Compensation Analyst IV analyzes, designs, and administers employer compensation programs, including base pay, long and short-term incentives, spot bonuses, commissions, and stock that align with company objectives for recruiting, retention, and employee engagement. Designs and communicates pay structures, grades, compensation budgets, and guidelines. Being a Compensation Analyst IV advises managers on making effective pay decisions that support employee engagement and comply with compensation policy and budgetary guidelines. Evaluates jobs and develops and maintains job descriptions and job architecture. Additionally, Compensation Analyst IV participates in compensation surveys, conducts research and analysis on market competitiveness, pay equity, and compensation trends. Requires a bachelor's degree or equivalent. Typically reports to a manager or head of a unit/department. The Compensation Analyst IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be a Compensation Analyst IV typically requires 7+ years of related experience.