Compensation Analyst

GROB-WERKE GmbH & Co. KG; Bluffton (SC); On-site; Full time

Benefits offered by this job

Vacation

Medical insurance

Dental insurance

Vision insurance

401K with company match

Job summary

A leading manufacturing company is seeking a Compensation Analyst in Bluffton, South Carolina. This role involves designing and implementing compensation programs to ensure fair and competitive pay. The ideal candidate will have strong analytical skills and a Bachelor's degree in Human Resources or a related field. Responsibilities include benchmarking compensation, conducting market research, and working with HR and finance teams. The company offers a competitive wage and excellent benefits including medical, dental, and 401K with company match.

Qualifications

• Bachelor's degree in HR, Business Admin, Finance or related field.
• 2+ years of experience in compensation analysis preferred.
• Knowledge of compensation regulations is essential.

Responsibilities

• Maintain job descriptions for each position.
• Design and implement compensation plans.
• Benchmark jobs using market intelligence.
• Conduct competitiveness research and analysis.

Skills

Data analysis

Strong analytical skills

Excellent communication

Confidentiality

Proficiency in Microsoft Office Suite

Education

Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field

Minimum of 2 years prior experience in compensation analysis

Tools

SuccessFactors software

Microsoft Office Suite

Job description

The Compensation Analyst will be responsible for designing, implementing, and maintaining compensation programs to ensure fair and competitive pay structures within GROB. The ideal candidate will have a deep understanding of data analysis and compensation strategy and is knowledgeable about HR practices and laws affecting compensation.

Responsibilities

• Prepares and maintains job descriptions for each position in the organization and ensures the descriptions accurately reflect the work being performed by incumbents
• Design and implement compensation plans that align with company objectives for recruitment and retention
• Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position
• Conduct research and analysis on market competitiveness, pay equity, and compensation trends
• Ensure compliance with federal and state laws regarding compensation
• Prepare reports summarizing compensation data and analysis trends
• Work closely with HR and finance teams to create budgets for compensation programs and advise management on pay decisions
• Gather data from various sources related to employee benefits including health, dental, vision, life, and retirement programs and analyze the collected data to identify trends, patterns, and areas for improvement in employee benefit programs
• Performs other related duties as assigned.

Education & Experience Requirements

• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field
• Minimum of 2 years prior experience in compensation analysis preferred
• Knowledge of SuccessFactors software is a plus

General Requirements

• Strong analytical skills, proficiency in data analysis tools, and knowledge of compensation regulations are essential
• Excellent oral and written communication skills
• Ability to work with confidential and sensitive information in a discrete and professional manner
• Ability to effectively work with employees at all levels of the organization
• Proficient in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint)
• Willing to work overtime, if necessary
• This position requires work to be done in person and onsite

GROB offers a competitive wage as well as an excellent benefit package including vacation, medical, dental, vision, prescription drug, STD, Life insurance, and 401K with company match

Application Information

Applicants will receive consideration for employment without regard to race, color, age, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.