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Incentive Compensation Analyst Jobs (NOW HIRING)

Balfour Beatty

Compensation Analyst

Malvern, PA · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Compensation Analyst supports the design, administration, and analysis of compensation programs ... Knowledge of incentive compensation and executive compensation programs Soft Skills * Strong ...

TEKsystems c/o Allegis Group

Compensation Analyst

Houston, TX · On-site

$32 - $38/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Review and process pay adjustments, promotions, transfers, and incentive plan changes. Conduct market pricing and survey analysis. Analyze organizational positions and recommend compensation levels.

New

TEKsystems

Compensation Analyst

Houston, TX

$32 - $38/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Review and process pay adjustments, promotions, transfers, and incentive plan changes. Conduct market pricing and survey analysis. Analyze organizational positions and recommend compensation levels.

Smithfield Foods

Compensation Analyst

Smithfield, VA

$70K - $97K/yr

Join Us as a Compensation Analyst!At Smithfield Foods, you will be at the heart of our dynamic ... Assist with KPI tracking, calculations, and forecasting of all incentive plans, including annual ...

Aquent

Compensation Analyst

Houston, TX · On-site

$38 - $44/hr

  • Medical

  • Dental

  • Vision

  • Retirement

Support day-to-day administration and analysis of employee compensation programs, including base pay, incentive compensation, market pricing, job evaluation, and related compensation processes.

Hornbeck Offshore

Compensation Analyst

Covington, LA · On-site

  • Medical

  • Retirement

Oversees the company's bonus and incentive compensation award process, including domestic and ... Prepares analysis for executive management pertaining to company's compensation programs * All ...

Robert Half

Compensation Analyst

Washington, DC · On-site

$90K - $100K/yr

We are looking for a Compensation Analyst to join a mission-driven nonprofit organization in ... Help manage core pay programs such as base compensation, incentive administration, and annual ...

First Hawaiian, Inc.

Compensation Analyst

Honolulu, HI · On-site

$72K - $85K/yr

This role will assist with base salary administration, support incentive plan administration and participate in external market surveys to maintain competitive pay practices. The Compensation Analyst ...

Cypress HCM

Compensation Analyst

Santa Clara, CA · Remote

$40 - $50/hr

Compensation Analyst Job Details * Req#: 36225356 * Department: People (HR) * Start Date: August 4, ... Experience supporting pay planning processes, including merit or incentive cycles * Strong project ...

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Incentive Compensation Analyst information

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How much do incentive compensation analyst jobs pay per hour?

As of Aug 16, 2026, the average hourly pay for incentive compensation analyst in the United States is $38.97, according to ZipRecruiter salary data. Most workers in this role earn between $31.25 and $44.23 per hour, depending on experience, location, and employer.

What does an incentive compensation analyst do?

An Incentive Compensation Analyst is responsible for designing, analyzing, and administering compensation plans that motivate and reward employees, particularly those in sales or performance-driven roles. They work with data to ensure that incentive programs align with company goals, are competitive, and are cost-effective. Their duties often include modeling payout scenarios, tracking performance metrics, and ensuring compliance with company policies. Incentive Compensation Analysts also collaborate with HR, finance, and management to ensure compensation strategies are fair and effective.

What are the key skills and qualifications needed to thrive as an incentive compensation analyst, and why are they important?

To thrive as an Incentive Compensation Analyst, you need strong analytical skills, a background in finance or business, and proficiency in data analysis, typically supported by a bachelor's degree in a related field. Familiarity with compensation management software, Excel, and data visualization tools, along with knowledge of HRIS or ERP systems, is often required. Attention to detail, problem-solving abilities, and effective communication are essential soft skills for interpreting data and collaborating with stakeholders. These skills ensure accurate incentive program administration, drive employee motivation, and support organizational goals through effective compensation strategies.

What are some common challenges faced by incentive compensation analysts, and how can they be addressed?

Incentive Compensation Analysts often encounter challenges such as managing complex compensation structures, ensuring data accuracy, and adapting to frequent changes in sales plans or business priorities. Staying organized and proficient with analytical tools, such as Excel or compensation management software, is crucial for handling large data sets and performing accurate calculations. Effective communication with sales, finance, and HR teams also helps clarify plan details and resolve discrepancies. Continuous learning and staying updated on industry best practices can further enhance performance in this dynamic role.

What is the difference between Incentive Compensation Analyst vs Compensation Analyst?

AspectIncentive Compensation AnalystCompensation Analyst
CertificationsTypically requires certifications like CCSP or CCPMay also hold similar certifications but less focused on incentives
Work EnvironmentFocuses on designing and managing incentive plans within sales or performance teamsHandles broader compensation structures across various departments
Employer & Industry UsageCommon in sales-driven industries like finance, tech, and pharmaceuticalsUsed across diverse industries for overall compensation management

The Incentive Compensation Analyst specializes in designing and analyzing incentive plans to motivate sales and performance teams, while the Compensation Analyst manages overall employee compensation structures. Both roles require similar credentials and often work in overlapping environments, but their focus areas differ significantly.

Is incentive compensation analyst a good career?

An incentive compensation analyst is a role focused on designing and managing performance-based pay programs, often requiring strong analytical skills and knowledge of compensation systems. It can offer opportunities for career growth in finance, HR, or sales environments, with typical work involving data analysis and reporting tools. The role is generally stable and can lead to senior positions in compensation or financial analysis.
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Incentive Compensation Analyst jobs near you
Infographic showing various Incentive Compensation Analyst job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 79% In-person, 16% Hybrid, and 5% Remote job distribution, with an average salary of $81,051 per year, or $39 per hour.

Compensation Analyst

Federal Home Loan Bank Cincinnati

Cincinnati, OH

Full-time

Retirement

Posted 5 days ago

Job description

General Summary:
Providesguidance and assistance to management in support of Human Resources programsincluding annual salary administration, incentive compensation planadministration, salary survey participation, job description maintenance, and marketanalyses. 
Principal Duties andResponsibilities:
Assists in the administration of the Bank's compensation programs by conducting job evaluations, market pricing, and compensation analyses. Researches and benchmarks positions against external salary data, maintains and updates job descriptions, and analyzes salary survey and market data to develop job grade, salary, and FLSA classification recommendations.
Provides annual budget recommendations for salary administration cycle including merit, equity, promotion and salary structure adjustment data. Coordinates the annual salary administration process for staff including the pay equity analysis and recommendations to close gaps.
Maintains the Benefits and Compensation dashboard to track, analyze, and display key HR metrics that will offer real time insights into workforce trends.
Uses HR technology (ADP/Cornerstone) to prepare reports to collect, analyze, and summarize data and trends. May assist HR Management in testing, identifying and recommending changes/enhancements to systems.
Compiles the data for completion and submission of surveys related to salaries, benefits, and other Human Resources related programs.
Assists with the submission of annual earnings and other information to 401k and pension administrators for annual benefit calculations and discrimination testing.
In collaboration with HR management, oversees the administration of the Incentive Compensation Plans, ensuring the plan documents are updated annually and participant communications occur timely.
Works with the Compensation & Benefits Manager to administer the executive compensation plans and assists in gathering data for board meeting materials with regards to compensation.
Maintains a variety of confidential staff files to ensure records are accurately maintained concerning all relevant aspects of employment. Maintains documentation of procedures related to areas of responsibility.
Provides cross-functional support and serves as backup to the Benefits Analyst as needed.
Performs other duties and completes special projects as assigned.

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