Compensation Analyst - UniFirst

UniFirst • Wilmington, MA

19d • $68,000 - $94,000

About The Position

The Compensation Analyst is a member of the Total Rewards team and works under the general direction of the Compensation Manager. This role assists with the design, evaluation, implementation, and administration of compensation plans and programs. The analyst evaluates internal and external data and provides recommendations about compensation practices.

The position conducts market research, evaluates competitive positioning and market trends, supports the annual merit increase process, evaluates jobs and compensation classifications, participates in compensation surveys, and maintains compensation data in the HRIS. It also monitors compensation trends and legislation, maintains job descriptions, develops compensation analytics for senior management, and audits position classifications for compliance with FLSA guidelines and other applicable federal and state legislation.

Requirements

• 3–5 years of experience in Human Resources; experience in Compensation and HRIS is highly preferred.
• Strong Microsoft Word, Excel, Visio, and PowerPoint skills.
• Strong analytical skills and ability to analyze and work with large data sets.
• Strong understanding of HR processes, data, and HR technology.
• Strong project management skills and ability to manage multiple projects and shifting priorities.
• Ability to communicate effectively, orally and in writing, with all levels of the organization.
• Demonstrated ability to handle sensitive and confidential information.
• Bachelor’s degree in Human Resources, Finance, Business Administration, or a related field required.
• Travel as necessary.

Nice To Haves

• PeopleSoft experience.

Responsibilities

• Conduct internal and external market research, analyze competitive position and market trends, and recommend base salary structures, market adjustments, and variable pay programs.
• Manage the annual merit increase process, including preparation of merit planning worksheets.
• Evaluate new and existing positions and facilitate determinations of appropriate pay grades, job codes, and regulatory classifications.
• Participate in compensation surveys to collect and analyze salary data and assess the company's competitive position.
• Maintain and update compensation-related data in the Human Resources Information System (HRIS).
• Stay current on compensation trends and legislation.
• Maintain job descriptions to ensure compliance and consistency.
• Develop and provide compensation metrics and analytics to senior management.
• Conduct audits to ensure positions are classified appropriately under FLSA guidelines and other federal and state legislation.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level