Job Description:

Panera Bread is a specialty concept with unparalleled people and quality products, offering careers as diverse as our breads. We are seeking a Compensation Analyst to join our Total Rewards and HR Technology team, supporting the design, execution, and continuous improvement of our compensation programs. This role will be a key contributor to the day-to-day operations of our compensation function, with a strong focus on market pricing, salary structure maintenance and market alignment, and process automation. The ideal candidate will bring analytical rigor, technical fluency, and a continuous improvement mindset to a team that supports both strategic initiatives and core compensation processes.

This role follows a hybrid work model. Candidates must reside within 50 miles of Newton, MA, and are required to work onsite three days per week.

Responsibilities:

Maintain and update compensation structures for support center roles, ensuring alignment with internal frameworks and external market data.Lead market pricing activities, including job matching, benchmarking, and analysis of survey data to support pay decisions and structure design.Own the submission of compensation surveys, ensuring accuracy, completeness, and timely delivery.Analyze and distill complex compensation data into clear insights; experience with reporting dashboards and executive summaries preferredSupport the administration of bonus programs, including eligibility tracking, calculations and calculation audits, and coordination with Finance and Payroll.Maintain automation tools (macros, VBA) to streamline manual processes and improve reporting efficiency.Explore and potentially apply AI-driven solutions to enhance compensation processes, including automation, data validation, and predictive analytics for improved efficiency and insightBuild and audit reports in Excel and Workday to support compensation cycles, ad hoc requests, and leadership decision-making.Partner with HR and business leaders to provide compensation guidance and support during the annual increase process and other key moments.Contribute to compensation-related projects and transformation initiatives, including process redesign and system enhancements.

Qualifications:

Bachelor’s Degree in Human Resources, Finance, Business, or a related field required.2+ years of compensation experience strongly preferred; other analytical experience will be considered.Advanced Excel skills required, including experience with formulas, pivot tables, and data visualization.Proficiency with macros and Visual Basic for Applications (VBA) strongly preferred.Experience with Workday and DocuSign preferred.Strong analytical and problem-solving skills, with a high level of accuracy and attention to detail.Comfortable working in a fast-paced, evolving environment with shifting priorities.Strong communication skills and the ability to collaborate effectively across teams and levels.

Additional Description :