Compensation Analyst

Creation Technologies•Boston, MA

14d

About The Position

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. The Compensation Analyst is a key member of the Total Rewards function at Creation Technologies. This is an individual contributor role that is responsible for providing strategic direction and implementing key initiatives with regards to the overall compensation strategy for the organization. This position will be the subject matter expert for the company with regards to pay grades, salary structures, and bonus structures to ensure a robust compensation offering that will ensure we are competitive in the marketplace. The incumbent will play a key role in policy development, regulatory compliance, and communication of compensation-related information. Market Analysis and Benchmarking: Conducts market research and analysis to determine competitive salary ranges for various roles Participates in compensation surveys and analyzes data from various sources Develops and maintains salary structures and pay grades Participates in career ladder development and ongoing maintenance Program Development and Administration: Assists in the development and implementation of compensation programs, including base pay, bonuses, and incentive plans Evaluates job positions and determines appropriate classifications and salary levels Administers compensation programs and ensures compliance with relevant laws and regulations Manage compensation cycles (merit, annual and quarterly bonuses) and coordinate activities with the Workday team Data Analysis and Reporting: Analyzes compensation data and trends to identify potential issues and opportunities for improvement Prepares reports and presentations for management on compensation-related matters Utilizes Workday and other analytical tools to manage compensation data Communication and Consultation: Provides guidance and support to HR business partners and managers on compensation-related matters Communicates compensation information to employees in a clear and transparent manner Supports Total Rewards initiatives and other HR projects. If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us! Creation Technologies is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. If you require any accommodations to complete the application process or need the job posting in an alternative format, please email [email protected]. You will be connected with our Talent Acquisition team. If you are contacted regarding the position, please inform our Talent Acquisition team of any accommodations you may need during the recruiting process. All information related to accommodation requests will be handled confidentially. Canada: Title for the position will be in accordance with applicable national and local laws.

Requirements

3+ years of experience in compensation analysis, including experience with base pay, bonuses, and incentive plans
A bachelor’s degree is preferred; however, equivalent professional experience will be considered
Strong analytical and data interpretation skills, including experience with HRIS systems and other analytical tools
Proficiency in Microsoft Excel, including experience with VLOOKUPs, pivot tables, and other analytical functions
Knowledge of compensation principles, practices, and regulations, including FLSA, pay equity, and other relevant laws
Excellent communication and interpersonal skills, including the ability to effectively communicate complex information to various audiences
Strong problem-solving and decision-making skills
Ability to work independently and as part of a team
Experience with job evaluation methodologies and market pricing
Understanding of the broader HR function

Nice To Haves

Workday advanced compensation module experience strongly preferred

Responsibilities

Conducts market research and analysis to determine competitive salary ranges for various roles
Participates in compensation surveys and analyzes data from various sources
Develops and maintains salary structures and pay grades
Participates in career ladder development and ongoing maintenance
Assists in the development and implementation of compensation programs, including base pay, bonuses, and incentive plans
Evaluates job positions and determines appropriate classifications and salary levels
Administers compensation programs and ensures compliance with relevant laws and regulations
Manage compensation cycles (merit, annual and quarterly bonuses) and coordinate activities with the Workday team
Analyzes compensation data and trends to identify potential issues and opportunities for improvement
Prepares reports and presentations for management on compensation-related matters
Utilizes Workday and other analytical tools to manage compensation data
Provides guidance and support to HR business partners and managers on compensation-related matters
Communicates compensation information to employees in a clear and transparent manner
Supports Total Rewards initiatives and other HR projects