Compensation Analyst — Elevate Pay Strategy & Data

Vallen USA; Belmont (NC); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Medical, Dental, Vision Insurance

401(k) with company match

Paid Time Off 80–160 hours (vacation)

Job summary

Vallen USA seeks a Compensation Analyst to help develop, implement, and administer base pay, sales and other variable compensation programs. You will analyze job classifications, lead salary structures, and coordinate market surveys to ensure competitive pay and internal equity.

You will partner with HR and management to design competitive pay plans, run merit cycles, and prepare reports. Strong analytical skills and experience with MarketPay/Payscale and HRIS are highly valued.

Qualifications

• Foundational knowledge and demonstrated application of Compensation principles and processes including, but not limited to, job evaluations, market pricing and annual compensation planning is a requirement for this role.
• Preferred qualifications include a Bachelor’s degree in a related field (e.g., Human Resources, Business, Finance, etc.), CCP Certification (either attained or in progress) and at least 2 years of experience including:

Responsibilities

• Performs compensation, job and/or associate data analyzes and provides guidance to company management and/or HR Business Partners that is affordable, internally equitable, externally competitive, and in alignment with business objectives.
• Assists in the administration of annual merit and pay-for-performance programs; prepares and analyzes recommendations for merit matrices; drafts related communication materials.
• Assists in the administration of annual short-term incentive programs; analyzes current state and prepare recommendations for harmonization and standardization.
• Analyzes and ensures data integrity within benchmarking applications including MarketPay and ERI; leads automation and continuous process improvement for benchmarking activities within those applications.
• Leads participation in third-party compensation surveys.
• Analyzes internal and external compensation trends to ensure competitive pay practices.
• Prepares budget impact analysis, projections and recommendations for salary administration programs and assesses associate level impact.
• Maintains company job descriptions; provides coaching where needed in the development of job descriptions.
• Prepares recurring & ad hoc compensation reports & presentations.
• Analyzes current compensation programs & practices to ensure compliance with federal, state & local regulations.
• Participates in Benefits related activities and projects where additional resources may be required (i.e. Open Enrollment).
• Participates in and/or lead special projects as assigned.

Skills

Compensation principles

Market pricing

Data analysis

Attention to detail

Customer service

Education

Bachelor’s degree in HR/Business/Finance

CCP Certification (in progress/attained)

2+ years compensation experience

Tools

MarketPay

Payscale

HRIS systems

MS Excel

MS Word

MS PowerPoint

Co-Pilot

Job description

Vallen USA seeks a Compensation Analyst to help develop, implement, and administer base pay, sales and other variable compensation programs. You will analyze job classifications, lead salary structures, and coordinate market surveys to ensure competitive pay and internal equity.

You will partner with HR and management to design competitive pay plans, run merit cycles, and prepare reports. Strong analytical skills and experience with MarketPay/Payscale and HRIS are highly valued.