The Compensation Analyst II focuses on compensation processes including: conducting job evaluations, salary survey submissions, administering the Tuition Reimbursement Program, and being the lead for the annual Merit and AIP process.
The role will:
Utilize analytical compensation skills by analyzing current practices and policies and recommending steps to enhance efficiencies.
Conduct position evaluations on new and existing positions using market data and internal position comparison. In addition, conduct FLSA analysis to determine exemption status.
Submit salary surveys as well as flash surveys that Horizon may participate in. This will also include responding to inquiries regarding submissions, developing merit budget and salary structure movement recommendations.
Lead the annual Merit increase and AIP process for the organization via the Compensation tool. This will involve developing project calendar, coordinating with stakeholders including Shared Services, Payroll, and HR Business Partners.
Process biweekly sales commission payments and coordinate processing of any additional incentive payments on a bi-weekly basis.
Administer the Tuition Reimbursement Program. Review the program components as required to confirm market competitive basis.
Other duties as assigned by manager.
Requires Bachelor degree from an accredited college or university.
Requires a minimum of 4 years of experience in Compensation.
Experience with web-based Compensation administration program preferred.
PeopleSoft, Microsoft Office with proficiency in Excel
Skills and Abilities:
Strong communication skills
Strong interpersonal skills
Strong analytical skills
Travel % (If Applicable): None
Horizon Blue Cross Blue Shield of New Jersey is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or status as an individual with a disability and any other protected class as required by federal, state or local law.