Compensation Analyst

About the Position

We are seeking a detail-oriented and analytical Compensation Analyst to join our People Science & Analytics team. You will analyze compensation data, generate insights, support compensation processes, and contribute to the development of reports and analytical solutions that enable data-driven decision-making across the organization.

Responsibilities

• Analyze compensation data to identify trends, patterns, and potential risks, and translate findings into meaningful insights
• Support compensation initiatives, including salary review cycles, compensation planning, pay equity analysis, and other compensation-related activities
• Conduct compensation analysis and salary benchmarking using internal and external data sources
• Prepare reports, dashboards, and analytical materials to support compensation processes and decision-making
• Contribute to the development and improvement of analytical approaches, reporting solutions, and data products in collaboration with Compensation and technical teams
• Support ad hoc compensation analysis requests by gathering data, performing analysis, and preparing recommendations
• Ensure the accuracy, consistency, and confidentiality of compensation data and analytical outputs

Requirements

• 2+ years of experience in compensation, FP&A, finance, reporting, HR analytics, consulting, or other analytical roles
• Strong analytical and critical thinking skills, with the ability to analyze complex data and draw meaningful conclusions
• Proficiency in Excel (PivotTables, Power Query)
• Ability to structure tasks, investigate data, and proactively identify solutions
• High level of accuracy, attention to detail, and ownership of data quality
• Ability to handle confidential compensation and employee data with discretion
• English - B2 level

Nice to Have

• Experience with Power BI or other BI tools for reporting and dashboard development
• Knowledge of SQL, VBA, or R
• Experience with compensation analytics, salary benchmarking, or HR data analysis
• Proficiency in PowerPoint

We Offer

• We connect like-minded people: Delivering innovative solutions to industry leaders, making a global impact
• Enjoyable working environment, whether it's the vibrant office or the comfort of your own home
• Opportunity to work abroad for up to two months per year
• We invest in your growth: Leadership development, career advising, soft skills and well-being programs
• Unlimited access to EPAM's internal learning database
• Free English classes with certified teachers
• We cover it all: Comprehensive medical & family care package
• Seven trust days per year (sick leave without a medical certificate)
• Discounts from 800+ partners (sports activities, restaurants, stores and services)