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Compensation Analyst

4 months ago

Morrisville, United States Affordable Care Full time

Overview: Responsible for supporting the administration and implementation of the company’s 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: • Bachelor’s 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