Compensation Analyst - Market Benchmarking & Job Levels

TransMedics, Inc.; Andover (MA); On-site; USD 84,000 - 119,000; Full time

Benefits offered by this job

Medical (HRA)

Dental

Vision

FSA

Dependent Care FSA

STD

LTD

401K

Pet insurance

ESPP

Job summary

TransMedics, Inc. is seeking a Compensation Analyst to develop and execute global compensation programs and job architecture. The role will build foundational infrastructure, conduct market benchmarking, and maintain job profiles in Workday.

Reporting to the Head of Total Rewards, you will partner with HRBPs, Talent Acquisition, Finance and leaders to ensure internal equity, leveling, and compliant pay practices, with opportunities to leverage AI-enhanced processes.

Qualifications

• Bachelor’s degree in HR, Business, Finance, Economics, or related field.
• 3–5+ years in compensation/total rewards with hands-on experience.
• Experience with compensation benchmarking and surveys; Radford or similar preferred.
• Experience evaluating and leveling jobs within an established or developing job architecture.
• Strong Excel and analytical skills; work with large datasets and translate analyses into recommendations.
• Experience with Workday HCM and/or Workday Compensation preferred.
• Understanding of compensation fundamentals: market pricing, salary structures, internal equity, and job evaluation.
• Strong attention to detail and ability to manage multiple priorities.

Responsibilities

• Support the implementation and management of the company’s job architecture, including job families, levels, titles, career structures and compensation ranges; evaluate new and existing roles for leveling, market alignment, and internal consistency.
• Lead compensation benchmarking and market pricing using external survey data and internal comparisons to assess competitiveness and internal equity.
• Maintain compensation structures and market data, including salary ranges, survey participation, benchmark matches and supporting documentation.
• Own the creation and ongoing maintenance of job profiles and compensation-related data in Workday.
• Partner with HRBPs, HR Operations and business leaders on job evaluation, leveling and compensation decisions.
• Collaborate with Talent Acquisition on new-hire compensation and offers with market data and guidance.
• Conduct regular audits and analyses of compensation, job architecture and Workday data for consistency and pay-equity considerations.
• Support annual compensation processes, regulatory/pay-transparency requirements, and related initiatives.

Skills

Excel

Analytics

Data analysis

Workday

Communication

Benchmarking

Job evaluation

AI in compensation

Education

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

Tools

Radford

Workday

Job description

TransMedics, Inc. is seeking a Compensation Analyst to develop and execute global compensation programs and job architecture. The role will build foundational infrastructure, conduct market benchmarking, and maintain job profiles in Workday.

Reporting to the Head of Total Rewards, you will partner with HRBPs, Talent Acquisition, Finance and leaders to ensure internal equity, leveling, and compliant pay practices, with opportunities to leverage AI-enhanced processes.