The compensation analyst supports the Company’s salary administration, merit and incentive compensation programs; evaluates and analyzes market data and complex organizational pay practices. The analyst also reviews job descriptions and ensures legal and compliance requirements.
Evaluates jobs, documents responsibilities and requirements in job descriptions
Documents and interprets compensation programs.
Analyzes market data and research to determine competitive positioning of the organization’s salary ranges and pay programs.
Assists in the maintenance of the company’s salary structure.
Maintains documentation of incentive and bonus programs.
Collaborates with HR Business Partners, Talent Acquisition and leadership on job evaluations, new job creation and job descriptions.
Develops reports and provides analysis for a variety of compensation and HR projects.
Administers base pay and merit programs.
Conducts annual pricing review.
Assists with development of compensation training; coordinates with HR Business Partners and leadership on compensation training and leader education.
Assists and supports HR Managers and department leaders with compensation related issues.
Provides job descriptions to legal team as needed for exemption test.
Maintains a job description repository for HR and Talent Acquisition teams.
Supports the LTIP, stock and other bonus programs.
Remains knowledgeable of minimum wage laws and regulatory environments for compensation
Bachelor’s Degree required.
5+ years of experience in related field (i.e. Compensation, Audit, HR, HRIS, etc.)
Advanced degree preferred
Experience working in a dynamic, rapidly evolving organization strongly preferred
Ability to manage and prioritize multiple projects
Ability to build and maintain relationships
Self-motivated with a strong sense of personal accountability
Strong analytical skills and the ability to draw conclusions from data
Complete work within deadlines
Strong interpersonal, oral and written communication skills
Advanced Microsoft skills in Word, Excel, and PowerPoint