Compensation Analyst | Fort Worth, Texas

TTI • Fort Worth, TX

9d

About The Position

The Compensation Analyst participates in the development, implementation, administration, and communication of compensation programs aligned with company objectives across the United States, Canada, and Mexico. The role conducts market pay analyses, benchmarks jobs against survey data, evaluates job requirements and job worth, and helps maintain competitive, compliant pay practices in line with the company’s compensation philosophy.

The Analyst administers compensation-related systems and databases, including HRSoft Merit Planning, UKG Human Capital Management (HCM), and MarketPay. The position prepares regular and ad hoc analyses and reports on pay practices and compensation actions, including hiring, promotions, and internal equity studies, and provides data analysis and recommendations to HR staff and company managers. This position reports to the Manager, Compensation.

TTI, Inc. is headquartered in Fort Worth, Texas, and is an authorized distributor of passive, connector, electromechanical, and discrete components. The company has more than 100 locations in North America, Europe, and Asia. Relocation assistance and visa sponsorship are not available; candidates must be local or willing to relocate at their own expense and authorized to work in the United States.

Requirements

• Two to four years of related compensation experience.
• High school diploma or GED required.
• Advanced proficiency in Excel.
• Experience in data analysis, data mining, and statistical analysis related to compensation and workforce data.
• Practical knowledge of the compensation function, including administering base and incentive programs and building or maintaining salary structures.
• Practical knowledge of human resources laws, regulations, and best practices related to compensation.
• Excellent analytical, critical-thinking, problem-solving, and attention-to-detail skills.
• Ability to self-manage projects and provide effective, professional customer service.
• Ability to communicate effectively, both verbally and in writing, at various organizational levels.
• Excellent presentation, facilitation, interpersonal, and consultative skills.
• Ability to work in a fast-paced environment.
• Must be authorized to work in the United States; visa sponsorship is not available.
• Must be local to the area or willing to relocate at personal expense; relocation assistance is not offered.

Nice To Haves

• Bachelor’s degree in a related field such as Human Resources, Finance, Business, Mathematics, or Data Analytics preferred.
• Understanding of databases and data extraction.
• Experience with MarketPay and/or other compensation and HRIS applications.

Responsibilities

• Participate in the design, analysis, administration, and communication of compensation programs.
• Help ensure compensation practices comply with applicable local, state, and federal laws in the United States, Mexico, and Canada, including requirements related to exemption status and pay equity.
• Lead and build the annual merit process using HRSoft compensation software.
• Partner with HR staff and company managers by providing data analysis, answering compensation-related questions, and offering best-practice solutions.
• Perform regular and ad hoc compensation analyses using analytical and quantitative techniques, and provide recommendations for action when appropriate.
• Conduct market compensation studies and analyses for new and existing positions to determine competitive ranges for hiring, promotions, and internal pay equity.
• Review job requirements periodically or upon request, assess job worth, and assign appropriate market benchmarks to determine competitive baseline pay.
• Recommend corrective or alternative actions to resolve compensation issues or discrepancies.
• Maintain salary structures and benchmarks in MarketPay, update published compensation reports as needed, and maintain accurate data.
• Participate in salary surveys, including Mercer and Willis Towers Watson, and upload survey results into MarketPay when available.
• Manage the annual migration of market benchmarks within MarketPay.
• Audit changes made to benchmarks and provide summary reports to the Manager, Compensation.
• Assign competency codes and create or update job codes and job titles in the HRIS, and notify relevant HR staff of changes.

Benefits

• Medical, dental, and vision benefits.
• 401(k)/Roth plan with matching.
• Healthcare Savings Accounts.
• Educational assistance, including tuition reimbursement.
• Ongoing training and opportunities to participate in professional and personal development programs.
• Philanthropic opportunities to give back to communities.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED