Senior Compensation Analyst

Job Summary

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The Senior Compensation Analyst is a key resource for the company’s global salary and bonus programs. This is a hands-on position that requires solid analytical skills.

Responsibilities

  • Work with Compensation Manager/Consultants on a variety of projects including program design, analysis, budgeting, and implementation of new programs
  • Conduct analysis on the company’s pay programs to ensure we maintain competitive market position.
  • Manage projects such as survey participation and data analysis
  • Develop and document procedures to streamline processes and ensure compliance with regulatory requirements and work with HR Managers to educate Managers
  • Work with HRIS and IT staff to ensure that the HRIS system meets compensation needs and is updated to reflect changes to salary structures, bonus programs, etc.
  • Assist HR Managers and Managers with compensation related issues

General compensation knowledge required including compliance with the state and federal laws that apply to the plans. Strong problem solving, communication and presentation skills. The ideal candidate will be well organized and confident to work independently but will be a strong team player.

Minimum Qualifications

  • A bachelor's degree and 7 years of professional work experience (or a master's degree and 5 years of professional work experience, or equivalent experience) is required.
  • Candidates for this position must be authorized to work in the United States on a full-time basis for any employer without restriction.
  • Visa sponsorship will not be provided for this position.

Additional Qualifications

 

  • Must be able to conduct analysis on compensation programs using metrics, monitoring trends and providing meaningful analysis.
  • Proven track record aligning the compensation program with a progressive environment and designing and delivering new programs is required.
  • Global compensation experience is preferred.
  • Specific experience with sales compensation and alternative reward programs is a plus.
  • Strong Excel knowledge, especially pivot tables and charts, with the capacity to develop complex formulas and models to identify root causes and/or data patterns.  
  • Strong MS Office skills including Word and Excel are required. PowerPoint will be useful. HRIS experience a plus.

Why MathWorks?

It’s the chance to collaborate with bright, passionate people. It’s contributing to software products that make a difference in the world. And it’s being part of a company with an incredible commitment to doing the right thing – for each individual, our customers, and the local community.

MathWorks develops MATLAB and Simulink, the leading technical computing software used by engineers and scientists. The company employs 5000 people in 16 countries, with headquarters in Natick, Massachusetts, U.S.A. MathWorks is privately held and has been profitable every year since its founding in 1984.

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The MathWorks, Inc. is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other protected characteristics. View The EEO is the Law poster and its supplement.

The pay transparency policy is available here.

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