Compensation Specialist
6 days ago
A.C. Coy is seeking a skilled Compensation Analyst to support the administration of our job documentation, analyses, and grading programs. The ideal candidate will have a bachelor's degree and a minimum of 4 years of compensation administration experience, including spreadsheet design and analysis.
Key Responsibilities:
- Support the administration of job documentation, analyses, and grading programs.
- Collaborate with stakeholders to determine key components of positions and conduct external market data and internal equity analyses.
- Recommend salary grades for positions and ensure job descriptions are current and accurate.
- Conduct FLSA testing and prepare recommendations.
- Maintain and update the bonus program by calculating bonus accruals and annual bonuses.
- Manage and analyze data from multiple sources, including market data, PeopleSoft, and Morningstar.
- Update balanced scorecards with fund assignments, peer groups, performance targets, and distribute them for review and approval.
- Prepare Portfolio Manager compensation disclosure statements and coordinate the receipt and review of performance appraisals.
- Analyze data and conduct market research in support of annual compensation programs.
- Participate in management meetings to understand and document recommendations for promotions/salary adjustments and develop the compensation planning calendar.
Qualifications:
- Bachelor's Degree
- 4 years of experience with compensation administration, including spreadsheet design and analysis
- Strong grasp of HRIS, Microsoft Office, and Fair Labor Standards Act (FLSA) regulations
- Knowledge of PeopleSoft and MS Access preferred
- Strong statistical analysis skills and project management experience a plus
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