Compensation Analyst II

generac; Waukesha (WI); On-site; USD 65,000 - 90,000; Full time

Job summary

Generac in Wisconsin is seeking a Compensation Analyst II to analyze, implement, and maintain compensation programs across the organization. You will conduct market research, evaluate roles for internal equity, support incentive programs, and ensure compliance with applicable laws.

Strong Excel and data analytics are essential. This role collaborates with HR and management to deliver insights and recommendations during annual reviews and surveys.

Qualifications

• Bachelor's degree in HR/Business/Finance or related field.
• Three years of compensation analysis or related HR experience.
• Strong analytical and quantitative abilities.

Responsibilities

• Conduct market research to determine competitive compensation practices.
• Evaluate jobs to ensure internal equity and external competitiveness.
• Support career and job level architecture updates.
• Develop and implement compensation policies and procedures.
• Maintain short- and long-term incentive programs.
• Prepare reports with compensation analyses and recommendations.
• Collaborate with HR/management on compensation issues.
• Ensure compliance with compensation laws at all levels.
• Coordinate salary surveys and benchmark datasets.
• Support annual compensation reviews including salary adjustments and equity distributions.

Skills

Market research

Data analysis

Excel proficiency

Attention to detail

Communication

Education

Bachelor's degree in HR/Business/Finance or related field

Tools

MS Excel

Workday/Oracle/SAP

Job description

We believe power is a promise - a shared commitment to be there for others when it matters most.

For more than 65 years, we've turned big ideas into solutions that help protect homes, strengthen businesses and build a more resilient, efficient, sustainable energy future.

Ready to Power a Smarter World with us?

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 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.

Certification / License

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

Education

Certification / License

Work Experience

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.

“We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.”