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Compensation Associate Jobs in Irvington, NJ (NOW HIRING)

Macy's

Associate, Executive Compensation

Manhattan, NY · On-site

$81K - $136K/yr

Job Overview Associate, Executive Compensation supports the execution and administration of enterprise-wide incentive compensation programs for executive and professional colleagues. As a member of ...

Macy's

Associate, Executive Compensation

Manhattan, NY · On-site

$81K - $136K/yr

Job Overview Associate, Executive Compensation supports the execution and administration of enterprise-wide incentive compensation programs for executive and professional colleagues. As a member of ...

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Compensation Associate information

See Irvington, NJ salary details

$47.4K

$60.8K

$71.9K

How much do compensation associate jobs pay per year?

As of Sep 8, 2026, the average yearly pay for compensation associate in Irvington, NJ is $60,764.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,600.00 and $65,800.00 per year, depending on experience, location, and employer.

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 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 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 the most commonly searched types of Compensation jobs in Irvington, NJ?

The most popular types of Compensation jobs in Irvington, NJ are:

What are popular job titles related to Compensation Associate jobs in Irvington, NJ?

For Compensation Associate jobs in Irvington, NJ, the most frequently searched job titles are:

What job categories do people searching Compensation Associate jobs in Irvington, NJ look for?

The top searched job categories for Compensation Associate jobs in Irvington, NJ are:

What cities near Irvington, NJ are hiring for Compensation Associate jobs?

Cities near Irvington, NJ with the most Compensation Associate job openings:

Compensation Associate jobs near you
Infographic showing various Compensation Associate job openings in Irvington, NJ as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 17% Part Time, and 4% Contract. Highlights an 90% Physical, 2% Hybrid, and 8% Remote job distribution, with an average salary of $60,764 per year, or $29.2 per hour.

Compensation Associate - Investment Banking & Global Capital Markets

Morgan Stanley

Manhattan, NY • On-site

$100 - $125/hr

Other

Re-posted 10 days ago

Morgan Stanley rating

8.3

Company rating: 8.3 out of 10

Based on 157 frontline employees who took The Breakroom Quiz

36th of 154 rated financial services

Job description

Morgan Stanley's Rewards & Analytics team is seeking a Compensation Associate to support the Investment Banking Division (IBD) and Global Capital Markets (GCM). This role combines traditional compensation execution with an expectation to help automate, modernize, and scale how insights are delivered.

What you’ll do in the role:Compensation & Analytics
  • Support both mid-year and year-end salary and bonus processes
  • Conduct compensation modeling, benchmarking, and market analyses
  • Support compensation forecasting, budgeting, and reporting
  • Prepare senior management exhibits and presentations
  • Analyze compensation and workforce trends to develop actionable insights
  • Partner with HR Partners and business leaders on compensation-related initiatives
  • Support strategic workforce compensation needs and ad hoc business analyses
Automation, Data & AI
  • Identify opportunities to automate and streamline compensation processes
  • Leverage AI and analytics tools to improve reporting and decision support
  • Partner with HR Strats, HR Technology, and Compensation team on modernization initiatives
  • Evaluate emerging technologies and practical AI applications across Compensation and HR
What you’ll bring to the role:
  • Bachelor's degree in analytical discipline
  • 2–6 years of experience in Compensation, HR Analytics, HR Strategy, or a related analytical role
  • Advanced excel, problem-solving, and communication skills
  • Interest in automation, AI, and data-driven decision making
  • Experience with Power BI, Tableau, SQL, Python, Snowflake, or similar tools is a plus
  • Ability to manage multiple priorities in a fast-paced environment
  • Strong attention to detail and commitment to continuous improvement
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Expected base pay rates for the role will be between $91,000 and $131,500 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

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About Morgan Stanley

Sourced by ZipRecruiter

Since our founding in 1935, Morgan Stanley has been committed to serving local and global communities by being a market leader in Investment Banking, Securities, Investment Management and Wealth Management services. Our belief that capital can work to benefit all of society inspires us to put our clients first, lead with exceptional ideas, hold our business to high ethical standards, and give back to communities around the world through philanthropy and public works. We have a smart casual dress code and operate under a philosophy that balances work with your personal life. Our people's talent, passion, and expertise is the fuel on which our organization runs, therefore, our people are our greatest asset. Diversity and inclusiveness is a critical component for our success and it is our priority to continue building a firm that values the unique background and identity of every one of our employees, thus enabling our people to bring their full, and best selves to work each day. Teamwork is the essence of our approach, and so are the values of integrity, excellence, and enabling our people to achieve at the highest levels. We invite you to learn more about our commitment to diversity and serving our community.

Industry

Finance and insurance and software development

Company size

10,000+ Employees

Headquarters location

New York, NY, US

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