Senior Compensation Analyst

Senior Compensation Analyst

Lumentum is searching for a highly motivated Senior Compensation Analyst with demonstrated experience in compensation program design, market analysis, and data analytics. This role requires hands-on expertise in compensationnot HR systems administrationand offers the opportunity to contribute to the design and execution of programs that attract, motivate, and retain top talent.

Responsibilities:

• Support the annual compensation planning cycle (merit, bonus, equity), partnering with HR Business Partners and cross-functional stakeholders.
• Perform compensation benchmarking, market pricing, and survey participation to support the development and refresh of salary structures.
• Apply compensation principles in job leveling, job mapping, and salary structure design to ensure internal consistency and external competitiveness.
• Prepare compensation analyses and models to support compensation decisions, budgeting, and strategic planning.
• Respond to compensation-related inquiries from HR and business leaders with thoughtful analysis and clear communication.
• Develop and maintain compensation tools, templates, and educational materials to promote understanding and transparency.
• Identify opportunities to streamline compensation processes using technology and minimize manual errors.
• Contribute to compensation policy reviews, ensuring alignment with best practices and compliance requirements.

Qualifications:

• Bachelor's degree in human resources, Organizational Development, Finance, Economics, Mathematics, or a related discipline.
• 5+ years of direct compensation experience (e.g., market pricing, survey participation, job leveling, and salary structure design)
• Advanced Excel skills required, with the ability to analyze complex data sets and generate actionable insights.
• Client-facing or stakeholder partnership experience preferred.
• Experience using Workday or similar HRIS systems to support compensation processes is a plus.
• Highly organized, detail-oriented, and able to manage multiple priorities in a fast-paced environment.
• Strong communication and interpersonal skills with the ability to present data-driven insights clearly and confidently.
• Self-starter with a growth mindset and a collaborative approach.

Additional Requirement:

• Presence is required onsite 5 days/week to foster collaboration and productivity.

Pay Range: P50-USA-1: $94,200.00 - $134,600.00

Disclaimer: Final base salary for the successful candidate will depend on multiple factors, including but not limited to, job location, where work will be performed, qualifications, work history and relevant experience. With our continual goal of making Lumentum a best place to work for our employees, we strive to offer employees competitive total compensation packages, which may include annual bonus, commission for certain sales roles, equity, and health and welfare benefits.