Compensation Analyst

Formula.Monks; Bogotá; On-site; COP 203,351,228 - 366,032,210; Full time

Job summary

Join a forward-thinking global consulting firm as a Compensation Analyst, where you'll shape competitive compensation strategies across 40 countries. In this dynamic role, you'll partner with HR and managers to ensure the organization remains competitive in rewards and incentives. Your expertise will drive the analysis of compensation packages, market trends, and cultural nuances. This innovative company values diversity and is committed to fostering an inclusive environment, making it an exciting place to contribute your skills and grow professionally.

Qualifications

• 5+ years of experience in compensation analysis, ideally in international markets.
• Proficient in advanced Excel and HRIS platforms.

Responsibilities

• Partner with managers to define job responsibilities and maintain job descriptions.
• Analyze and evaluate compensation packages for competitiveness.

Skills

Compensation Analysis

Advanced Excel

HRIS Platforms

Analytical Skills

Communication Skills

Education

Bachelor's Degree in Human Resources or related field

SHRM or professional HR certification

Job description

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Formula.Monks, part of Media.Monks and S4 Capital, is a global consulting firm mastering AI-powered transformations for the Fortune 100. We combine long-term strategic thinking, deep enterprise experience, and a human-centered approach to help clients transform business processes and dominate their industries.

About the Role

As a Compensation Analyst, you’ll play a pivotal role in shaping Formula.Monks’ global compensation strategies. You will be responsible for analyzing, mapping, and creating competitive compensation packages that span approximately 40 countries. From staying current on trends in rewards and incentives to navigating multicultural environments and currencies, you’ll ensure Formula.Monks remains competitive across the rewards spectrum, including merit, bonus, equity, and promotions.

Responsibilities

• Partner with managers and HR to review and establish clear job responsibilities across different levels of the organization.
• Write and maintain comprehensive job descriptions.
• Continuously analyze and evaluate compensation packages to stay competitive across all markets.
• Monitor market trends and currency variations to ensure accurate benchmarking of pay structures.
• Efficiently manage daily tasks such as reviewing emails and addressing feedback, maintaining organization and productivity.
• Other duties as assigned.

Qualifications & Skills

• Over 5 years of experience in the compensation field, with exposure to international markets (LatAm and US jurisdictions preferred).
• Advanced Excel proficiency and proven experience with HRIS platforms.
• Skilled in navigating compensation strategy for Fortune 1000 companies.
• Strong analytical mindset and excellent communication skills.

Nice to Have

• SHRM or professional HR certification.

At Formula.Monks, we believe in fostering an environment where diversity of perspectives can thrive. We proactively work to design hiring processes that promote equity and inclusion while mitigating bias. We celebrate diversity and are committed to building a team that reflects the communities we serve. We welcome and encourage qualified applicants, from all backgrounds, who are excited to contribute to our mission.

Unsure if your skills meet all of our requirements?

Apply anyway! We would love to learn more about you and find out about how your skills could add value. At Formula.Monks, we value open communication and feedback. We believe that diversity of identity, perspective, and experience makes us stronger; we would love to hear your perspective too!

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Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Human Resources

Industries

IT Services and IT Consulting