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Compensation Analyst

$65,000 - $75,000/Yr

Salary.com - Waltham, MA

posted 4 days ago

Full-time - Entry Level
Waltham, MA
Publishing Industries

About the position

Salary.com is looking to add an energetic, self-motivated Compensation Analyst to our amazing team! As a leading consumer and enterprise resource for compensation data, software, consulting, and education, Salary.com has been helping people understand their worth and organizations attract and retain top talent for nearly 20 years. The Compensation Analyst will support customers by evaluating job descriptions, generating benchmark pricing reports, and offering consultation on compensation best practices and platform methodology. Our mission is to provide fast and accurate compensation data for informed talent management decisions.

Responsibilities

  • Provide consultative solutions to our customers regarding our compensation analysis software and compensation data.
  • Study market compensation surveys to understand the market ranges of pay for a job.
  • Perform benchmark job matching across multiple survey sources.
  • Build market-pricing composites for jobs in different industries, company sizes, and geographies.
  • Formulate pay trends and scope differentials to make economic adjustments to the data.
  • Prepare testing plans and assure data quality.
  • Document business processes for data production.
  • Help clients effectively use Salary.com software and data in order to manage their compensation programs.
  • Write and edit benchmark job descriptions.
  • Map supplementary content to jobs descriptions such as skills, certifications, and licenses.
  • Contribute to compensation consulting projects.
  • Contribute to new product development by working with Product Managers.
  • Assist in the completion of other projects as needed.

Requirements

  • Bachelor's Degree (Human Resources, Math, Business Analytics focused preferred)
  • 0-1 years of experience in compensation and a desire for continuous learning
  • Able to thrive in a fast-paced, multi-task-oriented environment
  • Advanced Excel skills
  • Capacity to work independently, as well as collaborate with a team
  • Desire to become a Certified Compensation Professional

Benefits

  • Company celebrations
  • 10 paid holidays and generous paid vacation time
  • Cell phone reimbursement
  • Robust benefit plan including Medical, Dental, Vision, Life, Disability coverage
  • 401K with 6% Company match
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