Compensation Analyst Jobs

About The Position

Requirements

• At least 3 years of experience in Human Resources, with a proven understanding of compensation practices and laws.
• At least 3 years of experience compiling, analyzing, and interpreting data using spreadsheets such as Excel.
• Ability to create and use VLOOKUPs, pivot tables, and similar formulas.
• Strong decision-making and organizational skills, with the ability to optimize available resources and manage multiple priorities.
• Attention to detail and ability to deliver accurate data.
• Ability to work independently and direct one’s own work by determining short- and long-term objectives.
• Excellent analytical thinking and mathematical skills.
• Excellent verbal and written communication skills, including interpersonal and presentation skills.
• Strong teamwork skills and integrity to earn colleagues’ confidence.
• Commitment to keeping confidential information secure and limited to its intended audience.

Nice To Haves

• Human Resources or Compensation certification.
• Experience participating in and using salary survey data, such as Radford or Mercer.
• Experience using HRIS reporting tools to build standard and custom reports.

Responsibilities

• Conduct market analyses to determine competitive positioning of jobs and prepare reports comparing employee information with market data.
• Conduct internal equity analyses and provide salary recommendations for job postings, new-hire offers, and internal pay adjustments.
• Use market intelligence to determine appropriate compensation structures for positions.
• Identify trends across compensation programs and recommend alignment when needed.
• Administer the annual merit review process, including communications, data validation, system setup, and reporting.
• Partner with HR Business Partners to implement changes or corrections to employee status or job information.
• Analyze compensation programs and recommend improvements.
• Assess jobs and duties to determine classifications under FLSA guidelines and ensure employees are classified appropriately.
• Educate employees and leaders on the company’s compensation philosophy and practices.
• Provide data for annual salary and benefits surveys.
• Analyze benefits programs, including health, dental, and retirement, for competitiveness, cost-effectiveness, and utilization trends; recommend program enhancements or redesigns based on data.
• Participate in compensation- and benefits-related initiatives and projects.
• Help develop project plans, including tools, schedules, milestones, and deliverables.
• Interpret market data in relation to company positions and organizational structure.
• Audit compensation-related HRIS data to ensure data integrity, and document and correct identified issues.
• Perform other related duties as assigned.

Benefits

• Free eye exams for the employee’s entire family.
• Discounts on lenses, glasses, and other services.
• Healthcare coverage.
• 401(k) match.
• Flexible PTO.
• Tuition reimbursement program.
• In-house restaurant with highly discounted meals.
• Free snacks, ice cream, and drinks every day.
• Full onsite gym.