Compensation Analyst

POSITION SUMMARY

This is a highly analytical role involving great attention to detail.

• • Compiles data and performs statistical analysis and interpretation to provide solutions and recommendations on compensation practices and projects.
• • Assists in reviewing requests for job analysis, including requests for new job titles or changes to existing jobs and descriptions in order to ensure internal equity.
• • Assists with the design and analysis of base, merit, bonus and incentive plans for appropriate employee groups.
• • Creates or modifies job descriptions as needed to reflect appropriate responsibilities, activities, duties and requirements.
• • Reviews wide range of relevant compensation data to ensure company's compensation policies are competitive.
• • Participates in salary surveys on behalf of the company and ensures analysis of applicable results in order to determine the company’s external market equity.
• • Provides support with market pricing data for bench marking and equity reviews.
• • Manages salary structure creation and maintenance.
• • Ensures company compliance with relevant laws and regulations.
• • Performs other Compensation special projects as requested.

• • Bachelor’s degree preferred.
• • 2+ years of compensation experience.

• • Knowledge of Excel including complex formulas, such as IF statements, concatenations, VLOOKUP function and pivot tables.
• • Knowledge of HRIS and reporting, Workday experience preferred.
• • Ability to maintain confidential information.
• • Highly analytical and strategic thinker.
• • Ability to prioritize work and meet tight deadlines.
• • Excellent follow through skills.
• • Knowledge of the FLSA and similar State regulations impacting compensation.