Compensation Analyst

The Compensation Analyst will play a critical role in managing and analyzing our compensation programs. This position involves conducting market research, analyzing internal equity, and providing data-driven recommendations to ensure that our compensation strategy aligns with our organizational goals and promotes employee satisfaction. Key Responsibilities:Market Analysis: Conduct comprehensive salary surveys and analyze compensation data to benchmark our pay structures against industry standards. Data Management: Maintain and update compensation data in HRIS, ensuring accuracy and compliance with internal policies and external regulations. Compensation Structures: Assist in developing, implementing, and evaluating compensation programs, including base pay, bonuses, and incentives. Internal Equity: Analyze job descriptions and employee data to ensure internal equity and competitiveness. Reporting: Generate and present detailed reports on compensation trends, findings, and recommendations to management and HR teams. Policy Development: Collaborate in the creation and updating of compensation policies and guidelines. Support: Provide guidance to HR partners and management on compensation-related inquiries and best practices. Compliance: Ensure compliance with federal, state, and local regulations regarding compensation practices. Qualifications:Bachelor's degree in Human Resources, Finance, Business Administration, or a related field. 2+ years of experience in compensation analysis or a related role. Strong analytical skills with proficiency in Excel and HRIS systems. Knowledge of compensation principles, practices, and relevant regulations. Excellent communication and presentation skills. Detail-oriented with the ability to manage multiple projects and deadlines. Preferred Qualifications:Certified Compensation Professional (CCP) or similar certification. Experience with compensation software and tools. Workday experience preferred. Familiarity with job evaluation methodologies.

Created: 2025-01-14