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Compensation Data Analytics Jobs in Maryland (NOW HIRING)

Data Analytics Engineer

Lexington Park, MD

$111K - $133K/yr

Work hand-in-hand with data analysts & data scientists to ready diverse data sources for analytics ... Military background a plus #LI-PH1 Compensation Statement At Sabre Systems, LLC, compensation is ...

Data Analytics Engineer

Lexington Park, MD · On-site

$111K - $133K/yr

Work hand-in-hand with data analysts & data scientists to ready diverse data sources for analytics ... Military background a plus #LI-PH1 Compensation Statement At Sabre Systems, LLC, compensation is ...

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Compensation Data Analytics information

What is compensation data analytics?

Compensation data analytics is the process of collecting, analyzing, and interpreting data related to employee compensation, such as salaries, bonuses, and benefits. This field helps organizations make informed decisions about pay structures, ensure competitive and equitable compensation, and comply with legal requirements. By leveraging data analytics, companies can identify trends, address pay disparities, and optimize their compensation strategies to attract and retain top talent.

How does a Compensation Data Analytics professional typically collaborate with HR and business leaders to inform pay decisions?

Compensation Data Analytics professionals work closely with HR teams and business leaders by providing data-driven insights that guide salary structures, incentive plans, and pay equity initiatives. They interpret data from salary surveys, internal pay records, and market trends, translating complex analyses into actionable recommendations. Regular meetings and presentations are common, ensuring that stakeholders understand compensation trends and can make informed decisions that support organizational goals. Effective communication and collaboration are key, as these professionals often bridge the gap between technical analytics and strategic HR planning.

What are the key skills and qualifications needed to thrive as a Compensation Data Analytics professional, and why are they important?

To thrive as a Compensation Data Analytics professional, you need strong analytical skills, a solid understanding of compensation structures, and a degree in fields like HR, finance, or statistics. Familiarity with HR information systems (HRIS), data visualization tools like Tableau or Power BI, and proficiency in Excel or statistical software such as R or Python are commonly required. Attention to detail, problem-solving abilities, and effective communication skills help you translate complex data into actionable insights for stakeholders. These skills ensure accurate, data-driven compensation strategies that support organizational goals and fair employee practices.

What is the difference between Compensation Data Analytics vs Compensation Analyst?

AspectCompensation Data AnalyticsCompensation Analyst
CredentialsDegree in HR, Business, or Data Analytics; often certifications in data analysisDegree in HR, Business, or related field; HR certifications common
Work EnvironmentData-focused, analytical tasks, often in HR or compensation departmentsHR teams, compensation planning, employee benefits
Industry UsageUsed across industries for data-driven compensation strategiesPrimarily in HR and compensation departments within various industries
Search & Comparison IntentFocus on data analysis skills and tools for compensation dataFocus on salary structures, benefits, and employee compensation policies

Compensation Data Analytics involves analyzing large datasets to inform compensation strategies, requiring strong data skills. Compensation Analysts focus on designing and managing salary structures and benefits. Both roles collaborate but differ mainly in their focus—data analysis versus policy implementation.

What are popular job titles related to Compensation Data Analytics jobs in Maryland?

For Compensation Data Analytics jobs in Maryland, the most frequently searched job titles are:

What cities in Maryland are hiring for Compensation Data Analytics jobs?

Cities in Maryland with the most Compensation Data Analytics job openings:

$83K - $108K/yr

Full-time

Re-posted 8 days ago


Job description

Job Requirements

Responsible for leading the implementation and administration of compensation programs. Leads projects and supports more complex compensation initiatives. Provides analytical support to Leaders and HR functions to ensure compliance with labor laws and ensures the accuracy and integrity of compensation data. 

 

Primary Responsibilities

      Partners with Human Resource, Payroll and HRIS team members to ensure excellent customer service to the organization.

      Leads more complex projects. Participates and supports Compensation projects.

      Lead resource supporting Compensation tools and technology. Lead resource for testing functionality and influencing design. Administer compensation tools. Generates reports and ad hoc requests as requested.

      Liaison to the survey companies and key resource for the administration of salary survey questionnaires. Responsible for survey completion tracking and payment. Vendor relations connection for support questions, upgrades, and training. Facilitates the administration of market data in the market tool.

      Leads the vendor relationships and support of the Compensation Market tools. Administers and maintains the database with survey information and team member data. Provides reports as needed. May assist in job market pricing.

      Lead Compensation resource for HRIS support and is the liaison with the HRIS and IS&T departments. Coordinates the activities related to compensation projects and flow into the HRIS system.

Responsible for the accurate administration of job codes, years of experience, pay ranges/grades and other relevant compensation-related information.

      Is the liaison to the information utilized in the HR Dashboard and analytics that support Compensation Pay Practice decisions.

      Supports, explores, implements AI processes to enhance processes.

May support the Compensation Specialists and Consultants by supporting case management. May support job offer reviews and compensation cases that are more complex.

      May supports equity and market adjustment analysis and study of years of experience to provide cost and guidance on pay adjustment studies. Reviews salary administration problems/concerns such as internal equity issues and provides recommendations.

      Perform all other duties as assigned.


Work Experience

Education & Experience - Required

      Bachelors Degree in Business Administration/Human Resources

      Five or more years' experience as a Compensation Analyst

      Expert-level Excel skills, including advanced formula logic

      Project Management

      Experience auditing and validating compensation data with a high degree of accuracy in a regulated and complex healthcare environment

Education & Experience - Preferred

      HRIS database support experience preferred

      Certified Compensation Professional (CCP)


Employment Type: FULL_TIME