Compensation Analyst: Market Pricing & Analytics

UKG (Ultimate Kronos Group); City of Albany (NY); On-site; USD 64,000 - 92,000; Full time

Job summary

UKG is seeking a Compensation Analyst to design, administer, and analyze compensation programs for Engineering, Product, and Enterprise Systems Experience within a global SaaS environment. You will conduct market pricing, ensure internal equity, and support annual compensation processes with data-driven insights.

The role emphasizes large data handling, cross-functional collaboration with HR, Finance, and Talent Acquisition, and process improvements to compensation operations and governance.

Qualifications

• 2+ years of experience in compensation, HR analytics, finance, or related analytical role.
• Experience working with compensation surveys and market pricing methodologies.
• Advanced Microsoft Excel skills, including pivot tables, lookups, and complex formulas.
• Strong analytical, organizational, and problem-solving skills.
• Bachelor’s degree in HR, Business, Finance, Economics, Mathematics, Statistics, or a related field and/or equivalent experience.

Responsibilities

• Conduct market pricing for new and existing positions using technology compensation surveys (e.g., Radford, Mercer, or equivalent).
• Analyze market competitiveness, internal equity, range penetration, pay compression, and salary positioning.
• Prepare compensation recommendations supported by market data and business analytics.
• Assist in maintaining salary structures, job architecture, geographic differentials, compensation guidelines, and market data libraries.
• Support annual compensation processes including merit, bonus, equity, promotions, and salary structure updates.
• Perform data validation, quality assurance, testing, and reporting for compensation programs.
• Assist with compensation program administration, documentation, and ongoing process improvements.
• Support implementation of new compensation policies, tools, and processes.
• Evaluate new and revised jobs using the global career framework and job architecture.
• Recommend job codes, levels, families, and market matches based on established methodologies.
• Maintain job documentation and compensation records to ensure consistency and governance.
• Develop recurring and ad hoc compensation reports, dashboards, and workforce analytics.
• Analyze compensation trends and identify risks related to internal equity, market competitiveness, and pay practices.
• Support enterprise initiatives including organizational changes, acquisitions, restructuring, and compensation integration projects.
• Participate in cross-functional projects to improve compensation processes, reporting, automation, and data quality.
• Ensure compensation transactions comply with company policies, governance standards, and applicable regulations.
• Audit compensation data and resolve discrepancies within HR systems.
• Support pay transparency, compensation documentation, and audit requests.
• Maintain data integrity across compensation and HRIS systems.
• Provide analytical support to Compensation Consultants, HR Business Partners, and Talent Acquisition on compensation decisions.
• Assist with new hire offers, promotions, transfers, retention requests, and market adjustments using established compensation guidelines.
• Respond to routine compensation inquiries and provide data-driven recommendations.
• Build effective partnerships across HR, Finance, Talent Acquisition, and business organizations.

Skills

Analytical skills

Excel proficiency

Data analysis

Attention to detail

Communication

Cross-functional collaboration

Education

Bachelor's degree in HR/Business/Finance/Economics/Mathematics/Statistics

Tools

UKG Pro

Radford

Mercer

WTW

Job description

UKG is seeking a Compensation Analyst to design, administer, and analyze compensation programs for Engineering, Product, and Enterprise Systems Experience within a global SaaS environment. You will conduct market pricing, ensure internal equity, and support annual compensation processes with data-driven insights.

The role emphasizes large data handling, cross-functional collaboration with HR, Finance, and Talent Acquisition, and process improvements to compensation operations and governance.