Aspen Technology

Senior Compensation Analyst

Aspen Technology

full-time

Posted on:

Location Type: Office

Location: BedfordMassachusettsTexasUnited States

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Salary

💰 $94,700 - $118,400 per year

Job Level

Tech Stack

About the role

  • Conduct market pricing analyses to benchmark internal roles against external market data
  • Map internal jobs to PayFactors based on job descriptions and closest matches
  • Make salary range midpoint recommendations supported by factual data and rationale, ready to present to HRBPs or HR Leadership Team (HRLT)
  • Maintain and update global salary ranges, ensuring alignment with market trends, business strategy, and Emerson guidelines
  • Monitor annual market data and prepare projections for salary structure movement and salary budgets, ensuring alignment with Emerson guidelines to support the annual compensation cycle
  • Build and maintain models to run projections on salary structures and annual compensation budgets, working closely with FP&A to ensure alignment with financial forecasts and organizational priorities
  • Ensure data integrity in Workday, PayFactors, and other HR systems to support accurate compensation decisions
  • Pull, clean, and analyze compensation data using Workday, Excel, and PayFactors
  • Conduct internal equity and pay compression analyses to identify, address, and prevent potential disparities across roles, levels, and geographies
  • Provide actionable insights and recommendations that balance market competitiveness, internal equity, and budget alignment
  • Participate in the annual salary review process, providing analysis, recommendations, and budget projections
  • Support global merit, bonus, and equity processes, ensuring fair and accurate implementation
  • Prepare and present compensation updates, recommendations, and rationale to HRBPs, HRLT, FP&A, and other stakeholders
  • Engage with FP&A to communicate projected costs, scenarios, and alignment with budgets
  • Collaborate with Legal teams to ensure compliance with local regulations, policies, and employment laws
  • Manage PayFactors platform setup, reporting, and maintenance for efficient compensation analysis
  • Provide functional compensation expertise and guidance to HRBPs, line managers, Total Rewards teams, FP&A, and Legal
  • Act as a subject matter expert on international compensation practices (APAC, MEA, EMEA) and equity considerations
  • Contribute to compensation-related projects and continuous process improvements, ensuring alignment with equity, market competitiveness, and business priorities

Requirements

  • Bachelor’s degree in Human Resources, Finance, Business Administration, or related field
  • 5–8 years in global compensation, with a focus on job evaluation, market pricing, and salary structure management
  • Hands-on experience with PayFactors and Workday HCM (Advanced Comp modules preferred)
  • Strong experience in building and analyzing compensation data, including Excel (advanced formulas, pivot tables, VLOOKUP), Power BI, and other analytics tools
  • Experience partnering with HRBPs, business leaders, FP&A, Legal, and cross-functional teams to support compensation strategy, including equity and stock-based programs, and job design
  • Strong analytical, problem-solving, and attention to detail skills
  • Ability to manage multiple projects and meet deadlines in a fast-paced, global environment
  • Excellent communication skills, capable of presenting insights, recommendations, and rationale to HRBPs, HRLT, and other stakeholders
  • Knowledge of global compensation practices, regulatory considerations, and equity principles
  • Collaborative, customer-focused, and able to influence across a matrixed organization
  • Experience with equity and stock-based compensation programs is preferred
  • Knowledge of Oracle Fusion HCM and Power BI is a plus
  • Certified Compensation Professional (CCP) or equivalent.
Benefits
  • medical/dental/vision insurance
  • retirement benefits
  • paid time off
  • charitable giveback day
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
market pricing analysissalary structure managementdata analysisjob evaluationcompensation modelingequity analysisbudget projectionsadvanced ExcelPower BIcompensation strategy
Soft Skills
analytical skillsproblem-solvingattention to detailcommunication skillscollaborationcustomer-focusedinfluencing skillsproject managementpresentation skillscross-functional teamwork
Certifications
Certified Compensation Professional (CCP)