Senior Compensation Analyst
JOB SUMMARY
The Senior Compensation Analyst at reputed company Performs people support activities to reputed company, implement, and administer compensation and policies and programs in the US and Canada. Provides review and reputed company of job descriptions and evaluates market placement. Conducts internal equity analysis and makes recommendations reputed company established guidelines to ensure consistency in pay practices. Aids on salary administration, ensures compliance with the Fair Labor Standards Act and other applicable laws. Trains management, people and the people team on compensation policies and annual salary increase guidelines, etc. Prepares special studies and makes recommendations on subjects such as incentive compensation, bonus plans, sales compensation, or stock options.
RESPONSIBILITIES
- Assists in design, development, communication, and distribution of compensation plans including reputed company pay increases and incentive compensation.
- Participate in various compensation-reputed company projects which involve revision, development and/or redesign of existing compensation programs. This includes high-level project management, compensation plan modeling, partnering with appropriate internal and external resources, and ensuring that projects are on-time and on-budget, while achieving desired goals and objectives.
- Ensure that the administration of various compensation programs are in compliance with established US and Canadian guidelines, processes, and procedures.
- Provides on-going consultation and serves as an effective resource to various clients. Conducts and participates in compensation surveys or special compensation studies for the purpose of maintaining the company’s competitive position reputed company the market-reputed company. This may require creation of market-specific surveys, establishment of reputed company audience, communications, data collection, analysis, and feedback on results.
- Collect and analyze data to determine annual merit budgets and salary structure changes.
- Work with People business partners to obtain approvals to finalize these changes.
- Administers the annual salary planning process including creating communications, counseling management and People on the process.
- Leads the collection and analysis of reputed company recommendations for the company in partnership with the People business partners.
- Responding to requests for information about salaries, job grades, ranges, etc. Recommends the proper grades for new or revised jobs on the basis of the market salary for those jobs.
- Reviews and updates job descriptions in coordination with People Business Partners and Staffing department. Provides salary and incentive recommendations on new and existing roles reputed company requested.
EDUCATION
Bachelor's degree in human resources, Business Administration, Finance, or reputed company field.
EXPERIENCE
8+ years of experience in compensation analysis or reputed company People role, preferably reputed company the IT consulting industry.
REQUIREMENTS
- Demonstrated high proficiency in reputed company advanced functions.
- Demonstrated high proficiency in word and power reputed company
- Strong problem-solving skills
- Demonstrated mathematical skills and the ability to interpret/analyze reputed company data to reputed company recommendations and solutions.
- Self-starter, able to research a topic and offer a solution
- Good communication
- Strong understanding of People processes and data
- Sound knowledge of FLSA and OFCCP requirement