Compensation Analyst - Executive Compensation
About The Position
POSITION SUMMARY: The Compensation Analyst is responsible for providing analysis in support of the planning, design and development of employee compensation and total rewards programs across Republic Services. The incumbent will research job requirements and evaluate jobs to ensure the company is competitive in all areas of compensation. The Compensation Analyst will develop models and provide initial recommendations for the organization's compensation offerings. PRINCIPAL RESPONSIBILITIES: Conducts market analysis to research employee compensation in similar industries and uses data analysis techniques to assess results and market trends. Based on findings, recommends changes or updates to the company's existing compensation programs or policies. Prepares and presents summaries and recommendations of job analysis and compensation analysis information with the use of spreadsheets. Prepares and maintains job descriptions for each position in the organization, ensuring job descriptions accurately reflect the work being performed, the minimum requirements and KSAs needed to be successful in the role. Conducts job evaluations to ensure appropriate placement of the job within the job architecture. Complete FLSA tests for all jobs to identify jobs that are exempt under the Fair Labor Standards Act (FLSA). Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position. Prepares and maintains job classifications and salary ranges. Participates in enterprise compensation projects and cyclical processes including the Annual Compensation Planning program and the annual market/equity analysis initiative. Conducts data and cost analyses to inform compensation programs and collective bargaining negotiations. Performs audits to ensure data integrity across all compensation systems. Provides advice and guidance on applicable state and federal compensation regulations/guidelines, provides information to aid in collective bargaining negotiations. Responds to various compensation requests from Human Resource Partners via ServiceNow, ensuring completion within the prescribed Service Level Agreement (SLA) timing for the respective requests. Maintains and creates job codes in the HRIS system for existing and new jobs and ensures integration of job profile data in the survey data management system. Participates in external compensation surveys to help build/maintain a robust survey library. Helps to ensure that wage and salary recommendations are internally equitable and externally competitive, while also legally compliant. Other non-essential duties as assigned or may be necessary . QUALIFICATIONS: Proficient in the use of with Microsoft Office; with advanced Microsoft Excel and PowerPoint skills Knowledge of quantitative and qualitative research methods Knowledge of compensation principles Knowledge of laws governing compensation Understanding of job analysis and job description fundamentals Results oriented, being able to anticipate key issues and problems and come to resolution quickly Analytical and organizational skills Ability to communicate, persuade and make effective formal presentations
Requirements
- Proficient in the use of with Microsoft Office; with advanced Microsoft Excel and PowerPoint skills
- Knowledge of quantitative and qualitative research methods
- Knowledge of compensation principles
- Knowledge of laws governing compensation
- Understanding of job analysis and job description fundamentals
- Results oriented, being able to anticipate key issues and problems and come to resolution quickly
- Analytical and organizational skills
- Ability to communicate, persuade and make effective formal presentations
- 2-4 Years of experience in compensation including completing job analyses, developing salary structures; completing complex analyses and providing guidance to business partners on compensation related items.
Responsibilities
- Conducts market analysis to research employee compensation in similar industries and uses data analysis techniques to assess results and market trends.
- Based on findings, recommends changes or updates to the company's existing compensation programs or policies.
- Prepares and presents summaries and recommendations of job analysis and compensation analysis information with the use of spreadsheets.
- Prepares and maintains job descriptions for each position in the organization, ensuring job descriptions accurately reflect the work being performed, the minimum requirements and KSAs needed to be successful in the role.
- Conducts job evaluations to ensure appropriate placement of the job within the job architecture.
- Complete FLSA tests for all jobs to identify jobs that are exempt under the Fair Labor Standards Act (FLSA).
- Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.
- Prepares and maintains job classifications and salary ranges.
- Participates in enterprise compensation projects and cyclical processes including the Annual Compensation Planning program and the annual market/equity analysis initiative.
- Conducts data and cost analyses to inform compensation programs and collective bargaining negotiations.
- Performs audits to ensure data integrity across all compensation systems.
- Provides advice and guidance on applicable state and federal compensation regulations/guidelines, provides information to aid in collective bargaining negotiations.
- Responds to various compensation requests from Human Resource Partners via ServiceNow, ensuring completion within the prescribed Service Level Agreement (SLA) timing for the respective requests.
- Maintains and creates job codes in the HRIS system for existing and new jobs and ensures integration of job profile data in the survey data management system.
- Participates in external compensation surveys to help build/maintain a robust survey library.
- Helps to ensure that wage and salary recommendations are internally equitable and externally competitive, while also legally compliant.
- Other non-essential duties as assigned or may be necessary .
Benefits
- Comprehensive medical benefits coverage, dental plans and vision coverage.
- Health care and dependent care spending accounts.
- Short- and long-term disability.
- Life insurance and accidental death & dismemberment insurance.
- Employee and Family Assistance Program (EAP).
- Employee discount programs.
- Retirement plan with a generous company match.
- Employee Stock Purchase Plan (ESPP).
- Paid Time Off (PTO)
- Benefits: https://jobs.republicservices.com/us/en/about-us/benefits
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
