Contract Senior Compensation Analyst
Job Description
Job Description
Job SummaryThe Senior Compensation Analyst plays a key role in the analysis, implementation, and administration of compensation programs that align with the organization’s pay philosophy and business objectives. This role provides expert-level analysis and guidance to ensure compensation practices are competitive, equitable, and compliant with relevant laws and regulations.Essential Duties & Responsibilities
- Analyze, design, and evaluate base and variable compensation programs, job classifications, and salary structures to ensure market competitiveness and internal equity.
- Conduct complex compensation analyses, including market pricing, pay equity assessments, and modeling for new programs or structural changes.
- Provide compensation consulting support to HR Business Partners and business leaders, including job evaluations, offer recommendations, and compensation planning guidance.
- Lead or participate in salary surveys and benchmarking efforts; interpret survey data and apply findings to internal compensation structures.
- Support annual compensation cycles, including merit increases and bonus plan administration.
- Develop and deliver compensation-related tools, resources, and training materials for HR and business partners.
- Contribute to compensation governance, policy development, and compliance with applicable laws and regulations (e.g., FLSA, pay transparency laws).
- Partner with HRIS to ensure data accuracy and support reporting needs; create and maintain dashboards and compensation reports for leadership.
- Participate in or lead compensation-related projects and initiatives, such as pay transparency efforts, job architecture development, or systems implementations.
- Stay informed on market trends, emerging practices, and regulatory developments related to compensation.
Minimum Qualifications and Education RequiredMin Years of ExperienceMinimum 4-6 years of progressively responsible experience in compensation analysis or related HR disciplines.Education and area of focusBachelor’s degree in Human Resources, Business, Finance, Economics, or a related field.Certifications/Trainings:Certified Compensation Professional (CCP) or similar designation is preferred.Competencies -Knowledge Skills & Abilities (KSA)
- Solid understanding of compensation principles, regulatory requirements (e.g., FLSA, pay transparency laws), and survey methodologies.
- Strong analytical, problem-solving, and critical thinking skills.
- High attention to detail and ability to manage multiple priorities in a fast-paced environment.
- Strong written and verbal communication skills; ability to explain compensation concepts to non-HR audiences.
- Ability to maintain confidentiality and exercise sound judgment.
- Proficiency in Microsoft Excel (e.g., pivot tables, v-lookups, modeling).
- Familiarity with compensation tools (e.g., CompAnalyst, Payfactors, MarketPay).
- Experience working with HRIS systems (e.g., SuccessFactors).
- Ability to analyze and interpret large datasets to produce actionable insights.
HES Requirement – All Jobs
- Supports the site HES policy and complies with all regulatory and internal requirements
- Participates in HES activities provided by site management and Arkema Inc. (e.g., Behavioral Base Safety, SafeStart, etc.)
- Supports and promotes the reporting of all health, safety, environmental, near-miss, accident or injury incidents
Physical Demands/Working Conditions
- This role is primarily performed in a professional office environment (onsite or hybrid).
- The role routinely uses standard office equipment such as computers, phones, and printers.
- Must be able to remain in a stationary position (sitting or standing) for extended periods.
- Requires frequent use of hands/fingers to operate a computer keyboard, mouse, and other office tools.
- Occasional lifting of materials or equipment up to 10 pounds.
- May require occasional extended hours or schedule flexibility during peak planning cycles (e.g., year-end or compensation reviews).
- Some travel may be required for team meetings, trainings, or conferences.