Senior Compensation Analyst
Listed on 2026-07-06
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HR/Recruitment
Regulatory Compliance Specialist, HR Generalist / Talent Management, HR Manager
Position Purpose
The Senior Compensation Analyst at SRS Heritage Group plays a critical role in enhancing the administration and design of comprehensive compensation programs for our business clientele. The role focuses on conducting annual benchmarking studies, ensuring compliance and competitiveness of compensation initiatives, optimizing strategies to align with market trends, and delivering insightful analytics to support effective business partnering and organizational success.
Key Responsibilities- Lead the administration and innovative design of the company’s comprehensive compensation programs, ensuring alignment with corporate objectives and compliance with regulations.
- Conduct and analyze annual compensation benchmarking studies to maintain a competitive pay structure and align with market trends.
- Evaluate and refine existing compensation policies and practices, ensuring they are cost‑effective, compliant, competitive, and promote internal equity across all business units.
- Review and validate salary adjustments, adhering to established guidelines and corporate strategy, while providing expert guidance to management on compensation decisions.
- Generate precise ad‑hoc compensation reports using advanced functions in Workday and Excel to support strategic decision‑making and regulatory compliance.
- Proactively identify and recommend opportunities for process improvement in compensation practices, supporting continuous enhancement initiatives aligned with organizational goals.
- Collaborate cross‑functionally with HR and business leaders to influence compensation‑related changes and drive effective implementation.
- Maintain superior customer service standards through exceptional communication and organizational skills, addressing compensation‑related inquiries and ensuring stakeholder satisfaction.
- Bachelor’s degree in Business, Human Resources, Accounting, Finance, or a related field.
- Minimum of 5 years’ experience administering compensation programs within a large, multi‑state organization.
- Demonstrated expertise in conducting compensation benchmarking studies.
- Proficient in analyzing compensation programs for compliance, competitiveness, and cost‑effectiveness.
- Experience overseeing the design and administration of various compensation programs (base wage, incentives, commission).
- In‑depth knowledge of applicable federal and state regulations related to compensation practices.
- Experience with compensation survey sources/vendors (e.g., Willis Towers Watson, Mercer, Payfactors).
- Advanced proficiency in Microsoft Excel and Word/PowerPoint; an Excel skills assessment may be required.
- Excellent analytical, interpersonal, communication, and organizational skills with a customer‑service orientation.
- Critical thinking, problem‑solving, prioritization, and the ability to partner effectively with business units.
- Ability to influence and drive successful organizational change initiatives.
- Certified Compensation Professional (CCP) designation is preferred but not required.
- Advanced analytical skills with statistical and data analysis techniques.
- Track record of developing and executing strategic compensation initiatives.
- Project management experience leading large‑scale compensation projects.
- Expert‑level proficiency in Workday and other compensation platforms.
- Experience with multinational organizations and global compensation practices.
- Additional certifications such as CCP or Global Remuneration Professional (GRP).
- Master’s degree in Human Resources, Business Administration, or a related field.
Occasional travel is required to support compensation programs and special projects. The role is primarily office‑based, involving prolonged periods of sitting at a desk and working on a computer. The candidate must be able to use standard office equipment and may occasionally stand, walk, bend, or lift up to 10 pounds. The position requires visiting the McKinney, TX headquarters 2–3days per week as part of a hybrid structure.
Benefits- Competitive weekly/bi‑weekly pay and discretionary bonuses.
- 401(k) with company match.
- Employee Stock Purchase Plan.
- P…
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