Compensation and Benefits Analyst

VXI Global Solutions•Morrow, OH

2d•$65,000•Hybrid

About The Position

The Compensation and Benefits Analyst is responsible for supporting the design, administration, analysis, and governance of compensation and benefits programs across the United States workforce, including agent, non-agent, and executive employee populations. This role partners closely with Human Resources, Finance, Talent Acquisition, and business leaders to ensure compensation and benefits programs are competitive, equitable, compliant, and aligned with organizational objectives. The analyst will conduct market benchmarking, compensation analyses, incentive plan administration, executive compensation support, benefits reporting, and workforce analytics while maintaining compliance with federal, state, and local regulations.

Requirements

Bachelor's degree in Human Resources, Business Administration, Finance, Economics, Accounting, or related field.
3-5+ years of experience in compensation, benefits, total rewards, or HR analytics.
Experience supporting multiple employee populations, including hourly, salaried, incentive-based, and executive employees.
Strong analytical and quantitative skills with the ability to interpret complex data and trends.
Advanced proficiency in Microsoft Excel, including pivot tables, lookups, formulas, and data analysis.
Experience working with HRIS systems such as Workday, SAP SuccessFactors, Oracle HCM, UKG, or similar.
Knowledge of compensation structures, salary surveys, incentive programs, and benefits administration.
Understanding of federal and state compensation and benefits regulations.
Excellent communication, presentation, and stakeholder management skills.
Ability to handle confidential and highly sensitive information with discretion.

Nice To Haves

Certified Compensation Professional (CCP) designation.
Certified Benefits Professional (CBP) designation.
Experience supporting executive compensation programs.
Experience with compensation planning software and workforce analytics tools.
Experience in large, multi-state organizations.
Knowledge of incentive compensation design and administration.
Experience utilizing Workday HCM.

Responsibilities

Administer and support compensation programs for agent, non-agent, corporate, and executive employee populations.
Conduct market pricing and benchmarking analyses using salary survey data to evaluate internal and external competitiveness.
Analyze compensation trends and make recommendations regarding salary structures, pay ranges, incentive plans, premiums, and allowances.
Support annual compensation planning activities including merit increases, promotions, bonuses, and market adjustments.
Conduct pay equity analyses and provide recommendations to support fair and compliant compensation practices.
Evaluate jobs and conduct position assessments to determine appropriate compensation levels and grading.
Audit compensation transactions to ensure accuracy, consistency, and compliance with company policies.
Develop compensation models and financial analyses to support business decisions and workforce planning.
Assist in the administration of executive compensation programs, including annual and long-term incentive plans.
Support executive compensation benchmarking and market analysis.
Prepare executive compensation reports, presentations, and materials for senior leadership and compensation committees.
Partner with Legal, Finance, and HR leadership to ensure regulatory and governance compliance.
Maintain confidentiality of executive compensation data and sensitive organizational information.
Support the administration and effectiveness of health, welfare, retirement, and voluntary benefit programs.
Analyze benefits utilization, enrollment metrics, trends, and program effectiveness.
Partner with benefit vendors and internal stakeholders to resolve escalated issues and improve employee experience.
Support annual open enrollment planning, communications, testing, and reporting.
Assist with benefits compliance activities related to ERISA, ACA, COBRA, HIPAA, and other applicable regulations.
Evaluate market competitiveness of benefit offerings and provide recommendations for enhancements.
Develop and maintain compensation and benefits dashboards, scorecards, and workforce analytics reports.
Analyze employee data and provide actionable insights related to compensation, benefits, retention, turnover, and workforce trends.
Prepare recurring and ad hoc reports for HR leadership, Finance, and executive stakeholders.
Ensure data integrity within HRIS, compensation, and benefits systems.
Ensure compensation and benefits programs comply with applicable federal, state, and local laws and regulations.
Support internal and external audits related to compensation and benefits practices.
Maintain documentation, procedures, and controls supporting compensation governance.
Monitor industry trends, legislative changes, and best practices impacting compensation and benefits programs.