[Hiring] Lead Compensation Analyst @Lyra Health

Role Description

The Lead Compensation Analyst manages core global compensation processes and serves as an advisor to HR and business leaders. Reporting to the Director, Global Compensation, this lead individual contributor role blends data modeling with business consultation to keep our pay practices competitive, fair, and compliant across all operational regions.

In this role, you will:

• Lead the annual global compensation cycle.
• Administer short- and long-term incentive programs.
• Manage job leveling and market benchmarking.
• Run key total rewards initiatives.
• Partner directly with HR Business Partners, Talent Acquisition, Finance, and Sales Operations.
• Help managers and employees better understand our compensation philosophy and structures.

Responsibilities

• Compensation Consultation & Business Partnership
  • Act as the primary compensation advisor for HR Business Partners, Talent Acquisition, and business leaders.
  • Provide guidance on candidate offers, promotions, market adjustments, job evaluation and leveling, and other elements of compensation.
  • Partner with leaders to explain market trends, pay practices, and policy application across different regions.
  • Work cross-functionally with Sales Operations and Finance on shared compensation initiatives.
• Job Evaluation, Incentive Design & Market Benchmarking
  • Evaluate and market-price new and evolving roles.
  • Lead benchmarking projects using survey data to evaluate market competitiveness.
  • Maintain the global job catalog and architecture.
  • Support the analysis, evaluation, and administration of short-term and long-term incentive programs.
• Annual Compensation Cycle Administration
  • Lead the end-to-end planning and execution of the global annual compensation review cycle.
  • Model merit budgets, incentive payout forecasts, and cost scenarios for HR and Finance leadership.
  • Partner with Communications and Talent Development to create and deliver clear manager guidelines.
• Data Analysis, Reporting & Process Improvement
  • Analyze internal pay data to conduct pay equity reviews.
  • Turn complex datasets into clear summaries, dashboards, and executive presentations.
  • Serve as the functional expert for compensation systems.
  • Identify opportunities to leverage modern AI tools and technology.
• Training, Compliance & Project Management
  • Build and deliver compensation training materials.
  • Maintain active oversight of wage and hour regulations.
  • Manage projects independently.

Qualifications

• Education: Bachelor’s degree in Human Resources, Business, Finance, Accounting, Economics, or a related field (or equivalent work experience).
• Compensation Experience: 7+ years of progressive compensation experience.
• HRIS Skills: Direct experience with Workday (both Core Compensation and Advanced Compensation modules required).
• Analytical Skills: Advanced proficiency in Excel or Google Sheets.
• Benchmarking Platforms: Hands-on experience using market pricing platforms and global salary survey data.
• Communication & Influence: Strong consultative and presentation skills.

Requirements

• Deep understanding of job evaluation methodologies, market pricing, salary structures, and incentive plan mechanics.
• Strong working knowledge of compensation compliance regulations.
• Ability to run projects independently with minimal oversight.
• Demonstrated interest or experience in using AI tools and technology solutions.
• Certified Compensation Professional (CCP) preferred.

Benefits

• Comprehensive healthcare coverage (including medical, dental, vision, FSA/HSA, life and disability insurances).
• Lyra for Lyrians; coaching and therapy services.
• Equity in the company through discretionary restricted stock units.
• Competitive time off with pay policies including vacation, sick days, and company holidays.
• Paid parental leave.
• 401K with up to 3% matching.
• Monthly tech allowance.
• Well-being perks and activities, surprise swag, regular community celebration, and more!