Total Rewards Analyst

Position Summary
The Total Rewards Analyst supports compensation, benefits, and HR analytics programs by providing data-driven insights, market analysis, and operational support. This role partners with HR, Finance, and business leaders to ensure competitive rewards programs, compliance, accurate reporting, and a positive employee experience.

Key Responsibilities

Compensation & Benefits

• Conduct market pricing, salary benchmarking, and compensation analysis.
• Support job evaluations, salary structures, pay equity reviews, and annual compensation planning.
• Analyze benefits utilization, costs, enrollment trends, and program effectiveness.
• Assist with benefit renewals, open enrollment, vendor management, and employee communications.
• Provide compensation guidance for hiring, promotions, transfers, and retention initiatives.

Analytics & Reporting

• Develop reports, dashboards, and analyses related to compensation, benefits, and workforce trends.
• Maintain HR data integrity and perform audits to ensure accuracy and consistency.
• Identify opportunities to improve processes through automation, reporting tools, and HR technology.
• Support workforce planning, budgeting, forecasting, and strategic decision-making.

Compliance & Governance

• Ensure compliance with compensation and benefits regulations and company policies.
• Support audits, reporting requirements, and documentation processes.
• Maintain confidentiality of employee and compensation data.

Business Partnership

• Partner with HR, Finance, Talent Acquisition, and business leaders to provide actionable insights and recommendations.
• Support special projects including pay equity, organizational changes, HR technology implementations, and workforce planning initiatives.

Qualifications

Required

• Bachelor's degree in HR, Finance, Business, Economics, Analytics, or related field.
• 3-5 years of experience in Total Rewards, Compensation, Benefits, HR Analytics, or a related discipline.
• Strong analytical and problem-solving skills.
• Advanced Microsoft Excel skills.
• Experience with HRIS, compensation, or benefits administration systems.
• Ability to communicate data and recommendations to diverse stakeholders.

Preferred

• Experience with enterprise HR platforms and reporting tools (e.g., HRIS, Power BI).
• Background in compensation planning, pay equity analysis, benefits administration, or workforce analytics.
• Professional certifications such as CCP, CBP, CEBS, SHRM, PHR, or SPHR.