Compensation Analyst
Chennai, TN, IN, 600032
Summary
We are seeking a data-driven and detail-oriented Compensation Analyst to the development and implementation of competitive and equitable compensation programs that align with organizational goals and market trends. The ideal candidate will have hands-on experience in Compensation Analysis, market pricing, job evaluation, and pay structure design. Proficiency in Excel is required, and experience with SuccessFactors is a plus.
Your role in our mission
Key Attributes Required
1. Problem-Solving & Continuous Improvement - Ability to identify trends, recommend improvements, streamline compensation processes, and drive organizational efficiencies.
2. Analytical & Data Literacy -Should excel in analyzing compensation data, developing pay structures, benchmarking, and modeling compensation budgets. Familiarity with market pricing and program administration is critical.
3. Technical Proficiency-Advanced skills in Excel, HRIS systems, and data visualization tools (e.g., Power BI, Tableau).
4. Market & Regulatory Acumen-Ability to conduct job evaluations, salary benchmarking, and stay compliant with local compensation laws and labor market trends.
5. Communication & Business Partnering-Must clearly articulate compensation insights to HR, finance, operations, and leadership. Writing clear plans and policies is equally important.
5. Detail-Oriented & Organized-Accuracy in data handling, structured pay analysis, and consistent documentation are key traits.
Key Responsibilities
• Ability to improve compensation processes and continuous improvements within keep the lights on activities for team efficiency.
• Conduct job evaluations and internal role analyses.
• Benchmark salary and benefits against industry standards.
• Assist in designing pay structures, salary bands, and variable compensation models.
• Analyze data to identify trends, gaps, and strategic insights.
• Collaborate with HR, finance, and leadership to drive compensation strategy.
• Ensure compliance with US-specific labor laws and compensation policies.
• Prepare dashboards, reports, and presentations to communicate compensation findings.
Requirements
• Master's degree in HR, Business Administration, Finance, or related field.
• 3–5 years of experience in compensation analysis.
• Proficiency in Excel. SuccessFactors experience is a plus.
• Hands-on experience in market pricing, job evaluation, and pay structure design.
• Strong analytical, research, and communication skills.
• Meticulous attention to detail, organized, and a proactive mindset.
• Project management experience or continuous improvement research.
What you should expect in this role
- Fast-paced,challenging and rewarding work environment.
- Work life balance.
- Remote environment
- Will require late evening work to overlap US work hours [2 PM to 11 PM IST]