Follett Higher Education · 8 hours ago
Lead Compensation Analyst
United States
Full-time
Remote
Senior Level, Lead/Staff
$85K/yr - $95K/yr
5+ years expFollett Higher Education is a leading educational service provider and omnichannel retailer, providing essential resources for the collegiate journey. The Lead Compensation Analyst is responsible for designing, evaluating, and administering the organization's compensation programs, ensuring they are equitable and aligned with organizational goals.
EducationLanguage LearningTraining
Responsibilities
Lead the design, analysis, and implementation of compensation programs, including base pay, variable pay, and incentive structures, including (Long & Short-term Incentives, Equity, and Executive compensation programs)
Partner with HR leadership to develop compensation strategies that support business objectives and talent goals
Evaluate and refine job architecture, pay structures, and salary bands to ensure internal equity and market competitiveness
Oversee annual compensation cycles, including merit planning, market adjustments, bonuses, and promotional increases
Lead market benchmarking processes using external surveys and industry data to maintain competitive compensation practices
Conduct complex data modeling, trend analysis, and forecasting to support compensation recommendations
Perform pay equity analyses and propose corrective actions
Serve as the primary compensation advisor to HR Business Partners, Talent Acquisition, and senior leadership
Provide guidance on job evaluations, offers, retention strategies, and organizational redesign
Communicate compensation philosophies, program changes, and insights through clear, compelling storytelling and presentations
Maintain systems that support Compensation plans
Lead optimization of compensation tools, HRIS integrations, and reporting dashboards
Drive process improvements that enhance accuracy, efficiency, and employee experience
Mentor and provide coaching to compensation analysts and HR partners
Ensure adherence to federal, state, and local compensation laws, including FLSA and pay transparency regulations
Develop, update, and maintain compensation policies, guidelines, and governance frameworks
Prepare compensation-related materials for internal audits and leadership reviews
Qualification
Required
Bachelor's degree in human resources, finance, business administration, economics, or related field
5-7+ years of progressive compensation experience, including complex data analysis and program design
Strong expertise in market pricing, job evaluation methodologies, and compensation best practices
Ability to consider the legal and changing compensation landscape for non-exempt and exempt roles, including C-suite
Project Management skills and the ability to drive strategy while focusing on details
Advanced Excel skills (pivot tables, modeling, formulas) and familiarity with compensation or HRIS systems (ADP, Workday, SAP SuccessFactors, Oracle, etc.)
Excellent communication skills with the ability to translate data into actionable insights
Preferred
Certified Compensation Professional (CCP) or related certification preferred
Experience leading compensation cycles in a medium or large enterprise environment
Prior compensation experience in a retail organization is helpful
Background in managing both U.S. & Canadian compensation programs
Company
Follett Higher Education
Follett Higher Education is a leading educational service provider and omnichannel retailer providing students, faculty and staff, parents, and fans with the course materials, learning tools, and retail services needed to successfully support the academic journey.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Kevin Renshaw
Vice President Business Development & Strategic Partnerships
Mike McEneany
Vice President of Business Development & Strategic Partnerships
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