Senior Compensation Analyst: Strategic Pay & Insights

Hire Point Recruiting; Livingston (NJ); On-site; USD 90,000 - 130,000; Full time

Job summary

Hire Point Recruiting is seeking a Senior Compensation Analyst in Livingston, NJ to lead market benchmarking, salary structuring, and annual compensation planning. You will partner with HR and business leaders to evaluate roles, propose salary ranges, and ensure competitive pay practices.

In this role, you will analyze market data, prepare reports, support incentive programs, and maintain compensation data within HRIS systems.

Qualifications

• Bachelor's degree in HR, Finance, Business or related field or equivalent experience.
• 5+ years of progressive compensation experience including market pricing and annual planning.
• Strong understanding of salary structures, incentive programs, and compensation practices.
• Advanced Excel skills with pivot tables, lookups and complex data analysis.
• Experience with HRIS platforms and compensation survey tools.

Responsibilities

• Conduct market benchmarking and competitive pay analyses to support compensation decisions.
• Evaluate positions and recommend appropriate job levels, salary ranges, and classifications.
• Partner with HR and hiring managers to develop compensation recommendations for new hires, promotions, transfers, and adjustments.
• Support annual compensation planning, including merit increases, bonus payouts, and salary structure reviews.
• Participate in compensation surveys and analyze results to assess market competitiveness and internal equity.
• Maintain job architecture, salary structures, and compensation data within HR systems.
• Analyze compensation trends, develop reports, and present findings and recommendations to leadership.
• Support the design and administration of incentive compensation programs.
• Identify opportunities to improve compensation processes, reporting, and tools.
• Partner with HR, Finance, and Payroll to ensure accurate compensation planning and administration.
• Support pay equity reviews and compliance with applicable compensation requirements.
• Prepare compensation communications and guidance for HR partners and managers.

Skills

Analytical thinking

Advanced Excel

Data analysis

Communication

Attention to detail

Education

Bachelor's degree in HR/Finance/Business

Tools

HRIS platforms

Compensation survey tools

Job description

Hire Point Recruiting is seeking a Senior Compensation Analyst in Livingston, NJ to lead market benchmarking, salary structuring, and annual compensation planning. You will partner with HR and business leaders to evaluate roles, propose salary ranges, and ensure competitive pay practices.

In this role, you will analyze market data, prepare reports, support incentive programs, and maintain compensation data within HRIS systems.