Lead Compensation Analyst

The role

The Lead Compensation Analyst manages global compensation processes and advises HR and business leaders. The role leads the annual global compensation cycle, administers incentive programs, and manages job leveling and market benchmarking.

What you will do

• Act as the primary compensation advisor for HR Business Partners, Talent Acquisition, and business leaders
• Evaluate and market-price new and evolving roles to recommend job levels, salary bands, and job families
• Lead benchmarking projects using survey data
• Support administration of short-term (bonus) and long-term (equity/LTI) incentive programs
• Lead the global annual compensation review cycle, including eligibility audits, budget analysis, Workday testing, and payouts
• Model merit budgets, incentive payout forecasts, and cost scenarios for HR and Finance
• Analyze internal pay data for pay equity reviews and market positioning
• Build and deliver compensation training for managers and employees
• Maintain oversight of wage and hour, pay transparency, and labor compliance regulations
• Manage projects independently

Required qualifications

• Bachelor's degree in Human Resources, Business, Finance, Accounting, Economics, or a related field (or equivalent work experience)
• 7+ years of progressive compensation experience
• Hands-on experience in program administration, job evaluation, short-term incentives, and market benchmarking across multi-region or global operations
• Direct experience with Workday Core Compensation and Advanced Compensation modules
• Advanced proficiency in Excel or Google Sheets
• Hands-on experience with market pricing platforms and global salary survey data
• Strong consultative and presentation skills
• Understanding of job evaluation methodologies, market pricing, salary structures, and STI/LTI mechanics
• Working knowledge of FLSA, global pay transparency legislation, and international pay practices
• Ability to run projects independently and handle complex pay scenarios

Nice to have

• Certified Compensation Professional (CCP)
• Interest or experience in using AI tools to automate compensation analysis and workflows

Before you apply

• Application involves processing of personal information under the Lyra Health Workforce Privacy Notice

About the company

Lyra Health is a provider of evidence-based mental health care, serving over 20 million people globally in partnership with employers. It offers Lyra Empower, an AI-powered platform combining care and technology.