Sr. Compensation Analyst

Farm Credit Services; Columbia (SC); Hybrid; USD 70,000 - 90,000; Full time

Job summary

Farm Credit Services is looking for a Sr. Compensation Analyst based in Columbia, SC (Hybrid). This role involves designing, analyzing, and maintaining compensation programs to ensure market competitiveness and organizational objectives.

The ideal candidate will have a Bachelor’s degree in HR or a related field, with 4–6 years of relevant experience. Responsibilities include conducting market pricing, advising on pay decisions, and managing compensation analytics.

Qualifications

• 4–6 years of experience in compensation or related field required.
• CCP or SHRM-CP certification preferred.
• In-depth knowledge of compensation principles and compliance.

Responsibilities

• Design and administer compensation programs, including salary structures.
• Conduct market pricing and benchmarking to ensure equitable pay practices.
• Advise leaders on pay decisions for new hires and promotions.

Skills

Analytical skills

Communication

Project management

Collaboration

Education

Bachelor’s degree in HR, Business Administration, Social Sciences, or related field

Tools

HRIS

Data analysis tools

Job description

Sr. Compensation Analyst – Columbia, SC (Hybrid)

The Sr. Compensation Analyst role is part of a team responsible for designing, analyzing, and maintaining compensation programs that support organizational objectives and ensure market competitiveness. This position provides strategic insights, partners with stakeholders, and ensures regulatory compliance while enabling efficient processes and data-driven decision‑making.

What You’ll Do

• Design and administer compensation programs, including salary structures, incentive plans, and job evaluations
• Conduct market pricing and benchmarking to ensure competitive, equitable pay practices.
• Support annual compensation processes (merit increases, bonuses, salary planning)
• Ensure compliance with compensation regulations and internal policies.
• Partner with HRIS and cross-functional teams to maintain and enhance compensation systems
• Advise leaders on pay decisions (new hires, promotions, internal equity)
• Analyze compensation data to identify trends, risks, and opportunities for improvement.
• Support workforce planning, organizational design, and compensation-related training
• Manage position control, headcount tracking, and alignment with budgets and forecasts.
• Monitor budget compliance and deliver reporting/analytics on compensation and position management.

What You’ll Need

• Bachelor’s degree in HR, Business Administration, Social Sciences, or related field required
• 4–6 years of experience in compensation or related field required
• CCP or SHRM-CP certification preferred
• Strong analytical and quantitative skills with the ability to interpret data and provide insights
• In-depth knowledge of compensation principles, market pricing, job evaluation, and compliance
• Proficiency in HRIS and data analysis tools; ability to adapt to new technologies
• Strong business acumen, communication, project management, and collaboration skills