About the Role
Compensation Analyst
Havant – Hybrid
Permanent: £38,000 - £47,000 plus excellent Benefits
37.5h, 4 day working week Monday to Thursday
Support compensation strategies across Lockheed Martin’s international markets, ensuring all programs—including incentive plans—are executed and maintained in full compliance with established policies, procedures, and regulatory requirements. Provide data‑driven insights to support continuous improvement of compensation programs.
Duties / Responsibilities
The Compensation Analyst will provide advice to ensure the business is competitively placed against the market. The role will also involve:
Supporting on all Compensation queries and issues; Compensation, Incentives, and Recognition.
Support all aspects of the Annual Compensation Cycle
Support internal annual market rate determination (MRD)
Support preparation of Pay Budgets
Support the Corporate recognition programme and provide regular analysis
Process system changes for applicable Compensation elements
Maintain Economic and Pay Budget dashboards
Maintain job pricing spreadsheet for Reward team
Undertake completion of market salary surveys
Undertake regular data audits including pay increases, ranges, allowances and incentives.
Supporting the roll out of any Corporate initiatives across all International countries including communications and training.
Other project work as directed by the International Compensation Manager.
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Basic Qualifications
Generally has 1+ years of related experience and may have a Bachelors degree or training in a related discipline.
Desired Skills
Strong Excel Skills
Strong analytical skills
Demonstrated ability to work autonomously in a high-volume role within a large complex business within a hands on capacity.
Ability to manage multiple priorities.
Strong verbal and written communication skills.
Exceptional organizational skills.
