Compensation Analyst

Spring Health is actively seeking a Compensation Analyst to join our Total Rewards & People Operations team. Reporting directly to the Director of Compensation & Equity, the Compensation Analyst will evaluate, benchmark, and maintain competitive total rewards programs to support our rapid growth while leveraging AI-driven workflows to scale team impact. This is a full-time, hybrid position with an expectation to be in our NYC office 1-2 days per week. Occasional travel may be required

What you'll do: 

• Perform job evaluations, market pricing, and salary band benchmarking across all departments.
• Partner with People Operations, Talent Acquisition, and business leaders to provide data-driven compensation guidance.
• Support the administration of equity programs, including grants, cap table updates, employee education, and vendor platform maintenance.
• Evaluate, experiment with, and build AI agents or automated workflows to scale internal compensation data analysis, job matching, and inquiry management.
• Support the administration of annual merit, promotion, and incentive compensation review cycles.
• Audit compensation data regularly to ensure equity, consistency, and regulatory compliance.
• Maintain standard job structures, job families, and internal pay equity alignment.
• Build dynamic models to evaluate compensation structures, variable pay, and salary increase proposals.
• Assist in crafting clear compensation communications and training materials for managers and employees.
• Analyze market trends and external compensation surveys to keep Spring Health competitive.

What success looks like in this role:

• Deliver accurate, data-backed salary benchmarks and offer recommendations within agreed SLA turnaround times.
• Ensure 100% data integrity across all compensation and equity administration records prior to review cycle executions.
• Maintain and refresh salary bands and job architecture annually based on market movement and internal equity.

What you'll bring:

• 2–4 years of progressive experience in compensation, total rewards, equity administration, or strategic HR analytics.
• Strong analytical skills with deep proficiency in Excel or Google Sheets, including data modeling and complex functions.
• Demonstrated experience using external market survey data and job evaluation methodologies.
• High discretion and proven capability in handling confidential, sensitive pay and equity data.
• Clear written and verbal communication skills with the ability to explain complex compensation concepts to diverse stakeholders.
• Working knowledge of federal, state, and local pay equity regulations and compliance standards.

Nice to have:

• Certified Compensation Professional (CCP) designation or coursework in progress.
• Experience administering compensation and equity tools within modern platforms (e.g., Workday, Carta, Greenhouse, or Lattice).

The target base salary range for this position is $94,350 - $119,416 and is part of a competitive total rewards package including benefits. Individual pay may vary from the target range and is determined by a number of factors including experience, location, internal pay equity, and other relevant business considerations. We review all employee pay and compensation programs annually using Radford Global Compensation Database at minimum to ensure competitive and fair pay. 

Benefits provided by Spring Health:

Note: We have even more benefits than listed here and below, your recruiter will provide more in-depth information as you continue in the interview process. Benefits are subject to individual plan requirements and eligibility criteria.

• Health, Dental, Vision benefits start on your first day at Spring. You and your dependents also receive access to One Medical accounts HSA and FSA plans are also available, with Spring contributing up to $1K for HSAs, depending on your plan type.
• Employer sponsored 401(k) match of up to 2% for retirement planning
• A yearly allotment of no cost visits to the Spring Health network of therapists, coaches, and medication management providers for you and your dependents.
• We offer competitive paid time off policies including vacation, sick leave and company holidays.
• At 6 months tenure with Spring, we offer parental leave of 18 weeks for birthing parents and 16 weeks for non-birthing parents.
• Access to Noom, a weight management program—based in psychology, that’s tailored to your unique needs and goals. 
• Access to fertility care support through Carrot, in addition to $4,000 reimbursement for related fertility expenses.
• Access to Wellhub,  which connects employees to the best options for fitness, mindfulness, nutrition, and sleep in one subscription
• Access to BrightHorizons, which provides sponsored child care, back-up care, and elder care
• Up to $1,000 Professional Development Reimbursement a year.
• $200 per year donation matching to support your favorite causes.