Compensation Analyst

This is a fully remote position, open to applicants in Maryland.

📋 Description

• Serve as an internal consultant offering comprehensive compensation and policy assistance to HR, managers, and employees.

• Conduct thorough job evaluations for newly created or modified positions, assessing classification, exemption status, and competitive market salaries.

• Ensure the accuracy, consistency, and integrity of compensation and job evaluation data.

• Validate job requirements through job analysis, interviews, questionnaires, and observation of duties.

• Collaborate with HR and business leaders to draft, review, and revise job descriptions.

• Aid in the development of career pathways, job architecture, and job ladders.

• Generate reports summarizing job analysis/evaluation, career charting, and compensation data.

• Conduct compensation analyses and market pricing, including FLSA testing and classification.

• Prepare ad hoc analyses, reports, and materials to support decisions on complex compensation issues.

• Complete compensation survey submissions and evaluate results.

• Support mid-year and annual merit compensation planning cycles.

• Develop or update processes, procedures, and guidelines for compensation programs.

• Audit, maintain, and enhance compensation systems.

• Educate managers and employees on compensation philosophy and pay-for-performance practices.

• Lead or participate in special compensation projects and competitive industry assessments.

• Stay updated on compensation topics through training and technical materials.

• Assist in designing, communicating, and administering cash compensation, short-term incentive, and long-term equity award programs.

• Support tracking of employee job description acknowledgments.

⛳️ Requirements

• Over 5 years of progressive compensation experience within a Human Resources function, preferably in life sciences, biotech, or pharma.

• Bachelor’s Degree in business administration, human resources, finance, psychology, or a related field.

• Proficient in compensation theory and familiar with local, state, and federal laws and regulations.

• Experience in building compensation models and conducting detailed pay analyses.

• Proficiency in using compensation survey data; familiarity with Radford and Mercer industry surveys is preferred.

• Intermediate to advanced skills in Microsoft Excel, Word, and PowerPoint.

• Exceptional interpersonal and oral/written communication skills.

• Capable of handling highly confidential and sensitive information with discretion and professionalism.

• Willingness to travel to company events, team meetings, and/or industry conferences 4–5 times a year.

🏝️ Benefits

• Flexible hours.

• Medical coverage.

• Dental coverage.

• Vision coverage.

• Prescription coverage.

• Employee wellness resources.

• 401(k) savings plan.

• Employee Stock Purchase Plan (ESPP).

• Paid time off.

• Paid parental leave.

• Disability benefits.