Senior Compensation Analyst

Apply Now

Job Summary

The Senior Compensation Analyst plays a key role in driving the effectiveness of our global compensation programs. This role offers hands-on ownership of core processes along with opportunities to expand skills in analytics, Workday, and broader compensation practices, while contributing to impactful initiatives in a dynamic environment.

MathWorks follows a hybrid work model, requiring staff to work on-site at our Natick headquarters 3 days a week and remotely for 2 days. We do not offer fully remote positions.

Responsibilities

• Serve as the primary compensation partner to HR business partners and business leaders for assigned departments.
• Lead compensation-related activities in Workday—including annual salary reviews, bonus programs, salary changes, promotions, and transfers—while consulting with the HRIS team to ensure alignment and system integrity.
• Oversee the release of compensation statements (salary increases, bonuses, promotions, etc.) and respond to related staff inquiries with clarity and accuracy.
• Review, validate, and submit annual compensation surveys to ensure accurate and timely market benchmarking.
• Conduct job evaluations and manage job profiles, including assessment, creation, and compensation structure assignments.
• Perform compensation analyses and audits to ensure competitiveness, internal equity, and compliance with regulations.
• Contribute to strategic initiatives and projects that enhance compensation effectiveness, such as pay equity, market benchmarking, and program design improvements.
• Maintain ownership of compensation process documentation, ensuring accuracy and completeness.
• Provide reports and insights using Excel and Workday tools to support decision-making.
• Partner with senior team members to gain exposure and contribute to evolving compensation practices.

Minimum Qualifications

• A bachelor's degree and 6 years of professional work experience (or a master's degree and 3 years of professional work experience, or equivalent experience) is required.
• Workday
• Visa sponsorship will not be provided for this position.
• Candidates for this position must be authorized to work in the United States on a full-time basis for any employer without restriction.

Additional Qualifications

• Strong analytical skills with advanced Excel proficiency (pivot tables, complex formulas, data validation).
• Hands-on experience with Workday Compensation modules, including configuration and testing.
• Knowledge of job evaluation, market benchmarking, survey participation, pay equity practices, and compensation regulations.
• Strong written and verbal communication skills; ability to document and explain processes clearly.
• Project management ability with a process improvement mindset; takes initiative and drives efficiencies.
• Intellectual curiosity and adaptability; able to manage multiple priorities and contribute to evolving compensation practices.
• Global compensation experience, preferably in a technology company.

Why MathWorks?

It's the chance to collaborate with bright, passionate people. It's the opportunity to accelerate the pace of discovery, innovation, and learning in engineering and science. And it’s a commitment to doing the right thing—for each individual, our customers, and the local community. We cultivate an enjoyable, participatory, and rational environment that champions individual growth, encourages initiative, values collaboration, shares success, and rewards excellence.

MathWorks develops MATLAB and Simulink, the leading technical computing software used by engineers and scientists. The company employs more than 6,500 people in 16 countries, with headquarters in Natick, Massachusetts, USA. MathWorks is privately held and has been profitable every year since its founding in 1984.

YOU + MathWorks = Unlimited Possibilities

Apply now

Join Our Talent Network

Receive personalized job opportunities, stories, and company updates.

Join today