Compensation Analyst

Posted 3 Days Ago
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Minneapolis, MN, USA
In-Office
77K-96K Annually
Mid level
Healthtech
The Role
Analyzes, develops, and implements compensation and recognition programs. Advises HR partners and leaders on pay practices, evaluates job descriptions and salary structures, manages compensation data in Workday and Payfactors, supports salary surveys and merit modeling, and oversees recognition vendors. The role also contributes to payroll, benefits, leave, policy, compliance, employee communications, and process improvement initiatives.
Summary Generated by Built In

Job Description:

Ryan Companies is hiring for a Compensation Analyst in our Minneapolis office. This role is responsible for the analysis, development and implementation of our Compensation and Recognition systems and programs. Reporting to the VP of Total Rewards, this role will partner and consult with HR and leaders, focusing on market competitive pay practices aligned with our company values and business strategy. This will also be responsible for our Recognition program and may be involved in select payroll and benefits projects.


Some things you can expect to do:

  • Consult with HR business partners and leaders on compensation topics.
  • Evaluate and review job descriptions to determine appropriate salary structures and exemption status.
  • Participate in annual salary surveys building competitive salary structures. Assist in maintaining current market data in Payfactors.
  • Assist in modeling annual merit increases, range penetration and internal equity.
  • Manage and review compensation data in Workday and partner with HR business partners and leaders to make compensation decisions
  • Support the development and maintenance of the company’s very popular recognition program. Manage vendors, ensuring a smooth experience aligned with company strategies.
  • Develop and update employee communications, ensuring they are clear, engaging, and consistent.
  • Help define and document policies and procedures that comply with external legislation and regulations.
  • Proactively identify opportunities to improve processes, enhance the employee experience, and increase efficiency across all total rewards programs.
  • Stay current on industry trends, regulatory updates, and emerging best practices to help keep Ryan’s programs competitive and compliant.
  • Involvement with select projects in Payroll, Benefits and Leaves.  

To be successful in this role you will need to have:

  • Bachelor’s degree in Human Resources or related field is preferred,
  • Minimum of 2-4 years progressive experience in Human Resources with at least 2 years focused in Compensation.
  • Or an Associate degree in Human Resources paired with 6+ years of experience focused in the Compensation area.
  • Equivalent military experience will be considered toward the required years of experience.

You will really stand out if you have :

  • Strong understanding of compensation methods, and practices, including job analysis and market pricing.
  • Analytical mindset, with exceptional attention to detail and accuracy and proficiency in Microsoft Excel.
  • Experience working with HR systems and market pricing platforms (Workday and Payfactors preferred).
  • Identify opportunities to improve processes, employee experience, and operational efficiency across leave and wellness programs.
  • Flexible, adaptable, collaborative, and solution-oriented with a continuous improvement mindset.
  • Foundation in FLSA classifications and regulations.
  • Excellent communication and customer service skills, with the ability to explain complex topics with clarity and empathy.
  • Ability to build strong relationships and engage effectively with team members at all levels of the organization.
  • Proven ability to handle confidential information with discretion and sound judgment.
  • Able to work independently with general supervision. Ability to multi-task and strong organization skills with exceptional attention to detail and accuracy.

Compensation:

The annual salary range is $77,000 - 96,000. The base rate may vary within the anticipated range based on factors such as the ultimate location of the position and the selected candidate's knowledge, skills and abilities.


Eligibility:

Position requires verification of employment to work in the U.S.


Benefits:

  • Competitive Salary
  • Medical, Dental and Vision Benefits
  • Retirement and Savings Benefits
  • Flexible Spending and Health Savings Accounts
  • Life Insurance
  • Short-Term and Long-Term Disability
  • Educational Assistance
  • Paid Time Off (PTO)
  • Employee Assistance and Wellness Programs
  • Family Planning & Parenting Benefits
  • Employee Discount Programs
  • Pet insurance
  • Charitable Donation Matching
  • Volunteer Time Off (VTO)
  • Employee Resource Groups (ERGs)

Disclaimer: Eligibility may vary based on factors such as role, hours worked, employment status, length of service, location, and other considerations. Detailed information will be shared with eligible candidates during the hiring process, and the official terms and conditions will be outlined in each individual offer document.

Ryan Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.


Notice to Candidates:

Please be advised that initial outreach regarding employment at Ryan Companies will only occur via email from the domain @ryancompanies.com email address. If you recieve communication from someone you believe is impersonating Ryan Companies, please report it to us at [email protected]

Non-Solicitation Notice to Recruitment Agencies:

Ryan Companies kindly requests that recruitment agencies and third-party recruiters do not submit unsolicited resumes or candidate information to any Ryan Companies employee or office. Ryan Companies will not be responsible for any fees or expenses associated with unsolicited submissions. If recruitment services are required, we will reach out directly to agencies on our approved vendor list. We appreciate your understanding and cooperation.

Skills Required

  • Bachelor's degree in Human Resources or a related field
  • 2-4 years of progressive Human Resources experience, including at least 2 years focused on Compensation
  • Associate degree in Human Resources combined with 6 or more years of Compensation-focused experience
  • Equivalent military experience may count toward required years of experience
  • Understanding of compensation methods and practices, including job analysis and market pricing
  • Analytical mindset and strong attention to detail and accuracy
  • Proficiency in Microsoft Excel
  • Experience with HR systems and market pricing platforms, preferably Workday and Payfactors
  • Foundation in FLSA classifications and regulations
  • Excellent communication, customer service, relationship-building, and organizational skills
  • Ability to handle confidential information with discretion and sound judgment
  • Ability to work independently with general supervision and manage multiple tasks
  • Verification of employment eligibility to work in the United States

Ryan Companies Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ryan Companies and has not been reviewed or approved by Ryan Companies.

  • Retirement Support — Retirement programs are characterized by a dollar-for-dollar 401(k) match and additional employer contributions tied to company performance. These features make total compensation feel notably strong for many roles.
  • Healthcare Strength — Health coverage includes comprehensive medical, dental, and vision plans, alongside HSAs/FSAs and an expanded EAP for mental health support. The breadth of offerings indicates support for wellbeing beyond basic coverage.
  • Leave & Time Off Breadth — Time-off options span flexible PTO, paid holidays, paid volunteer hours, and a sabbatical program for long-tenured employees. These programs provide flexibility for rest, community engagement, and personal pursuits.

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The Company
HQ: Minneapolis, MN
1,868 Employees
Year Founded: 1938

What We Do

At Ryan Companies, we believe the value of the buildings we design, develop, finance, manage and construct is about more than dollars and cents – it’s also about the value they bring to the people who use them and the communities that surround them.

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