Compensation Analyst I

Freeport McMoRan•Phoenix, AZ

1d•Hybrid

About The Position

At Freeport-McMoRan, we are committed to providing employment that recognizes excellence and encourages safe production, with a culture supported by our core values. Our global headquarters is in Phoenix, Arizona, where several hundred employees support operations in finance, human resources, health and safety, information technology, planning, and more. Our flexible work program allows employees to work virtually as well as come together in person when needed at our Collaboration Hub in Phoenix and/or one of our site locations. Employees can work remotely from most states in the U.S., with the exception of California, Connecticut, Illinois, Kansas, Kentucky, Massachusetts, Michigan, New Hampshire, New York, North Carolina, Oklahoma and South Carolina. Additional states may be excluded from remote work based on business factors. Should the position shift to in-person (office/site) work in the future, the company will offer relocation benefits at that time, so long as the position meets the established eligibility for these benefits. This role provides entry-level support for domestic compensation programs, including determining appropriate base pay amounts, salary survey participation, job evaluations, market pricing, and administering basic compensation programs.

Requirements

Bachelor’s degree in Business or Human Resources or related field and one (1) year experience in compensation or related field; OR High School Diploma and four (4) years’ experience in compensation or related field, plus one (1) year of human resources experience, or professional-level operations experience, including significant human resources work.
General human resources and/or compensation knowledge required including compliance with state and federal laws.
Strong problem solving, communication, and writing skills.
Detail oriented and well organized.
Confident to work independently but a strong team player.
Strong MS Office skills including Word and Excel.

Responsibilities

Determine appropriate base pay offer amounts for domestic high-volume and entry-level positions using department compensation tools.
Assist with preparing regular and ad hoc compensation reports as necessary.
Help respond to issue escalations from the service center as assigned by collaborating with peers to conduct research, investigate inquiries, and provide resolution.
Participate in salary surveys.
Prepare files for automated salary matching.
Validate the accuracy of market composites.
Assist in the preparation of analyses to evaluate adjustments to salary structures and merit matrices.
Support performing job evaluations to market price positions, utilizing a variety of salary surveys to recommend the appropriate grade and FLSA status for positions across the organization.