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Senior Compensation Analyst Jobs in Silver Spring, MD

Strong analytical and problem-solving skills * Demonstrated ability to manage multiple demanding projects * Proficiency in compensation administration using HR information systems (e.g., Workday)

Senior Workday Analyst

Mclean, VA · On-site

$83K - $109K/yr

The Senior Workday Analyst is responsible for leading day-to-day Workday operations, ensuring data ... We also offer benefits and other compensation that include: * Medical, Dental, Vision, Life, and ...

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Senior Compensation Analyst information

See Silver Spring, MD salary details

$60K

$99.9K

$137.5K

How much do senior compensation analyst jobs pay per year?

As of Sep 5, 2026, the average yearly pay for senior compensation analyst in Silver Spring, MD is $99,901.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,800.00 and $111,600.00 per year, depending on experience, location, and employer.

What does a senior compensation analyst do?

A senior compensation analyst performs a variety of technical and administrative duties as a member of the human resources (HR) department. In this career, your responsibilities are to determine the level of pay for each position or job classification at your organization. You review new employee jobs at the company or institution to ensure that the benefits and salary align with the position’s rankings, as well as make corrections to job postings to ensure salary information is accurate. To make these determinations, you need to be able to perform internal and external research to identify the compensation of similar positions at other institutions as well as at your organization.

What does a senior compensation analyst do?

A Senior Compensation Analyst is responsible for developing, implementing, and evaluating compensation programs and policies within an organization. They analyze market data and internal information to ensure the company's pay practices are competitive and equitable. Their work often includes salary benchmarking, job evaluations, and providing guidance on pay decisions to HR and management. Senior Compensation Analysts also ensure that compensation practices comply with legal requirements and support the organization's strategic objectives.

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

To thrive as a Senior Compensation Analyst, you need strong analytical abilities, advanced Excel skills, and a solid understanding of compensation principles, often supported by a degree in human resources, finance, or a related field. Familiarity with HRIS platforms, compensation management software, and certifications such as CCP (Certified Compensation Professional) are highly valued. Excellent communication, attention to detail, and problem-solving skills help you present findings clearly and collaborate with stakeholders. These skills and qualifications ensure accurate compensation analysis, informed decision-making, and the development of competitive pay strategies that support organizational goals.

How does a senior compensation analyst typically collaborate with HR and business leaders to influence compensation decisions?

As a Senior Compensation Analyst, you frequently partner with HR business partners and department leaders to analyze market data, review internal pay equity, and develop compensation strategies that support organizational goals. This collaborative process often involves providing insights on salary trends, participating in job evaluations, and recommending adjustments to ensure competitiveness and compliance. By serving as a subject matter expert, you help guide leaders through compensation planning cycles and support them in making data-driven decisions that align with company objectives.

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

AspectSenior Compensation AnalystCompensation Analyst
Required CredentialsBachelor's degree, often some certifications (e.g., CCP)Bachelor's degree, entry-level certifications
Work EnvironmentMore strategic, involved in policy developmentOperational, data analysis, and administration
Employer & Industry UsageUsed in larger organizations with complex pay structuresCommon in various industries, entry-level roles
Search & Comparison IntentLooking for experienced roles with strategic responsibilitiesEntry-level or mid-level roles focusing on data and administration

The main difference between a Senior Compensation Analyst and a Compensation Analyst lies in experience, responsibilities, and strategic involvement. Senior Compensation Analysts typically handle more complex projects, develop compensation policies, and have more experience and certifications. Compensation Analysts focus on data collection, analysis, and supporting compensation programs. Both roles are essential in HR departments, but the senior role involves higher-level decision-making and strategic planning.

What are the most commonly searched types of Compensation Analyst jobs in Silver Spring, MD?

The most popular types of Compensation Analyst jobs in Silver Spring, MD are:

What are popular job titles related to Senior Compensation Analyst jobs in Silver Spring, MD?

For Senior Compensation Analyst jobs in Silver Spring, MD, the most frequently searched job titles are:

What job categories do people searching Senior Compensation Analyst jobs in Silver Spring, MD look for?

The top searched job categories for Senior Compensation Analyst jobs in Silver Spring, MD are:

What cities near Silver Spring, MD are hiring for Senior Compensation Analyst jobs?

Cities near Silver Spring, MD with the most Senior Compensation Analyst job openings:

Infographic showing various Senior Compensation Analyst job openings in Silver Spring, MD as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 16% Part Time, and 4% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $100,092 per year, or $48.1 per hour.

Senior Compensation Advisor

Freddie Mac

Mclean, VA • On-site

Full-time

Re-posted 23 days ago


Key responsibilities

  • Consult with stakeholders to deliver actionable compensation recommendations.

  • Lead and manage significant compensation projects to improve pay programs, processes, or policies.

  • Support and enhance employee recognition programs to foster engagement and performance.


Freddie Mac rating

9.2

Company rating: 9.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Position Overview:

Are you a strategic HR professional who enjoys solving complex challenges and delivering impactful solutions? Do you excel at using data to shape compensation recommendations and influence business decisions? Join our Compensation team at Freddie Mac, where your expertise in compensation will help drive competitive pay strategies and support organizational success.

As a Senior Compensation Advisor, you will play a key role in consulting with stakeholders, leading high-impact projects, and supporting recognition and compensation initiatives that influence our total rewards philosophy and help us attract and retain top talent. This is an exciting opportunity to make a visible impact, work on strategic projects, and advance your career in a collaborative, mission-driven environment.

Our Impact:
  • We partner with business leaders and HR partners to develop and implement competitive, innovative and market driven compensation programs.
  • Our team consults on pay strategies that support Freddie Mac's mission, drive employee engagement, and ensure our rewards remain market-leading.
  • We deliver solutions and insights that help the organization attract, retain, and motivate top talent.
  • Our team leverages advanced expertise in Workday to create analytical reports, test and implement program enhancements, and configure and deliver the annual merit and incentive payout cycle, ensuring efficient and accurate compensation processes.
Your Impact:
  • Advise business leaders and HR partners by delivering actionable compensation consulting, enabling informed talent and pay decisions.
  • Lead and manage significant compensation projects that improve pay programs, processes, or policies, driving measurable business results.
  • Support and enhance employee recognition programs, contributing to a culture of engagement and performance.
  • Strengthen our compensation programs by ensuring timely and accurate compensation planning, market data analysis, and survey submissions, helping maintain Freddie Mac's competitive position in the market.
Qualifications:
  • Bachelor's degree or equivalent experience
  • 5-7 years of compensation experience
  • Advanced proficiency in Microsoft Excel for data analysis
  • Strong analytical and problem-solving skills
  • Demonstrated ability to manage multiple demanding projects
  • Proficiency in compensation administration using HR information systems (e.g., Workday)
  • CCP (Certified Compensation Professional) or commitment to pursuing certification preferred
Keys to Success in this Role:
  • Strong project management skills, with the ability to organize, prioritize, and deliver multiple initiatives simultaneously
  • Curiosity and initiative to explore new technologies-including AI-to improve compensation processes and decision-making
  • Analytical mindset and attention to detail, ensuring high-quality and accurate work
  • Collaborative approach, building effective partnerships across HR, business units, and cross-functional teams
  • Excellent communication and presentation skills, able to translate data and insights into actionable recommendations
  • Adaptability and resourcefulness in a fast-paced, evolving environment
  • Commitment to continuous learning and growth within the compensation field

Candidate will be expected to demonstrate Excel skills during the hiring process.

Current Freddie Mac employees please apply through the internal career site.

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full timeFLSA Status:Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $102,000 - $154,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.Employment Type: FULL_TIME

What Freddie Mac employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom


Freddie Mac logo

About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970