Compensation Analyst

Compensation Analyst

MSC USA - New York

70,000.00 - 80,000.00 USD

Job Summary

Serve as the analytical engine for all core compensation processes – annual compensation review, bonus allocation, promotions, and budgeting – by delivering rigorous data analysis, market research, and executive-ready reports, under the guidance of the Compensation Manager. Maintain & expand the job description library. Contribute to people analytics projects that strengthen the pay & talent decisions.

Key Responsibilities

Compensation Cycle Management

• Support the end-to-end compensation processes under the guidance of the Compensation Manager, ensuring all analyses, models, and reports are completed accurately and on schedule.

• Data Preparation & Validation – Extract, cleanse, and validate employee data for annual merit, incentive, and promotion processes, guaranteeing accuracy before calculations begin.

• Compensation Cycle Monitoring & Issue Resolution – Track real-time cycle progress, reconcile discrepancies (e.g., missing approvals, data errors), and escalate risks promptly to maintain timeline integrity.

• Post-Cycle Analysis – Consolidate results into executive-ready reports and narrative summaries that highlight spend versus budget, and insights for continuous improvement.

• Ad-Hoc & Periodic Reporting – Produce targeted and recurring reports— e.g. range penetration, compa-ratio distributions, exceptions —translating findings into clear, data-driven recommendations

• Ongoing Budget Support – Assist the Compensation Manager to construct and validate annual compensation budgets, monitor actual expenditures, and flag variances with root-cause commentary.

Market Benchmarking & External Research

• Conduct extensive market research – drawing on multiple surveys, labor-market reports, and other validated sources – to match internal roles to appropriate external benchmarks.

• Identify pay trends and correlate them with talent trends such as turnover, vacancy rates, and hiring difficulty.

Job Descriptions

• Prepares, maintains, and standardizes job descriptions; ensures descriptions accurately reflect the work being performed by employees.

• Periodically reviews the job descriptions to ensure they are compliant and still relevant to the position.

Compensation Process Improvements

• Documents end-to-end compensation workflows, recommends efficiency enhancements, and implements data-quality checks.

• Safeguard the confidentiality of and accuracy of sensitive compensation data and monitors relevant regulatory developments.

People-Analytics

• Contributes to targeted studies – e.g. turnover analysis, internal mobility trends, and translates the findings into clear, actionable recommendations and compelling, executive-ready visuals.

• Works cross-functionally with other teams (e.g. HR Operations; Data Analytics) on projects related to improving data integrity.

• Performs other related duties as assigned.

Qualifications & Key Competencies:

Required Education, Experience & Skills

• Bachelor’s degree in Human Resources, Business, Finance, Industrial/Organizational Psychology, or related fields, or equivalent experience

• At least 3 years of experience in compensation or total rewards, as part of an internal department or on vendor-side

• Proficient in Microsoft Excel (e.g. formulas, pivots, charts, v-lookups)

• Advanced data visualization skills

• Knowledge of job evaluation methodologies and market pricing

• Knowledge of federal, state and local laws affecting HR and compensation

• Strong numerical, analytical, research and problem-solving skills

• Interest and ability to learn new methodologies and platforms

• Excellent attention to detail and ability to work with large amounts of confidential data

Preferred Skills

• Experience in other HR areas – especially People Analytics

• Certified Compensation Professional (CCP) designation or working towards obtaining it

What We Offer

• Health Insurance
  
• Dental & Vision Insurance
  
• Life Insurance: one-time annual salary up to $50,000
  
• Long Term Disability Insurance
  
• Paid Parental Leave
• Business Travel Insurance
  
• Flexible Spending Accounts - (Health, Dependent Care, Transit/Parking)
  
• Supplemental Life, Accident, Critical Illness and Hospital Indemnity Plans

You will also have access to additional benefits, effective day one:

• Short Term Disability Insurance
• 401K Plan – 3% Safe Harbor Contribution with option for additional 3% employer match.
• Wellness Program initiatives / Free MSC Partner Subscriptions with Calm
• Partner Discount Programs with MSC Cruises, Apple, Dell, Nissan, Whirlpool, AT&T, Pets Best and others.

About Mediterranean Shipping Company (MSC)

Mediterranean Shipping Company (MSC), headquartered in Geneva, Switzerland, is a global leader in transportation and logistics, privately owned and founded in 1970 by Gianluigi Aponte. As one of the world’s leading container shipping lines, MSC has 675 offices across 155 countries worldwide, with the MSC Group employing over 200,000 people. The company has evolved from a one vessel operation into a globally respected business with a fleet of 800 vessels that provides timely delivery of goods and services to customers of all industries and sizes. With access to an integrated network of road, rail, air, and sea transport resources which stretches across the globe, the company prides itself on delivering global service with local knowledge. MSC’s shipping line sails on 300 trade routes and calls at 520 ports, carrying some 22.5 million TEU (twenty-foot equivalent units) annually.

Mediterranean Shipping Company (USA) Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type including but not limited to characteristics protected by federal, state or local laws.

If you need a reasonable accommodation for any part of the employment process, please contact us by email at US038-Humanresourcesusa@msc.com and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.