What are the responsibilities and job description for the Compensation Analyst position at 3M?
Job Description:
Job title
Compensation Analyst
Collaborate with Innovative 3Mers Around the World
Choosing where to start and grow your career has a major impact on your professional and personal life, so it’s equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a wide variety of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers.
This position provides an opportunity to transition from other private, public, government or military environments to a 3M career.
The Impact You’ll Make in this Role
As a Compensation Analyst, you will be responsible for administering the daily operations of 3M’s global stock plans, the Long Term Incentive Plan (LTIP) and the General Employee Stock Purchase Plan (GESPP).
You will have the opportunity to tap into your curiosity and collaborate with some of the most innovative people around the world.
Primary Responsibilities include but are not limited to the following:
- Daily equity transactions
- Monthly employee stock purchases
- Quarterly dividends processing
- Stock granting and vesting activities
- Systems maintenance
- Call Center escalations & material maintenance
Your Skills and Expertise
To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:
- Bachelor’s degree or higher (completed and verified prior to start) from an accredited university
- One (1) year of experience in Human Resources, Finance and/or Accounting in a private, public, government or military environment
Additional qualifications that could help you succeed even further in this role include:
- Bachelor’s degree or higher in Human Resources, Business with Finance or Accounting from an accredited university
- Minimum one (1) year experience in Compensation or other Human Resources function
- Advanced Excel skills in data manipulation – pivot tables, V-lookups, advance-filters – to perform audits, reconciliations, and complex calculations
- Minimum three (3) years of experience working with Microsoft Excel
- Proven analytical, problem solving, communication and interpersonal skills
- Detail orientation, systems and critical thinking
- Project management, organization and prioritization skills
- Ability grasp accounting, tax, finance and legal concepts
Location: Maplewood, MN
Travel: May include up to 5% domestic travel
Relocation: Is not authorized
Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).
Supporting Your Well-being
3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope.
Chat with Max
For assistance with searching through our current job openings or for more information about all things 3M, visit Max, our virtual recruiting.
Applicable to US Applicants Only:The expected compensation range for this position is $109,202 - $133,469, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/.
Good Faith Posting Date Range 08/04/2025 To 09/03/2025 Or until filled
All US-based 3M full time employees will need to sign an employee agreement as a condition of employment with 3M. This agreement lays out key terms on using 3M Confidential Information and Trade Secrets. It also has provisions discussing conflicts of interest and how inventions are assigned. Employees that are Job Grade 7 or equivalent and above may also have obligations to not compete against 3M or solicit its employees or customers, both during their employment, and for a period after they leave 3M.
Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Instagram, Facebook, and LinkedIn @3M.
Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.
Safety is a core value at 3M. All employees are expected to contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.
Pay & Benefits Overview: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/
3M does not discriminate in hiring or employment on the basis of race, color, sex, national origin, religion, age, disability, veteran status, or any other characteristic protected by applicable law.
Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.
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Salary : $109,202 - $133,469
