Lead Compensation Analyst

Ascensus is the leading independent technology and service platform powering savings plans across America, providing products and expertise that help nearly 16 million people save for a better today and tomorrow.

The Lead Compensation Analyst role will focus on compensation planning, market benchmarking, and the development and implementation of competitive reward strategies. This role will bring a deep understanding of compensation structures, salary surveys, and market data analysis in the India market context, supporting the attraction, retention, and motivation of top talent.

Section 2: Job Functions, Essential Duties and Responsibilities

• Compensation Planning & Analysis
• Collaborate with teammates to lead the annual compensation planning processes, including merit increases, promotions, and bonus recommendations for India.
• Analyze internal and external compensation data to ensure competitiveness and internal equity in accordance with the compensation strategy and philosophy of the organization.
• Develop and maintain salary structures, ranges, and job levels aligned to market competitiveness and internal equity.

• Market Data Management
• Support Partner with compensation leader in compensation surveys (e.g., Mercer, Aon, Willis Towers Watson) and analyze market data to identify trends and provide insights.
• Build and maintain compensation databases and dashboards for internal reporting and decision-making.
• Partner with global and regional teams to align market data analysis with broader compensation strategies.

• Total Rewards Strategy & Execution
• Contribute to the development and implementation of total rewards programs tailored to the local market.
• Support long- and short-term incentive plan design and rollout.
• Assist in communication and change management initiatives related to rewards programs.
• Participate in job evaluation, leveling, and job family governance using established frameworks.

• Stakeholder Collaboration
• Work closely with teammates, Talent Acquisition, and Finance to ensure alignment of compensation decisions with organizational goals.
• Serve as a trusted advisor to HR Business Partners and people leaders on compensation matters.
• Provide consultation and training to HR and line managers on compensation practices and tools.
• Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
• At Ascensus we are guided by our Core Values of People Matter, Quality First and Integrity Always. They inspire us every day to prioritize an environment of respect for those we serve and one another and should be visible in your actions on a day-to-day.
  
  

Supervision

• N/A
  
  

Section 3: Experience, Skills, Knowledge Requirements

• Bachelor’s degree in Human Resources, Business, Economics, or related field; MBA or professional HR certification (e.g., CCP, GRP) is a plus.
• 8+ years of progressive experience in compensation or total rewards, with strong exposure to India compensation practices.
• Strong analytical skills and proficiency in Excel, data visualization tools, and HRIS systems e.g., Workday.
• Demonstrated experience working with compensation surveys and benchmarking tools.
• Knowledge of Indian labor laws and regulatory guidelines related to compensation and benefits.
• Excellent communication skills and ability to present data-driven insights to diverse stakeholders.
  
  

We are proud to be an Equal Opportunity Employer

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