Compensation & Benefits Specialist

TalentBridge; Andover (MA); On-site; USD 70,000 - 100,000; Full time

Job summary

TalentBridge is seeking a Compensation & Benefits Specialist to guide the development, analysis, and continuous improvement of total rewards programs. You will benchmark salaries, analyze benefits, and translate data into actionable insights that boost engagement and retention.

The ideal candidate is analytical, detail-oriented, and capable of collaborating with HR Partners, Talent Acquisition, and business leaders to align programs with goals.

Qualifications

• Bachelor's degree or equivalent experience.
• 3-5 years in compensation, benefits, total rewards, or a related analytics role.
• Experience with benchmarking, market pricing, and salary structure analysis.
• Advanced Excel skills and HRIS/HR technology familiarity.
• Strong analytical, problem-solving, and organizational skills.

Responsibilities

• Conduct salary benchmarking, market pricing, and job evaluations.
• Analyze salary structures, equity, pay trends, and market competitiveness.
• Support annual compensation planning and salary adjustments.
• Develop compensation models, budgets, and reports for decision making.
• Partner with HR, TA to provide compensation insights.
• Analyze benefits programs, enrollment trends, and costs.
• Support renewals, open enrollment, and communications.
• Create dashboards and reports to support HR leadership.
• Maintain accurate HR data including job architecture and compensation information.
• Identify opportunities to automate reporting and analytics workflows.

Skills

Analytical thinking

Detail orientation

Communication

Cross-functional collaboration

Education

Bachelor's degree in HR, Business, Finance, Economics, Analytics, or related field

Tools

Excel

HRIS platforms

SAP SuccessFactors

Power BI

Job description

We're seeking a Compensation & Benefits Specialist to support the development, analysis, and continuous improvement of compensation and employee benefits programs. This role combines compensation benchmarking, benefits analysis, HR data analytics, and cross-functional collaboration to help ensure our total rewards programs remain competitive, equitable, and aligned with business goals.

The ideal candidate is analytical, detail-oriented, and comfortable translating complex data into actionable insights that support employee engagement, retention, and business performance.

Key Responsibilities

Compensation & Market Analysis

• Conduct salary benchmarking, market pricing, and job evaluations to support competitive compensation strategies.
• Analyze salary structures, internal equity, pay trends, and market competitiveness.
• Support annual compensation planning, merit increases, promotions, incentive programs, and salary adjustments.
• Develop compensation models, budget forecasts, and reports to inform decision-making.
• Partner with HR Business Partners and Talent Acquisition to provide compensation insights and guidance.

Benefits & Total Rewards

• Analyze employee benefits programs, including health, dental, vision, retirement, wellness, and leave.
• Evaluate enrollment trends, plan costs, utilization, and employee feedback to identify opportunities for improvement.
• Support annual benefits renewals, open enrollment, plan changes, and employee communications.
• Coordinate with benefits brokers, consultants, carriers, and vendors to monitor service levels and resolve issues.
• Assist with total rewards communications and employee inquiries.

Data Analytics & HR Technology

• Analyze compensation, benefits, and workforce data using HR systems, advanced Excel, and reporting tools.
• Develop dashboards, reports, and key performance indicators to support HR leadership and business decisions.
• Maintain accurate HR data, including job architecture and compensation information.
• Identify opportunities to improve reporting, automate processes, and enhance analytical workflows.
• Support the use of emerging technologies and AI tools in accordance with data privacy and governance standards.

Compliance & Cross-Functional Partnership

• Support compliance with applicable compensation, benefits, and employment regulations.
• Assist with audits, pay equity reviews, regulatory reporting, and internal controls.
• Partner with HR, Finance, Payroll, Talent Acquisition, and business leaders on workforce planning, budgeting, and retention initiatives.
• Present findings and recommendations to stakeholders and support special projects as needed.

Qualifications

• Bachelor's degree in Human Resources, Business, Finance, Economics, Analytics, or a related field, or equivalent experience.
• 3-5 years of experience in compensation, benefits, total rewards, HR analytics, or a related analytical role.
• Experience with compensation benchmarking, market pricing, job evaluations, and salary structure analysis.
• Working knowledge of employee benefits programs and related processes.
• Advanced Excel skills, including pivot tables, lookups, and data modeling.
• Experience with HRIS platforms, compensation systems, or other enterprise HR technology.
• Strong analytical, problem-solving, communication, and organizational skills.
• Ability to handle sensitive employee information with discretion and confidentiality.

Preferred Qualifications

• Experience with SAP SuccessFactors or a comparable HRIS platform.
• Power BI or other business intelligence and data visualization tools.
• Experience supporting annual compensation cycles, pay equity reviews, or benefits open enrollment.
• Experience with compensation forecasting, financial modeling, or process automation.
• Familiarity with AI-enabled analytics and emerging HR technologies.
• Relevant certifications such as CCP, CBP, CEBS, SHRM-CP/SCP, or PHR/SPHR.