Sr. Compensation Analyst

About the position

Acara Solutions is seeking a Sr. Compensation Analyst for our client, a top food manufacturing company in Lancaster, NY! In this role, you will be responsible for developing, overseeing, and maintaining a compensation program, ensuring fair and competitive practices to attract, retain and motivate employees.

Responsibilities

• Manages and maintains the compensation program, including salary structures, incentive pay and executive compensation.
• Documents and analyzes compensation policies, monitors the effectiveness of existing compensation practices, and makes recommendations consistent with statutory compliance, compensation trends and total rewards objectives.
• Collaborates with Human Resources and management on job evaluation, analysis, grading and pricing.
• Performs and participates in market analysis and salary survey activities; analyzes markets trends and industry standards; proposes compensation strategy and program improvements as needed.
• Participates in merit increase processes to ensure compliance within budgetary limits and according to compensation policies.
• Communicates compensation policies and changes to employees as needed.
• Other duties as may be assigned.

Requirements

• Bachelor's Degree in Human Resources, Business Administration, or related field.
• Minimum 5 years' experience in compensation program implementation, analysis and maintenance.
• Minimum 5 years' experience using Microsoft Excel (and its advanced functions).

Nice-to-haves

• Knowledge of federal, state and local regulations, and compliance requirements related to employee compensation.
• Certified Compensation Professional (CCP) preferred.
• Strong analytical and communication skills, with the ability to present data to all levels of the organization.
• Effective critical thinking, collaboration, and problem-solving skills.
• Experience with UKG is a plus.

Benefits

• Health/Dental/Vision Insurances with Opt-out Option
• Vacation & PTO/Sick time
• 401K with company match
• and more!