Compensation Analyst
Chicago, IL - USA
Job Summary
Job Description:
Job Purpose
The Compensation Analyst plays a critical role in supporting the design administration and analysis of compensation programs that enable the organization to attract retain and motivate talent. This role is responsible for salary survey participation equity administration job evaluation compensation data analysis Workday compensation administration and day-to-day support of compensation processes. This job combines strong technical project management and system administration skills.
Essential Job Functions
- Review and evaluate jobs to determine appropriate classification level pay grade and market alignment; partner with HR and managers to ensure accurate job documentation.
- Maintain survey library and compensation market data resources. Monitor survey vendor schedules and submission deadlines. Participate in compensation surveys including job matching survey data collection validation and analysis of market results to support compensation decision-making.
- Serve as a primary resource for Workday compensation processes and annual compensation cycle. Support annual compensation planning program including merit increases bonus planning incentive administration equity grants administration salary structure updates and budget analyses.
- Administer ESPP and equity programs including weekly reporting grant preparation stock release preparation and equity administration tool maintenance.
- Support the administration and maintenance of job architecture career frameworks job families and compensation structures.
- Analyze compensation data to identify market competitiveness internal equity pay compression and other compensation trends; prepare reports and recommendations for HR and business leaders.
- Conduct market pricing and benchmarking for new and existing positions using salary survey data and established compensation methodologies; provide compensation recommendations that support competitive and equitable pay practices.
- Develop maintain and distribute standard and ad hoc compensation reports dashboards and workforce analytics to support business and talent decisions.
- Ensure compensation data integrity through routine audits validation processes and ongoing maintenance of employee job and compensation records.
- Provide guidance to HR Business Partners recruiters managers and employees regarding compensation policies programs salary administration guidelines and market practices.
- Support compliance with federal state and local compensation regulations pay transparency requirements and internal governance standards; assist with audits and pay equity analyses.
- Participates in initiatives and/or other activities as required.
Skills and Qualifications
- Bachelors degree in Business Human Resources Finance or other related field required.
- 2 years of compensation experience required. Other relevant experience in HR such as HR Analytics or HRIS is a plus.
- Knowledge of applicable federal and state employment labor and wage and hour laws.
- Experience with Workday required.
- Experience with salary survey and market pricing methodologies.
- Strong analytical problem-solving and Excel skills.
- Knowledge of compensation principles and job evaluation methodologies.
- Competencies: Attention to Detail Highly Organized Strong Interpersonal Skills Teamwork/Collaboration Self-Starter Project Management Discrete Excellent Verbal and Written Communication skills Customer Service Time Management
Working Conditions
- Position may require periodic evening and weekend work as necessary to fulfill obligations. Periodic overnight travel.
- This is a hybrid role based in Xeris Chicago office and requires a minimum of three days per week in the office. On-site requirement may change at managements discretion.
#LI-Hybrid
The anticipated base salary range for this position is $78000 to $114400.
We are committed to offering competitive compensation. Starting pay is determined based on a variety of factors including the role job-related knowledge skills experience education internal equity market data and the location of the role where applicable.
Xeris Pharmaceuticals Inc. (the Company) is an equal opportunity employer and does not discriminate based on race color religion sex gender identity sexual orientation national origin age disability veteran status genetics or any other characteristic protected by law. All qualified candidates are given equal opportunity and the Companys employment selection decisions are based solely on job-related : This job description is not intended to be all-inclusive. The employee may be required to perform other related duties as needed to meet the ongoing needs of the Company.
The level of the position will be determined based on the selected candidates qualifications and experience. Final determination of the actual base salary offered depends on several factors including but not limited to the candidates skills experience education location and business needs. Employees are eligible for equity or long-term incentive awards where applicable. Field Sales role employees are eligible for a quarterly commission structure. Non-Sales role employees are eligible for an annual bonus. The Company also offers a comprehensive benefits package that includes additional elements such as paid time off benefits various health vision and dental insurance options 401(k) retirement benefits and more for eligible employees. Details about these and other offerings will be provided at the time a conditional offer of employment is made. Candidates are always welcome to inquire about our compensation and benefits package during the interview hired as temporary employees interns and preceptors are not eligible for commissions bonuses and/or long-term incentive or equity awards. Eligibility for other benefits will be based on plan documents.
Accessibility & Reasonable Accommodations
If because of a medical condition or disability you require a reasonable accommodation or assistance to complete any part of the application process please send an e-mail to and identify the type of accommodation or assistance you are requesting. Please include the job requisition number in your message. Please note if your request is not for this stated purpose you will not receive a response to your email. Do not include any medical or health information in this email.
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Required Experience:
IC
About Company
Xeris Pharmaceuticals (XERS) improves patient lives by developing and commercializing innovative, ready-to-use therapeutic medicine.