Compensation Analyst

Compensation Analyst – Temporary Consultant

Location : Springfield, MA

Pay Rate : $35–43 / hour, based on experience

The Compensation Analyst is responsible for supporting the design, administration, and ongoing evaluation of compensation programs to ensure internal equity, external competitiveness, and compliance with applicable regulations. This role partners closely with Human Resources, Finance, and leadership to provide data-driven compensation insights.

Responsibilities

Conduct market pricing and benchmarking analyses using external compensation surveys and tools

Support pay equity analyses and assist with remediation planning as needed

Perform job evaluations and maintain job architecture and salary structures

Partner with HR and leadership on compensation-related decisions, including new roles, promotions, and adjustments

Analyze compensation data, trends, and metrics to support workforce planning and budgeting

Assist with annual compensation review processes, including merit and market adjustments

Ensure compensation practices align with organizational policies, regulatory requirements, and best practices

Maintain accurate compensation data within HR systems and reporting tools

Prepare reports and presentations for HR leadership and senior management

Requirements

Bachelor’s degree

3+ years of experience in compensation analysis

Proficiency with Excel and data analysis tools

Professional HR certification preferred (e.g., CCP, PHR, SHRM-CP)

INDA