Compensation Analyst
Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life.This role is currently based at our Minneapolis office and will transition to our new headquarters in Dayton, MN, in 2027.The Compensation Analyst supports the design, administration, and analysis of compensation programs aimed at attracting and retaining world-class talent. Reporting to the Compensation Manager, this role partners closely with HR to deliver accurate compensation analysis, support annual compensation processes, and ensure programs are administered consistently and compliantly.What You Will Do At GracoOwn end-to-end salary survey participation, ensuring accurate and compliant data submissionsSupport annual compensation processes including merit increases, bonus and incentive payouts, salary surveys, pay range reviews, factory wage reviews, and stock grantsConduct compensation analysis and modeling to support pay decisions and program evaluationsParticipate in job evaluations, market pricing, and internal equity analyses with review from senior team membersSupport the administration of global grade and pay structures and assist with market movement analysesAssist in the administration and calculation of variable incentive and bonus plansSupport equity administration activities and documentation requirementsPrepare reports, dashboards, and materials for compensation reviews and projectsAssist with compensation activities related to acquisitions and integration effortsSupport compliance reviews and documentation related to compensation programsParticipate in special projects and research as assignedWhat You Bring To GracoWorking knowledge of compensation theories, techniques, and practices, including job analysis, market pricing, and salary structure designBachelor’s degree in HR, Business, Finance, or related field2+ years of compensation experienceAccuracy focused, with demonstrated experience of careful data handlingStrong analytical skills with advanced Excel capabilityEffective written and verbal communication skills and ability to collaborate effectively with cross-functional teamsAcceleratorsExperience with Workday and MarketPayExperience with Global CompensationExperience with Equity AdministrationCCP, PHR, or SHRM-CPApplicants must be legally authorized to work in the United States. This role is not eligible for immigration sponsorship now or in the future (e.g., H-1B, TN, F-1 OPT).At Graco, you truly make a difference. Your unique talents contribute to our organizational growth and future. Not only do you make a difference, but Graco’s culture empowers employees to create their own career path. Whether you choose to advance within your current department or explore new opportunities in different divisions, you have the ability to build your future. Our managers are here to provide support and guidance as you continue to grow within your career.Graco has excellent opportunities available to individuals who want to be part of a fast-moving, growing company that is committed to quality, innovation and solving fluid handling problems for our customers. Graco is proud to be named a Best Place to Work by Fortune Magazine in 2016, 2018, 2019, 2021 & 2022. Graco offers attractive compensation, benefits and career development opportunities. Graco’s comprehensive benefits include medical, dental, stock purchase plan, 401(k), tuition reimbursement and more.Our company uses E-Verify to confirm the employment and eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov/E-Verify.The base pay range for this position is listed below, exclusive of fringe benefits or other compensation. If you are hired, your final base hourly rate will be determined based on factors such as geographic location, skills, competencies, education, and/or experience. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.$64,600.00 - $113,100.00