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Job Description Summary:
The Compensation Analyst (P3) is an established professional contributor responsible for independently managing moderately complex projects and assignments within the compensation function. The position requires broad knowledge of compensation practices, strong analytical capabilities, and the ability to influence stakeholders across the business to achieve operational and strategic results.Key Responsibilities
Independently administer compensation programs and policies, including base pay, incentive, and equity, with a focus on operational excellence and continuous improvement.
Conduct market pricing and benchmarking analyses using internal and external data sources; provide strategic recommendations to ensure competitiveness and equity.
Support the preparation and execution of the annual compensation planning cycle (merit, bonus, equity).
Develop and present compensation reports, dashboards, and insights to support People Business Partners, Talent Acquisition, and business leaders in making informed decisions.
Provide compensation guidance to business partners on job offers, promotions, internal movements, and pay program design.
Maintain and refine job architecture frameworks, ensuring alignment of job levels, titling, and market benchmarks across functions and geographies.
Participate in and help interpret compensation surveys; identify trends and recommend process or policy enhancements to strengthen compensation practices.
Collaborate with internal and external contacts to resolve complex compensation issues that may require explanation, interpretation, or negotiation.
Required Qualifications:
Bachelor’s degree in Business, Human Resources, Finance, or a related field.
Minimum of 5 years of relevant compensation or HR experience, with demonstrated progression in responsibility and scope.
Strong expertise in market pricing methodologies, compensation tools, and HRIS systems (Workday experience preferred).
Proven ability to independently manage moderately complex projects and assignments.
Excellent analytical skills with the ability to interpret data, identify trends, and provide actionable insights.
Effective communication and influencing skills, including the ability to explain compensation concepts to different teams.
Strong attention to detail, accuracy, and confidentiality in handling sensitive data.
Travel Requirements:
<5% Minimal, infrequent travel
Information Security:
Information security is everyone’s responsibility. A fundamental principle of information security at Rocket Software is that all individuals in the organization have a responsibility for the security and protection of company information and IT Resources over which they have control, according to their role.
Diversity, Inclusion & Equity:
At Rocket we are committed to an inclusive workplace environment, where every Rocketeer can thrive by bringing their full selves to work. Being a Rocketeer means you are part of our movement to continually drive inclusivity, diversity and equity in our workforce.
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Rocket Software Inc. is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Rocket Software Inc. is also committed to compliance with all fair employment practices regarding citizenship and immigration status.
As part of our commitment to a safe and trustworthy workplace, we include background and reference checks in our hiring process.
Rocket is committed to working with and providing reasonable accommodation to individuals with physical and mental disabilities. If you need special assistance or an accommodation while seeking employment, please call: 781-577-4321 or send an email to [email protected]. We will make a determination on your request for reasonable accommodation on a case-by-case basis.
If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
Skills Required
- Bachelor's degree in Business, Human Resources, Finance, or a related field
- Minimum of 5 years of relevant compensation or HR experience
- Strong expertise in market pricing methodologies and compensation tools
- HRIS systems experience (Workday preferred)
- Excellent analytical skills with the ability to interpret data
- Effective communication and influencing skills
- Strong attention to detail, accuracy, and confidentiality in handling sensitive data
Rocket Software Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Rocket Software and has not been reviewed or approved by Rocket Software.
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Healthcare Strength — Healthcare coverage is positioned as comprehensive, including major plan options and HSA-compatible choices with employer contributions. Health insurance quality is framed as a meaningful component of overall total compensation.
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Leave & Time Off Breadth — Time off is characterized as generous and usable, and remote-friendly flexibility further supports work–life balance. Paid time off is repeatedly treated as a standout element of the overall package.
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Retirement Support — Retirement benefits include access to a 401(k) with an employer match and Roth 401(k) availability. Retirement offerings are described as typical for the industry and contribute positively to total rewards.
Rocket Software Insights
What We Do
Rocket Software empowers organizations to create legendary impact in the world through innovation in legacy technologies. With deep expertise in IBM Z, IBM Power, and database and connectivity solutions, Rocket solutions power tens of thousands of global businesses, solving real problems and making real-world impact. With more than 70% of the world’s IT workload running on legacy platforms, Rocket helps companies and public-sector organizations innovate using the technology and data they already have, so they can always be ready for what comes next. Rocket customers include 44 of the Fortune 50, representing industries including Banking and Finance, Healthcare, Manufacturing, Transportation and Logistics, Retail and Insurance. A Bain Capital portfolio company, Rocket is headquartered in the Boston area with centers of excellence strategically located throughout North America, Europe, Asia, and Australia.
