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Compensation Analyst Jobs in Indiana (NOW HIRING)

HR Data Analyst / Compensation & Benefits Analyst (Contract) Indianapolis, IN Full-Time | On-Site | Contract Through Year-End with Potential Extension Are you an Excel power user with experience in ...

HR Data Analyst / Compensation & Benefits Analyst (Contract) Indianapolis, IN Full-Time | On-Site | Contract Through Year-End with Potential Extension Are you an Excel power user with experience in ...

Total Rewards Manager

Merrillville, IN · On-site

$78K - $105K/yr

If you're a Total Rewards Manager, Compensation Analyst, Benefits Analyst, or HR analytics professional looking for Total Rewards manager jobs in Merrillville, Indiana or senior HR compensation and ...

Compensation & Benefits Manager

Indianapolis, IN · On-site

$76K - $102K/yr

SUMMARY The Compensation & Benefits Manager is responsible for the design, development ... HR Systems & Analytics • Partner with HR, Payroll, and Finance to outline the technology roadmap ...

Compensation & Benefits Manager

Indianapolis, IN · On-site

$76K - $102K/yr

Analyze internal pay equity and external market competitiveness. Ensure compliance with applicable pay regulations. Prepare executive compensation recommendations and analyses. Job Architecture ...

Compensation & Benefits Manager

Indianapolis, IN · On-site

$76K - $102K/yr

Analyze internal pay equity and external market competitiveness. * Ensure compliance with applicable pay regulations. * Prepare executive compensation recommendations and analyses. Job Architecture

Showing results 21-40

Compensation Analyst information

See Indiana salary details

$18

$37

$56

How much do compensation analyst jobs pay per hour?

As of Aug 10, 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.

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 Indiana? The most popular types of 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:
Infographic showing various Compensation Analyst job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 17% Part Time, and 3% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $77,125 per year, or $37.1 per hour.

Senior Compensation Consultant

Allied Solutions LLC

Carmel, IN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 24 days ago


Allied Solutions rating

7.9

Company rating: 7.9 out of 10

Based on 11 frontline employees who took The Breakroom Quiz

181st of 304 rated insurance


Job description

The Senior Compensation Consultant serves as a subject matter expert on the Compensation team with a focus on implementing and administering compensation programs and providing consultation on compensation-related matters to client groups and HR team members. This role participates in the design and implementation of comprehensive compensation strategies aligned with the organization's goals and industry standards.Job Duties and Responsibilities:

Compensation Analysis (20%)

  • Oversee job evaluations for client groups to establish and maintain accurate job grades.

  • Prepare comprehensive reports and presentations for leadership, providing insights on compensation trends, program effectiveness, and recommendations.

  • Stay updated on industry best practices, trends, and innovative compensation strategies.

  • Conduct Fair Labor Standards Act (FLSA) evaluations to determine exemption status for new/revised jobs.

  • Ensure all compensation practices comply with federal, state, and local regulations.

  • Stay informed on relevant legislation and industry standards to mitigate risks and ensure compliance.

  • Participate in and provide support for larger compensation projects including structure maintenance and compensation program recommendations.

  • Analyze impacts of changes to compensation programs (fixed and variable).

  • Serve as the project lead for various compensation initiatives.

Market Pricing & Analysis (15%)

  • Conduct market pricing of new and existing jobs, provide recommendations, and analyze potential impact of recommendations.

  • Participate and provide company submissions for annual salary surveys.

  • Analyze new survey data sets, make recommendations for adjustments to salaries, job grades and structure movement.

Compensation HRIS/Auditing Responsibilities (15%)

  • Utilize Workday reporting for Compensation monitoring and auditing.

  • Audit minimum wage requirements for both Exempt and Non-Exempt employees.

  • Conduct audits of Compensation information in Workday to ensure data integrity.

  • Lead Workday testing for Compensation-related updates and integrations.

  • Implement compensation/market review recommendations in Workday.

Annual Compensation Processes (20%)

  • Serve as a subject matter expert in annual compensation processes such as incentive and merit cycles.

  • Lead HRIS system module setup and testing, troubleshooting, and reporting for annual compensation cycles.

  • Identify improvements and follow through with the implementation of enhancements to annual compensation cycles.

Compensation Consultation (30%)

  • Serve as a trusted advisor on compensation-related matters, educating client groups and HR teams on the organization's compensation programs.

  • Collaborate with HR Business Partners to evaluate new and existing jobs, providing recommendations on titles, levels, and pay grades.

  • Partner with the Talent Acquisition team to review escalated salary offers and provide recommendations.

  • Work with HR teams on cross-functional initiatives, providing expertise from a compensation perspective.

Qualifications (Education, Experience, Certifications & KSA):
  • Bachelor's degree or an equivalent combination of education and directly related work experience required.

  • 5+ years of Compensation work experience required.

  • Certified Compensation Professional (CCP) certification or Master's Degree in Human Resources or a related field preferred.

  • Advanced Excel skills, along with Strong MS Office skills including Word and PowerPoint. Must be comfortable with large complex spreadsheet design & analysis to understand and develop insights from data.

  • Must possess strong attention to detail and ability to develop and perform data and process audits.

  • Ability to organize detailed data and consolidate complex information in a manner that results in user-friendly concise communication.

  • Ability to maintain confidentiality in all work performed.

  • Ability to follow instructions and work independently in the completion of assigned tasks.

  • Familiarity with FLSA compliance guidelines and federal, state and municipality compliance guidelines.

  • Excellent critical thinking skills, communication skills, and presentation skills.

  • Ability to manage deadlines and coordinate projects amidst competing priorities.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts or working conditions associated with a job.

We offer our employees a robust compensation package! Our comprehensive benefits include: medical, dental and vision insurance coverage; 100% company-paid life and disability coverage, 401k options with company match, three weeks PTO by the end of the first year and much more. Allied proudly promotes from within as part of a strong commitment to providing career growth opportunities for employees of all levels. Our diverse business portfolio allows employees broad career options with the advantage of staying with the same organization.
All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.

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