Senior Compensation Analyst

$91,000 - $164,000/Yr

Forrester Research - Philadelphia, PA

Full-time - Mid Level

Philadelphia, PA

Professional, Scientific, and Technical Services

About the position

The Senior Compensation Analyst at Forrester Research, Inc. plays a vital role in executing the company's global compensation strategy. This position requires a blend of tactical expertise and relationship-building skills to tailor compensation processes to meet specific business needs. The analyst will be responsible for developing job architecture, leading compensation planning cycles, and ensuring compliance with compensation practices while enhancing employee satisfaction and retention.

Responsibilities

• Develop and maintain a comprehensive job architecture framework aligned with business objectives and industry best practices.
• Lead the design and creation of new job levels, roles, and job descriptions based on organizational needs and market trends.
• Collaborate with cross-functional teams to develop communication materials and implement job architecture initiatives.
• Lead and execute the company's annual compensation planning cycle, ensuring successful implementation and alignment with company goals.
• Serve as a key contributor in the sales compensation review process, partnering with sales leadership and finance operations to create performance-driven sales incentive plans.
• Ensure accurate and timely delivery of compensation programs and initiatives to enhance employee satisfaction and retention.
• Conduct benchmarking analysis to develop job families and pay targets, ensuring internal equity and market competitiveness.
• Review and audit compensation practices to ensure consistency, compliance, and competitiveness.
• Perform data insights and analysis to support compensation-related activities, including budgeting and strategic decision-making.
• Continuously seek process improvements and use technology to minimize data issues and manual work.
• Review, monitor, and respond to changes in legislation impacting compensation practices, particularly pay transparency requirements.
• Serve as the primary compensation contact for equity-related matters.
• Review and provide guidance on Workday business processes related to compensation.
• Develop and deliver educational and communication materials related to compensation to support global employee understanding and engagement.
• Partner with finance, accounting, legal, and tax departments to ensure regulatory compliance of employee compensation practices.

Requirements

• Eight-plus years of experience in compensation, with a proven track record of success.
• Proficiency in Workday or similar HRIS systems for compensation data management and analysis.
• Advanced Excel skills with the ability to analyze complex datasets and generate actionable insights.
• Strong attention to detail and analytical skills, ensuring accuracy in all aspects of the role.
• Excellent problem-solving and research skills, with the ability to provide innovative compensation solutions.
• Exceptional communication, interpersonal, and partnership abilities, capable of working effectively with diverse teams.
• Strong organizational skills, with the ability to manage multiple projects simultaneously.
• Knowledge of global compensation trends, best practices, regulations, and compliance.
• Self-motivated with the ability to take initiative with minimal supervision.
• Ability to handle sensitive and confidential information with integrity and professionalism.

Benefits

• Competitive salary range of $91,000 - $164,000, depending on experience and location.
• Bonus target of 10% based on individual and company performance.
• Comprehensive health insurance coverage.
• 401(k) retirement savings plan with company matching contributions.
• Paid time off and holidays.
• Professional development opportunities and support for ongoing education.