Compensation Analyst

CompIntelligence, Inc.; Duluth (MN); On-site; USD 90,000 - 120,000; Full time

Job summary

CompIntelligence, Inc. is seeking a mid-senior HR compensation professional to administer compensation programs, ensure internal equity, and maintain compliance with state and federal regulations.

You will manage the full annual compensation planning and performance management processes and provide analytical support for offers, salary requests, and other projects. You will conduct salary surveys, perform market analysis, evaluate jobs, maintain job families, and support HR Business Partners and

Qualifications

• Bachelor’s degree in business, HR or related field.
• 3-5 years of HR experience with 2 years in Compensation.
• Advanced Excel skills.
• Experience with HRIS systems, Workday preferred.
• Excellent verbal and written communication and interpersonal skills.
• Detail oriented with strong organization and time management.

Responsibilities

• Administers compensation programs to ensure equity and compliance.
• Participates in salary surveys and market analysis; evaluates competitive position.
• Manages annual compensation planning and performance processes.
• Reviews salary adjustment requests for policy, budget and equity.
• Maintains data integrity in HRIS/Workday for positions and ranges.
• Completes ad hoc compensation projects and analyses.

Skills

Analytical skills

Communication

Time management

Multitasking

Discretion & integrity

Problem solving

Education

Bachelor’s degree in business, HR or related field

Tools

Workday

Excel

Word

PowerPoint

Job description

Administers compensation programs to ensure internal equity and external competitiveness. Monitors and maintains compliance with state and federal regulations as well as organizational policies and practices related to the compensation function. Manages the full annual compensation planning and performance management processes. Provides analytical support for offers, salary requests and other compensation projects.

Key Responsibilities

• Salary Surveys and Market Analysis - Participate in salary surveys, manage survey data, and evaluate competitive position by analyzing survey results compared to current pay.
• Job Evaluation - Conducts job evaluations to determine appropriate benchmarking and leveling for new and existing roles. Reviews and approves job descriptions for content and consistency. Determines FLSA classification. Maintains job families, titles and grades within HRIS. Updates and creates individual positions.
• Compensation Administration - Reviews salary adjustment requests for compliance with company policy, budget and equity. Provides guidance and consultation to HR Business Partners, Talent Acquisition and managers on compensation related matters to ensure consistent and equitable salary administration practices. Tracks and reconciles salary budget. Prepare statistics, create reports, identify trends and prepare summary of analysis to management.
• Manage the full annual compensation processes cycle, such as setting up process in Workday, consult with HRBP and Manager, creating & analyzing reports.
• Performance Management - Manages the performance management programs and processes. Maintains the performance review design, dashboards and processes in the HRIS. Prepares reports and analyses of results. Audits content for compliance with company policy.
• Ensure data accuracy and integrity within HRIS systems (e.g., Workday) for all employee positions, including creating and updating various compensation profiles, salary ranges, and program eligibility.
• Projects - Completes ad hoc projects, including researching and analyzing data, organizing the data into meaningful documentation and presentation material, drawing sound conclusions, and making appropriate recommendations.

Position Requirements

• Bachelor’s degree in business, Human Resources or related field
• 3-5 years’ experience in Human Resources with 2 years’ experience in Compensation
• Advanced Excel skill
• Proficiency in Word and PowerPoint
• Ability to define problems, collect and analyze data and draw valid conclusions, research alternatives, provide solutions and / or resolve issues in a timely manner.
• Strong analytical skills with the ability to effectively interpret data and create meaningful, understandable models, reports, and metrics.
• Detail-oriented with excellent organization and time management skills
• Excellent verbal, written communication and interpersonal skills
• Ability to multi-task and work independently in a fast-paced environment with shifting priorities and evolving business needs
• Self-motivated and able to work successfully with minimal supervision
• Demonstrated ability to manage sensitive and confidential matters and information with discretion and integrity
• Experience with HRIS systems, Workday experience preferred

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Human Resources