Compensation Analyst - Internet/Online

Purpose of Job:

The Compensation Analyst will research job requirements and evaluate job positions to ensure the company is competitive in the areas of salaries and employee benefits.

Primary Roles & Responsibilities:

- Execute Company standards, processes, and methodologies in a consistent manner for project planning and Prepares and maintains job descriptions for each position in the organization; ensures descriptions accurately reflect the work being performed by incumbents.

- Interviews and surveys employees and managers to gather and document job, organizational, and occupational information including duties, responsibilities, and skills required by each job.

- Assesses jobs and their respective duties to determine classification as exempt or nonexempt and appropriate salary range.

- Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.

- Prepares and maintains job classifications and salary scales.

- Prepares and presents summary reports of job analysis and compensation analysis information.

- Gathers data from market-based compensation surveys; uses spreadsheet and data analysis techniques to assess results and market trends.

- Evaluates and implements job analysis instruments and materials.

- Conducts data and cost analyses to be used in employee negotiations and collective bargaining agreements.

- Researches employee benefits in similar industries; based on findings, recommends changes or updates to the company's existing benefits or policies.

- Conducts focus groups to collect employee feedback on specific issues or topics related to compensation.

- Plans and communicates preferred methods and best practices for hiring, training, compensating, and evaluating employees.

- Advises management on applicable state and federal employment regulations, benefits and compensation policies, human resource procedures, and collective agreements.

- Performs other related duties as assigned.

Knowledge, Skills, Abilities :

Accountability - Demonstrates an understanding of the link between one's own job responsibilities and overall organizational goals and needs, and performs one's job with the broader goals in mind. Looks beyond the requirements of one's own job to offer suggestions for improvements of overall organization operations. Takes personal ownership in organization's success.

Customer Focus - Demonstrates concern for meeting internal and external customers- needs in a manner that provides satisfaction for the customer. Considers the impact on the external customer when taking action, setting policies or carrying out one's own job tasks. Looks for external trends that are likely to shape the wants and needs of customers in the near future. Looks for creative approaches to providing or improving services that may increase efficiency and decrease cost.

Decision Making - Makes good decisions using a combination of analysis, knowledge, experience, and judgment. Analyzes and distinguishes core problems by looking at the symptoms. Resolves key issues behind major problems in the short term while developing and executing long term solutions.

Manages Organizational Change - Facilitates change in the workplace and understands how change affects employees. Effectively manages change within the organization. Facilitates improved communication across the organization.

Results Focused - Demonstrates concern for achieving or surpassing results against an internal or external standard of excellence, shows a passion for improving the delivery of services with a commitment to continuous improvement. Sets and maintains high performance standards for self and others that support organization's strategic plan.

Education/Experience Requirements :

- Bachelor's degree in HR required, MBA preferred.

- 8-12 yrs of exp; One to three years of experience as a compensation analyst required.

- Excellent English communication and presentation skills required.

- Multilingual and multicultural skillsets preferred.

Competencies :

- To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Writing and Analytical Skills:

- Analytical ability to write executive summaries, as well as culturally sensitive email communication. Ability to analyze spreadsheets and financial documents.

- Extensive knowledge of quantitative and qualitative research methods.