Experience

1 plus years of experience in compensation analysis or a related HR role

Knowledge / Skills / Abilities

Demonstrated critical thinking, research, analytical, and quantitative skills.

Strong attention to detail, ability to draw conclusions, summarize results, and make effective decisions when working with large data sets from multiple sources.

Proficiency in MS Office applications. Highly proficient with Excel.

Demonstrated understanding of the laws and regulations that affect human resources and compensation.

Ability to handle confidential information with discretion.

Excellent verbal, interpersonal, and written communication skills necessary to interact with staff at all levels of the organization.

Preferred Job Requirements

Knowledge / Skills / Abilities

Experience using HR technology such as Workday, Oracle Cloud HR, or SAP/SuccessFactors.

Experience using compensation administration software such as BetterComp, MarketPay, PayFactors, CompAnalyst, etc.

Experience delivering both compliance-based and consultative compensation solutions to internal clients.

Global Compensation Experience To Include Canada, Mexico, And Europe.

Physical Requirements and Working Conditions

PHYSICAL DEMANDS:

Office Environment (Includes field sales)

While performing the duties of this job, the employee is regularly required to talk and hear; and use hands to manipulate objects or controls. The employee is regularly required to stand and walk. On occasion, the incumbent may be required to stoop, bend, or reach above the shoulders. The employee must occasionally lift up to 25 pounds. Specific conditions of this job are typical of frequent and continuous computer-based work requiring periods of sitting, close vision, and the ability to adjust focus. Occasional travel.