Sr Compensation Analyst

How you can make a difference

The Senior Compensation Analyst is responsible for supporting the design and administration of HealthEquity's compensation programs. This role includes conducting market analysis and using market data to make recommendations that will support pay structure design. This role requires strong analytical skills, attention to detail, and the ability to collaborate with the People team, finance, and leadership teams to ensure team members are compensated fairly and competitively.

What you'll be doing

Assist in designing and implementing compensation structures, including salary bands, job grading, and incentive plans.
• Maintains accurate job descriptions. Reviews requests for new or revised job descriptions to determine appropriate market benchmark.
• Participates in compensation surveys to collect and analyze competitive salary information to determine company's competitive position.
• Supports the end to end annual focal compensation planning process.
• Assist in team member education regarding compensation philosophy, pay structures, and total rewards programs.
• Ensure compliance with federal, state, and local employment laws related to compensation, including FLSA, pay transparency laws, and equal pay regulations.
• Reviews proposed salary adjustments for conformance to established guidelines, policies, and practices.
• Participates in the configuration, testing, and implementation of the compensation administration system.
• Maintain accurate compensation data within HRIS and payroll systems.
• Support Saes Compensation Calculation and Processing

What you will need to be successful

• Bachelor's degree in human resources, accounting/finance, or a business-related field.
• 5+ years of work experience including compensation analysis, salary administration, and job evaluation/market analysis
• Strong knowledge of HRIS systems, payroll, and compensation administration tools.
• Analytical skills to work with large amounts of data; ability to see through the data and analyze it to find conclusions.
• Outstanding interpersonal, verbal, and written communication skills.
• Comprehensive understanding of the design, implementation and administration of compensation practices and programs and HR technology applications.
• Ability to maintain a high level of confidentiality.
• Must have strong attention to detail and accuracy, and strong organizational, prioritization, and multi-tasking skills.
• Ability to effectively organize, structure, and prepare data.
• Advanced computer skills, including MS Office Suite and Human Resources Information Systems.
• Knowledge of all federal, state, and local regulations and compliance requirements related to employee compensation.
• Familiarity with compensation frameworks, salary benchmarking tools (e.g., Mercer, Radford, WTW), and job evaluation methods.
• Certified Compensation Professional (CCP) or SHRM-CP/PHR certification, a plus

#LI-Remote

This is a remote position.

The actual compensation offer is determined based on job-related knowledge, education, skills, experience, and work location. This position will be eligible for performance-based incentives as part of the total compensation package, in addition to a full range of benefits including:

• Medical, dental, and vision

• HSA contribution and match

• Dependent care FSA match

• Uncapped paid time off

• Paid parental leave

• 401(k) match

• Personal and healthcare financial literacy programs

• Ongoing education& tuition assistance

• Gym and fitness reimbursement

• Wellness program incentives

HealthEquity has a vision that by2030 we will make HSAs as wide-spread and popular as retirement accounts. We are passionate about providing a solution that allows American families to connect health and wealth. Join us and discover a work experience where the person is valued more than the position. Click here to learn more.

HealthEquity, Inc. is an equal opportunity employer, and we are committed to being an employer where no matter your background or identity - you feel welcome and included. We ensure equal opportunity for all applicants and employees without regard to race, age, color, religion, sex, sexual orientation, gender identity, national origin, status as a qualified individual with a disability, veteran status, or other legally protected characteristics. HealthEquity is a drug-free workplace. For more information about our EEO policy, or about HealthEquity's applicant disability accommodation, drug-free-workplace, background check, and E-Verify policies, please visit our Careers page.

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