Carex is partnering with a Healthcare industry partner to identify a Senior Analyst, Compensation who will support the design, analysis, and administration of market-competitive and equitable compensation programs. This role plays a key part in enabling fair, data-driven compensation decisions through market research, financial modeling, job evaluations, salary structure management, and incentive plan administration.
The Senior Analyst, Compensation will serve as a trusted advisor to HR stakeholders, providing strategic insights and recommendations that support compensation decisions, internal equity, regulatory compliance, and organizational objectives. This individual will collaborate cross-functionally with HR, Finance, and Payroll teams to ensure compensation programs are effectively administered and aligned with business needs. The ideal candidate brings strong analytical capabilities, deep knowledge of compensation practices, and the ability to translate complex data into actionable recommendations.
Duration: Contract or Contract-to-Hire
Location: Remote
What You'll Do
Conduct market pricing and competitive compensation analyses, including participation in third-party salary surveys, job benchmarking, and evaluation of external market positioning.
Develop, maintain, and analyze salary structures and pay grades to ensure alignment with market trends, internal equity, and compensation strategy.
Evaluate proposed compensation actions, including new hires, promotions, and salary adjustments, to ensure consistency with established guidelines, internal equity standards, and regulatory requirements.
Administer incentive compensation programs, including eligibility tracking, payout calculations, proration methodologies, and quarterly incentive cycles.
Collaborate with Finance, Payroll, and HR stakeholders to ensure accurate and timely incentive payouts while maintaining appropriate governance and compliance controls.
Analyze incentive plan performance, identify trends and potential risks, and recommend improvements that align with organizational objectives.
Serve as a compensation subject matter resource to HR partners, providing consultative guidance on compensation practices, market data, and internal pay strategies.
Support annual compensation planning processes, including merit increases, incentive programs, and market-based salary adjustments.
Partner with compensation and HR teams to ensure accurate implementation and ongoing administration of compensation programs, policies, and procedures.
Conduct job evaluations, position leveling, and FLSA classification assessments within established job architecture frameworks.
Maintain job catalogs, job descriptions, and salary structures to promote consistency, accuracy, and regulatory compliance.
Develop compensation reports, models, and analyses to support business decisions and identify opportunities for process improvements.
Monitor evolving compensation regulations and market trends to ensure programs remain competitive, equitable, and compliant with applicable federal, state, and local requirements.
Provide guidance and mentorship to compensation analysts and specialists, supporting knowledge sharing and continuous improvement.
What You'll Bring
Bachelor's degree in Human Resources, Finance, Business Administration, or a related field.
3–5 years of progressive experience in compensation analysis, compensation administration, or a related analytical role.
Experience supporting compensation programs for a geographically dispersed or multi-state workforce preferred.
Strong understanding of compensation principles, including market pricing, salary benchmarking, job evaluation, pay structures, and internal equity analysis.
Experience administering incentive compensation plans, including eligibility management, payout calculations, proration methodologies, documentation, and governance controls.
Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables,…