Compensation Analyst

About the Role

Piping Technology & Products (PT&P) is seeking a Compensation Analyst to build out our compensation function and bring more structure to how we pay our employees. You will partner closely with HR leadership, department managers, and Finance to shape pay practices across a 720-person manufacturing organization. This role offers ownership over a growing function from day one.

Responsibilities

• Market Analysis & Benchmarking: Conduct market benchmarking using CompAnalyst to evaluate the competitiveness of PT&P's pay structures. Participate in compensation surveys and track industry pay trends relevant to manufacturing. Recommend salary ranges and pay bands based on market data and internal equity.
• Compensation Administration: Lead annual compensation review cycles, including merit increases and budget planning. Analyze new hire offers to ensure alignment with internal pay ranges and market rates. Support managers and HR leadership with compensation questions and recommendations.
• Pay Equity & Compliance: Conduct regular pay equity audits to identify and help close any pay gaps. Perform FLSA classification reviews to confirm roles are properly classified as exempt or non-exempt. Stay current on compensation laws and regulations and flag any compliance risks.
• Data Analysis & Reporting: Calculate and analyze compa-ratios to monitor pay positioning across the organization. Prepare clear, accurate compensation data and reports for leadership presentations. Build and maintain models and tools to streamline compensation data analysis.
• Job Architecture & Evaluation: Evaluate jobs and assign appropriate pay grades based on scope, responsibility, and market value. Help maintain a consistent, well-organized job architecture across departments. Partner with HR and department leaders on job description updates tied to compensation changes.

Requirements

• Bachelor’s degree in Human Resources, Business, Finance, or a related field.
• 2 to 4 years of compensation analysis experience, preferably in a manufacturing environment.
• Experience with compensation survey tools (CompAnalyst preferred).
• Strong Excel and data analysis skills.
• Solid knowledge of FLSA, pay equity laws, and compensation best practices.
• CCP or PHR certification is preferred but not required.
• Experience with HRIS platforms (Paylocity preferred) is a plus.

Skills

• Strong analytical thinking and attention to detail.
• Comfortable making data-driven decisions and recommendations.
• Handles sensitive compensation data with confidentiality and discretion.
• Works well across teams and builds good relationships with HR, managers, and Finance.
• Ability to explain complex data clearly to non-experts.
• Process improvement mindset and ability to streamline workflows.
• Able to work independently and manage multiple priorities.

Benefits

We offer a dynamic work environment, competitive compensation, and opportunities for professional growth.