Compensation Analyst

AKRS Equipment•Lincoln, NE

35d•Onsite

About The Position

AKRS is seeking a Compensation Analyst to join our dynamic HR team in our Lincoln, NE office. As a Compensation Analyst, you will collaborate closely with others in HR, Finance, and AKRS Leadership to research, analyze, develop, and administer the organization’s compensation programs.

Requirements

Bachelor’s degree in human resources, Business Administration, Finance, or related field.
2-3 years of experience in compensation analysis, data analytics, job evaluation, or related HR functions
Strong analytical skills with the ability to interpret and present complex data.
Knowledge of federal and state compensation laws and HR best practices.
Analytical and quantitative reasoning
Attention to detail
Strong communication and presentation skills
Business and financial acumen
Ability to manage confidential information
Ability to collaborate with cross-functional partners

Responsibilities

Assists in developing, implementing, and administering the organization’s compensation strategy, including salary structures and compensation policies.
Reviews and revises compensation programs to maintain market competitiveness and legal compliance.
Assist in designing and evaluating compensation programs, including base pay, incentive plans, bonuses, and other rewards.
Compiles and analyzes data for monthly incentive/bonus and annual bonus programs.
Conducts job evaluations to determine job classifications, salary ranges, and internal equity.
Analyzes job duties and responsibilities to ensure accurate compensation alignment.
Completes salary surveys and benchmarks compensation against competitors and the broader labor market.
Ensure compensation practices comply with relevant federal and state laws and organizational policies.
Monitors changes in compensation-related regulations and update policies as needed.
Partner with others in HR, Finance, and leaders to understand workforce needs and guide compensation recommendations.
Communicate compensation policies and findings to managers and employees when needed.