Senior Compensation Analyst
Bentley Systems · Exton, PA · 1 mo ago
Human ResourcesFull-time
Responsibilities
- Collect, analyze, and interpret market data to assess internal equity, external competitiveness, and pay trends.
- Formulate recommendations for pay range adjustments, pay differentials, and job family alignment.
- Perform formal job evaluations using established methodology to determine proper job levelling, job family classification, pay range, and FLSA exemption status.
- Maintain the Company’s job architecture catalog, ensuring consistency in levelling and pay structures across business units.
- Participate in annual and specialized compensation surveys (e.g., Mercer, Willis Towers Watson).
- Conduct ad-hoc market pricing requests for recruiting, talent retention, and organizational restructures.
- Support the planning, preparation, and execution of annual merit increases, promotional budgets, and annual and quarterly bonus/incentive distributions.
- Prepare audit reports and data validation files prior to and during the cycles to ensure accuracy of compensation inputs.
- Aid in the preparation of guidelines, training, and troubleshooting support for managers and HR.
- Assist in configuring and updating Workday Compensation components, including job profiles, compensation plans, eligibility rules, and compensation packages.
- Partner with HR Technology teams during Workday release updates and compensation cycle setup (e.g., Merit process configuration, business process adjustments).
- Perform user acceptance testing (UAT) for system enhancements, new compensation plans, or workflow changes.
- Ensure underlying compensation data integrity in Workday through regular audits and system updates.
- Aid in the creation of custom Workday compensation reports and dashboards to support data-driven decision-making.
Qualifications
- Education & Experience: Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field (or equivalent practical experience); 5 years of progressive experience in compensation analysis, market benchmarking, and total rewards administration; experience working for a public company with compensation coverage across multiple countries is preferred; Certified Compensation Professional (CCP) designation or working toward certification.
- Technical & System Skills: Hands-on experience with Workday Core Compensation module; basic to intermediate familiarity with business processes, compensation eligibility rules, and custom reporting; proficiency with compensation survey tools and platforms (e.g., Payscale); proficiency in Microsoft Excel (VLOOKUP/XLOOKUP, Pivot Tables, conditional formulas).
- Core Competencies & Soft Skills: Strong analytical, quantitative, and problem-solving skills with high attention to detail; excellent interpersonal and communication skills, with the ability to convey complex compensation concepts to managers and HR partners; strong organizational skills and the ability to handle multiple priorities in a fast-paced environment.