Compensation Analyst - Highland Hts.

Park Place Technologies; Akron (OH); On-site; USD 60,000 - 100,000; Full time

Benefits offered by this job

100% Healthcare Coverage

Flexible Vacation

12 Weeks Paid Maternity Leave

Annual Profit Sharing

401K Matching Contributions

Job summary

An established industry player is seeking a Compensation Analyst II to ensure alignment between compensation programs and business strategy. This pivotal role involves conducting comprehensive analyses, developing compensation structures, and providing data-driven insights to enhance compensation effectiveness. With a commitment to employee well-being, the company offers 100% healthcare coverage, flexible vacation, and a collaborative work environment. If you thrive in a dynamic setting and are passionate about compensation strategies, this is an exciting opportunity to make a significant impact.

Qualifications

• 3+ years of experience as a Compensation Analyst, with financial analysis exposure.
• Proficiency in data analysis tools to manipulate large datasets.

Responsibilities

• Conduct analysis of compensation programs and benchmark against industry standards.
• Provide data-driven recommendations to enhance compensation effectiveness.

Skills

Data Analysis

Financial Analysis

Analytical Skills

Communication Skills

Problem-Solving

Project Management

Education

Bachelor's degree in Finance

Bachelor's degree in Business

Bachelor's degree in Economics

Bachelor's degree in Human Resources

Tools

Excel

SQL

Tableau

Job description

This role will be 4 days in-office at our beautiful Highland Hts., OH Headquarters.

Who We Are:

As the global leader in third party maintenance, our 2500 Park Place Associates provide support to 21,000+ customers in more than 154+ countries. We are proud to service 90% of Fortune 500 companies and 40% of Forbes 100 clients.

Our company’s strength and success are a credit to our Associates, and Park Place Life is how we communicate and deliver our culture internally. We have been awarded as a NorthCoast 99 “Best Workplace” winner for 10 consecutive years in recognition of our employee commitment. Park Place Life is about collaboration, responsiveness, diversity, and integrity, and represents everything that makes our company great and our culture unique.

Top Rated Benefits We Offer:

• We cover 100% of your Healthcare benefits!
• Flexible Vacation to promote work-life balance.
• 12 weeks of Paid Maternity Leave
• Annual Profit Sharing
• 401K matching contributions and earnings are always 100% vested.
• Plus, much more!!!

Position Summary:

The Compensation Analyst II at Park Place Technologies will play a crucial role in ensuring alignment between compensation programs, compensation philosophy, and business strategy. You will participate in the design, evaluation, implementation, and management of base pay and incentive compensation programs. Leveraging your financial analysis background, you will provide data-driven insights to make informed decisions about compensation strategies.

What you’ll be doing:

• Conduct comprehensive analysis of compensation programs and benchmark against industry standards and market trends
• Gather, maintain, and analyze compensation-related data and prepare survey submissions, ensuring accuracy, confidentiality, and competitiveness
• Stay updated on compensation trends, economic conditions, and labor market developments to make informed recommendations and determine best practices
• Assist in the development of compensation structures, incentive plans, and bonus programs that align with organizational goals
• Support the budgeting process by providing financial analysis related to compensation expenses and forecasting
• Ensure compliance with all applicable laws and regulations related to compensation, including FLSA and pay equity legislation
• Provide data-driven recommendations to enhance the effectiveness and competitiveness of compensation programs
• Perform ad hoc compensation analyses in accordance with the Compensation Administration Policy
• Evaluate job descriptions, maintaining update and accurate responsibilities and requirements
• Enhance and maintain compensation tools to optimize employee experience
• Build relationships with key stakeholders by understanding current business needs
• Provide recommendations on program enhancements and cost efficiency
• Assist with the annual merit and profit-sharing bonus programs
• Research and resolve complex matters related to compensation
• Lead complex ad hoc projects as requested
• Conducts market analysis of jobs to determine competitive positioning of roles
• Other tasks and duties as assigned

What we are looking for:

• Minimum of 3 years of experience as a Compensation Analyst, preferably with additional exposure to financial analysis
• International experience is a definite plus.
• Proficiency in data analysis tools and software (e.g., Excel, SQL, Tableau) to manipulate and analyze large datasets
• Strong understanding of compensation principles, market trends, and regulatory requirements
• Excellent analytical and problem-solving skills, with the ability to draw meaningful insights from complex data
• Strong communication and presentation skills, with the ability to convey technical information to non-technical stakeholders
• Detail-oriented and highly organized with the ability to manage multiple projects simultaneously
• Team player with the ability to collaborate effectively with cross-functional teams

Education:

• Bachelor's degree in finance, Business, Economics, Human Resources, or a related field is required.

Bonus Points:

• Master's degree or relevant certification (e.g., CCP, CFA) is advantageous but not essential

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by calling 1-877-778-8707.

Park Place Technologies is an Equal Opportunity Employer M/F/D/V.

Park Place Technologies has an in-house recruiting team that focuses exclusively on the hiring needs of our company. We are not currently accepting additional third-party agreements or unsolicited resumes. If you would like to be considered as a preferred partner with Park Place Technologies, please submit your detailed information to [e-mail].

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Analyst and Finance

Industries

IT System Data Services