Formenergy
Senior Compensation Analyst
Somerville, MA, Remote. Posted 2 months ago
The role
The Senior Compensation Analyst will lead salary benchmarking, shape job structures, and manage pay programs. This person will serve as a trusted advisor to HR partners and leadership.
What you will do
- Lead participation in industry salary surveys and analyze competitive market data.
- Evaluate new and existing roles to establish job levels, titles, and FLSA exemption statuses.
- Facilitate the annual pay review process by building budgets, auditing data, and setting up tools.
- Partner with HR and managers to advise on pay strategies.
- Ensure compensation practices comply with federal, state, and local labor laws.
- Perform ongoing internal pay equity reviews.
- Help design, model, and audit short- and long-term incentive plans.
- Partner with finance and payroll to validate cycle payouts and manage plan rollouts.
- Build dynamic compensation models, dashboards, and ad-hoc reports.
Required qualifications
- Bachelor’s degree in HR Management, Finance, Accounting, Business, Economics, Math, Statistics, or a related field.
- 5+ years in Compensation, Total Rewards, or HR Analytics.
- Proven experience building enterprise Job Architecture frameworks.
- Comprehensive understanding of Total Rewards, compensation philosophy, and competitive incentive design.
- Hands-on experience with standard market-pricing tools.
- Skilled in pulling data and running reports in major HRIS platforms and compensation software.
- Use of HR metrics to guide rewards strategy.
- Strong consulting, project management, and communication skills.
Nice to have
- Certified Compensation Professional (CCP).
- SHRM-CP or PHR.
Benefits
- Relocation assistance is available.
- Stock options.
- 100% medical, dental, and vision premiums for full-time employees.
- 80% healthcare premiums for dependents.
- At least 12 weeks of paid leave for new parents.
- Up to 20 weeks of paid leave for birthing parents.
- Generous vacation policies.
About the company
Form Energy is an American manufacturing and energy technology company. They are revolutionizing energy storage with cost-effective, multi-day technology designed to keep the electric grid secure and reliable.