Compensation Analyst

Merrick is seeking a detail-oriented professional to support compensation analysis and administration, including market pricing, salary structure management, job evaluations, annual compensation planning, reporting, and internal equity analysis. This role also supports benefits and retirement administration, such as billing, reconciliation, 401(k), and the Employee Stock Ownership Plan (ESOP).

Responsibilities

Compensation – approximately 75%

• Conduct market pricing, benchmark jobs, participate in compensation surveys, and maintain accurate job-matching and market-pricing data.
• Support salary structures, job classifications, job descriptions, job evaluations, FLSA classifications, and salary range recommendations.
• Analyze compensation data to assess market position, internal pay equity, compensation trends, and areas requiring attention or action.
• Support annual merit, promotion, market adjustment, and incentive compensation processes.
• Prepare compensation reports and analysis for Total Rewards, HR, and business leaders.
• Partner with HR Business Partners and Talent Acquisition on new positions, promotions, hiring decisions, and compensation questions.
• Support compensation policies, documentation, pay transparency requirements, compliance activities, and process improvements.

Benefits & Retirement – approximately 25%

• Act as backup support for administration of employee benefit and retirement programs, including eligibility, employee questions, reporting, audits, vendor coordination, and data accuracy.
• Review and reconcile benefit vendor invoices, eligibility information, and payroll deductions; partner with our Benefits Partner to research and resolve discrepancies.
• Assist with annual benefit enrollment, vendor implementations, testing, data reconciliation, and other Total Rewards projects as needed.
• Partner with Payroll, HRIS, Finance, and vendors to maintain accurate employee and program data.

Requirements

• Bachelor’s degree in human resources, business, finance, accounting, or a related field, or equivalent relevant experience.
• One to three years of experience in compensation, finance, HR analytics, or a related field.
• Strong analytical, Excel, data accuracy, organization, judgment, and problem-solving skills.
• Ability to communicate clearly and collaborate with HR, Payroll, Finance, leaders, and external vendors.
• Knowledge of compensation-related regulations, including FLSA and pay transparency requirements.
• Must be eligible to work in the United States without sponsorship.

Qualifications

• Experience with compensation analysis, market pricing, salary surveys, compensation administration, HRIS, or market-pricing tools.
• Local candidates strongly preferred.

Benefits

• Employee Ownership – All eligible U.S. employees participate in our Employee Stock Ownership Plan (ESOP), sharing in the company’s success.
• Comprehensive Compensation & Benefits – Competitive compensation and benefits package including health insurance, dental and vision coverage, and paid time off (PTO).
• Robust Referral Program – Earn incentives for referring top talent to join our team.
• Performance Reviews – Annual reviews to recognize contributions and support career growth.
• Professional Development – Access to ongoing training and development opportunities to build your skills and advance your career.
• Employee Recognition – Formal programs to celebrate achievements and outstanding performance.
• Peer Mentor Program – Get support and guidance through structured mentorship opportunities.
• And More – Additional programs and benefits designed to support your success and well-being.