It's fun to work in a company where people truly BELIEVE in what they're doing!
Job Description Summary:
The Associate Compensation Analyst (P2) is an intermediate professional contributor responsible for supporting complex projects and assignments within the compensation function. The position requires knowledge of compensation practices, strong analytical capabilities, and the ability to influence stakeholders across the business to achieve operational results.Key Responsibilities
- Administer compensation programs and policies, including base pay, incentive, and equity, with a focus on operational excellence and continuous improvement.
- Conduct market pricing and benchmarking analyses using internal and external data sources; provide recommendations to ensure competitiveness and equity.
- Support the preparation and execution of the annual compensation planning cycle (merit, bonus, equity).
- Develop and present compensation reports, dashboards, and insights to support People Business Partners, Talent Acquisition, and business leaders in making informed decisions.
- Provide compensation guidance to business partners on job offers, promotions, internal movements, and pay program design.
- Maintain and refine job architecture frameworks, ensuring alignment of job levels, titling, and market benchmarks across functions and geographies.
- Participate in and help interpret compensation surveys; identify trends and recommend process or policy enhancements to strengthen compensation practices.
- Collaborate with internal and external contacts to resolve complex compensation issues that may require explanation, interpretation, or negotiation.
Experience and Qualifications:
- Bachelor’s degree in Business, Human Resources, Finance, or a related field.
- Minimum of 2-4 years of relevant compensation or HR experience, with demonstrated progression in responsibility and scope.
- Experience in market pricing methodologies, compensation tools, and HRIS systems (Workday experience preferred).
- Proven ability to support complex projects and assignments.
- Strong Analytical skills with the ability to interpret data, identify trends, and provide actionable insights.
- Effective communication and influencing skills, including the ability to explain compensation concepts to different teams.
- Strong attention to detail, accuracy, and confidentiality in handling sensitive data.
Travel Requirements:
<5% Minimal, infrequent travel
Information Security:
Information security is everyone’s responsibility. A fundamental principle of information security at Rocket Software is that all individuals in the organization have a responsibility for the security and protection of company information and IT Resources over which they have control, according to their role.
Diversity, Inclusion & Equity:
At Rocket we are committed to an inclusive workplace environment, where every Rocketeer can thrive by bringing their full selves to work. Being a Rocketeer means you are part of our movement to continually drive inclusivity, diversity and equity in our workforce.
#LI-JC1
#LI-Remote
What Rocket Software can offer you in USA:
- Unlimited Vacation Time as well as paid holidays and sick time
- Health and Wellness coverage options for Rocketeers and dependents
- Life and disability coverage
- Fidelity 401(k) and Roth Retirement Savings with matching contributions
- Monthly student debt benefit program
- Tuition Reimbursement and Certificate Reimbursement Program opportunities
- Leadership and skills training opportunities
EOE M/F/Vet/Disability. Rocket Software Inc. is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Rocket Software Inc. is also committed to compliance with all fair employment practices regarding citizenship and immigration status.
Rocket is committed to working with and providing reasonable accommodation to individuals with physical and mental disabilities. If you need special assistance or an accommodation while seeking employment, please call: 781-577-4321 or send an email to [email protected]. We will make a determination on your request for reasonable accommodation on a case-by-case basis.
As part of our commitment to a safe and trustworthy workplace, we include background and reference checks in our hiring process.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
Rocket Software Chicago, Illinois, USA Office
Chicago, IL, United States
Similar Jobs
.png)
What you need to know about the Chicago Tech Scene
Key Facts About Chicago Tech
- Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
- Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
- Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
- Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory
