Panasonic

Compensation Analyst

Panasonic$77K — $130K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Human Resources, Business, Finance, Analytics, or related field, or 4 years relevant work experience in lieu of degree.
  • 2+ years of experience in compensation, HR analytics, or related analytical role.
  • Advanced Excel skills and proficiency with Microsoft 365 Suite including Power BI.
  • Understanding of compensation principles and exposure to job evaluation concepts.
  • Strong analytical, problem-solving, and critical thinking skills.

Responsibilities

  • Support and modernize the administration of global compensation programs.
  • Participate in compensation surveys and manage submissions and validations.
  • Prepare reports and recommendations on compensation-related programs.
  • Conduct market analysis and benchmarking to assess pay competitiveness.
  • Develop and deliver compensation reports and visualizations to support decision-making.
  • Review job descriptions and evaluate roles for proper job leveling and classification.
  • Ensure compliance with compensation-related regulations and support audits.

Benefits

  • Flexible paid time off with no fixed limit for exempt employees; additional vacation and sick days for non-exempt staff.
  • Comprehensive health insurance options including medical, dental, and vision coverage.
  • Voluntary benefits including life, accident, critical illness, and pet insurance.
  • Health management programs yielding support for various wellness needs, available from start date.
  • 401K plan with a 50% match on contributions, fully vested immediately.
  • Tuition reimbursement for job-related coursework.
Full Job Description
Overview

Compensation Analyst

Our new global headquarters is conveniently located in Irvine, CA near John Wayne Airport in the Park Place development. For our onsite and hybrid employees you will be able to enjoy amenities such as access to many restaurants and shops, running trails, a fitness deck, outdoor seating, dry cleaning, car wash, free garage parking, car charging stations, shuttle service for train commuters, outdoor games like bocce, horseshoes, gaming tables, pickle ball, and basketball. For more information on Park Place visit parkplaceirvine.com

Responsibilities

The Position:

The Compensation Analyst I supports and helps modernize the design, implementation, and administration of global compensation programs. This role contributes to compensation processes through rigorous data analysis, accurate execution, and informed recommendations that support business and HR decision-making. Working under general guidance, the analyst applies independent judgment to analyze compensation data, evaluate market competitiveness, and ensure effective delivery of core and ad hoc compensation programs across multiple geographies.

MAJOR RESPONSIBILITIES

1. Compensation Program Administration & Execution (35%)
  • Support and help modernize the administration of global base pay, incentive, and recognition programs.
  • Participate in annual and ad hoc compensation surveys, including managing submissions, conducting validations, and resolving data discrepancies.
  • Prepare special studies and recommendations on subjects such as merit budgets, bonus plans, or other compensation-related programs.
  • Maintain and administer the compensation data management platform, including data preparation, uploads, validations, and testing cycles.
  • Support sales incentive compensation management through data preparation, validation, and calculation support.
  • Participate in annual compensation cycles (merit, bonus, and other programs), including system configuration, testing, and audit validation.
  • Ensure data integrity and accuracy within compensation systems and supporting datasets.
  • Prepare and validate data files, conduct audit checks, and resolve discrepancies to ensure smooth execution of compensation processes.
  • Provide day-to-day compensation guidance to HRBPs and managers, supported by data analysis and internal equity considerations.

2. Market Analysis & Competitive Benchmarking (20%)
  • Conduct compensation benchmarking using external survey data (e.g., Radford, Mercer).
  • Analyze market data and internal compensation data to assess competitiveness of pay ranges and programs.
  • Support development and maintenance of salary structures, including modeling and analysis of market positioning.
  • Prepare analyses and recommendations on merit budgets, geographic differentials, and compensation trends.
  • Synthesize survey data and internal workforce data to inform decision-making and recommendations.

3. Reporting & Decision Support (20%)
  • Develop, maintain, and deliver recurring and ad hoc compensation reports.
  • Analyze compensation metrics (e.g., compa-ratios, range penetration, pay distribution) to identify trends and insights.
  • Create data summaries, visualizations, and presentations to support HR and business leaders.
  • Translate data into clear, actionable insights to support decision-making at both operational and leadership levels.
  • Support development of business cases, including cost modeling and scenario analysis.

4. Job Evaluation & Organizational Analysis (15%)
  • Review job descriptions and evaluate roles to support appropriate job leveling, classification (where appropriate), and compensation alignment.
  • Analyze job content, organizational structure, and compensation data to ensure internal equity and consistency.
  • Partner with HRBPs to assess job changes and organizational shifts, providing data-informed recommendations.
  • Support job architecture maintenance through analysis of roles, levels, and compensation relationships.

5. Compliance & Governance (10%)
  • Support compliance with compensation-related regulations (e.g., FLSA, pay transparency requirements).
  • Conduct data reviews and analyses to identify potential compliance or equity risks.
  • Assist in audits and documentation of compensation decisions and processes.
  • Ensure adherence to internal policies, guidelines, and governance frameworks.


KNOWLEDGE, SKILLS, & CAPABILITIES

Compensation & HR Expertise
  • Foundational knowledge of compensation principles, including salary structures, benchmarking, and pay-for-performance
  • Exposure to job evaluation and internal equity concepts
  • Exposure to global compensation practices preferred
  • Basic knowledge of FLSA requirements for job classification preferred

Analytical & Technical Capability
  • Demonstrated, advanced Excel skills (e.g., pivot tables, lookups, data manipulation, modeling)
  • Proficiency with Microsoft 365 Suite (Excel, Power BI, SharePoint, Teams), including Copilot, and the ability to apply these tools effectively
  • Proven experience developing data-driven insights through reporting and data visualization tools (e.g., Power BI, Tableau, or similar)
  • Strong ability to analyze and interpret large datasets with attention to accuracy and detail
  • Ability to identify trends, anomalies, and insights within compensation data
  • Proven ability to leverage Artificial Intelligence to help automate processes and reduce administrative work, and develop insights to inform critical business decisions
  • Preferred experience with programming and query languages such as Python and/or SQL.
  • Preferred experience with Workday (HRIS, compensation, reporting) and ServiceNow.

Problem Solving & Execution
  • Strong analytical, problem-solving, and critical thinking skills, with the ability to exercise discretion in interpreting data and drawing conclusions
  • Ability to independently analyze moderately complex issues and recommend data-informed solutions
  • Strong attention to detail and commitment to data quality and process accuracy
  • Ability to manage multiple priorities and deliver under deadlines

Communication & Business Partnership
  • Ability to communicate compensation concepts and data insights in clear, business-relevant terms
  • Effective collaboration with HRBPs, Finance, and business leaders
  • Exemplary written and verbal communication skills, particularly when explaining complex data and insights to diverse stakeholders


The wage range of $77,000 - $130,000 is just one component of Panasonic's total package. Actual compensation varies depending on the individual's knowledge, skills, experience, and location. This role may be eligible for discretionary bonuses and incentives (please also ensure to include a full list of "other forms of compensation" applicable to any posting too, and this would include GEB, NQDC, commissions, profit-sharing, as just some illustrative examples).

What We're Looking For:
  • Bachelor's degree in Human Resources, Business, Finance, Analytics, or related field, or 4 years relevant work experience in lieu of degree.
  • 2+ years of experience in compensation, HR analytics, or related analytical role.
  • CCP coursework or interest preferred.


Our Principles:

Contribution to Society | Fairness & Honesty | Cooperation & Team Spirit | Untiring Effort for Improvement | Courtesy & Humility | Adaptability | Gratitude

What We Offer:

At Panasonic Avionics Corporation we realize the most important aspects in leading our industry are the bright minds behind everything we do. We are proud to offer our employees a highly competitive, comprehensive and flexible benefits program.

  • Paid time off: Exempt Salaried employees receive flexible paid time off. This means that there is no fixed number, range, or limit to the amount of Personal and Vacation Days that may be taken for exempt employees. Non-exempt hourly employees accrue 14 vacation days per year + 7 sick days + 3 personal days. Accrual rate increases with tenure. All employees receive 11 company paid holidays per year. We also close our offices at the corporate level in the U.S. between Christmas and New Year. For operational positions that are expected to work on holidays, we provide additional compensation for hours worked.
  • Health Insurance: Medical insurance offerings from Aetna and Kaiser (CA &HI). Options for Employee Only, Employee + Spouse/Domestic Partner, Employee + Children, or Family. Dental PPO and DMO options & Vision insurance through EyeMed or VSP.
  • Voluntary Benefits - Life, accident, critical illness, disability, legal, identity theft, and pet insurance.
  • Health Management and Wellbeing Programs - Lifestyle Spending Account, EAP, virtual health management, chronic condition, neurodiversity, tobacco cessation, substance abuse support, and life stage and fertility resources. Available to eligible employees starting the first day of the month following your start date. Eligibility for each benefit may vary based on employment status, location, and length of service.
  • 401K with 50% match on up to 8% contribution, full vested from day 1.
  • Educational Assistance - Tuition reimbursement for job-related courses.
  • Washington residents only are eligible for: Washington's Family and Medical Leave program and Washington's Paid Sick Leave program.


We understand that your career search may look different than others and embrace the professional, personal, educational, and volunteer opportunities through which people gain experience. If you are actively looking or starting to explore new opportunities, send us your application!

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About Panasonic

Panasonic Corporation is a multinational electronics company based in Osaka, Japan. The company was founded in 1918 as Matsushita Electric Industrial Co., Ltd. and changed its name to Panasonic Corporation in 2008. Panasonic produces a wide range of products, including televisions, home appliances, cameras, audio equipment, and automotive electronics. The company also provides business solutions, such as security systems, communication systems, and energy solutions. Panasonic has operations in over 160 countries and employs over 259,000 people.
Learn more about Panasonic
Size
240,198 employees
Industry
Founded
1979
NASDAQ

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