Compensation Analyst

Mirafra Technologies; San Diego (CA); On-site; USD 65,000 - 95,000; Full time

Job summary

Mirafra Technologies is seeking a Compensation Analyst to support compensation programs, conduct benchmarking, and analyze data to guide pay decisions. You will work with HR Partners and Talent Acquisition to shape competitive packages for candidates and employees.

The role involves preparing guidelines, testing programs, and ensuring pay recommendations align with budgets and policies. Experience with market data vendors is a plus.

Qualifications

• Bachelor's degree and 2+ years of compensation, HR, finance, or related work experience.
• Associate's degree and 4+ years of compensation, HR, finance, or related work experience.
• High School Diploma or equivalent and 6+ years of compensation, HR, finance, or related work experience.

Responsibilities

• Applies knowledge of compensation principles, processes, and best practices to support compensation programs (e.g., base pay, annual incentive plans).
• Collaborates with Compensation team members and HR Partners to complete work.
• Provides support during the annual review process by assisting with guidelines, budgets, and pay recommendations.
• Gathers and analyzes internal and external compensation data to make data-based decisions.
• Keeps updated on evolving pay equity and regulatory environments related to compensation.
• Writes and organizes documentation for compensation-related decisions and projects.
• Supports compensation proposals, including title and salary adjustments per policies.
• Collaborates with Talent Acquisition to develop competitive compensation packages.

Skills

Excel proficiency

Analytical skills

Communication

Education

Bachelor's degree

Associate's degree

High School Diploma

Tools

Workday

ServiceNow

Job description

• Intermediate to Advanced Microsoft excel/analytical
• Experience participating in compensation benchmarking, compensation survey and result analysis. (Mercer, Radford, Aon-Hewitt etc survey vendors)
• 2-3 yrs experience customer/employee inquiry management.
• Advanced communication skills- be comfortable communicate complex compensation program/policy elements.

Technologies:

Experience working in Workday and servicenow.

Required Education and Years of Experience:

Bachelor's degree and 2+ years of Compensation, Human Resources, Finance, or related work experience. OR

Associate's degree and 4+ years of Compensation, Human Resources, Finance, or related work experience. OR High School Diploma or equivalent and 6+ years of Compensation, Human Resources, Finance, or related work experience.

Job Description:

• Applies knowledge of compensation principles, processes, and best practices to support compensation programs (e.g., base pay, annual incentive plans, etc.) that aid in talent attraction and retention.
• Collaborates with Compensation team members and HR Partners to complete work.
• Provides support during the company’s annual review process by assisting with a variety of activities (e.g., developing and testing program guidelines; reviewing proposed recommendations to guidelines, budgets, and internal consistencies; analyzing and developing pay recommendations for a workforce, etc.).
• Gathers and analyses internal and external compensation data to make data-based decisions and recommendations regarding compensation-related topics, projects, including the annual market benchmarking process.
• Seeks knowledge on the evolving regulatory environment, pay equity, and other areas related to compensation.
• Writes and organizes documentation for compensation-related decisions and/or projects.
• Supports compensation proposals, including title and/or salary adjustments in conformance with established policies and procedures.
• Collaborates with Talent Acquisition in developing competitive compensation packages for prospective candidates.

Level of Responsibility:

• Decision-making may affect work beyond immediate work group.
• Requires verbal and written communication skills to convey basic, routine factual information.
• Works within the prescribed budgetary objectives of the department.
• Tasks require multiple steps which can be performed in various orders; some planning, problem-solving, and prioritization must occur to complete the tasks effectively.