Global Compensation Solutions Analyst: Market Analytics

Lancesoft; Summit (NJ); On-site; USD 70,000 - 110,000; Full time

Job summary

Lancesoft in Summit, NJ is seeking a Compensation Solutions Analyst to join our Global Total Rewards Solutions team. You will partner with regional and functional stakeholders to support compensation programs, market analyses, and pay equity initiatives.

The role emphasizes data analytics, job evaluation activities, and process improvements, with responsibility for dashboards, reports, and ensuring internal equity across a global organization.

Qualifications

• Bachelor's degree in Human Resources, Business, Finance, Economics, Analytics, or a related field.
• 3-4 years of experience in Compensation, Total Rewards, HR Analytics, Human Resources, or a related analytical field.
• Strong analytical and quantitative skills with proven experience working with large datasets.
• Advanced Microsoft Excel skills, including complex formulas, pivot tables, lookups, data modeling, and reporting.
• Experience working in Workday (WD) or similar HRIS platforms.
• Excellent communication, presentation, and stakeholder management skills.
• Strong attention to detail with the ability to manage multiple priorities in a fast-paced environment.
• Experience working in a matrixed, global organization and collaborating across multiple geographies.

Responsibilities

• Conduct market benchmarking and competitive pay analyses using salary surveys and external market data.
• Analyze external labor market trends and provide insights to support compensation recommendations.
• Partner with Compensation Leaders and HR stakeholders to ensure market competitiveness and internal equity.
• Support job evaluation activities, including role leveling, benchmarking, and assessment of organizational design changes.
• Utilize established job evaluation methodologies and market data to determine appropriate job levels and compensation positioning.
• Support statutory and non-statutory pay equity analyses and reporting requirements.
• Partner with Legal, HR, and business stakeholders to ensure compliance with local pay transparency and pay equity regulations.
• Assist in the preparation of pay equity reports and recommendations based on analytical findings.
• Experience with pay equity methodologies and related compliance requirements is highly desirable.
• Support retention analyses and recommendations for critical talent populations.
• Assist with year-round compensation activities, including promotions, salary adjustments, offers, retention programs, and organizational changes.
• Develop and maintain compensation dashboards, reports, and analytical tools.
• Analyze large and complex datasets to identify trends, risks, and opportunities.
• Generate meaningful insights and recommendations for HR, business leaders, and Total Rewards stakeholders.
• Ensure data accuracy and integrity across compensation systems and reporting processes.
• Identify opportunities to streamline processes, improve controls, and enhance the employee and stakeholder experience.
• Support global compensation projects and annual compensation cycles.
• Contribute to standardization, automation, and continuous improvement initiatives.

Skills

Analytical skills

Excel

Communication

Stakeholder management

Education

Bachelor's degree in related field

Tools

Workday (WD)

Job description

Lancesoft in Summit, NJ is seeking a Compensation Solutions Analyst to join our Global Total Rewards Solutions team. You will partner with regional and functional stakeholders to support compensation programs, market analyses, and pay equity initiatives.

The role emphasizes data analytics, job evaluation activities, and process improvements, with responsibility for dashboards, reports, and ensuring internal equity across a global organization.