Associate, Compensation
Barings, Boston, MA, United States
Associate, Compensation
At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe, and Asia Pacific.
Job Summary
The Compensation Associate supports the design, analysis, and administration of the firm's compensation programs. This role is focused exclusively on compensation strategy and operations, partnering with HR Business Partners and Talent teams to ensure competitive, equitable, and compliant pay practices.
Primary Responsibilities
Participate in compensation surveys and conduct market benchmarking analyses
Support annual compensation cycles, including merit and incentive planning
Maintain and audit compensation data in Workday, ensuring accuracy and consistency
Assist in job evaluations and pay structure development
Prepare compensation reports and dashboards for HR and business leaders
Ensure compliance with internal policies and external regulations
Qualifications
Bachelor's degree in human resources, Business, Finance, or related field preferred
2- 3 years of experience in compensation or HR analytics preferred
Proficiency in Workday preferred
Strong Excel skills (pivot tables, VLOOKUP, etc.)
Analytical mindset with high attention to detail
Excellent communication and collaboration skills
Base Salary Range: $75,000- $95,000 (in addition to base, this position will also include additional incentive programs)
Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
Barings offers a comprehensive benefits package including:
CORE BENEFITS & WELLNESS
Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
Fitness Center Reimbursement Program (Including Online Memberships)
Employee Assistance Program (EAP)
Fertility Benefits
FINANCIAL WELL-BEING
Highly competitive 401(k) Plan with Company Match
Health Savings Account (HSA) with Company Contributions
Flexible Spending Accounts (FSA) - Health Care & Dependent Care
Retirement Health Reimbursement Account
LIFE INSURANCE
Basic and Supplemental Life Insurance
Spouse and Child Life Insurance
TIME OFF, DISABILITY AND LEAVE OF ABSENCE
Paid Vacation, Sick Days and Annual Holidays
Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
Short and Long Term Disability Plans
Paid Volunteer Time
OTHER BENEFITS
Education Assistance Program
Charitable Matching Gifts Program
Commuter Reimbursement Program
Adoption and Surrogacy Reimbursement Program
At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe, and Asia Pacific.
Job Summary
The Compensation Associate supports the design, analysis, and administration of the firm's compensation programs. This role is focused exclusively on compensation strategy and operations, partnering with HR Business Partners and Talent teams to ensure competitive, equitable, and compliant pay practices.
Primary Responsibilities
Participate in compensation surveys and conduct market benchmarking analyses
Support annual compensation cycles, including merit and incentive planning
Maintain and audit compensation data in Workday, ensuring accuracy and consistency
Assist in job evaluations and pay structure development
Prepare compensation reports and dashboards for HR and business leaders
Ensure compliance with internal policies and external regulations
Qualifications
Bachelor's degree in human resources, Business, Finance, or related field preferred
2- 3 years of experience in compensation or HR analytics preferred
Proficiency in Workday preferred
Strong Excel skills (pivot tables, VLOOKUP, etc.)
Analytical mindset with high attention to detail
Excellent communication and collaboration skills
Base Salary Range: $75,000- $95,000 (in addition to base, this position will also include additional incentive programs)
Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
Barings offers a comprehensive benefits package including:
CORE BENEFITS & WELLNESS
Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
Fitness Center Reimbursement Program (Including Online Memberships)
Employee Assistance Program (EAP)
Fertility Benefits
FINANCIAL WELL-BEING
Highly competitive 401(k) Plan with Company Match
Health Savings Account (HSA) with Company Contributions
Flexible Spending Accounts (FSA) - Health Care & Dependent Care
Retirement Health Reimbursement Account
LIFE INSURANCE
Basic and Supplemental Life Insurance
Spouse and Child Life Insurance
TIME OFF, DISABILITY AND LEAVE OF ABSENCE
Paid Vacation, Sick Days and Annual Holidays
Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
Short and Long Term Disability Plans
Paid Volunteer Time
OTHER BENEFITS
Education Assistance Program
Charitable Matching Gifts Program
Commuter Reimbursement Program
Adoption and Surrogacy Reimbursement Program