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Compensation Analyst Jobs in Arizona (NOW HIRING)

Analyst, Alt Investments

Tempe, AZ · On-site

$41K - $61K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Excellent oral and written communication skills are required Functional / Industry Knowledge is required Analytical and problem solving skills are required Technically sound in area of expertise and ...

Director of Compensation

Scottsdale, AZ · On-site

$185K - $200K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Prepare compensation analyses, scenarios, and materials for executive leadership and, where applicable, compensation committee review. * Partner with Finance and Legal on executive agreements ...

Senior Director of Compensation

Tempe, AZ · On-site

$121K - $166K/yr

Maintain the Market Analysis Tool (salary.com) and conduct Market Data Analysis * Oversee the administration of all compensation programs, ensuring operational efficiency and effectiveness, including ...

Director, Compensation - North America

Scottsdale, AZ · On-site

$125K - $172K/yr

Support pay equity analysis, compensation governance initiatives, and executive compensation analysis as needed. * Use workforce analytics, compensation surveys, and market data to evaluate ...

Senior Director of Compensation

Tempe, AZ · On-site

$121K - $166K/yr

Maintain the Market Analysis Tool (salary.com) and conduct Market Data Analysis * Oversee the administration of all compensation programs, ensuring operational efficiency and effectiveness, including ...

The Compensation/Benefits Specialist supports the design, administration, and continuous ... Through data analysis, market benchmarking, and reporting, this role helps ensure Troon's total ...

FP&A Analyst

Mesa, AZ · On-site +1

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Analyze financial data including revenue, expenses, AR aging, compensation and margin reports to support strategic initiatives * Monitor and report on key performance indicators (KPIs), such as Days ...

FP&A Analyst

Mesa, AZ · On-site +1

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Analyze financial data including revenue, expenses, AR aging, compensation and margin reports to support strategic initiatives * Monitor and report on key performance indicators (KPIs), such as Days ...

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FP&A Analyst

Scottsdale, AZ · On-site

$90K - $110K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

Analyze financial data including revenue, expenses, AR aging, compensation and margin reports to support strategic initiatives * Monitor and report on key performance indicators (KPIs), such as Days ...

$28.47 - $44.61/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Provider Compensation and Financial Analyst Work Schedule for this Position: Monday - Friday, 8am - 5pm or similar. Must work in office regularly (non-negotiable), hybrid option only as needed and at ...

FP&A Analyst

Mesa, AZ · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Analyze financial data including revenue, expenses, AR aging, compensation and margin reports to support strategic initiatives * Monitor and report on key performance indicators (KPIs), such as Days ...

Showing results 21-40

Compensation Analyst information

See Arizona salary details

$18

$36

$55

How much do compensation analyst jobs pay per hour?

As of Aug 15, 2026, the average hourly pay for compensation analyst in Arizona is $36.31, according to ZipRecruiter salary data. Most workers in this role earn between $29.13 and $41.20 per hour, depending on experience, location, and employer.

What does a compensation analyst do?

A compensation analyst works in Human Resources focusing on the analysis of employee salaries and benefits to ensure both are fair. The compensation analyst looks at each role and performs an analysis of similar positions both inside and outside of the company to determine the amount of pay a candidate should receive for their work. They provide the figures to upper management to budget for a new employee or plan their financial goals for the year. Their duties include meeting federal guidelines for worker’s compensation, building pay structures for their employer, and reviewing existing salaries.

Is a compensation analyst a good job?

A compensation analyst is a professional responsible for analyzing salary structures, benefits, and pay practices within organizations. The role typically requires strong analytical skills, knowledge of compensation laws, and proficiency with data tools like Excel or HRIS systems. It can offer stable employment, opportunities for advancement, and a competitive salary, especially with experience and relevant certifications.

What is a compensation analyst?

Compensation Analysts are human resources professionals who research, analyze, and develop an organization's pay structures and compensation programs. They ensure that salaries, bonuses, and benefits are competitive and comply with legal standards. Their work involves conducting market salary surveys, evaluating job positions, and making recommendations to attract and retain employees. Compensation Analysts play a critical role in balancing organizational goals with employee satisfaction.

What are the key skills and qualifications needed to thrive as a compensation analyst, and why are they important?

To thrive as a Compensation Analyst, you need strong analytical skills, attention to detail, and a solid understanding of compensation principles, often supported by a degree in human resources, finance, or a related field. Familiarity with HRIS systems, advanced Excel functions, and compensation management software like PayScale or MarketPay is typically required. Exceptional communication, problem-solving abilities, and discretion with sensitive data are important soft skills that set top performers apart. These skills and qualities are crucial for ensuring fair, competitive, and legally compliant compensation practices that attract and retain talent.

What is the difference between Compensation Analyst vs Benefits Analyst?

AspectCompensation AnalystBenefits Analyst
Required CredentialsBachelor's degree in HR, Business, or related field; certifications like CCP or CBPBachelor's degree in HR, Business, or related field; certifications like CBP or CEBS
Work EnvironmentCorporate HR departments, consulting firms, or government agenciesCorporate HR teams, insurance companies, or government agencies
Employer & Industry UsageUsed across industries to develop compensation structuresUsed to manage employee benefits programs and compliance
Comparison FocusAnalyzing salary data, pay structures, and market trendsManaging health, retirement, and other employee benefits

While both roles are vital in HR, Compensation Analysts focus on salary structures and pay equity, whereas Benefits Analysts specialize in employee benefits programs. Both roles often collaborate but serve distinct functions within organizations.

What are some typical challenges compensation analysts face when ensuring pay equity across an organization?

Compensation Analysts often encounter challenges such as navigating complex pay structures, managing large volumes of sensitive salary data, and staying current with evolving regulations on pay equity. They must balance internal fairness with external market competitiveness while addressing potential discrepancies in pay based on job roles, experience, and location. Additionally, collaborating with HR, finance, and leadership teams to implement equitable compensation strategies requires strong communication and data analysis skills.

What are the most commonly searched types of Compensation Analyst jobs in Arizona?

The most popular types of Compensation Analyst jobs in Arizona are:

What cities in Arizona are hiring for Compensation Analyst jobs?

Cities in Arizona with the most Compensation Analyst job openings:

Infographic showing various Compensation Analyst job openings in Arizona as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 15% Part Time, and 3% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $75,530 per year, or $36.3 per hour.

Analyst, Alt Investments

Northern Trust

Tempe, AZ • On-site

$41K - $61K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 21 days ago


Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz


Job description

About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Major Duties :1. Focuses on resolution of complex transactions, where expertise is required to interpret policies, guidelines and/or processes
2. Full ownership for one or more processes, reports and/or procedures
3. Analytically and procedurally competent, emerging as an expert in a specific skill set but remains focused primarily on daily execution
4. Carries out complex activities with significant financial, client, and/or internal business impact
5. May have direct interaction with committees and/or Senior Management
6. Able to serve as a key subject matter expert and mentor to other more junior level employees
7. Delivers a work product that requires less revision
8. Able to facilitate discussions and reach decisions
Knowledge :Excellent oral and written communication skills are required
Functional / Industry Knowledge is required
Analytical and problem solving skills are required
Technically sound in area of expertise and has broader knowledge of other areas
Experience :A College or University degree and/or some relevant work experience is preferred
Related Industry qualification / or studying towards, is preferred
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)
Salary Range:
$41,040 - 61,560 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.

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