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NORTH TEXAS COMPENSATION ASSOCIATION

Senior Compensation Analyst

April 18, 2018 8:08 AM | Deleted user

The Senior Compensation Analyst is an individual contributor responsible for analyzing, administering, and assisting with the development of global compensation processes and programs including job evaluation, merit, market surveys and studies, and salary structure development and maintenance.

 

Principal Accountabilities

Utilizing broad knowledge of industry practices and principles, consult with and advise managers on developing and implementing effective compensation solutions

Conduct complex job evaluations, develop job documentation, assign positions to grades, and create job codes

Conduct market analyses and maintain market data library

Take the lead role in participating in and/or conducting salary surveys and additional benchmarking studies in order to analyze competitive positioning

Assist management with the preparation of job descriptions and review requests for new/revised classifications to determine appropriate salary grade assignment

Review and determine exemption status for positions in compliance with the Fair Labor Standards Act (FLSA)

Research and monitor trends and best practices and recommend new approaches and programs that are effective and also consistent with corporate objectives

Partner with Business Development during the bid and contract negotiation processes to provide guidance for calculating salaries and cost estimators for forward pricing rates; ensure compliance with various governmental regulations, such as the Service Contract Act (SCA), FLSA, and Sherman Antitrust Act

Serve as business partner and contact to HR team members, providing timely assistance with position and job code development

Assist with the development, implementation and administration of compensation policies and programs

Develop and distribute compensation reports

Assist in the annual merit and bonus programs

Review proposed salary adjustments for conformance to established guidelines, policies and practices

Ensure programs, practices and policies comply with applicable laws, regulations and DynCorp company policies

Performs other duties as assigned

Knowledge & Skills

Advanced analytical skills;  Ability to analyze information, use logic to combine pieces of information to form general rules or conclusions, identify the strengths and weaknesses of alternative solutions, and evaluate results to choose the best solution and solve problems

Excellent technical writing skills

Ability to multi-task and effectively balance multiple priorities

Ability to consult and influence management on the appropriate pay, bonus, and FLSA exempt/non-exempt status of positions

Advanced working knowledge of compensation laws concerning federal and state regulations

Proficient in Microsoft applications

Proven ability to manipulate and analyze moderately complex data in Microsoft Excel and Access

Knowledge of PeopleSoft HRMS modules preferred

Excellent written and verbal communications skills with an ability to communicate with a wide variety of levels and positions within the organization

Effective leadership and interpersonal skills with an ability to develop productive working relationships with others

Good organizational, attention to detail and problem-solving skills

Working knowledge of company’s policies and procedures preferred

Experience & Education

Bachelor’s degree, preferably in Business, Finance, Accounting, Human Resources, or an associated discipline

Two years of relevant work experience may substitute for one year of educational requirements

Four (4) years of relevant compensation work experience

Certified Compensation Professional (CCP) preferred

Physical Requirements/Working Environment

Normal office environment

Travel

May require minimal domestic travel at less than 5% of the time


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