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Compensation Analyst

2 months ago

Draper, United States BambooHR Full time
Job DescriptionJob Description

Please Note: This is a remote position available in the state(s) listed on this job.

Essential Job Duties

As a Compensation Analyst at BambooHR, you'll have the unique opportunity to make a real, visible impact as we scale our compensation strategy and structures. You'll work closely with our Senior Compensation Analyst to ensure compensation at BambooHR is both market competitive and internally equitable. You'll do this through analyzing detailed market data, creating scalable processes, and partnering across the organization to implement new strategies.

If you've been itching to be part of a rapidly growing organization where people matter, well then you just might have bumped into your dream compensation role

In your day-to-day work, you will:

  • Participate in and gather data from market-based compensation surveys
  • Benchmark jobs against market data to determine competitive compensation ranges for new positions
  • Analyze and manipulate pay data to find trends and propose new strategies
  • Transform data findings into actionable summaries and insights for leaders and departments
  • Conduct job evaluations and maintain accurate job descriptions for various roles
  • Provide guidance to managers on compensation-related matters, including job offers and other pay decisions
  • Prepare for and execute merit and promotion cycles (alongside our Finance team and Senior Compensation Analyst)
  • Contribute to ad-hoc projects as needed (e.g., compensation training, job titling, improving compensation planning processes, etc.)

What You Need to Get the Job Done

  • Experience: You have 2-5 years of experience as a compensation analyst, with a bachelor's degree in a business or analytical field.
  • Compensation Knowledge: You've built foundational understanding of compensation best practices - including benchmarking, compensation surveys, market competitiveness, internal equity, and merit and promotion cycles.
  • Excel Skills: You have excellent Excel/Google Sheets skills (some might say it's "off the charts"—pun intended).
  • Analytical Skills: You know how to gather, manipulate, and analyze data to arrive at actionable insights.
  • Collaboration: Relationship building is your thing. You're able to develop and maintain trusting partnerships across the whole organization.
  • Accountability: You have a strong sense of accountability. You meet deadlines, pivot quickly, and can navigate shifting priorities.
  • Communication: You've navigated pay conversations with employees in past roles and can deliver difficult messages with professionalism.
  • Location: You are located in the state of Utah.

What Will Make Us REALLY Love You

  • You have skills in coding or automation (python, mySQL, Google Apps Script, etc.)
  • You are a Certified Compensation Professional (CCP)
  • You have compensation experience in a growing tech/SaaS company
  • You've used Radford as a compensation survey tool

What You'll Love About Us

  • Great Company Culture. We've been recognized by multiple organizations like Inc, Salt Lake Tribune, Glassdoor, & Comparably for our great workplace culture.
  • Make an Impact. We care about your individuality by giving you freedom to grow and create within the company, regardless of your position.
  • Rest and Relaxation. 4 weeks paid time off, 11 paid holidays, and we pay you to go on vacation (ask us about this)
  • Health Benefits. Medical with HSA and FSA options, dental, and vision.
  • Prepare for the Future. 401(k) with a generous company match, access to a personal financial planner, and both legal and life insurance.
  • Financial Peace University. We pay for a one year subscription and you walk away with financial savvy and a bonus.
  • Give back. Get paid to give your time to the community: ask us about this
  • Educational Benefits. Whether you are a previous student, or currently enrolled in higher education, we can help cover some of those expenses.
  • Amazing Office Amenities. We've got incredible benefits at our Draper headquarters including a full size gym, pickleball courts, a great office cafe, and free fountain drinks Ask us more about our office
  • In-Person Onboarding All new hires get to experience our in-person onboarding class, Bamboo Beginnings, at our Draper, UT headquarters Ask us more about Bamboo Beginnings
  • Flexible Work Models. In-office, work-from-home, or hybrid, depending on position and location.#LI-Remote

About Us

Our mission is simple: we want to set people free to do meaningful work. People love our software—and it turns out that people love working here too. We've been recognized as a "Best Company to Work For" and we're proud of our team for creating software that makes an impact in the lives of HR pros and employees all over the world.

BambooHR is committed to the full inclusion of all qualified individuals and will ensure that persons with disabilities are provided reasonable accommodations throughout the hiring process. If you would like to request accommodations, please let your recruiter know.

BambooHR is An Equal Opportunity Employer--M/F/D/V
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