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Compensation Analyst

Reporting to the Director Compensation Design, the Compensation Analyst will be responsible for development and implementation of analytical solutions/tools and standardized reports from multiple data sources providing HR and other Reward team members with the intelligence and data to make decisions related to pay governance and strategy.

As part of the Design & Analytics team, the Compensation Analyst will work on broad range of analysis which will assist in improving the overall efficiency of the Total Reward team including automation and standardization of enterprise wide processes.

The job holder will be responsible for analysis of market data on a global basis to support the development and implementation of pay ranges to ensure competitiveness and where necessary statutory compliance of Thomson Reuters Global Pay programs. While developing pay ranges, the job holder will have the responsibility for job matching, survey input, managing survey vendor relationships and the sourcing and analysis of appropriate market data in accordance with Thomson Reuters global compensation philosophy. The job holder may be asked to partner in execution of the Annual Compensation Cycle for the Company.

The Compensation Analyst will work closely with other compensation team members providing analytical and operational support. The incumbent will work under supervision of the Director Compensation Design, relying on instructions and guidelines to perform the job and may be required to liaise with internal Rewards clients such as other Reward Managers and Analysts.

The Compensation Analyst will be a professional with general understanding of industry practices and company policies and procedures. The incumbent should be proficient in analysis and interpretation of data to make logical conclusions.

About the Role

In this role as Compensation Analyst, you will:

  • Analysis of large amounts of data using statistical methods
  • Develop excel based analytical tools which aids in intelligent data outputs for faster decision making
  • Using HRIS and Compensation Administration systems to run queries and research issues
  • Complete audits for data validity/governance purposes
  • Provide data in support of the annual salary planning process
  • Act as a key contributor to the development of country pay structures
  • Assist in salary survey participation and summarize market data for broader review within the Rewards Function
  • Other miscellaneous pay research and analyses, as needed

  • About You

    You're a fit for the role of Compensation Analyst if you:

  • Have proven analytical and quantitative skills. Advanced analytical execution skills in Excel and Access would be ideal.
  • Have experience and/or background in Compensation/General Data Analytics preferred
  • Are proficient with HR database queries (e.g. Workday) and general knowledge of Human Resources functions or disciplines.
  • Are detail-oriented with a commitment to quality and ability to approach assignments strategically and manage to completion
  • Have excellent organizational skills with ability to work on many tasks concurrently
  • Are an effective communicator.
  • Have working knowledge of Microsoft business applications like Excel, Power Point, Word etc.
  • Have a Bachelor’s degree and 3+ years relevant experience.

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What’s in it For You?

Join us to inform the way forward with the latest AI solutions and address real-world challenges in legal, tax, compliance, and news. Backed by our commitment to continuous learning and market-leading benefits, you’ll be prepared to grow, lead, and thrive in an AI-enabled future. This includes:

  • Industry-Leading Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.

  • Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, and hybrid model, empowering employees to achieve a better work-life balance.

  • Career Development and Growth: By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow’s challenges and deliver real-world solutions. Our skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future.

  • Culture: Globally recognized and award-winning reputation for inclusion, innovation, and customer-focus. Our eleven business resource groups nurture our culture of belonging across the diverse backgrounds and experiences represented across our global footprint.

  • Hybrid Work Model: We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected.

  • Social Impact:  Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives.





Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.

We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward. 

Accessibility 

As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.

We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.

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More information about Thomson Reuters can be found on https://thomsonreuters.com.

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What You Should Know About Compensation Analyst, Thomson Reuters

At Thomson Reuters, we're on the lookout for a proactive Compensation Analyst to join our dynamic team at the Salarpuria Sattva Knowledge Court in Bangalore. In this role, you will report directly to the Director of Compensation Design and dive deep into the world of data analysis and pay strategy. Your primary focus will be on creating and implementing analytical tools and standardized reports that assist our HR and Reward teams in making informed decisions about pay governance. With your expertise, you'll analyze global market data and support the development of competitive pay ranges while ensuring compliance with our Global Pay programs. You'll collaborate closely with your peers, offering invaluable analytical and operational support while also contributing to the annual compensation cycle. This is a fantastic opportunity for someone who thrives in a detail-oriented environment, possesses excellent communication skills, and is kind of obsessed with data. We value people with a strong background in analytics and compensation, especially those who are proficient with HR database queries. At Thomson Reuters, we foster a culture of continuous learning and flexibility, offering comprehensive benefits including career development opportunities, mental health support, and a hybrid work model to maintain a great work-life balance. If you're looking to influence change and contribute to a transparent and inclusive environment, we want to hear from you!

Frequently Asked Questions (FAQs) for Compensation Analyst Role at Thomson Reuters
What are the key responsibilities of a Compensation Analyst at Thomson Reuters?

A Compensation Analyst at Thomson Reuters is responsible for developing analytical solutions and standardized reports to support pay governance decisions. This role includes analyzing market data to create competitive pay ranges, managing survey vendor relationships, and providing support during the annual compensation cycle.

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What qualifications do I need to become a Compensation Analyst at Thomson Reuters?

To be a successful Compensation Analyst at Thomson Reuters, candidates should have a Bachelor’s degree and 3+ years of relevant experience. Proficiency in Excel and HR database queries, along with a general understanding of HR functions, is also essential.

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What technical skills are important for a Compensation Analyst role at Thomson Reuters?

Key technical skills for a Compensation Analyst at Thomson Reuters include advanced proficiency in Excel and Access, knowledge of HRIS and Compensation Administration systems, and strong analytical capabilities to interpret large datasets and make data-driven conclusions.

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What can I expect in terms of collaboration as a Compensation Analyst at Thomson Reuters?

As a Compensation Analyst, you will work closely with your colleagues in the compensation team, providing analytical and operational support. Collaboration with Reward Managers, Analysts, and other internal clients is also a significant part of the role, aiding in the broader compensation strategy.

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What benefits do Thomson Reuters offer to its Compensation Analysts?

Thomson Reuters provides industry-leading benefits, including flexible vacation time, mental health support, career development opportunities, and a hybrid work model, which collectively promote work-life balance and personal growth for Compensation Analysts.

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Common Interview Questions for Compensation Analyst
How would you approach the analysis of market data for compensation?

To analyze market data effectively, I would first identify reliable sources and benchmarks. Then, I'd utilize statistical methods to interpret the data and identify trends that will inform pay range development.

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Can you describe your experience with HRIS and Compensation Administration systems?

I have worked extensively with various HRIS platforms, specifically focusing on querying and managing compensation data, ensuring compliance, and enhancing data quality through audits.

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What strategies do you recommend for improving pay governance?

I recommend employing data-driven approaches, leveraging analytical tools to provide transparency in compensation, aligning pay structures with market trends, and ensuring compliance with local statutes.

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How do you ensure accuracy when working with large datasets?

To ensure accuracy, I routinely cross-verify data from multiple sources, implement validation checks, and establish a systematic audit process to identify discrepancies early on.

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Can you explain what job matching is and how it's done?

Job matching involves comparing organizational roles against external benchmarks to determine appropriate pay levels. This is done by analyzing job descriptions, skills, and market data to ensure competitive compensation.

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How do you prioritize tasks as a Compensation Analyst?

I prioritize tasks by assessing their urgency and alignment with overall compensation strategies. Utilizing project management tools can help organize tasks and meet deadlines effectively.

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What experience do you have with salary surveys?

I have participated in multiple salary surveys, collaborating with vendors to source relevant market data and summarizing findings for analysis and decision-making within the compensation team.

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How would you communicate complex data findings to non-technical stakeholders?

I would simplify findings into clear charts or visuals and utilize relatable examples or comparisons to convey the implications of data insights effectively to non-technical stakeholders.

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What tools do you use for data analysis and reporting?

I utilize Excel for advanced data manipulation and reporting, alongside other analytical tools like Access and Tableau to visualize complex datasets and deliver actionable insights.

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What do you consider the most challenging aspect of being a Compensation Analyst?

The most challenging aspect is ensuring consistent and fair compliance with evolving market trends while balancing internal equity. Staying updated with market changes and adapting strategies accordingly is crucial.

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Thomson Reuters (NYSE / TSX: TRI) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compl...

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