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Compensation Analyst Jobs in Indiana (NOW HIRING)

TEGNA Inc.

Sr Compensation Analyst

Indianapolis, IN · Hybrid

$79.30K - $103.20K/yr

Senior Compensation Analyst Location: Indianapolis, IN (Hybrid - 2 days/week at WTHR office) Reports to: Director, HR Operations & Technology TEGNA is looking for a Senior Compensation Analyst who ...

Robert Half

Sr. Compensation Analyst

Indianapolis, IN · On-site

$90K - $100K/yr

We are looking for an experienced Sr. Compensation Analyst to support compensation programs and provide data-driven guidance that helps maintain competitive and equitable pay practices. This role ...

TEGNA Inc.

Sr Compensation Analyst

Indianapolis, IN · On-site

$79.30K - $103.20K/yr

Senior Compensation Analyst Location: Indianapolis, IN (Hybrid - 2 days/week at WTHR office) Reports to: Director, HR Operations & Technology TEGNA is looking for a Senior Compensation Analyst who ...

JD Sports Fashion

Senior Compensation Analyst

Indianapolis, IN · On-site

$79.30K - $103.20K/yr

The Sr. Compensation Analyst is a key role within the JD North America People Regional Business Services model. The Regional Business Services function is responsible for supporting all US businesses ...

Zimmer Biomet

Sales Compensation Analyst

Warsaw, IN

What You Can Expect The Sales Compensation Analyst is highly analytical with an eye for process improvement and attention to detail. In this role you will partner with senior Sales, Finance and HR ...

Pro Mach

Compensation Manager

Indianapolis, IN

Are you passionate about compensation strategy, data analysis, and helping organizations attract and retain top talent? We're seeking a Compensation Manager to join our HR/Compensation and Benefits ...

Duluth Trading Company

$105K - $140K/yr

Analyze HR and compensation data to generate insights, forecasts, and reports on compensation trends and program costs. * Respond to employee compensation inquiries and resolve issues in a timely ...

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Compensation Analyst information

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$18

$37

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How much do compensation analyst jobs pay per hour?

As of May 29, 2026, the average hourly pay for compensation analyst in Indiana is $37.08, according to ZipRecruiter salary data. Most workers in this role earn between $29.76 and $42.07 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.

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 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 Compensation Analysts?

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 job makes $10,000 a month without a degree?

A Compensation Analyst typically does not earn $10,000 a month without a degree, as the role usually requires a bachelor's degree in finance, business, or related fields. However, some high-paying sales, real estate, or entrepreneurial roles can reach or exceed this income level through commissions and experience. Success in such roles often depends on skills, network, and performance rather than formal education alone.

Will compensation analysts be replaced by AI?

Compensation analysts perform tasks such as analyzing pay structures and market data, which can be supported by AI tools for data processing and reporting. However, their role also involves strategic decision-making, interpretation, and stakeholder communication that currently require human judgment, making full replacement unlikely in the near term.

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.

More about Compensation Analyst jobs
What are the most commonly searched types of Compensation Analyst jobs in Indiana? The most popular types of Compensation Analyst jobs in Indiana are:
What are popular job titles related to Compensation Analyst jobs in Indiana? For Compensation Analyst jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Compensation Analyst jobs in Indiana look for? The top searched job categories for Compensation Analyst jobs in Indiana are:
What cities in Indiana are hiring for Compensation Analyst jobs? Cities in Indiana with the most Compensation Analyst job openings:
What are popular job titles related to Compensation Analyst jobs in IN? For Compensation Analyst jobs in IN, the most frequently searched job titles are:
Compensation Analyst jobs near you
Sr Compensation Analyst

Sr Compensation Analyst

TEGNA Inc.

Indianapolis, IN • Hybrid

$79.30K - $103.20K/yr

Other

Posted 27 days ago

TEGNA rating

6.5

Company rating: 6.5 out of 10

Based on 39 frontline employees who took The Breakroom Quiz

49th of 64 rated media

Job description

Senior Compensation Analyst
Location: Indianapolis, IN (Hybrid - 2 days/week at WTHR office)
Reports to: Director, HR Operations & Technology
TEGNA is looking for a Senior Compensation Analyst who can do more than run numbers-you'll help shape how we pay, reward, and retain talent across the organization. This role sits at the intersection of compensation strategy, analytics, and HR technology, and plays a key part in driving smarter, data-informed decisions.
You'll partner closely with HR, Finance, and business leaders to design, analyze, and improve compensation programs that are competitive, scalable, and aligned to business outcomes. If you like digging into data, challenging assumptions, and actually influencing decisions (not just reporting on them), this is your lane.
What you'll do
Lead administration and analysis of base pay, annual incentive, and equity programs
Evaluate and price jobs using market data and internal benchmarks; provide clear, actionable recommendations
Own and evolve our equity program, including award modeling, administration, communications, and vendor management
Manage salary surveys and translate market data into insights on pay positioning and competitiveness
Build and deliver compensation analyses, dashboards, and reporting to support leadership decision-making
Enhance and maintain compensation and HR dashboards in Power BI
Partner with HRBPs and leaders to solve real business problems-not just answer comp questions
Improve processes, simplify workflows, and find ways to make compensation operations more efficient and scalable
Stay current on compensation trends, regulations, and best practices-and apply them pragmatically
Collaborate across Payroll, Benefits, Finance, Legal, IT, and TA Operations on cross-functional initiatives
What you bring
5-8 years of experience in compensation, HR analytics, or related field
Strong analytical mindset-you're comfortable with data, but more importantly, you know what matters
Advanced Excel skills (if you love messy datasets, even better)
Experience with HR systems and reporting tools (UKG, Cognos, or similar)
Power BI experience preferred
Working knowledge of compensation-related regulations (FLSA, pay equity, etc.)
Ability to operate independently, prioritize effectively, and move work forward without hand-holding
Strong communication skills-you can translate complex analysis into clear business recommendations
Curiosity and a bias for improving how things work
Why this role
You'll have visibility, influence, and the opportunity to help modernize how compensation works at TEGNA-especially as we continue to lean into analytics, automation, and smarter decision-making across HR.

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