Compensation Analyst

Barr Engineering Co.

Compensation Analyst supporting Barr’s compensation programs, providing data for decision making in Minneapolis, Minnesota. Administering compensation compliance and enhancing payroll processes in hybrid work environment.

Posted 4/26/2026full-timeMinneapolis • Minnesota • 🇺🇸 United StatesJuniorMid-Level💰 $70,000 - $85,000 per yearWebsite

About the role

Key responsibilities & impact

administering annual compensation programs, ensuring regulatory compliance
conducting FLSA classification evaluations, completing surveys and analyzing and sharing results with leaders
preparing compensation reports, assisting with compensation-related communications, and identifying and assisting with the implementation of continuous improvements
maintaining accurate compensation data in Workday
conducting pay equity analyses
issuing total rewards statements
assisting with the development of the annual bonus distribution plan
administering the annual salary setting process in collaboration with business unit and business support group managers
processing mid-year pay adjustments as needed
conducting FLSA evaluations to ensure compliance
monitoring minimum wage requirements at the federal and state levels
monitoring new regulations related to compensation
participating in salary surveys and analyzing the results, summarizing results to share with managers and company leaders
preparing market data analyses for new and existing roles across the organization, including internal equity analyses
administering the process of annual salary communications, in collaboration with managers and the Information Systems (IS) team, writing annual salary budget memorandums to company leaders, and educating employees and managers on compensation practices
assessing current processes and identifying opportunities to streamline compensation processes in collaboration with managers

Requirements

What you’ll need

bachelor’s degree in a related field with an emphasis in human resources, finance, economics, mathematics, or other analytical field of study or equivalent work experience
two years of related compensation analysis experience in a similar role
Experience using sophisticated HCM systems
Experience maintaining and auditing data quality, including establishing best practices and related documentation
Experience identifying, recommending, and implementing compensation process improvements
Deep knowledge of compensation practices and related employment laws
Strong written and oral communication skills with the ability to communicate effectively with technical and non-technical audiences
Strong technical and problem-solving skills
Strong client service skills, including the ability to understand, educate, and build relationships with internal clients
Excellent organizational skills, including the ability to confirm priorities with stakeholders, and plan, monitor, and follow through on work commitments to anticipate, meet, or exceed client expectations
Excellent interpersonal, oral, and written communication skills
Strong attention to detail, accuracy, and completeness in work output
Advanced Microsoft Excel skills
Must be legally authorized to work in the United States without the need for sponsorship by Barr, now or in the future

Benefits

Comp & perks

Competitive, affordable insurance plans: Medical, dental, vision, life, disability, accidental death insurance, and flexible spending accounts for medical and dependent care
Retirement benefits: 401(k) retirement savings plan with company contribution and an Employee Stock Ownership Plan (ESOP) with company contribution in Barr stock
Profit distribution: Barr has a "no retained earnings" model and distributes all profit to our employees through our annual bonus distribution plan, ESOP, and dividends to shareholders
Professional development benefits: Annual time and expense allowances, mentorship program, and many internal training opportunities
Work/life balance: Paid time off, holidays, overtime for non-exempt/hourly staff, and compensatory time for exempt/salaried staff (time off or pay for extra time worked), paid family leave
Wellness focus: Ergonomic analysis and equipment, Personal Protective Equipment allowance, wellbeing-focused educational opportunities

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

compensation analysisFLSA classificationpay equity analysisdata quality auditingcompensation process improvementsmarket data analysissalary setting processannual bonus distributionMicrosoft ExcelHCM systems

Soft Skills

written communicationoral communicationclient serviceorganizational skillsinterpersonal skillsproblem-solvingattention to detailrelationship buildingstakeholder managementprocess improvement