Overview
Job Description
- The Compensation Analyst is responsible for developing implementing and administering compensation programs practices and policies. Activities include analyzing evaluating and preparing recommendations to ensure the company maintains a competitive and cost effective position in the markets in which we operate.
Responsibilities
- Develop and execute training materials and programs that educate HR Business Partners and managers on compensation-related topics and initiatives; lead formal education sessions and presentations
- Provide recommendations to the HR Business Partners Recruiting and business leaders based upon an understanding of each department's needs and goals
- Oversees the market data process including gathering submitting and analyzing data
- Research federal state and local compliance issues such as wage and hour laws and IRS regulations; conduct FLSA reviews as needed; make recommendations for policy and process updates based on changes in the law
- Leverage expertise and significant best practice knowledge and lead compensation initiatives which involve analysis revision development or re-design of compensation programs
- Build and maintain an in-depth knowledge of the business by staying current on initiatives challenges and opportunities; develop an understanding of critical business performance drivers and their relevance to compensation programs
- Proactively analyze pay trends and metrics; present findings and make actionable recommendations in technologies processes and plan designs to HR leadership
- Creates base pay strategies policies and programs. Leads annual salary planning and maintenance of salary structures
- Operate as a trusted advisor to Executives Managers business leaders and HR Business Partners identifying and solving compensation issues and ensuring that programs meet the needs of the business and employees
- Operate as an innovative thought leader; contribute significantly to the overall growth and quality of the HR department
- Mentor coach and train other team members
Minimum Qualifications
- Advanced Excel Skills
- Bachelor's degree
- Experience as a Compensation Professional
- Completion of World at Work coursework
- Demonstrated ability to handle sensitive information with discretion and tact
- Excellent oral and written communications skills that demonstrate a professional demeanor and the ability to interact with executive presence
- Driven to learn and stay current professionally
- Demonstrated ability to work collaboratively with colleagues and clients as demonstrated by finding common ground in completing tasks and solving problems
- Exceptional project management skills
- Highly organized and experienced at successfully multi-tasking
- Exceptional ability to develop logical compelling PowerPoint presentations
- Execptional ability to focus on key issues research gather and integrate information from a variety of sources and develop sound recommendations
- Up to 5% travel time required
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