Senior Compensation and Benefits Analyst

Tutor Perini•Sylmar, CA

16h•Onsite

About The Position

The Compensation and Benefits Analyst reports to the Director of Total Rewards and plays a crucial role in developing, implementing, and administering our company's compensation and benefits programs. This position combines analytical skills with HR expertise to ensure our total rewards strategy attracts, motivates, and retains top talent while maintaining cost effectiveness and compliance.

Requirements

Bachelor's degree in Human Resources, Business Administration, Finance, or related field
1 or more years of experience in compensation and benefits analysis or administration
Strong analytical and quantitative skills with expertise in data analysis and interpretation
Proficiency in Excel (pivot tables, formulas, modeling) and HRIS/payroll systems
Knowledge of compensation structures, job evaluation methodologies, and benefits administration
Understanding of relevant employment laws and regulations
Must be willing and able to work five days per week in our Sylmar, CA office

Nice To Haves

Master's degree in related field is preferred but not required
Professional certification (CCP, CEBS, SHRM-CP, PHR) is preferred but not required
Experience with compensation management software is preferred but not required
Knowledge of statistical analysis and modeling techniques is preferred but not required
Project management experience is preferred but not required

Responsibilities

Conduct regular market salary surveys and competitive analyses to ensure compensation packages remain competitive
Develop, maintain and communicate job descriptions, job evaluations, job architecture, salary/grade structures and compensation budgets
Participates in compensation surveys, conducts research and analysis on market competitiveness and internal/external pay equity
Analyze compensation trends and make recommendations for adjustments to maintain market competitiveness
Support annual merit review processes, bonus calculations, and incentive plan administration
Advises managers on effective pay decisions to help ensure internal equity and external competitiveness
Prepare compensation reports and dashboards for leadership review
Develops and administers benefits programs including health, retirement, and ancillary benefits, and communicates eligibility and coverage information to employees
Support benefits enrollment processes and serve as a subject matter expert for escalated benefits inquiries from employees
Assist in managing relationships with benefits vendors and brokers
Analyze benefits utilization data to evaluate program effectiveness and ROI
Research industry trends and best practices in benefits offerings
Monitor benefits costs and recommend modifications to optimize value
Ensure compensation and benefits programs comply with applicable laws and regulations (FLSA, ACA, ERISA, etc.)
Prepare and submit required government reports and filings related to compensation and benefits, including 5500s, etc.
Assist with internal and external audits of compensation and benefits programs
Monitor legislative changes that could impact compensation and benefits strategies
Maintain accuracy of compensation and benefits data in HRIS systems, support system upgrades and audits
Develop and improve processes for compensation administration and benefits management
Create and maintain documentation for compensation and benefits policies and procedures
Identify opportunities for automation and process efficiency