Senior Compensation Analyst

Confidential

Philadelphia (Philadelphia County)

On-site

USD 100,000 - 140,000

Full time

21 hours ago
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Job summary

Confidential is seeking a Senior Compensation Analyst to design and modernize compensation programs, partnering with HR, finance, and executives to translate data into strategic pay decisions.

You will benchmark, model, and govern compensation structures to support growth, internal equity, and market competitiveness, influencing hiring, promotions, and retention. The ideal candidate has 5+ years in compensation, advanced Excel, and experience with surveys and BI tools.

Qualifications

  • Bachelor's degree in HR, Finance, Economics, Business Administration, or related field.
  • 5+ years of experience in compensation analysis, compensation consulting, total rewards, or related analytical roles.
  • Strong experience in market benchmarking, salary structure development, job evaluation, and compensation modeling.
  • Advanced Excel skills and experience analyzing complex compensation datasets.

Responsibilities

  • Evaluate and enhance compensation programs, salary structures, job grades, and pay practices to support business objectives and workforce growth.
  • Help design scalable compensation frameworks that promote market competitiveness, internal equity, and financial sustainability.
  • Identify opportunities to modernize compensation policies, processes, and decision-making practices.
  • Support the development and evaluation of incentive compensation and performance-based reward programs.
  • Lead compensation benchmarking and market pricing analyses using industry surveys and external compensation data.
  • Conduct internal pay equity, salary compression, and compensation competitiveness analyses.
  • Develop sophisticated compensation models and scenario analyses to evaluate salary adjustments, structural changes, and financial impacts.
  • Translate complex compensation data into actionable insights, business cases, and recommendations for leadership.

Skills

Advanced Excel
Data analysis
Market benchmarking
Financial modeling

Education

Bachelor's degree

Tools

HRIS systems
Survey platforms

Job description

Go beyond analyzing compensation. Help shape how an organization rewards, attracts, and retains talent.

A large, established organization experiencing significant growth and transformation is seeking a highly analytical and forward-thinking Senior Compensation Analyst to help strengthen and modernize its compensation programs.

This is an opportunity for an experienced compensation professional or consultant who enjoys solving complex business challenges, developing data-driven strategies, and influencing important organizational decisions.

We're looking for someone who brings more than technical compensation knowledge—someone who can challenge existing practices, identify opportunities for improvement, and translate complex data into meaningful business recommendations.

The Opportunity

As a Senior Compensation Analyst, you will play a key role in developing and enhancing compensation strategies that support organizational growth, market competitiveness, internal equity, and long-term workforce sustainability.

Working closely with HR leadership, Finance, Talent Acquisition, and business leaders, you will help evaluate compensation structures, develop financial models, and influence decisions that directly impact the organization's ability to attract and retain talent.

This is an opportunity to move beyond traditional compensation administration and contribute to the design and evolution of an organization's compensation strategy.

What You'll Do
  • Evaluate and enhance compensation programs, salary structures, job grades, and pay practices to support business objectives and workforce growth.
  • Help design scalable compensation frameworks that promote market competitiveness, internal equity, and financial sustainability.
  • Identify opportunities to modernize compensation policies, processes, and decision-making practices.
  • Support the development and evaluation of incentive compensation and performance-based reward programs.
  • Lead compensation benchmarking and market pricing analyses using industry surveys and external compensation data.
  • Conduct internal pay equity, salary compression, and compensation competitiveness analyses.
  • Develop sophisticated compensation models and scenario analyses to evaluate salary adjustments, structural changes, and financial impacts.
  • Translate complex compensation data into actionable insights, business cases, and recommendations for leadership.
Strategic Business Partnership
  • Serve as a compensation subject matter expert and trusted advisor to HR, Finance, Talent Acquisition, and business leaders.
  • Provide strategic compensation recommendations for new hires, promotions, retention initiatives, and organizational changes.
  • Partner with Finance to evaluate compensation budgets, merit planning, and long-term labor cost implications.
  • Develop executive presentations, compensation dashboards, and management reports to support informed business decisions.
Compensation Governance & Continuous Improvement
  • Support annual compensation planning, including merit increases, promotional adjustments, and market-based salary changes.
  • Ensure compensation practices align with applicable pay equity, wage and hour, and pay transparency requirements.
  • Strengthen compensation governance, policies, approval processes, and analytical capabilities.
  • Identify opportunities to improve compensation technology, reporting, and operational efficiency.
What We're Looking For
  • Bachelor's degree in Human Resources, Finance, Economics, Business Administration, or a related field.
  • 5+ years of experience in compensation analysis, compensation consulting, total rewards, or related analytical roles.
  • Strong experience in market benchmarking, salary structure development, job evaluation, and compensation modeling.
  • Advanced Excel skills and experience analyzing complex compensation datasets.
  • Ability to develop business cases, financial models, and data-driven recommendations.
  • Strong business acumen, analytical thinking, and the ability to influence stakeholders.
  • Experience with compensation survey platforms, HRIS systems, or business intelligence tools preferred.

Experience in compensation consulting, total rewards advisory, or compensation transformation within a consulting firm or large organization is highly valued.

Why Consider This Opportunity?

Move from analysis to influence. Help shape compensation decisions that directly impact organizational strategy and talent competitiveness.

Build and improve. Contribute to the development and modernization of compensation frameworks, tools, and processes.

Gain executive exposure. Collaborate with HR and business leadership on important compensation and workforce investment decisions.

Solve complex challenges. Work at the intersection of compensation strategy, financial analysis, workforce planning, and business transformation.

Make a lasting impact. See your recommendations implemented and contribute to the long-term success of a growing organization.

Ready to Make an Impact?

If you're an experienced compensation professional who enjoys solving complex problems, challenging conventional approaches, and translating data into meaningful business decisions, we'd like to hear from you.

We're not simply looking for someone to administer compensation programs. We're looking for someone who can help shape them.

This opportunity is being managed as a confidential search. Additional information about the organization will be shared with qualified candidates.

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