Compensation Analyst

TEKsystems•Annapolis, MD

9h•$95,000 - $100,000•Hybrid

About The Position

We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law. About TEKsystems and TEKsystems Global Services We’re a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We’re a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We’re strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We’re building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com. The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

Responsibilities

Administers the company wage and salary program
Works with leaders in developing and/or revising job descriptions to include job content, minimum qualifications and licensure requirements in order to effectively develop, evaluate and classify positions within the organization.
Analyzes market data utilizing third party surveys and internal comparative data to determine appropriate position classification and salary level. Recommends appropriate classification and salary level based on reliable data and sound compensation theory.
Participates in a broad range of salary surveys to ensure enough data to assess organizations competitive standing.
Reviews survey results and independently develops recommendations for market adjustments. Determines cost projections for current and subsequent years for management review and approval.
Develops projections and modeling scenarios for salaries, retention, and bonus programs.
Oversees the medical centers merit program for both staff and leadership. Develops action plan for the timely planning and implementation of merit adjustments.
Assists in the development and implementation of variable pay programs.
Develops compensation policies that ensure the organization is in compliance with all applicable Federal and State Wage and Hour laws.
Maintains position control information for the budget. Works with Finance to reconcile changes throughout the year.