Compensation and Benefits Analyst

Back to jobs New Compensation and Benefits Analyst Phoenix Apply Upgrade is a fintech company that provides affordable and responsible credit, mobile banking, and payment products to everyday consumers. We were the fastest growing company in the Americas last year according to the Financial Times and Upgrade Card was the fastest growing credit card in America two years in a row. We have delivered over $33 billion in affordable and responsible credit to our 5.5M customers. The company is backed by some of the most prominent technology investors and was recently valued at $6.3B. We have built an energizing, collaborative and inclusive culture where team members help each other, learn and innovate to move the company and its customers in the right direction, and own the outcome of their efforts. Upgrade has been named a “Best Place to Work in the Bay Area” three years in a row, “Top Companies to work for in Arizona” and one of the "Best Engineering Department" awarded annually by Comparably. We've also received recognition for being a best company for Diversity, Women, Culture, and Veterans. We are looking for new team members who get excited about designing and delivering new and better products to join a team of 1850 talented and dedicated professionals. Come work with us if you like to tackle big problems and make a meaningful difference in people's lives.     About the Role: We are looking for a Compensation and Benefits Analyst who will report to the Senior Manager of Total Rewards. This person will play a key role in supporting the design, implementation and administration of compensation and benefits programs to attract, retain, and motivate employees while ensuring market competitiveness and compliance. This role conducts market research, analyzes compensation and benefits data, and provides insights that help shape the organization's total rewards strategy. The analyst collaborates with internal stakeholders to ensure People Operations programs align with business objectives and employee needs.  What You’ll Do: Supports job evaluations and compensation recommendations by analyzing pay data and job classifications.  Conducts pay equity reviews and assist with compensation audits.  Provides reporting and insights on salary trends, pay adjustments, and compensation programs.  Support the midyear and year end compensation adjustment process.  Supports the administration of incentive and merit-based compensation programs.  Advises Leadership on compensation guidelines and best practices. Conduct market research and salary benchmarking to ensure competitive compensation practices. Analyze and interpret compensation data to support decision-making. Assist in compliance with federal, state, and local compensation laws and regulations. Provide compensation recommendations based on internal and external data. Maintain compensation databases and ensure accuracy in reporting. Partner with Finance on process controls, SOX testing and documentation, and IPO readiness. Assists with benefits program administration, including enrollments, terminations, and changes. Responds to employee inquiries regarding benefits offerings, eligibility, and policies.  Supports benefits compliance, including ACA, FMLA, COBRA, and other regulatory requirements. Assists in reviewing benefits utilization trends and identifying opportunities for program enhancements. Supports benefits communication efforts, including open enrollment, employee education, and wellness initiatives.   What We Look For: Bachelor's degree in Human Resources, Business Administration, or related field preferred. 3 to 5 years of experience in Compensation, Benefits, or HR administration with prior exposure to incentive compensation. Strong analytical skills with the ability to interpret and present data effectively. Proficient in HRIS, compensation tools, and microsoft excel Knowledge of compensation laws and benefits regulations (FLSA, ACA, FMLA, COBRA). Ability to work effectively in a fast-paced environment. Strong attention to detail, problem-solving, and organizational skills. Excellent communication skills, with the ability to explain complex HR topics clearly.      What We Offer You:   Competitive salary and stock option plan 100% paid coverage of medical, dental and vision insurance  Competitive 401(k)  Flexible PTO Opportunities for professional growth and development  Paid parental leave Health & wellness initiatives  #LI-Onsite For California residents:  Upgrade's California Notice at Collection and Privacy Policy describes our practices regarding the collection, use, and disclosure of the personal information of job applicants.   We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Upgrade does not accept unsolicited resumes from staffing agencies, search firms, or any third parties. Any resume submitted to any employee of Upgrade without a prior written agreement in place will be considered the property of Upgrade, and Upgrade will not be obligated to pay any referral or placement fee. Agencies must obtain advance written approval from Upgrade's Talent Acquisition department to submit resumes and only in conjunction with a valid, fully executed agreement . Create a Job Alert Interested in building your career at Upgrade? Get future opportunities sent straight to your email. Create alert Apply for this job * indicates a required field Autofill with Greenhouse First Name * Last Name * Email * Phone * Resume/CV * Attach Attach Dropbox Google Drive Enter manually Enter manually Accepted file types: pdf, doc, docx, txt, rtf Cover Letter Attach Attach Dropbox Google Drive Enter manually Enter manually Accepted file types: pdf, doc, docx, txt, rtf LinkedIn Profile This job is based in our office in Phoenix, AZ. Are you willing to come on-site up to 5 days per week? * Select... Are you legally authorized to work in the United States? * Select... Will you now, or in the future, require sponsorship for employment visa status (e.g. H-1B visa status, work permit, etc.)? * Select... Demographic Questions & Categorizations Upgrade is dedicated to building a diverse team and an inclusive culture. We believe that it’s crucial to Upgrade’s long-term success to create an environment where all employees feel like they belong and have an equal opportunity to succeed. For this reason, we are asking candidates to voluntarily self-identify through a few demographic questions. Our purpose in collecting this information is to help us assess our outreach efforts and diversity representation goals. Your responses will not be linked to your identity or your application, and neither recruiters nor hiring managers can see this information at an individual level. 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