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Compensation Associate Jobs in New Jersey (NOW HIRING)

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Compensation Associate information

See New Jersey salary details

$47.2K

$60.5K

$71.6K

How much do compensation associate jobs pay per year?

As of Aug 8, 2026, the average yearly pay for compensation associate in New Jersey is $60,479.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,300.00 and $65,500.00 per year, depending on experience, location, and employer.

What is the difference between Compensation Associate vs Payroll Specialist?

AspectCompensation AssociatePayroll Specialist
Required CredentialsTypically a bachelor's degree in HR, Business, or related field; certifications like CCP are a plusOften a degree in Accounting, Finance, or Business; certifications like CPP or payroll-specific certifications
Work EnvironmentHR or Compensation departments within organizations, focusing on pay structures and benefitsFinance or HR departments, handling payroll processing and compliance
Employer & Industry UsageUsed across various industries in HR teams to manage compensation dataCommon in organizations with in-house payroll processing or payroll service providers

The Compensation Associate primarily focuses on designing and managing employee pay structures, benefits, and compensation data. In contrast, the Payroll Specialist handles the processing of employee wages, tax deductions, and compliance with payroll regulations. While both roles require knowledge of compensation and HR policies, the Compensation Associate emphasizes strategy and data management, whereas the Payroll Specialist concentrates on accurate payroll execution and reporting.

What are some common challenges compensation associates face when analyzing salary data across different departments?

Compensation Associates often encounter challenges such as inconsistent job titles, varying responsibilities across departments, and discrepancies in market data when analyzing salary information. Navigating these differences requires strong analytical skills and close collaboration with HR partners and department managers to ensure internal equity and external competitiveness. Staying updated with industry benchmarks and using standardized job evaluation methods can help address these issues and support fair compensation decisions.

What does a compensation associate do?

A Compensation Associate is responsible for supporting the development, implementation, and administration of an organization's compensation programs. They analyze salary data, benchmark roles against industry standards, assist with salary reviews, and ensure compliance with relevant laws and regulations. Their work helps ensure that employees are paid fairly and competitively, which can improve employee satisfaction and retention. Compensation Associates often collaborate with HR, finance, and management teams to align pay structures with company goals.

What are the key skills and qualifications needed to thrive as a compensation associate?

To thrive as a Compensation Associate, you need a solid understanding of compensation principles, data analysis, and human resources practices, usually backed by a relevant bachelor's degree. Familiarity with HR information systems (HRIS), advanced Excel skills, and compensation management tools like PayScale or Workday is often required. Strong attention to detail, discretion, and effective communication help you excel in handling sensitive data and collaborating across teams. These skills are crucial to ensure accurate compensation analysis, compliance, and fair pay practices within an organization.
What are the most commonly searched types of Compensation jobs in New Jersey? The most popular types of Compensation jobs in New Jersey are:
What are popular job titles related to Compensation Associate jobs in New Jersey? For Compensation Associate jobs in New Jersey, the most frequently searched job titles are:
What job categories do people searching Compensation Associate jobs in New Jersey look for? The top searched job categories for Compensation Associate jobs in New Jersey are:
What cities in New Jersey are hiring for Compensation Associate jobs? Cities in New Jersey with the most Compensation Associate job openings:
Infographic showing various Compensation Associate job openings in New Jersey as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 18% Part Time, and 4% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $60,479 per year, or $29.1 per hour.

Assoc Dir, Incentive Compensation & Field Performance

ANI Pharmaceuticals

Princeton, NJ • On-site

$170 - $200/hr

Other

Medical, Life, Retirement, PTO

Posted 24 days ago


Job description

Assoc Dir, Incentive Compensation & Field Performance

Princeton, NJ, United States (Remote)

Job Description

The Associate Director, Incentive Compensation (IC) will serve as ANI's primary internal owner of all IC plan design, modeling, and governance across the Portfolio, Pulmonology, Ophthalmology and Acute Care field sales teams. This role is responsible for building and maintaining IC plan design and scenario modeling capabilities in-house, reducing ANI's dependence on external consulting for strategic decisions.

Responsibilities:

Incentive Compensation (IC)

  • Own the end-to-end IC plan design process annually, including plan framework development, quota methodology, pay mix decisions, payout curve design, and IC plan documentation for all field sales teams.
  • Develop and maintain in-house IC redesign modeling capabilities; independently execute scenario analyses, sensitivity models, and budget impact analyses for all leadership-driven redesign requests, eliminating reliance on vendor change orders for modeling work.
  • Serve as the primary IC strategic advisor to the ED, Operations, CCO, VP of Sales, Head of Business Unit, and IC Governance Committee; present plan designs, redesign options, and financial modeling results with supporting analysis.
  • Direct and manage Beghou Consulting as a defined‑scope vendor for IC administration, Mainsail platform operations, data processing, and quarterly payout calculations; own vendor scope definition, contract oversight, and change order management to control costs.
  • Establish and enforce IC program policies, governance procedures, and plan approval workflows, including coordination with the IC Executive Committee and HR/Payroll for plan sign‑off and payout execution.
  • Lead IC plan communication to the field sales force; develop and deliver clear, accurate IC plan documents and training materials to ensure full understanding of plan mechanics and payout calculations.
  • Manage quarterly IC operations including goal and baseline setting, final payout approvals, exception and appeal reviews, and award and contest rankings in coordination with Beghou.
  • Support ad‑hoc sales force changes, including territory realignments, role changes, and mid‑year headcount adjustments, with timely IC modeling and budget impact quantification.
  • Develop and promote IC best practices across business units; identify automation and process improvement opportunities in IC reporting and data workflows.
  • Ensure accurate monthly, quarterly, and annual IC reporting for senior management and field; maintain data integrity across IC systems and reporting outputs.
  • Provide IC onboarding and ongoing training for new field sales hires and internal stakeholders.

Operations Analytics & Field Performance

  • Partner with the Analytics team to integrate sales performance data into IC modeling; validate baselines, attainment inputs, flag IC anomalies, and build leadership‑facing visibility dashboards for plan performance.
  • Develop and maintain field performance reporting including territory‑level productivity, ranking, and trend analysis to support sales leadership decision‑making across all commercial business units.
  • Support quarterly and ad‑hoc analytics requests from commercial leadership related to IC performance, field productivity, and business unit results.
  • Partner with Finance on IC dollar re‑forecasts during Latest Estimate (LE) cycles; provide accurate IC accrual inputs aligned to current plan attainment and payout projections.
  • Work with Finance on month‑end IC accruals; ensure timely and accurate accrual submissions and reconcile any variances to actuals at payout.
  • Support ad‑hoc financial modeling and analysis requests from commercial leadership, including field force cost modeling, ROI analysis, and budget variance reporting.
  • Provide analytical support for commercial operations budget tracking, spend reporting, and financial planning activities.

Procurement

  • Manage vendor contracts and purchase orders for commercial operations vendors, including IC administration, data providers, and analytics platforms; own SOW development, invoice review, and spend tracking.
  • Support procurement processes for all commercial operations vendors, including vendor evaluation, onboarding, contract renewals, and change order management.
  • Serve as the commercial operations liaison to Finance and Procurement for vendor governance, ensuring alignment on cost management and compliance with company purchasing policies.

Minimum Qualifications and Education Requirements

  • BA/BS degree required; MBA or advanced degree in Finance, Business, or a related field preferred
  • 5+ years of experience in pharmaceutical or life sciences sales incentive compensation required
  • Demonstrated ability to independently design and model IC plans, including payout curves, quota methodology, and budget impact analyses, without vendor dependence
  • Experience managing or directing an external IC vendor or consulting firm
  • Advanced proficiency in Microsoft Excel (financial modeling, scenario analysis); experience with IC platforms (e.g., Mainsail, Xactly, Anaplan, or equivalent) strongly preferred
  • Proven track record presenting IC plan design and financial modeling results to executive leadership (CCO, VP Sales, or equivalent)
  • Strong understanding of pharma sales force structure, territory design, and sales operations
  • Exceptional project management skills with the ability to manage multiple plan cycles, deadlines, and stakeholder workstreams simultaneously
  • Strong executive presence and interpersonal skills; credible with senior commercial leadership and cross‑functional partners including HR, Finance, and Analytics
  • Proficient in Microsoft PowerPoint, Outlook, and Teams

The base salary range for this position is$170,000 - $200,000; the exact salary depends on various factors such as experience, skills, education, location, competencies and industry‑specific knowledge. In addition to base salary, this position is eligible for participation in a competitive short term and long term incentive program based on performance and company results.

ANI Pharmaceuticals offers a variety of benefits to eligible employees, including health insurance coverage, life and disability insurance, retirement savings plans, paid leave programs, paid holidays and paid time off. Many of these benefits are subsidized or fully paid for by the company

Job Info
  • Job Identification 1431
  • Posting Date 07/14/2026, 04:59 PM
  • Degree Level Bachelor's Degree
  • Job Schedule Full time
  • Job Shift Shift 1
  • Locations 104 Carnegie Center Drive, Suite 300, Princeton, NJ, 08540, US (Remote)
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