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Incentive Compensation Analyst Jobs (NOW HIRING)

Madison Approach

Compensation Analyst

Hawthorne, NY

$33 - $38/hr

Our client is a large healthcare network seeking an experienced compensation professional to provide in-depth analysis for job evaluation, base pay, and short-term incentive pay programs. This role ...

Robert Half

Compensation Analyst

Winston Salem, NC · On-site

$70K - $85K/yr

We are looking for a Compensation Analyst to support compensation operations and provide accurate analysis for incentive and commission programs in Winston Salem, North Carolina. This position plays ...

Heartland Dental

Compensation Analyst

Fishers, IN · On-site

Develop insights that tell a clear, actionable story for leaders, connecting pay decisions, incentives, performance, and retention outcomes. * Conduct ad-hoc compensation analysis and advise on ...

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 ...

Fifth Third

Compensation Analyst

Cincinnati, OH · On-site

May contribute as a member of an incentive design team. Responsible and accountable for risk by ... Strong PC skills (Excel, Access, Word) proficiency required. #LI-BP1 Compensation Analyst At Fifth ...

Norsk Hydro

Compensation Analyst

Des Plaines, IL · Hybrid

$86K - $118K/yr

  • Medical

  • Dental

  • Life

  • Retirement

Administer and support the annual merit and shortterm incentive review processes * Conduct market ... Analyze pay equity trends, perform FLSA testing, and support compensation compliance initiatives

Murata America

Compensation Analyst

San Diego, CA · On-site

Administer and support global compensation programs, including base salary, annual incentive plans ... Analyze compensation trends, emerging market practices, and talent market dynamics within the ...

ALMO CORP

Compensation Analyst

Philadelphia, PA · Hybrid

  • Retirement

The Compensation Analyst supports the design, analysis, and administration of compensation programs ... This includes supporting base pay, incentive, and equity programs, maintaining compensation data ...

Searhc

Compensation Analyst

Renton, WA · On-site

$47.69 - $67.19/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Support the development and administration of compensation programs, including base pay, incentive ... Market Analysis & Job Evaluation * Perform compensation analyses for new positions, promotions ...

Norsk Hydro

Compensation Analyst

Rosemont, IL · On-site

$86K - $118K/yr

  • Medical

  • Dental

  • Life

  • Retirement

Experience supporting merit and incentive review cycles, salary surveys, and benchmarking ... Familiarity with FLSA classification and compensation compliance requirements * Strong analytical ...

Office Depot

Compensation Analyst

Grand Prairie, TX · On-site

  • Retirement

Atlanta, GA 30326 The Compensation Analyst contributes to and supports the administration of ... incentive code maintenance, and KPI tracking; compile data to support incentive plan reviews.

Murata Americas

Compensation Analyst

San Diego, CA · On-site

Administer and support global compensation programs, including base salary, annual incentive plans ... Analyze compensation trends, emerging market practices, and talent market dynamics within the ...

Almo Corporation

Compensation Analyst

Philadelphia, PA · On-site

  • Retirement

The Compensation Analyst supports the design, analysis, and administration of compensation programs ... This includes supporting base pay, incentive, and equity programs, maintaining compensation data ...

Ralliant

Sr Compensation Analyst

Raleigh, NC · On-site

$80K - $105K/yr

Analyze compensation data to identify internal equity, market competitiveness, and compensation ... incentive and deferred compensation. * Support annual compensation planning cycles. * Execute ...

Office Depot

Compensation Analyst

Grand Prairie, TX · On-site

$80K/yr

  • Retirement

Atlanta, GA 30326 The Compensation Analyst contributes to and supports the administration of ... incentive code maintenance, and KPI tracking; compile data to support incentive plan reviews.

FLAG Solutions LLC

Compensation Analyst

Pico Rivera, CA · On-site

$34 - $38/hr

  • Medical

  • Dental

Title: Compensation Analyst Location: On-site Pico Rivera Report to: Sr. HRIS & Compensation ... Develop and maintain pay structures, including hourly, salaried, and incentive-based compensation ...

PSG Global Solutions

Compensation Analyst

Cary, NC · On-site

Compensation Analyst participates in the development, communication and implementation of all components of the pay and rewards program to include base pay, incentives, bonuses, and recognition ...

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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.

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.

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.

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.
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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

Madison Approach

Hawthorne, NY

$33 - $38/hr

Full-time

Re-posted 2 days ago

Job description

Compensation Analyst
Job Type: Temporary (12-Month Assignment)
Pay Rate: $33-38/hour
Location: Hawthorne, NY | On-site (Monday-Friday)

Job Overview
Madison Approach Staffing is recruiting for a Compensation Analyst for our client's Human Resources department. Our client is a large healthcare network seeking an experienced compensation professional to provide in-depth analysis for job evaluation, base pay, and short-term incentive pay programs. This role manages salary structures, participates in market surveys, ensures FLSA compliance, and serves as a compensation consultant to HR Business Partners and leadership. The ideal candidate has strong analytical skills, advanced Excel proficiency, and ability to influence at all organizational levels.

Key Responsibilities
  • Coordinate and manage job evaluations to ensure equitable establishment of job standards and worth; audit jobs and assist managers with job description development
  • Manage salary structure and job hierarchy including participation in salary surveys and utilizing survey data to determine structure shifts while ensuring internal equity
  • Analyze market data and trends to set annual pay increase budget; ensure adherence to pay increase and incentive plan budgets
  • Conduct special compensation analysis to determine competitiveness and develop creative solutions for retention and organizational goals
  • Ensure compliance with all compensation-related legislation including FLSA
  • Work with Talent Acquisition team and hiring managers to determine salary and bonus for employment offers using market and internal data to ensure market and internal equity
  • Serve as compensation consultant to HR Business Partners and leaders regarding compensation philosophy, processes, and administration of individual employee pay
  • Analyze, prepare, and communicate recommendations to executive level approvers
Required Skills & Experience
  • Experience: 3+ years demonstrated compensation analyst experience; hospital or healthcare setting preferred
  • Education: Bachelor's degree in Finance, Accounting, or business-related field (or equivalent combination of technical and functional experience)
  • Analytical Skills: Strong analytical, math, and negotiation skills with ability to perform independent in-depth analysis and present findings
  • Excel Expertise: Highly proficient in Microsoft Excel (required)
  • HRIS Knowledge: Proficiency in HRIS database management, analysis, logic, and report generation
  • Compensation Programs: Knowledge of compensation programs and laws including base pay, variable pay, and FLSA
  • Communication: Outstanding verbal and written communication skills; above-average facilitation and presentation skills
  • Influence: Demonstrated ability to influence and coach at all organizational levels; ability to work as credible partner with executives and management
  • Organization: Outstanding organizational ability with strong attention to detail and deadline orientation
  • Multi-tasking: Very strong ability to prioritize and manage multiple projects simultaneously
  • Confidentiality: Ability to maintain high level of confidentiality and professionalism
Preferred Skills & Experience
  • Certified Compensation Professional (CCP) certification or currently pursuing CCP designation
  • Healthcare compensation experience
  • Experience with salary surveys (e.g., SHRM, Mercer, Culpepper)
  • Process improvement and implementation experience
  • Experience with incentive plan design and administration
  • Knowledge of healthcare market trends and competitive practices