Overview The Compensation Analyst will assist in designing, implementing, and managing our organization's compensation programs. You will be responsible for analyzing market trends, designing and evaluating compensation structures, and providing valuable insights to help attract, retain, and motivate our team members. You will collaborate with HR, finance, Operations and management to ensure our compensation strategies support employee engagement and retention. Overview of Responsibilities Conduct market research and analyze compensation data to evaluate the competitiveness of our pay structures. Assist in the development and implementation of compensation programs, policies, and procedures. Assist in the implementation of job architecture framework. Analyze job descriptions and conduct job evaluations to determine appropriate pay levels. Prepare and present compensation reports and recommendations to senior management. Perform salary administration tasks including, but not limited to, market pricings, merit processing, minimum wage tracking and auditing, and maintaining pay structure tools and resources. Calculate & manage weekly, quarterly, and annual bonus plans Monitor compliance with applicable laws and regulations related to compensation. Collaborate with HR teams to support salary planning and budget processes. Conduct pay equity analyses and recommend adjustments as necessary. Maintain compensation databases and ensure data integrity. Support recognition programs and store contests through data collection, analysis, and processing of awards. Participate in collecting company data for annual and ad-hoc compensation survey submissions. Provide guidance and support to HR and management on compensation-related inquiries. Research team member questions regarding pay increases, bonus payments, and other compensation issues, providing responses through ticket system or shared email box. Stay updated on industry trends and best practices in compensation. #LI-LR1 Qualifications Bachelor’s degree in Human Resources, Finance, Business Administration or related field. Experience in compensation analysis or a related field. A combination of education, training and relevant work experience may be substituted upon hiring manager’s approval Proficient in data analysis and compensation software (e.g. HRIS systems, WorkDay) Excellent communication and presentation skills Knowledge of compensation laws and regulations Strong organizational skills and the ability to manage multiple projects simultaneously Highly preferred: Certification in compensation (e.g., Certified Compensation Professional - CCP). Experience with job evaluation methodologies and salary benchmarking. Familiarity with Excel and data visualization tools. Benefits In addition to a rewarding career, Sprouts offers a comprehensive program to help support you and your family. These programs include: Competitive pay Sick time plan that you can use to support you or your immediate families health Vacation accrual plan Opportunities for career growth 15% discount for you and one other family member in your household on all purchases made at Sprouts Flexible schedules Employee Assistance Program (EAP) 401(K) Retirement savings plan with a generous company match Company paid life insurance Contests and appreciation events throughout the year full of prizes, food and fun! Eligibility requirements may apply for the following benefits: Bonus based on company and/or individual performance Affordable benefit coverage, including medical, dental and vision Health Savings Account with company match Pre-tax Flexible Spending Accounts for healthcare and dependent care Company paid short-term disability coverage Paid parental leave for both mothers and fathers Paid holidays Get Paid Every Day! Sprouts Farmers Market offers DailyPay - if you’re hired as an eligible employee, you’ll be able to transfer the money you’ve already earned at no extra cost, and get it the next business day, for free. We offer DailyPay so you don’t have to wait for payday to access the money you’ve already worked for. With DailyPay, you can see how much you’ve made every day and you can transfer your money any time before payday. You can learn more by visiting https://www.dailypay.com/partners/sprouts-farmers-market/. Why Sprouts Grow with us! If you have a passion for inspiring people and a flair for fresh food, consider applying for a job at Sprouts! With a focus on customer service, our neighborhood grocery stores offer high-quality, farm fresh produce, natural meats, plenty of scoop-your-own bulk goods and much more in a fun, friendly, old-fashioned farmer’s market setting. Come grow your career in healthy living with a fast-paced, rapidly growing company and teams that pride themselves on empowering others along their journey. The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties, responsibilities, and requirements. Sprouts’ management reserves the right to amend and change duties, responsibilities, and requirements to meet business and organizational needs as necessary. Sprouts will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance in Hiring Ordinance. California Residents: We collect information in accordance with California law, please see here for more information.