Compensation Analyst

Job description:
 

We are looking for a Compensation Analyst to join forces with HR and develop compensation and benefits plans for our employees. Compensation Consultant responsibilities include setting salaries and pay grades for new positions within the company, gathering benchmarking data on wages, and recommending bonus programs based on job analyses. To be successful in this role, you should have a good knowledge of payroll procedures and labor legislation. Ultimately, you will ensure we offer competitive and fair compensation plans to all of our employees.
 

Responsibilities:

• Work closely with HR to plan and implement compensation packages
• Ensure compensation practices are in line with labor legislation
• Create fair salary and bonus plans using job evaluations
• Review and assess pay scales, base pay, and incentives
• Set wages for new positions within the organization
• Analyze compensation data to identify potential issues (like pay gender gaps) to ensure equitability at all levels
• Conduct compensation surveys and analyze findings to add value to the company’s strategic plan
• Ensure compensation plans align with the company’s profitability goals
• Gather benchmarking data and restructure compensation to make sure we remain competitive in terms of salaries and benefits

Skills

• Proven experience as a Compensation Specialist or in a relevant role
• Strong knowledge of HR practices and labor legislation
• Familiarity with payroll software
• Excellent analytical and qualitative skills
• Good communication skills
• BS degree in Human Resources Management, Finance or relevant background

A global information consulting management firm providing Professional Staffing Services and Project-Based Solutions for organizations in a broad range of industries.

• Corporate Headquarters in Troy, Michigan; 12+ locations worldwide.
• Certified Woman-Owned Business Enterprise (WBE); certified by Women’s Business Enterprise National Council, National Women Business Owners Corporation (NWBOC); and California Public Utilities Commission (CPUC).
• Founded in 2000

The company was founded on the principle that success is derived from delivering high quality service and resources in the most responsive, flexible, and innovative way.