Compensation specialist

We’re partnering with a leading financial services firm in Boston, MA, to identify a skilled Compensation Specialist to support their growing HR team. The Compensation Specialist will play a key role in administering and optimizing compensation programs, conducting market benchmarking and job evaluations, and ensuring internal equity across the organization. The role involves providing data-driven insights and recommendations on salary structures, incentive plans, and compensation strategies. The ideal candidate will bring 3–5 years of experience in compensation analysis or consulting, preferably within a complex, regulated environment such as financial services or life sciences

Responsibilities:

• Support the design, implementation, and administration of compensation programs and processes.

• Conduct market pricing and benchmarking analyses using relevant compensation survey data.

• Develop data-driven recommendations on base salaries, bonuses, incentives, and overall pay structures.

• Perform internal equity reviews and job evaluations to ensure consistency and fairness.

• Assist in managing annual compensation cycles, including merit, incentive, and equity planning.

• Prepare detailed compensation reports and analytics to inform business and HR decisions.

• Partner with HR and business leaders to ensure alignment with established compensation policies and practices.

• Collaborate with the HR reporting team to ensure accuracy and integrity of compensation data within HRIS systems.

• Support compensation-related projects, including planning, coordination, and execution.

• Provide ad hoc analysis and support as needed.

• Bachelor’s degree required

• 3-5 years of compensation experience in a highly regulated industry, with expertise in base salary and incentive compensation plan management

• Proficiency in Microsoft Excel required

• Experience with HRIS systems (Workday preferred)

• Strong knowledge of compensation laws and regulations, including FLSA

• Excellent written, verbal, interpersonal, and presentation skills

• Ability to work both independently and collaboratively

• Strong analytical, prioritization, and problem-solving skills

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