Compensation Analyst

Location: Medellín, Colombia (On-site)

Schedule: Monday – Friday | Availability between 7:00 AM and 8:00 PM

English Level: B2+ Required

About the Opportunity

We are seeking a highly analytical and strategic Compensation Analyst to help build and scale compensation programs from the ground up.

This is a unique opportunity to partner directly with HR Leadership, Finance, Talent Acquisition, and HR Business Partners to design compensation structures, salary frameworks, and decision-making tools that will support organizational growth and talent retention.

The adecuado candidate has strong compensation experience, advanced analytical skills, and a proven track record of designing compensation programs rather than simply maintaining them.

Key Responsibilities

Compensation Strategy & Structure

- Build salary bands and compensation structures from scratch using market benchmarking data.
- Design and maintain job architecture frameworks, including job levels and titles.
- Support salary equity, career progression, and hiring consistency through compensation programs.
- Develop compensation tools and frameworks that support scalable business growth.

Market Analysis & Benchmarking

- Conduct compensation benchmarking using tools such as:
- Radford
- Mercer
- CompAnalyst
- PayScale
- Analyze market trends and compensation practices.
- Provide recommendations based on competitive market data.

Merit & Compensation Programs

- Redesign and support annual merit review processes.
- Build compensation models and budget scenarios.




- Support approval workflows and compensation planning.
- Conduct post-cycle analysis and reporting.

Analytics & Reporting

- Create compensation dashboards, reports, and decision-support tools.
- Develop offer recommendation models for Recruitment and HR teams.
- Analyze workforce and compensation data to identify trends and opportunities.

Pay Equity & Compliance

- Conduct pay equity analyses and identify retention risks.
- Evaluate compensation consistency across employee groups.
- Ensure compensation practices align with business objectives and market competitiveness.

Process Improvement & Innovation

- Identify and implement AI-powered tools to improve:
- Benchmarking speed
- Analysis accuracy
- Reporting efficiency
- Partner with HR, Finance, Recruiting, and Legal teams on compensation initiatives.
- Contribute to the modernization of compensation processes and programs.

Required Qualifications

- 3+ years of experience in:
- Compensation
- Total Rewards
- HR Analytics
- Compensation Planning
- Proven experience building:
- Salary structures
- Compensation frameworks
- Job architectures
- Experience supporting or leading a complete merit cycle, including:
- Budget planning
- Compensation execution
- Payroll reconciliation




- Advanced Excel skills, including modeling and data analysis.
- Hands-on experience with compensation benchmarking tools such as:
- Radford
- Mercer
- CompAnalyst
- PayScale
- Experience working with HRIS or HCM platforms.
- Advanced English proficiency for interaction with U.S.-based stakeholders.
- Ability to handle highly confidential information.

Preferred Qualifications

- Experience in SaaS, HCM, technology, or private-equity-backed organizations.
- Experience designing incentive compensation and variable pay programs.
- HR or Compensation certifications such as:
- CCP
- PHR
- SHRM-CP
- Experience using AI tools within analytical or compensation functions.
- Familiarity with:
- isolved People Cloud
- Workday
- Other HCM platforms

Technical Skills

- Compensation Analysis
- Salary Benchmarking
- Total Rewards
- Job Architecture Design
- Market Pricing
- Pay Equity Analysis
- Workforce Analytics
- Advanced Excel
- HRIS/HCM Systems
- Reporting & Dashboards
- Data Modeling
- Compensation Planning

Why Join Us?

- Opportunity to build compensation programs from the ground up.
- Direct exposure to senior HR and Finance leadership.
- Strategic impact across compensation, talent, and business growth initiatives.
- Work on high-visibility projects that influence company-wide decisions.
- Career growth within a dynamic and data-driven organization.

Apply Today

If you have a passion for compensation strategy, data analysis, and business partnership, we'd love to hear from you.

📌 Compensation Analyst (Medellín)
🏢 Solvo
📍 Medellín