Compensation Policy Analyst

4 days ago


Prior Lake, Minnesota, United States Lakeside HR Group Full time
Compensation Analyst Job Description

Lakeside HR Group is seeking a highly skilled Compensation Analyst to join our team. The ideal candidate will have a strong background in compensation analysis, policy implementation, and program administration.

The Compensation Analyst will be responsible for analyzing and implementing compensation policies, frameworks, and programs, including base/fixed compensation, variable compensation/incentives, deferred compensation, and executive compensation. This role will also involve evaluating and analyzing external market data to develop recommendations for maintaining or improving competitive pay programs.

The successful candidate will have excellent analytical and communication skills, with the ability to drive process improvement and mentor others on compensation-related topics. Experience with human capital management systems and a strong understanding of regulatory requirements, such as FLSA, is also essential.

Key Responsibilities:

  • Analyze and implement compensation policies, frameworks, and programs
  • Evaluate and analyze external market data to develop recommendations
  • Drive process improvement and mentor others on compensation-related topics
  • Ensure compliance with regulatory requirements, such as FLSA
  • Collaborate with cross-functional teams to design and implement compensation programs

Requirements:

  • Bachelor's Degree or equivalent combination of education and experience
  • 2+ years of experience in compensation and/or analytics
  • Advanced proficiency in Microsoft Excel and intermediate level of proficiency in Microsoft Word and PowerPoint
  • Experience owning large compensation programs and projects end-to-end
  • Excellent verbal and written communication skills
  • Commitment to high quality of work and excellent customer service


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