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Compensation Analyst
2 weeks ago
**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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