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Senior Compensation Analyst
2 months ago
Primary Objective/Purpose of the Job
Provides compensation consulting services to several business lines/areas of the company. Responsible for day-to-day design, development, implementation, and administration of global compensation programs and systems. Develops, analyzes, implements and manages team member, company, and industry data for the compensation function.
Responsibilities
- Collaborates with HR business partners as well as business leaders.
- Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.
- Assesses jobs and their respective duties to determine classification as exempt or nonexempt and appropriate salary range.
- Prepares and maintains job classifications and salary scales.
- Prepares and presents summary reports of job analysis and compensation analysis information.
- Gathers data from market-based compensation surveys; uses spreadsheet and data analysis techniques to assess results and market trends.
- Has experience analyzing and benchmarking roles for senior leaders.
- Has experience in compensation program design for short-term and long-term incentive programs.
- Utilize your experience in research, reporting and analysis, to help identify gaps and opportunity areas across compensation programs.
- Partner with finance, accounting, legal and tax departments to ensure regulatory and legal compliance of employee compensation practices.
- Delivers global projects based on overall HR prioritization.Performs other related duties as assigned.
Knowledge and Skill Required
- Extensive knowledge of compensation best practices.
- Ability to handle confidential and sensitive information professionally.
- Extensive knowledge of quantitative and qualitative research methods
- Ability to present findings to leadership.
- Excellent written and verbal communication skills.
- Excellent organizational and time management skills.
- Ability to manage multiple tasks simultaneously and meet tight deadlines.
- Attention to detail and accuracy.
- Proficient with Google Workspace (Google Doc, Google Sheet, etc.), Microsoft Office Suite or similar software.
Experience
- Four years of experience as a compensation analyst required.
- Two years specialized executive compensation analysis/administration experience.
Education
- Bachelors degree in Bachelor’s Degree in Human Resources, Finance, Math, Business or related field.
- Any one of the following preferred: Certified Compensation Professional (CCP); Global Remuneration Professional (GRP); Certified Sales Compensation Professional (CSCP); Certified Executive Compensation Professional (CECP).
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