Compensation Analyst

1199SEIU Benefit and Pension Funds; New York (NY); Hybrid; USD 85,000 - 115,000; Full time

Benefits offered by this job

Hybrid work arrangement

Office in Midtown Manhattan

Job summary

1199SEIU National Benefit Fund is seeking a Compensation Analyst to support base pay administration, market pricing, and salary reviews within a hybrid work setting in New York. You will align compensation practices with CBAs and fund policies while collaborating with HRIS and HR teams.

The role requires at least two years of compensation experience, strong data analysis, and Excel proficiency to prepare reports, forecasts, and budgeting analyses. This position reports to the HR department.

Qualifications

• Bachelor’s degree or equivalent combination of education and related experience.
• Minimum two (2) years of compensation experience supporting the day-to-day compensation needs of a medium-sized organization.
• Demonstrated experience developing and implementing compensation infrastructure, including job evaluation, market pricing, salary structures, and benchmarking.
• High proficiency in data management and analysis; intermediate skill in Microsoft Excel.
• Knowledge of HRIS or similar applications.
• Excellent analytical, quantitative, organizational, problem-solving, and customer service skills.

Responsibilities

• Support the administration of the Funds’ compensation programs, including base pay administration, market pricing, salary reviews, salary grades and ranges, salary adjustments, position reclassifications, and related compensation activities in alignment with established policies and procedures.
• Conduct research and analysis to ensure compensation programs and practices remain effective and compliant with organizational standards.
• Assist in reviewing and making recommendations regarding base compensation for new hires, promotions, transfers, salary adjustments, and other compensation actions, using established compensation guidelines, market data, and methodology.
• Perform timely and accurate salary reviews, analyzing outcomes to ensure internal equity and adherence to established compensation practices.
• Track, calculate, and process scheduled salary actions such as probationary, step, and longevity increases, in accordance with applicable CBAs, Fund policies, and procedures.
• Assist with job analysis, job evaluation, and market pricing of positions using internal compensation data and external market resources as appropriate.
• Prepare and maintain compensation reports, metrics, and analytical tools to support compensation analysis, reporting, forecasting, and budgeting in accordance with organizational requirements.
• Collaborate with HRIS and Human Resources (HR) staff to review and maintain accurate compensation-related data in HR systems, including salary information, job titles, levels, grades, and salary ranges.
• Draft, update, and maintain job descriptions and Position Description Questionnaires (PDQs) to ensure position information is accurate.
• Assist with compensation-related projects and organizational initiatives, including reorganizations, across-the-board salary increases, incentive programs, salary studies, and other assignments as directed.
• Maintain accurate compensation records and documentation to support compliance with established compensation policies, procedures, and applicable CBAs.
• Respond to routine compensation-related inquiries from HR staff and managers and provide information and guidance based on established policies, procedures, and compensation practices.

Skills

Data analysis

Excel

HRIS knowledge

Analytical thinking

Customer service

Problem solving

Education

Bachelor’s degree

Tools

HRIS

Job description

Requisition #:

14003

# of openings:

1

Employment Type

Full time

Position Status

Permanent

Category

Non-Bargaining

Workplace Arrangement

Hybrid

Fund

1199SEIU National Benefit Fund

Job Classification

Exempt

Responsibilities

• Support the administration of the Funds’ compensation programs, including base pay administration, market pricing, salary reviews, salary grades and ranges, salary adjustments, position reclassifications, and related compensation activities in alignment with established policies and procedures.
• Conduct research and analysis to ensure compensation programs and practices remain effective and compliant with organizational standards.
• Assist in reviewing and making recommendations regarding base compensation for new hires, promotions, transfers, salary adjustments, and other compensation actions, using established compensation guidelines, market data, and methodology.
• Perform timely and accurate salary reviews, analyzing outcomes to ensure internal equity and adherence to established compensation practices.
• Track, calculate, and process scheduled salary actions such as probationary, step, and longevity increases, in accordance with applicable Collective Bargaining Agreements (CBAs), Fund policies, and procedures.
• Assist with job analysis, job evaluation, and market pricing of positions using internal compensation data and external market resources as appropriate.
• Prepare and maintain compensation reports, metrics, and analytical tools to support compensation analysis, reporting, forecasting, and budgeting in accordance with organizational requirements.
• Collaborate with HRIS and Human Resources (HR) staff to review and maintain accurate compensation-related data in HR systems, including salary information, job titles, levels, grades, and salary ranges.
• Draft, update, and maintain job descriptions and Position Description Questionnaires (PDQs) to ensure position information is accurate.
• Assist with compensation-related projects and organizational initiatives, including reorganizations, across-the-board salary increases, incentive programs, salary studies, and other assignments as directed.
• Maintain accurate compensation records and documentation to support compliance with established compensation policies, procedures, and applicable CBAs.
• Respond to routine compensation-related inquiries from HR staff and managers and provide information and guidance based on established policies, procedures, and compensation practices.

Qualifications

• Bachelor’s Degree or equivalent combination of education and related experience required.
• Minimum two (2) years of compensation experience supporting the day-to-day compensation needs of a medium-sized organization required.
• Demonstrated experience developing and implementing compensation infrastructure, including job evaluation, market pricing, salary structures, and benchmarking.
• High proficiency in data management and analysis; intermediate skill in Microsoft Excel required.
• Knowledge of Human Resource Information Systems (HRIS) or similar applications.
• Excellent analytical, quantitative, organizational, problem-solving, and customer service skills required. Ability to analyze complex data and produce concise, user-friendly analysis.

Strong attention to detail required, with the ability to multitask and meet strict deadlines

Please note that this is a hybrid position that requires you to report to our offices in Midtwon Manhattan