Compensation Analyst in Saskatoon, SK

Compensation Analyst Job Description

The compensation analyst is responsible for analyzing, developing, and administering compensation programs and policies to ensure internal equity and external competitiveness. This role requires a strong analytical mindset, attention to detail, and a deep understanding of compensation principles and Canadian employment law. Compensation analysts collaborate with HR and finance teams to provide data-driven recommendations to support the company's compensation strategy.

Typical compensation analyst duties:

Conduct job evaluations and analysis to determine appropriate salary ranges and job classifications.

Research and analyze salary data from market surveys to establish competitive compensation benchmarks.

Develop and maintain compensation structures, including base pay, incentives, and bonus plans.

Ensure compliance with all federal, provincial, and territorial compensation and wage regulations.

Assist with salary planning and budgeting processes.

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Salary for Compensation Analyst in Saskatoon, SK

84280 - 102410

25th percentile

84280

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

91630

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

102410

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Benefits Manager

78400

93100

107800

Benefits Specialist

71050

80115

87465

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