Senior Compensation Analyst

Description

The Senior Compensation Analyst designs and manages competitive, equitable compensation programs, with a strong focus on incentive plan design and analytics. This role uses advanced analytical expertise and business insight to support consistent, data-driven pay decisions. The position partners cross-functionally with leaders and HR to analyze compensation data and develop solutions aligned with business goals and organizational needs.

Here's what you can expect from the job and what you need to be successful:

Job Duties:

• Lead analysis, modeling, and administration of incentive programs, including annual bonus and incentive/commission variable pay plans
• Evaluate current incentive structures and recommend enhancements that support business objectives, ensure competitiveness, and maintain internal fairness
• Conduct job evaluations and market pricing reviews, using survey data and market insights to recommend pay ranges and job alignment
• Develop compensation models, dashboards, and reports that translate data into actionable insights for HR and business leaders
• Partner with HR Business Partners and leaders to advise on compensation matters, ensuring policies and programs are consistently understood and applied
• Manage components of the annual compensation cycle, such as bonus calculations, salary adjustments, and structure updates, ensuring accuracy and compliance
• Monitor market trends, regulatory updates, and competitive practices to inform compensation program development and mitigate risk
• Support participation in salary surveys and analyze survey outputs to maintain accurate, up‑to‑date market benchmarks
• Contribute to the design and governance of compensation guidelines, tools, and communication materials that improve understanding and decision‑making.
• Conduct advanced pay equity analytics and partner with HR to support remediation strategies
• Evaluate, propose, and implement improvements to compensation programs such as sign‑on, retention, SPOT bonuses, and incentive structures
• Serve as a system expert for the compensation management platform, lead enhancements, testing, audits, and user training
• Interpret compensation policies and provide guidance to HR and business leaders
  
  

Essential Skills:

• 4 to 6 years of experience in compensation and HR analytics, with demonstrated exposure to variable pay programs
• Solid understanding of compensation principles, including incentive plans, salary structures, job evaluation, and market pricing
• Ability to interpret data, identify trends, and clearly communicate findings to non‑HR audiences
• Experience working with HRIS and compensation systems; proficiency in pulling, cleansing, and validating data
• Excellent judgment, attention to detail, and ability to manage multiple priorities in a fast‑paced environment
• Strong partnership and communication skills with the ability to influence and support leaders across the business
• Education: Bachelor's degree in Human Resources, Business, or like field (or 4 additional years of relevant experience in lieu of a degree)
• Certification/License: CCP preferred
  
  

Location: Hillsboro Corporate Office | Hillsboro, OR 97124 (HYBRID)

Target Compensation in Hillsboro, OR: $125,000 to $140,000 annual bonus

Benefits options include:

• Traditional medical, dental, and vision coverage
• 401K matching up to 5% per pay period
• Paid Time Off: You’ll accrue up to 15 vacation days in your first year. In addition, you’ll receive 40 hours of sick time and 3 personal days, which refresh annually
• 11 paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)
  
  

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First Tech is not currently offering Visa sponsorship or transfer for this position