About the job Compensation Analyst
EXECUTIVE HUMAN RESOURCE SERVICE
Human Resources Consultants
POSITION:
Compensation Analyst - HR#410
JOB CATEGORY:
HR Management - Benefits / Compensation Planning
INDUSTRY:
Renewables, Energy & Environment
LOCATION:
New Jersey
No Relocation Expense Provided
SALARY: $ $55K to $60K - Based on Experience
BENEFITS:
Comprehensive healthcare benefits which include:
- Medical, Dental and Vision
- Life insurance
- Employee assistance program
- Paid Training
- PTO Program
- 401k Plan supported by a company match
- Work-life balance
QUALIFICATIONS:
Although, Individual are encouraged to apply, the Ideal candidate with the following experience will only be considered.
Requirements for Compensation Analyst:
- 2-5 years of experience in a related field, such as HR, compensation analysis, financial analysis, or business operations.
- Bachelors Degree: Typically, in Human Resources, Business Administration, Finance, Economics, or a related field.
- Advanced Degrees/Certifications: Compensation Professional (CCP) or SHRM Certified Professional (SHRM-CP) or Senior Certified Professional (SHRM-SCP), Preferred but not required.
- Must be US Citizen or Authorized to Work in the United States
SKILLS:
Skills and Abilities Required for Compensation Analyst
- Analytical Skills: Ability to analyze large sets of data to identify trends, discrepancies, and actionable insights. Proficiency in working with complex datasets to evaluate pay structures and ensure competitiveness. Experience in interpreting salary surveys, compensation models, and market data.
- Data Management, Technical Skills & Statistical and Mathematical Skills: Ability to perform statistical analyses to assess pay equity and compensation trends. Understanding of key compensation metrics (e.g., percentile ranking, weighted averages, salary ranges). Application of basic statistics for decision-making in compensation design
- Excel Proficiency: Expertise in functions like pivot tables, VLOOKUP, macros, and advanced formulas to manipulate data.
- HRIS Systems: Knowledge of HRIS Systems, including running queries and accessing and manipulating data. Familiarity with (e.g., Workday, SAP, Oracle) for compensation data management.
- Knowledge of Compensation Practices: Deep understanding of various compensation structures: salary, bonuses, equity, incentives, and benefits. Familiarity with job evaluation methods (e.g., Hay Method, Mercer, Towers Watson). Knowledge of compensation benchmarking tools like PayScale, Mercer, Salary.com.
- Compliance, Legal and Regulatory Knowledge: Knowledge of pay equity regulations, such as the Fair Labor Standards Act (FLSA) and Equal Pay Act. Familiarity with employment laws and regulations related to compensation, such as FLSA, EEO, wage and hour laws, and pay transparency laws.
CAREER OPPORTUNITY:
Executive Human Resource Service is a leading HR consulting firm that specialize in providing comprehensive HR solutions to businesses of all sizes and industries.
Executive Human Resource Service, a Certified Women Minority Owned Business Enterprise is privileged to present an exciting opportunity and is currently seeking a highly motivated and experienced Compensation Analyst.
Career Opportunity For Compensation Analyst
As the Compensation Analyst you will be responsible for researching, in-depth analysis of compensation and benefits programs, and developing compensation structures and strategies for the organizations to ensure fair, competitive, and equitable pay practices, and are aligned with industry standards and company goals.
You will work closely with HR Management and develop and implement competitive and fair compensation structures, as well as provide recommendations for salary increases and bonuses.
The HR Compensation Analyst will assist in the administration of the compensation program which includes:
- Responsible for intake of compensation/classification forms
- Classifying non-exempt and exempt positions
- Conducting salary surveys
- Assists with market matching for job classifications using a variety of tools and software.
- Maintains compensation database, job code tables, and reviews and troubleshoots hiring forms and systems compensation standards
- Overseeing annual merit pay increases
- Collecting and analyzing data on wages and salaries and evaluating job positions to determine classification and salary.
- Assist in the design and administration of compensation programs and may help in preparing compensation reports
- Time and attendance processing/auditing
- Works as part of a team to approve job actions and applies proper coding to ensure correct actions are processed for both internal and external reporting
- Performs other duties as assigned
Thank you for taking the time to share this information with your business colleagues. Any inquiries will be held in the strictest confidence. I look forward to hearing from you soon.
Please send resumes in Word Document Format or Email a Word Attachment Only. No PDF Files Please
Send resumes email to:
Executive Human Resource Service
Website: www.ExecutiveHRService.com
Phone: 510-830-9721
Note: Please Reference - Job Title and Job Number
CHECK OUT OTHER CAREERS OPPORTUNITIES AT
EXECUTIVE HUMAN RESOURCE SERVICE
www.ExecutiveHRService.com
WE ARE LOOKING FOR EXECUTIVE PROFESSIONALS!
Executive Human Resource Services is an Executive Recruiting Consultant Enterprise dedicated to helping professionals in furthering their career goals. Success is attributed to personalized service, with the goal of bringing together qualified business professional with quality companies.
Please check the website frequently for update careers opportunities. We have a variety of opportunities available.
Executive Human Resource Service
Phone: 510-830-9721
Also please feel free to pass this information along to your network of business colleagues, and if you are looking or know of business professional within your network that is looking for an Executive Human Resources Consultant
Please feel free to send your resume.
Executive Human Resource Service
Phone: 510-830-9721
Package Details
BENEFITS:
- Comprehensive healthcare benefits which include:
- Medical, Dental and Vision
- Life insurance
- Employee assistance program
- Paid Training
- PTO Program
- 401k Plan supported by a company match
- Work-life balance