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Compensation Analyst
2 months ago
Job Description
The Human Resources department consults with North American business leaders and supports their employees by providing a full range of HR services including planning, recruiting, employee relations, training, compensation, benefits, HR systems, and payroll.
As the Compensation Analyst, you will design, develop, and manage compensation programs in partnership with the North American business units. You will analyze data and use results to consult with management and Human Resources teams to assist the company in attracting, motivating, and retaining top talent.
Key Focus Areas
Act as project manager for administration of compensation programs, including annual compensation planning, merit increases, and design and review of compensation guidelines.
Assist management and Human Resources teams to prepare job descriptions and maintain job description and job code databases.
Evaluate new and revised jobs to determine appropriate level, FLSA status, and salary range, utilizing external market and internal data to ensure equity of positions.
Use external market and internal equity data to make competitive and equitable salary recommendations and to review and/or support salary change requests.
Research and analyze market data obtained from salary surveys and other sources. Track trends and use data to complete market analyses for projects, consult with management, and ensure the company’s compensation structure is current and relevant.
Design and administer short-term incentive programs.
Assist management and Human Resources teams with various projects and consult on compensation topics as needed. This may include coaching and educating management, research, process design, analysis of costs, impacts, obstacles, or budget data, as well as reporting.
Perform audits to ensure compliance with FLSA and state specific wage regulations.
Qualifications
Required Qualifications & Experience
Bachelor’s degree or equivalent experience
4+ years of compensation or relevant experience
2+ years of human resources experience
Working knowledge of regulations such as the Fair Labor Standards Act (FLSA)
Desired Qualifications
Master’s degree in Human Resource or Business
6+ years of human resource experience
6+ years of compensation experience
PHR, SHRM-CP, and/or CCP preferred
Skills and Abilities
Driver of Future Readiness – Takes a strategic orientation to shape the direction; ensures impact-driven strategy; Is a thought leader in their own way.
Creative Problem Solver – Seeks and leverages diverse perspectives; fosters innovation and creative solutions; finds smarter solutions and uncovers value.
Change Facilitator – Models continual improvement; seizes opportunities to adapt; is optimistic about change and motivates others in the change journey.
Results Achiever – Delivers against continually higher levels of performance; strives for constant improvement; looks for ways to work smarter; pushes forward despite ambiguity.
Collaborative Partner – Seeks to understand; shares knowledge; builds/uses diverse networks for greater impact; uses a range of skills and approaches to influence others.
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