Senior Compensation Specialist

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

The Senior Compensation Analyst supports the development, administration, and evaluation of compensation programs designed to attract and retain talent. Responsibilities include partnering with Human Resources and business leaders, evaluating roles, analyzing market data, and delivering compensation recommendations. Success in the role requires strong analytical skills and the ability to translate complex information into clear, practical guidance.

Key Responsibilities:

• Conduct market benchmarking and competitive pay analyses to support compensation decisions across the organization.
• 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.

Qualifications:

• Bachelor’s degree in Human Resources, Finance, Business Administration, or a related field, or equivalent experience.
• 5+ years of progressive compensation experience, including market pricing, job evaluation, and annual compensation planning.
• Strong understanding of salary structures, incentive programs, and compensation practices.
• Advanced Excel skills, including pivot tables, lookup functions, and complex data analysis.
• Experience with HRIS platforms and compensation survey tools.
• Strong analytical skills with a high level of accuracy and attention to detail.
• Ability to communicate findings clearly and build effective relationships with HR and business leaders.
• Demonstrated ability to manage competing priorities and handle confidential information with discretion.
• Certified Compensation Professional (CCP) designation or progress toward certification preferred.
• Experience supporting compensation programs across multiple business units or countries preferred.