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Compensation Analyst

SkyWater Technology
life insurance, paid time off, paid holidays, 401(k)
2401 East 86th Street (Show on map)
Aug 06, 2025
Bold Thinking. World Changing. At SkyWater, our ingenuity helps improve lives around the world by manufacturing U.S. made semiconductors that are essential ingredients of modern life. Automotive safety enhancements, life-saving medical devices, consumer electronics and American security require semiconductors. Working in our Minnesota headquarters, Florida, or Texas location - employees join together to improve the world.


Explore what's possible. Joining our U.S. - based team means contributing to and learning about the commercialization of some of the most exciting technologies the world has ever seen. We are turning "science fiction" into everyday reality through technologies such as superconducting, 3D integrated circuits or computer chips, carbon nanotubes, photonic logic devices, micro electro-mechanical systems and other emerging device topologies. We manufacture products for aerospace and defense, medical, automotive, consumer and industrial markets, to name a few. Our customers include emerging leaders who rely on our intellectual property security and quality manufacturing services.


Step into the future. SkyWater's values of Integrity, Excellence, Collaboration, Empowerment and Growth Mindset guide us to cultivate an empowered, learning environment. We also invest in developing highly skilled, dedicated employees - and employees who are entering the workforce for the first time, from the military, and a variety of educational backgrounds.


Are you bold thinking? Find your place on our team and help us change the world!

The Compensation Analyst is responsible for supporting the design, implementation, and administration of compensation programs across our three sites nationally. This role requires advanced analytical capabilities, strong business acumen, and an understanding of compensation principles to ensure programs support the company's strategic goals.



Major Areas of Accountability:



  • Support compensation planning cycles for merit, bonus, and long-term incentive programs, including data audits, system preparation, and communications.
  • Conduct market benchmarking and job evaluations to ensure internal equity and external competitiveness. Participate in compensation and salary surveys by preparing data and analyzing results.
  • Analyze compensation structures and programs, including base pay, annual incentives, and salary planning processes.
  • Contribute to the ongoing administration of the stock plan and ESPP.
  • Assist in the administration of sales incentive plans or other variable pay programs as needed.
  • Review and analyze compensation related system configurations and data integrity.



Required Qualifications:



  • Bachelor's degree in HR, Business, Finance, or related field.
  • 2-4 years of experience in compensation, total rewards, HR analytics, or related areas.
  • Strong Excel skills and experience working with large datasets; familiarity with HRIS or compensation tools a plus.
  • Solid understanding of compensation principles, market pricing, and job evaluations.
  • Analytical thinker with strong attention to detail and data accuracy.
  • Excellent communication and collaboration skills.
  • Certified Compensation Professional (CCP) certification or progress toward it is a plus (but not required).

The annual salary range for this role is $65,280 - $97,920. Pay offered is based on many factors including, but not limited to, the job-related experience, skills, education, and credentials of each candidate.


SkyWater offers an exciting environment where the brightest semiconductor minds come together to achieve exceptional results. We offer competitive salary and an opportunity to participate in incentive plans as well other employee financial benefits including 401k match, life insurance and opportunities to purchase SkyWater stock at a discounted rate.


Additionally, SkyWater offers a comprehensive benefits package which promotes a healthy life. This includes benefit eligibility day one, medical, dental, mental health benefits, vision, legal planning, short- and long-term disability, paid time off, paid holidays, an on-site fitness facility, and an on-site self-serve market.


SkyWater complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities unless doing so would cause an undue hardship. Alternative methods of applying for employment are available to individuals unable to submit an application through this site because of a disability. To request reasonable accommodations, to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Human Resources at 952-851-5200 or Recruiting@SkyWatertechnology.com.


EOE, including disability/vets

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