Compensation Analyst

2 weeks ago


Morrisville, North Carolina, United States Affordable Care Full time

**Overview**

Responsible for supporting the administration and implementation of the companys compensation programs. Conducts compensation analyses; prepares and maintains written job descriptions; completes job evaluations, including market pricing; and assists with salary and incentive plan administration.

**Responsibilities**

**Compensation Administration and Implementation:**

Completes and maintains salary survey data

Evaluates jobs, prepares market reference ranges; documents responsibilities in job descriptions; responds to inquiries regarding job evaluations, market reference ranges and market competitiveness

Supports the annual increase processes for the organization

Assists with incentive plan administration, including development and implementation across the organization, calculation of monthly, quarterly, and annual incentives

Collaborate with Finance to ensure accruals are established for incentive plan payouts

Develop and maintain compensation databases, market reference range database, etc.

Supports update and maintenance of data within HRIS system related to compensation

Assists with modeling, costing and analysis of compensation programs; prepares metrics regarding the same

Participates in special projects as needed, including acquisitions/affiliations

Assists in creation and maintenance of employee recognition and reward programs

**Qualifications**

**EDUCATIONAL REQUIREMENTS:**

Bachelors degree in HR related field

Two to four years of experience administering compensation programs

Proficient with Microsoft Office products including Excel, Word, PowerPoint. Etc.

**GENERAL KNOWLEDGE, SKILLS & ABILITIES:**

Knowledge of all pertinent federal and state regulations, filing and compliance requirements affecting compensation programs

Must be able to research and handle confidential information in a discretionary fashion

Knowledge of plan documents and administrative procedures to ensure compliance within federal and state regulations

Demonstrated analytical skills

Strong written and verbal communications skills required

Excellent customer service and interpersonal skills

Excellent technical skills with working knowledge and understanding of HRIS systems; compensation and benefits administration systems

Knowledge and ability to research updates surrounding benefits and compensation

Attention to detail to ensure accuracy and integrity of personal and company data

Work style: has a high bias for action, is highly organized, and able to focus on results even within a fluid working environment

#ACI

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