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Compensation Analyst – Tampa: manage compensation strategy, data analysis, and compliance for a global law firm.
Collaborate with HR, use Workday and Payfactors, and support equitable, competitive pay practices in a dynamic team.
General Description
The Compensation Analyst supports the firm’s compensation strategy by assisting with the analysis, administration, and maintenance of compensation programs across domestic and international offices. This role partners closely with Human Resources team members and HR leadership to provide data-driven insights, ensure internal equity, and maintain competitive compensation practices.
Key Responsibilities and Essential Job Functions
- Support the administration of the firm’s compensation processes, including annual increase and bonus cycles for non-partner, paralegal, and staff populations.
- Assist in reviewing salary and bonus recommendations by preparing data, conducting analyses, and identifying potential inconsistencies or issues.
- Conduct market research and analyze competitive compensation data to support pay recommendations for open and newly created positions.
- Maintain and update compensation data within the firm’s market pricing tool (Payfactors) to ensure accurate benchmarking.
- Prepare compensation survey submissions and assist in gathering data for benchmarking and budgeting purposes.
- Provide compensation-related support to HR team members by answering questions, preparing reports, and supplying relevant data.
- Assist with job description updates and support the job classification process, including FLSA, EEOC, and salary grade assignments for new roles.
- Partner with HRIS staff to ensure Workday compensation data—including salary structures, job profiles, and pay changes—is accurate and up to date.
- Support process improvement efforts by identifying and recommending opportunities to streamline compensation workflows and enhance automation within Workday.
- Help ensure compensation practices comply with federal, state, and local laws and regulations.
- Participate in special projects and other compensation-related initiatives as assigned.
- Expected to maintain a regular and predictable work schedule and full attention to and engagement in work activities on behalf of the firm during business hours unless otherwise approved or required by applicable law.
Required Skills
- Foundational knowledge of compensation principles, market pricing, and job evaluation methodologies.
- Strong analytical skills with the ability to interpret data, identify trends, and present findings clearly.
- Proficiency with HCM systems; experience with Workday and Payfactors is a plus.
- Intermediate to advanced Excel skills, including vlookups and pivot tables.
- Strong attention to detail and ability to prioritize multiple tasks in a fast-paced environment.
- Effective communication and interpersonal skills, with the ability to collaborate across teams.
- Knowledge of federal and state compensation and wage-and-hour regulations.
- Knowledge or ability to learn Microsoft Office Suite, or Microsoft 365.
Required Qualifications & Education
2–4 years of experience in compensation, HR analytics, or a related HR function; law firm experience a plus. Bachelor’s degree required, preferably in Human Resources, Business, Finance, Economics, or a related field.
Preferred Qualifications & Education
CCP coursework or certification is preferred.
Physical Requirements
Ability to sit or stand for extended periods of time. Moderate or advanced keyboard usage.
Benefits
Our goal is to promote a work environment in which individuals have access to the resources they need to be their best both professionally and personally, which includes resources that encourage individuals to focus on their health and well-being. Below are the benefits we offer: comprehensive medical (PPO and HDHPs), dental and vision plans including coverage for domestic partners; life and AD&D insurance; short and long term disability insurance; tax-advantaged accounts for health care expenses, including FSAs and HSAs; FSAs for dependent care; health advocacy services; behavioral health and counseling resources for all family members; 401(k); profit sharing; backup dependent care; senior care planning support; resources for individuals with development disabilities and their caregivers; and paid holidays and other paid time off, including paid leave for new parents.
Equal Opportunity Employer / Legal Notice
Holland & Knight is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy, childbirth or related conditions, transgender status, and sexual orientation), national origin, age, disability, genetic information, veteran status or any other factor prohibited by law. Applicants who are interested in applying for a position and require an accommodation during the process should contact ApplicantAccommodations@hklaw.com . Personal Information collected from applicants will be used for the purpose of processing the application throughout any recruitment or employment process, as well as inclusion in a personnel file. Categories of data collected may include name, address, phone numbers, email, Social Security Number, and signature. Holland & Knight may collect further information if you consent to a background check. This includes criminal background, employment, and certifications. Please visit Legal Information Portal for Holland & Knight LLP’s privacy policies.