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Overview

The Compensation Analyst is responsible for designing, executing, and sustaining the compensation framework at isolved, encompassing salary structures, job levels, and merit increase processes. This position acts as a strategic analytical collaborator with HR leadership, Finance, and HR Business Partners, transforming market intelligence and internal analyses into justifiable pay decisions. The role involves creating tools, models, and frameworks fostering consistent, competitive, and equitable talent management.

Core Responsibilities

Develop and implement salary bands across departments and levels based on market data to form the foundation of the company's compensation structure.
Manage the entire merit increase cycle, including budget planning, manager support, approval processes, payroll reconciliation, and subsequent analysis.
Create and update job leveling and titling systems that support pay equity, career progression, and standardized hiring decisions.
Lead participation in compensation surveys, job matching, and competitive benchmarking using tools like Radford, Mercer, or CompAnalyst, translating insights into actionable strategies.
Conduct pay equity audits, identify disparities, suggest corrective actions, and monitor improvements over time.
Design compensation-related models, dashboards, offer tools, and reporting systems to aid HR, Finance, and Recruiting in making data-driven decisions.
Explore and deploy AI and automation solutions to enhance speed, precision, and efficiency in compensation benchmarking and reporting.
Work closely with HR Business Partners, Finance, Legal, and Recruiting teams to support pay-related decisions throughout the employee lifecycle.

Qualifications

Bachelor's degree in Human Resources, Business, Finance, or related disciplines, or equivalent experience.
Minimum of 3 years in compensation, HR analytics, or total rewards field, with proven experience managing full compensation planning cycles and program design.
Proficient in creating salary structures and job frameworks beyond just administering existing ones.
Hands-on experience with full merit cycle processes, including budgeting, implementation, and payroll reconciliation.
Strong analytical capabilities and advanced Excel modeling expertise to develop compensation models and interpret results clearly.
Familiarity with market benchmarking platforms such as Radford, Mercer, CompAnalyst, or PayScale.
Experience working with HRIS systems to extract, verify, and manipulate compensation data.
Discretion handling confidential information and excellent communication skills for cross-functional collaboration.

Preferred Additional Skills

Experience within SaaS, Human Capital Management, or private equity-backed technology companies.
Knowledge of designing incentive or variable pay programs.
Understanding of pay equity analysis tools and techniques.
Professional credentials in HR or compensation (e.g., CCP, PHR, SHRM-CP).
Practical experience leveraging AI tools in analytics or compensation tasks.
Familiarity with isolved People Cloud, Workday, or similar HCM software platforms.

Working Conditions & Logistics

This role generally requires extended periods at a workstation with computer use.
Ability to lift items up to 15 pounds is necessary.
Up to 15% domestic travel may be part of the job requirements.
Position is remote, aligned with EST or CST time zones.
Candidates must possess legal authorization to work in the United States.

About isolved

isolved is a leader in employee experience, offering intuitive, people-centric Human Capital Management technology utilized by over five million employees and 145,000 employers. The isolved People Cloud platform integrates talent management, HR/payroll, workforce management, and engagement to enhance productivity and reduce risks. The company values diversity and equal employment opportunity and fosters an inclusive meritocratic culture emphasizing talent and expertise.

Compensation Analyst