Log in

NORTH TEXAS COMPENSATION ASSOCIATION

Compensation Analyst

March 15, 2019 2:16 PM | Hannah Holland

Job Summary:

The Compensation Analyst works independently, with minimal guidance to provide Compensation consulting services to Corporate departments by providing analytical and administrative support for compensation policies and programs.

Job Duties:

  • Contributes to the administration of compensation programs by preparing survey submissions, maintaining data and tables, updating reports, analyzing data and creating salary structures.
  • Prepares compensation recommendations.
  • Audits job descriptions, evaluates positions and creates appropriate survey data matches.
  • Analyzes competitive pay posture and proposes solutions which support internal equity and external competitiveness.
  • Consults with HR Business Partners and business areas to lead analysis and evaluation of jobs in order to determine market value, salary range and FLSA classification.
  • Provides salary administration guidance and compensation policy guidance.
  • Collaborates with HR data analyst to conduct analysis as requested which includes compiling, analyzing and summarizing data to create reports and dashboards, and to inform consultative recommendations.
  • Manages the Merit and Bonus planning process.
  • Reviews and processes salary actions (merits, promotions, market adjustments, cash awards and incentives) and offers/requisitions.
  • Prepare and report on salary survey submissions.
  • Works collaboratively with multiple teams throughout the organization in supporting the mission and values of the organization.
  • Leads meetings as needed and will conduct training and presentations for small as well as large groups of leaders and/or associates.
  • Maintains market pricing tool which includes formatting/loading salary survey data, linking market data to jobs, and maintaining local system parameters (trend amount, data views);
  • Performs other duties as needed.

Requirements:

  • 3+ years of compensation experience in the following areas: job analysis, job evaluation, competitive assessment, structure development and compensation program administration.
  • Advanced spreadsheet and database skills using Microsoft Excel and Access, required.
  • Experience with Payfactors a plus.
  • Effective verbal and written communication skills; Effective time management skills.
  • Knowledge of federal, state and local regulations regarding compensation programs.
  • High School Diploma required, Bachelors degree preferred


© 2017 All rights reserved North Texas Compensation Association.

Powered by Wild Apricot Membership Software