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Variable Compensation Analyst Jobs (NOW HIRING)

Sr. Compensation Analyst

Naples, FL · On-site

$78.20K - $101.70K/yr

The Sr. Compensation Analyst - Sales and Variable Pay supports the creation, implementation and administration of sales and variable pay programs. They are also responsible for ensuring the accurate ...

Senior Compensation Analyst

Omaha, NE · Hybrid

$79.40K - $103.30K/yr

As a Senior Compensation Analyst, you'll partner with leaders across the organization to design and ... Experience with variable pay programs preferred. * Bachelor's degree in business administration ...

Manage and optimize the end-to-end annual compensation review processes (merit, variable pay ... Conduct in-depth analysis of market data to assess external competitiveness, identify pay trends ...

Compensation Analyst

Minneapolis, MN · On-site

$64.60K - $113.10K/yr

The Compensation Analyst supports the design, administration, and analysis of compensation programs ... variable incentive and bonus plans * Support equity administration activities and documentation ...

Compensation Analyst

Minneapolis, MN · Hybrid

$64.60K - $113.10K/yr

The Compensation Analyst supports the design, administration, and analysis of compensation programs ... variable incentive and bonus plans * Support equity administration activities and documentation ...

Senior Compensation Analyst

Omaha, NE · On-site

$79.40K - $103.30K/yr

As a Senior Compensation Analyst, you'll partner with leaders across the organization to design and ... Experience with variable pay programs preferred. * Bachelor's degree in business administration ...

Sr Compensation Analyst

Boston, MA

$90.20K - $117.30K/yr

Primary duties include reporting and analyzing compensation data, undertaking market data analysis ... variable compensation, and benefits. The base salary range for this position is: USD 90,000 - 180 ...

As a Compensation Analyst, you'll be actively involved with the research, development, and ... and variable pay programs such as shift differential, premium pays and incentives. * Research ...

Sr Compensation Analyst

Boston, MA · On-site

$90.20K - $117.30K/yr

Primary duties include reporting and analyzing compensation data, undertaking market data analysis ... variable compensation, and benefits. The base salary range for this position is: USD 90,000 - 180 ...

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Variable Compensation Analyst information

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How much do variable compensation analyst jobs pay per hour?

As of May 31, 2026, the average hourly pay for variable 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 are the key skills and qualifications needed to thrive as a Variable Compensation Analyst, and why are they important?

To succeed as a Variable Compensation Analyst, you need strong analytical skills, a solid understanding of compensation principles, and a bachelor's degree in finance, business, or a related field. Proficiency with Excel, HRIS systems, data analysis tools, and experience with compensation management software are typically required. Attention to detail, problem-solving abilities, and effective communication help analysts interpret complex data and collaborate with HR and finance teams. These skills ensure accurate compensation modeling, compliance with policies, and alignment of incentive programs with organizational goals.

What are the main challenges a Variable Compensation Analyst faces when managing complex incentive plans across different departments?

A Variable Compensation Analyst often encounters challenges in ensuring that incentive plans are both equitable and aligned with company objectives, especially when managing multiple plans across diverse departments. Navigating frequent changes in sales targets, interpreting intricate plan structures, and consolidating data from multiple sources require strong analytical skills and attention to detail. Additionally, the analyst regularly collaborates with HR, Finance, and departmental leaders to clarify plan rules and address discrepancies, which demands excellent communication and stakeholder management abilities.

What is a Variable Compensation Analyst?

A Variable Compensation Analyst is a human resources or finance professional who designs, analyzes, and manages compensation programs that include bonuses, commissions, and other performance-based pay structures. They ensure that these programs align with company goals and comply with regulations, while also being competitive in the market. Their work involves data analysis, reporting, and frequent collaboration with management and sales teams to assess the effectiveness of incentive plans. By doing so, they help motivate employees and drive organizational performance.

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

AspectVariable Compensation AnalystCompensation Analyst
CredentialsBachelor's degree in HR, finance, or related field; certifications like CCP or CBPBachelor's degree in HR, finance, or related field; certifications like CCP or CBP
Work EnvironmentCorporate HR or finance departments, focusing on incentive plansHR or compensation teams, handling salary structures and benefits
Employer & Industry UsageUsed in finance, tech, and large corporations for incentive plansCommon across industries for overall compensation management

The main difference is that a Variable Compensation Analyst specializes in designing and managing incentive and bonus plans, while a Compensation Analyst focuses on overall salary structures and benefits. Both roles require similar credentials and often work within the same departments, but their core responsibilities differ in scope and focus.

More about Variable Compensation Analyst jobs
Infographic showing various Variable Compensation Analyst job openings in the United States as of May 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 88% In-person, 6% Hybrid, and 6% Remote job distribution, with an average salary of $81,051 per year, or $39 per hour.
Compensation Analyst

Full-time

Posted 2 days ago


Navy Federal Credit Union rating

8.1

Company rating: 8.1 out of 10

Based on 262 frontline employees who took The Breakroom Quiz

58th of 138 rated financial services


Job description

Job Description
Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.
The Compensation Analyst will design, analyze, model and administer compensation programs to ensure they are competitive and aligned with the strategic goals. This role will be responsible for job and pay structures, designing and assessing incentive programs, developing data insights, and conducting compensation analysis and reporting while ensuring compliance.
Responsibilities
  • Job and Pay Structure Maintenance: Maintain and update company-wide pay structures and job frameworks to support organizational growth and internal equity. Ensure accuracy and consistency across systems while aligning with compensation strategy.
  • Incentive Plan Design & Administration: Assist in the design and management of variable incentive programs, including sales incentives, long-term incentives and bonus plans. Partner with Finance and HR teams to model payouts, maintain accurate records, and ensure timely and accurate execution.
  • Compensation Modeling: Develop models and determine employee and cost impact of broad base pay reviews, changes to pay practices, and other compensation-related offerings.
  • Budget Collaboration: Work with finance and business leaders to manage and forecast the annual compensation budget, tracking and analyzing expenditures.
  • Compensation Analytics & Reporting: Deliver regular and ad hoc reports and analyses on compensation data, highlighting key trends in pay equity and market competitiveness.
  • MarketPay Administration: Oversee MarketPay administration, including maintaining and validating MarketPay reports, managing salary survey administration and annual survey submissions, supporting market pricing activities, and owning the ongoing relationship with MarketPay and our survey vendors to ensure data integrity, system optimization, and vendor alignment.
  • Compliance & Governance Oversight: Ensure compliance with applicable compensation regulations and maintain necessary documentation and auditing processes.
  • Cross-Functional Collaboration: Partner closely with HR Partners, HR Business Partners, Finance, and Legal teams to provide compensation guidance and ensure alignment with business and talent strategies.
  • Program & Process Improvement & Best Practices: Identify opportunities to streamline and improve compensation processes and programs and makes recommendations for future initiatives. Stay informed of market trends, emerging technologies, and evolving regulations to ensure ongoing program relevance and effectiveness.
  • Project Work: Participate in and occasionally lead small-scale compensation projects, such as system updates, process improvements, and research initiatives.

Qualifications
  • Greater than 5 years of experience in compensation or total rewards design and analysis.
  • Strong understanding of compensation frameworks, incentive plans, and compliance regulations.
  • Proficient with analytical tools, particularly Excel; experience with Tableau or Power BI is strongly preferred.
  • Demonstrated experience in data analysis, including regression analysis and visualization techniques.
  • Strong analytical and problem-solving skills, with attention to detail and organizational abilities.
  • Strong communication and stakeholder management skills, able to present complex data in an understandable format.

Desired Qualifications
  • MarketPay experience.
  • Experience with sales or executive compensation plans.
  • Familiarity with HR technology systems, particularly those related to compensation analysis, such as Oracle HCM.

Additional Information
Hours:
  • Monday - Friday, 8:00AM - 4:30PM

Locations:
  • 820 Follin Lane, Vienna, VA 22180
  • 5550 Heritage Oaks Drive, Pensacola, FL 32526
  • 141 Security Drive, Winchester, VA 22602

About Us
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.
Our approach to careers is simple yet powerful: Make our mission your passion.
  • FORTUNE 100 Best Companies to Work For® 2025
  • Yello and WayUp Top 100 Internship Programs
  • Computerworld® Best Places to Work in IT
  • Newsweek Most Loved Workplaces
  • 2025 PEOPLE® Companies That Care
  • Newsweek Most Trustworthy Companies in America
  • Military Times 2025 Best for Vets Employers
  • Best Companies for Latinos to Work for 2025
  • Forbes® 2025 America's Best Large Employers
  • Forbes® 2025 America's Best Employers for New Grads
  • Forbes® 2025 America's Best Employers for Tech Workers
  • 2025 RippleMatch Campus Forward Award Winner for Overall Excellence
  • Military.com Top Military Spouse Employers 2025
  • 2025 Handshake Early Talent Award

From Fortune. ©2025 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.
Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.
Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.
Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

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About Navy Federal Credit Union

Sourced by ZipRecruiter

Navy Federal Credit Union, based in Vienna, Virginia, United States, is a significant player in the financial services industry. Their official website is navyfederal.org. With its roots dating back to 1933, it was initially established to provide credit to Navy members. Over the years, Navy Federal has magnified its scope, evolving into a full-service credit union serving all branches of the military, the Department of Defense, veterans, and their families. The company’s core values include integrity, service, education, and leadership. Navy Federal aims to be the most preferred and trusted financial institution serving the military and their families.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Vienna, VA, US

Year founded

1933