Compensation Analyst

Cleveland-Cliffs - Cleveland, OH

Hiring: Compensation Analyst Company: Cleveland-Cliffs Location: Cleveland, OH Job Posted Time: 2026-09-02 17:56:50 Employment Type: Full-time Target Skills & Keywords: Compensation Administration, Total Rewards, Job Evaluation, Market Pricing, FLSA Classification, Benchmarking, Equity Compensation, Executive Compensation, Annual Compensation Planning, HRIS (Workday), Advanced Excel, Data Analysis, Pay Equity, HR Metrics, Compliance Experience: - 3–5 years of experience in Compensation Administration required - Related analytical roles in Human Resources, Total Rewards, Finance, or related functions may be considered - Experience supporting core compensation processes, including job evaluation, market pricing, workforce planning, and annual compensation planning Required Skills: - Analyze and administer a broad range of compensation programs, including base pay, annual incentives, and select executive compensation elements (e.g., equity awards, retention programs) - Develop and deliver compensation recommendations, including job evaluations, FLSA classification determinations, organizational structure evaluation, and pay adjustments aligned to market and internal equity - Participate in compensation surveys end-to-end, including job matching, data submission, and analysis of benchmarking results - Leverage benchmarking tools, market data, and internal comparisons to evaluate roles, establish and maintain competitive salary ranges, and identify emerging market trends - Support the annual compensation planning cycle, including merit, bonus, and equity planning processes, system administration, and validation of results - Assist in the administration of executive and equity compensation programs, including processing equity transactions and maintaining accurate records - Serve as a point of contact for equity-related inquiries on vesting, taxation, and transaction processes - Maintain and update equity tracking systems and employee records, ensuring data integrity and accurate reporting - Perform advanced data analysis on compensation programs and HR metrics to identify trends, risks, and opportunities - Conduct regular audits of compensation data, programs, and transactions to ensure accuracy, consistency, and compliance - Partner closely with HR, Finance, and Payroll teams to ensure alignment and seamless execution of compensation and equity processes - Identify, recommend, and support system enhancements related to compensation and equity administration - Advanced Excel skills with the ability to analyze and interpret complex data sets; strong overall Microsoft Office proficiency - Working knowledge of compensation regulations, including FLSA and general compliance requirements - Effective communication skills with the ability to clearly explain compensation concepts to Human Resources, leaders, and employees - Ability to manage multiple priorities and work effectively in a fast-paced, deadline-driven environment - Adaptability and flexibility to navigate ambiguity and provide practical, well-reasoned recommendations - Sound judgment and ability to handle sensitive and confidential information with discretion - Strong analytical, problem-solving, and organizational skills with attention to detail - Demonstrated ability to build effective working relationships and deliver excellent customer service across all levels of the organization Qualifications: - Bachelor's degree in Human Resources, Business Administration, Finance, or a related field required - Certified Compensation Professional (CCP), Certified Equity Professional (CEP), or progress toward certification preferred - Exposure to executive compensation and/or equity or stock plan administration preferred - Familiarity with compensation surveys, benchmarking methodologies, and market data analysis - Proficiency with HRIS systems (Workday strongly preferred) Compensation: - Salary range: $80,000–$110,000 - Pay within the salary range will be based on numerous factors, including relevant education, qualifications, experience, skills, geographic location, and business or organizational needs - Excellent total compensation package, including competitive pay with variable compensation opportunity, health insurance, retirement plan, education assistance, paid time off, and more Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don’t miss this opportunity to join a forward-thinking team!