Compensation Analyst

The Compensation Analyst will be responsible for compensation and job description administration, ensuring compensation systems are maintained and applied accurately and consistently, and job descriptions reflect the current realities of the duties and requirements for each job. This role is also responsible for conducting and participating in salary studies, salary range maintenance, conducting job evaluation, and maintaining accurate and compliant job descriptions.

This is a 3-month contract with the potential for extension or conversion to a full-time role.

Responsibilities

• Maintain organization's job description library, keeping job description current and accurate.
• Conducts job evaluation to analyze job responsibilities and requirements and recommend salary grade, title, and exemptions status to compensation committees.
• Prepares new job description and job description change presentations for Personnel & Wellness and Finance and Budget Committee review and approval.
• Evaluates new and updated jobs; ensures accurate and compliant job descriptions.
• Establishes and maintains job description and job evaluation methods, guidelines, and templates.
• Develops training and resources to support management understanding with creating new job descriptions or modification of job descriptions.
• Coordinates with Recruitment to verify and review changes to job descriptions with new job requisitions.
• Establishes and maintains policies and procedures related to compensation and job description administration.
• Conducts compensation audits to ensure internal equity and compliance with federal, state, and local regulations.
• Coordinates with compensation consultants to conduct recurring benchmarking and analysis of salary ranges.
• Participates in salary survey studies and compiles salary data; maintains compensation databases and provides reporting and analysis.
• Delivers insights on compensation strategies in support of hiring and retention practices.
• Creates tools and reporting to track total rewards metrics, analyze pay equity, and surface insights to leaders.
• Updates and maintains salary ranges in coordination with Finance and Operations.
• Assists in executing salary updates, ensuring accuracy and alignment with the organization's philosophy.
• Generates and compiles compensation data and reports for audits, forecasting, and ad hoc purposes; analyzes and interprets data to make recommendations.
• Establishes and maintains the compensation administration guide.
• Supports other HR and/or Payroll related projects as assigned.
• Performs other duties as assigned.

Qualifications

• Bachelor's degree in business administration or a related field.
• Minimum of 3+ years of experience working with compensation programs and/or related HR experience.
• Strong knowledge of compensation principles, practices, and regulations, including job evaluation methodologies.
• Demonstrated ability to conduct job evaluation, compensation survey tools, and maintain salary ranges.
• Knowledge of ADP HRIS and benefits modules or related HR systems desired.
• Knowledge of leading practices and external trends in compensation.
• Excellent communication and interpersonal skills.
• Strong Excel and data analysis skills.
• Strong analytical and problem-solving skills.
• Must be able to work core work hours and work schedule as assigned by manager.

Pay

• $36.45-$40.87/hr

Why Choose R&D Partners?

As an employee, you have access to a comprehensive benefits package including:

• Medical insurance – PPO, HMO & HSA
• Dental & Vision insurance
• 401k plan
• Employee Assistance Program
• Long-term disability
• Weekly payroll
• Expense reimbursement
• Online timecard approval

R&D Partners is a global functional service provider and strategic staffing resource specializing in scientific, clinical research & engineering. We provide job opportunities within major pharmaceutical, biopharmaceutical, biotechnology, and medical device companies.

R&D Partners is an equal-opportunity employer.