Compensation Analyst
3 weeks ago
Administers the organization's compensation programs, which may include wage or salary plans, incentive or commission plans. Conducts analysis and interpretation related to the organization's compensation programs.
Essential Responsibilities & Expectations
•Evaluates the organizations jobs, documenting/creating responsibilities and requirements in job descriptions.
•Responsible for collaboration with hiring managers and executive team on job offers and offer letters.
•Analyze data and relevant market trends, develop salary structures and market pricing recommendations.
•Conducts market analysis of company jobs to determine competitive positioning of the organizations pay grades.
•Participates in preparation and administration of annual compensation process, including incentive, and merit increase process.
•Responsible for compensation survey software, monitor for discrepancies and updates needed to align with market changes.
•Participates in Performance Review process and strategy annually
Qualifications
Education
•Bachelor's degree or related experience
Experience
•One to three years of experience as a compensation analyst required.
Skills and Competencies
•Extensive knowledge of quantitative and qualitative research methods.
•Extensive knowledge of human resource laws, regulations, and best practices.
•Excellent written and verbal communication skills.
•Excellent organizational and time management skills.
•Proficient with Microsoft Office Suite or similar software.
Job Training
•Microsoft Office
•Microsoft SharePoint
•Microsoft Dynamics AX
•PayScale
•UKG or other HRIS systems
Safety Summary
Working Conditions
Work is normally performed at a desk air-conditioned and heated, password- secured office.
Physical Requirements
•Speaking
•Listening
•Writing
•Typing
•Reaching
•Kneeling
•Grasping
•Stooping
Job Hazards
•Pushing and Pulling drawers, chairs, doors
•Trip hazards
•Electrical Hazards (Power cords, PCs, other electrical items.)
•Ergonomic hazards
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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