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Compensation Benefits Analyst Jobs in Indiana (NOW HIRING)

CTB

CTB Benefits & Compensation Manager

Milford, IN · On-site

$63K - $86K/yr

Compensation and Benefits Manager Corporate Human Resources EVP & Chief Admin Officer BU Location ... of data to analyze trends and prepare summaries to support proposals; innovative, able to step ...

CTB

CTB Benefits & Compensation Manager

Milford, IN

$63K - $86K/yr

Compensation and Benefits Manager Corporate Human Resources EVP & Chief Admin Officer BU Location ... of data to analyze trends and prepare summaries to support proposals; innovative, able to step ...

Slate Auto

Sr. Compensation Analyst

Warsaw, IN · On-site

$123K - $154K/yr

Conduct and interpret market pricing analyses using established survey sources (e.g., Radford) to ... Annual Base Pay Range: $123,000 - $154,000 ADDITIONAL COMPENSATION AND BENEFITS Slate offers a wide ...

Recar

Sr. Compensation Analyst

Warsaw, IN · On-site

$123K - $154K/yr

Conduct and interpret market pricing analyses using established survey sources (e.g., Radford) to ... Annual Base Pay Range: $123,000 - $154,000 ADDITIONAL COMPENSATION AND BENEFITS Slate offers a wide ...

Walker Transport

Compensation Manager

Lafayette, IN

The Manager, Compensation reports to the Director, Compensation & Benefits at Wabash and supports ... analyses including market benchmarking, pay equity reviews and modeling Partner with HR and ...

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 ...

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All JobsCompensation Benefits Analyst JobsCompensation Benefits Analyst Jobs in Indiana

Compensation Benefits Analyst information

See Indiana salary details

$48.5K

$76.5K

$108.5K

How much do compensation benefits analyst jobs pay per year?

As of Jul 31, 2026, the average yearly pay for compensation benefits analyst in Indiana is $76,493.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,600.00 and $82,800.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Compensation Benefits Analyst, and why are they important?

To thrive as a Compensation Benefits Analyst, you need strong analytical abilities, a solid understanding of compensation structures, and typically a bachelor’s degree in human resources, finance, or a related field. Familiarity with HRIS systems, Excel, and compensation benchmarking tools, as well as certifications like CCP (Certified Compensation Professional), are commonly required. Attention to detail, effective communication, and problem-solving skills help analysts explain complex data and collaborate with stakeholders. These skills ensure accurate, competitive, and compliant compensation and benefits programs that support employee satisfaction and organizational objectives.

How does a Compensation Benefits Analyst typically collaborate with HR and management teams?

As a Compensation Benefits Analyst, you will frequently work alongside HR professionals and management to ensure that employee compensation packages align with organizational goals and industry standards. This collaboration often involves analyzing salary data, preparing detailed reports for leadership, and advising on pay structures or benefits enhancements. You'll also participate in meetings to discuss budget considerations and provide recommendations based on data-driven insights, ensuring competitive and equitable compensation practices throughout the company.

What does a Compensation Benefits Analyst do?

A Compensation Benefits Analyst is responsible for researching, analyzing, and administering employee compensation and benefits programs within an organization. They evaluate current pay structures, benchmark salaries against industry standards, and ensure compliance with relevant laws and regulations. Additionally, they may communicate benefits information to employees, assist with benefits enrollment, and recommend changes to improve employee satisfaction and organizational competitiveness.
What are popular job titles related to Compensation Benefits Analyst jobs in Indiana? For Compensation Benefits Analyst jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Compensation Benefits Analyst jobs in Indiana look for? The top searched job categories for Compensation Benefits Analyst jobs in Indiana are:
What cities in Indiana are hiring for Compensation Benefits Analyst jobs? Cities in Indiana with the most Compensation Benefits Analyst job openings:
Compensation Benefits Analyst jobs near you
Infographic showing various Compensation Benefits Analyst job openings in Indiana as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 83% Full Time, 10% Part Time, 1% Temporary, and 4% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $76,493 per year, or $36.8 per hour.

Total Rewards (Compensation & Benefits) Analyst

Innovative Hematology, Inc.

Indianapolis, IN • On-site

$66K - $83K/yr

Full-time

Re-posted 2 days ago

Job description

About IHI
At the Innovative Hematology (IHI), we offer a future where people with rare blood disorders flourish. Our experts provide the highest quality comprehensive services and holistic care to patients with bleeding, clotting and other hematologic disorders, and to their families.
What You Will Do
The Total Rewards Analyst is responsible for the operational administration, analysis, and continuous improvement of compensation and benefits programs. This role owns day-to-day Total Rewards analytics, reporting, and program execution, while supporting strategic program development led by the Total Rewards Program Manager.
The Opportunity
  • Compensation (Operational Execution)
    • Conducts market pricing and benchmarking; evaluate roles for grade and salary placement
    • Maintains pay structures, job architecture, and compensation documentation
    • Analyzes internal equity, market competitiveness, and pay relationships
    • Produces recurring compensation reports and dashboards
    • Tracks key metrics (compa-ratio, range penetration, market index, pay equity indicators)
    • Supports merit, bonus, and incentive cycles (modeling, tracking, reporting)
    • Identifies compression, inversion, and retention risks
    • Participates in salary surveys and analyze results
  • Benefits (Administration & Reporting)
    • Administers benefit programs including enrollments, life event changes, and employee inquiries
    • Supports open enrollment execution (system configuration, communications, vendor coordination)
    • Monitors participation, utilization, and vendor reporting
    • Maintains accurate benefit records and documentation
    • Develops and maintain IHI's employee benefits site and employee benefits education
  • HR Analytics & Reporting
    • Develops and maintain standardized and self-service HR/Total Rewards reports (e.g., ADP)
    • Reduces reliance on manual report pulls by enabling HR team access and usability
    • Ensures data integrity across compensation and benefits systems
    • Delivers analytics to support operational and leadership decision-making
    • Provides analytical and administrative support for disability and leave management programs, including tracking leave utilization, coordinating with third-party administrators, monitoring case status, and supporting employee and manger inquiries
  • Program Administration & Process Ownership
    • Serves as day-to-day liaison with vendors, brokers, and third-party administrators
    • Develops, document, and maintain SOPs for recurring Total Rewards processes
    • Executes administrative processes aligned with defined SOPs
    • Supports year-end activities including open enrollment and compensation cycles
  • Collaboration & Support
    • Partners with HR Generalist on job evaluation, leveling, and organizational design
    • Provides guidance to HR Generalists on compensation and benefits processes
    • Partners with HR Generalist and managers to administer disability, leave of absence, and accommodation programs, ensuring compliance with company policies and applicable federal and state regulations
    • Supports Total Rewards Program Manager with data, analysis, and presentation materials
    • Participates in team workflows with clear accountability boundaries
  • Compliance & Governance Support (Defined Boundary)
    • Ensures accurate data and documentation to support audits and compliance reviews
    • Executes operational controls (data validation, reconciliations, reporting)
    • Escalates compliance risks or discrepancies to HR Compliance leadership
    • Supports the administration of FMLA, ADA, Short-Term Disability (STD), Long-Term Disability (LTD), and other leave programs by partnering with HR Generalists to ensure timely processing, regulatory compliance, and accurate recordkepping.
  • (Note: This role supports compliance processes but does not own compliance governance or regulatory reporting.)

This position is designed to be a hybrid role, splitting time between the IHI office in Indianapolis, IN and home. Only candidates residing in the Indianapolis metropolitan and surrounding area will be considered.
Requirements
  • Minimum Bachelor's degree in human resources or related field, or 5 years of experience in Human Resources, required.
  • Minimum 1-3 years of benefits, compensation, HR analytics, finance, or related experience; healthcare experience, preferred.
  • Knowledge of employee benefits and applicable laws and regulations.
  • Proficiency in Word and Microsoft Office, including Microsoft Excel and PowerPoint.
  • Knowledge of appropriate analysis and application of competitive salary surveys.
  • Strong Excel proficiency skills.
  • Skills with preparing presentations leveraging data analytics.

Benefits
IHI is a not-for-profit program based in Indianapolis and offers a competitive salary and benefit package.
IHI is the only federally designated comprehensive hemophilia program in Indiana, and serves the entire state through services available in Indianapolis and at outreach clinics.
IHI is a leader in hemophilia care, education and clinical research and has a dedicated on-site multidisciplinary staff to ensure availability of a wide range of required services.
IHI participates in national and international clinical research, including new infusion products and therapies, investigation of long-term outcomes, and the impact of associated conditions. The IHI research program provides patients access to new therapies, and an opportunity to improve care. Our center has more than 50 clinical research projects involving bleeding disorders, sickle cell disease, thrombosis and more.
Innovative Hematology, Inc. is an Equal Opportunity Employer.

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