workday
Posted 1 day ago
Senior Compensation Analyst
Job description
Job Classification: Corporate - People Team Your Team The Compensation team within Prudential's Total Rewards organization plays a critical role in enabling data-driven talent decisions. Through market intelligence, compensation analytics, job architecture, and strategic consulting, the team partners across the enterprise to design and deliver compensation solutions that support business objectives and employee growth. The Senior Compensation Analyst will have the opportunity to work on high-impact initiatives while influencing pay decisions and compensation strategies across a diverse organization. Location: Newark, NJ with a hybrid work arrangement ( 3 days/ week in office) Here is What You Can Expect on a Typical Day As a Senior Compensation Analyst, you will partner with People Team colleagues and business leaders to provide compensation insights, recommendations, and solutions that support talent and business strategies. Key responsibilities include: Partner with People Business Leaders and business leaders to support data-driven compensation decisions related to hiring, promotions, internal mobility, and talent management. Develop thoughtful compensation recommendations and analyses that balance internal equity, market competitiveness, and business needs. Conduct market pricing, job evaluations, and benchmarking activities using survey data and external market intelligence. Evaluate the quality, relevance, and applicability of compensation survey data and market sources to support compensation decisions. Support the evolution and communication of Prudential's Compensation and Total Rewards philosophy, guiding principles, and programs. Contribute to the ongoing enhancement of job architecture and the job catalog to support career pathing, talent planning, and market alignment. Provide compensation support and guidance for emerging, high-demand, and strategically critical roles. Deliver compensation analyses and insights that help address workforce, staffing, and talent-related challenges. Partner on compensation projects and annual processes, ensuring effective execution and continuous improvement. Translate complex compensation data into clear, actionable insights for leaders and non-technical audiences. The Skills and Expertise You Bring Bachelor’s degree in Human Resources, Business Administration, Finance, Data Science, Analytics, or a related field, or equivalent professional experience; advanced degree preferred. Proven experience supporting compensation programs, market analysis, benchmarking, and survey participation highly desired. Strong analytical and problem-solving skills with the ability to interpret complex data and provide actionable recommendations. Advanced Excel and data management capabilities; experience with automation, AI-enabled tools, predictive analytics, or modeling is a plus. Ability to synthesize large volumes of data and communicate meaningful insights to a variety of stakeholders. Strong verbal, written, and presentation skills, including the ability to explain technical concepts to non-technical audiences. Proven ability to build relationships, collaborate across teams, and influence stakeholders at multiple levels. Strong project management and organizational skills, with the ability to manage competing priorities and deadlines. Detail-oriented and intellectually curious with a continuous improvement mindset.
Experience
with Workday, CompAnalyst, or other compensation technology platforms is a plus.
Experience
supporting global or international compensation programs is a plus. Financial services industry experience is a plus. Success in This Role The successful candidate will be a strategic thinker who combines strong analytical capabilities with sound judgment, business acumen, and a collaborative approach. They will bring a passion for using data to solve complex people challenges while helping Prudential deliver competitive, equitable, and effective compensation programs. #LIhybrid What we offer you: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $89,000.00 to $147,000.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Market competitive base salaries, with a yearly bonus potential at every level. Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. 401(k) plan with company match (up to 4%). Company-funded pension plan. Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs. Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education
Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs. Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period). Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week. Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law. If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit news.prudential.com. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential. PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com. Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com. PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.
Skills and functions
- Data Science
- Human Resources