Compensation Analyst
About The Position
The Compensation Analyst supports the administration, analysis, and ongoing development of SOLV Energy’s compensation programs and practices. The role conducts compensation analyses, supports market pricing and salary survey activities, assists with annual compensation cycles, and helps ensure compensation decisions are consistent, competitive, equitable, and aligned with the organization’s compensation philosophy. This is a hybrid role with regular in-office presence in San Diego, California. Specific location details and expectations will be discussed during the interview process. The position requires 2–4 years of compensation specialist or analyst experience and a bachelor’s degree or equivalent experience. Applicants must be legally authorized to work in the U.S. without requiring employer sponsorship now or in the future.
Requirements
- 2–4 years of experience as a compensation specialist or analyst.
- Bachelor’s degree from an accredited college or university, or equivalent experience.
- Research and analytical skills to gather and interpret data.
- Strong interpersonal and collaboration skills to work with teammates across business areas, levels, and geographic locations.
- Strong written and verbal communication skills, with attention to detail and the ability to present information clearly, concisely, and effectively.
- Proficiency in Excel.
- Working knowledge of an HR system.
- Time management skills and ability to deliver on commitments.
- Legally authorized to work in the U.S. without requiring employer sponsorship now or in the future.
Nice To Haves
- Experience with Aon Radford or similar compensation survey platforms.
- Experience working with an HRIS or compensation management system.
- Experience with renewables and/or construction.
- Experience with Workday.
Responsibilities
- Analyze new and existing positions by reviewing job descriptions, evaluating scope and responsibilities, conducting market pricing, and recommending job levels, grades, and salary ranges.
- Support job evaluation and leveling, identifying potential inconsistencies in job scope, level, title, or classification.
- Complete annual and ad hoc compensation surveys, including Aon Radford surveys, by coordinating collection, validation, matching, and submission of employee and job data.
- Assist with annual merit, promotion, and bonus cycles, including eligibility reviews, data validation, compensation worksheets, system configuration and testing, reporting, and audits.
- Reconcile compensation changes after cycles to confirm approved changes are accurately reflected in HR and payroll systems.
- Audit compensation data to identify discrepancies, data quality issues, and potential inconsistencies.
- Perform compensation calculations and analyses, including range penetration, compa-ratio, percentage increases, market positioning, and other compensation metrics.
- Support compensation-related HRIS transactions, testing, and system enhancements.
- Help develop and maintain compensation procedures, guidelines, tools, templates, and documentation.
- Advise management on applicable state and federal employment regulations and compensation and benefits policies.
- Partner with Talent Acquisition to develop, review, evaluate, and maintain job descriptions for requisitions and the job description repository, ensuring accuracy and consistency in scope, responsibilities, titles, and levels.
- Participate in compensation projects and initiatives, including compensation audits, market studies, and policy updates.
- Perform other related duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
