Compensation Analyst II

Generac; Waukesha (WI); On-site; USD 65,000 - 95,000; Full time

Job summary

Generac seeks a Compensation Analyst II to analyze, implement, and maintain our compensation programs. You will conduct market research, evaluate jobs, and ensure that our practices are competitive and compliant with applicable laws.

In collaboration with HR and management, you will help maintain career and job level architectures, develop policies, and support the annual compensation review with data-driven recommendations.

Qualifications

• Three years of experience in compensation analysis or a related HR role.
• Bachelor's degree in HR, business, finance, or related field.
• Proficiency in MS Office, especially Excel.
• Knowledge of compensation laws and regulations.

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 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.

Skills

Critical thinking

Research

Analytical skills

Quantitative analysis

Attention to detail

Data interpretation

MS Excel

Written communication

Oral communication

Confidential information handling

Education

Bachelor's degree in Human Resources, Business Administration, Finance, or related field

Tools

Workday

Oracle Cloud HR

SAP/SuccessFactors

BetterComp

MarketPay

PayFactors

CompAnalyst

Job description

Primary Purpose

The Compensation Analyst II 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 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.

Work Experience

Three 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

Work Experience

• 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

Experience working with global compensation programs in Canada, Mexico, and Europe.

Physical Requirements and Working Conditions

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.