Compensation Analyst

Top 5 Skills:

• Intermediate to Advanced Microsoft excel/analytical
• Experience participating in compensation benchmarking, compensation survey and result analysis. (Mercer, Radford, Aon-Hewitt etc survey vendors)
• 2-3 yrs experience customer/employee inquiry management.
• Advanced communication skills- be comfortable communicate complex compensation program/policy elements.

Technologies:

Experience working in Workday and servicenow.

Required Education and Years of Experience:

Bachelor's degree and 2+ years of Compensation, Human Resources, Finance, or related work experience. OR

Associate's degree and 4+ years of Compensation, Human Resources, Finance, or related work experience. OR High School Diploma or equivalent and 6+ years of Compensation, Human Resources, Finance, or related work experience.

Job Description:

• Applies knowledge of compensation principles, processes, and best practices to support compensation programs (e.g., base pay, annual incentive plans, etc.) that aid in talent attraction and retention.
• Collaborates with Compensation team members and HR Partners to complete work.
• Provides support during the company’s annual review process by assisting with a variety of activities (e.g., developing and testing program guidelines; reviewing proposed recommendations to guidelines, budgets, and internal consistencies; analyzing and developing pay recommendations for a workforce, etc.).
• Gathers and analyses internal and external compensation data to make data-based decisions and recommendations regarding compensation-related topics, projects, including the annual market benchmarking process.
• Seeks knowledge on the evolving regulatory environment, pay equity, and other areas related to compensation.
• Writes and organizes documentation for compensation-related decisions and/or projects.
• Supports compensation proposals, including title and/or salary adjustments in conformance with established policies and procedures.
• Collaborates with Talent Acquisition in developing competitive compensation packages for prospective candidates.

Level of Responsibility:

• Works under supervision.
• Decision-making may affect work beyond immediate work group.
• Requires verbal and written communication skills to convey basic, routine factual information.
• Works within the prescribed budgetary objectives of the department.
• Tasks require multiple steps which can be performed in various orders; some planning, problem-solving, and prioritization must occur to complete the tasks effectively.