New

Compensation Analyst III - Andover, MA

Mercury Systems
paid holidays, tuition reimbursement, 401(k), retirement plan
United States, Massachusetts, Andover
50 Minuteman Road (Show on map)
May 21, 2025
Back Compensation Analyst III #25-325 Andover, Massachusetts, United States Apply Apply for this job now! Apply Job Description The Compensation Analyst III is responsible for providing direct analytical support for the development and execution of compensation and performance programs and projects to ensure competitive, compliant, and rewarding compensation for Mercury. This position will provide analytical, reporting, and communication support and will collaborate with business and Human Resources stakeholders. Job Responsibilities: Acts as a main contact for day-to-day compensation matters, including monitoring and answering compensation and performance-related inquiries Conduct job evaluations and analysis of jobs, compensation benchmarking of base salaries, short-term and long-term incentives to evaluate internal equity, external competitiveness, and ensure compliance with FSLA Assists in the development and implementation of salary administration, compensation policies, and variable pay plans (e.g., merit, annual incentives, bonuses, awards, etc.) for salary administration, including policy review and pay structure development Provide pay ranges and recommendations for new hire offers, promotions, and job changes Compiles salary survey submission files, performs global job matching, ensuring accurate market data and internal data validation. Responsible for auditing data on a regular basis Assist in the development and updating of Mercury job descriptions Collaborate with Legal, Accounting, and Tax to ensure accurate reporting and compliance with applicable laws and regulations Assist in developing and maintaining procedures intended to maintain data integrity Participate in periodic pay equity and broad base pay studies, provide reports and data for projects Produce ad hoc analyses based on business requests Provide advice to HR Business Partners, Recruiters, and leaders on pay decisions, policy, incentive practices and guideline interpretation Support performance programs (e.g. goal setting, performance calibrations, ratings distribution, etc.) Collaborate with business and HR stakeholders to ensure performance differentiation Administer the annual performance and compensation cycles, including collaborating with internal HRIS and external vendor to execute smooth and accurate performance and compensation cycles Develop, analyze, and maintain complex Excel reports and models to support data analysis Act as back up of equity award administration and reporting All other duties as assigned Required Qualifications: Bachelor's degree in Business Administration, Finance, Human Resources, or equivalent field from an accredited college or university 3 to 5 years of experience working in Human Resources Experience conducting compensation benchmarking using market surveys (e.g., Radford, Mercer, WTW) to analyze competitive positioning and support job offers, promotions, and pay structure reviews. Familiarity with job architecture principles, including leveling, titling, and job family frameworks to support career pathing and pay equity. Advanced Excel skills (e.g., VLOOKUP, INDEX/MATCH, pivot tables, basic modeling) for analyzing large data sets and building compensation tools and models. Must have advanced-level Microsoft Excel skills Excellent analytical skills Ability to maintain a sense of urgency and execute quickly and efficiently Solid written and verbal communication skills; ability to succinctly summarize insights Ability to work well with multiple, changing priorities and tight deadlines Aerospace/Defense & Manufacturing environment a plus Preferred Qualifications: Certified Compensation Professional (CCP) course work or certification preferred ADP experience preferred "This position requires you to access information that is subject to U.S. export regulations. You may only access such information if you are a U.S. citizen, lawful permanent resident of the U.S., protected individual as defined by 8 U.S.C. 1324b(a)(3), or eligible to obtain the required authorizations from the U.S. government." Additional Information Mercury considers a variety of factors to determine individual base salary offers to candidates, including: * the role and related responsibilities; * prior work experience; * education, training, skills and certifications; * internal equity with others employed by Mercury in similar roles; * geographic location; and * alignment with market data. In addition to base salary, Mercury provides a variety of benefits for team members including: * bonus opportunities (or special incentives for sales positions); * health, life and disability insurance; * company-paid holidays and time off; * 401(k) retirement plan; * discounted employee stock purchase plan; * tuition reimbursement; and * access to professional development and personal wellness platforms including LinkedIn Learning, Headspace, Aaptiv and Virgin Pulse. Team members at the Director or Vice President level are also eligible to receive annual stock-based awards. Mercury offers a 9/80 alternative work schedule that provides employees more opportunity for work/ life balance (available based off location) Why Mercury? Why should you join Mercury Systems? Mercury Systems is a technology company that makes the world a safer, more secure place. We push processing power to the tactical edge, making the latest commercial technologies profoundly more accessible for today's most challenging aerospace and defense missions. From silicon to system scale, Mercury enables customers to accelerate innovation and turn data into decision superiority. Headquartered in Andover, Massachusetts, Mercury employs more than 2,300 people in 24 locations worldwide. To learn more, visit mrcy.com Our Culture We are committed to making Mercury a great place to work, no matter where our employees are located. We offer a casual and enjoyable atmosphere that allows employees to learn and grow. We help and care for one another and work as one to achieve results for us and for our customers. We value communication and transparency, and strive to foster two-way dialogue at all levels of the organization. We are committed to lifelong learning, offering comprehensive skills training and tuition reimbursement. Whether you're just starting out on your career journey or you are an experienced professional, it's important to us that you feel recognized and rewarded for your contributions. To find out more about Why Mercury?, or visit the Mercury Community or find answers to general questions at Mercury FAQs Mercury Systems is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex (including pregnancy), sexual orientation, gender identity, national origin, genetic information, creed, citizenship, disability, protected veteran or marital status. As an equal opportunity employer, Mercury Systems is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact the number below for assistance. (978) 256-1300 Click here read about our recent press release.