Compensation Analyst - Hybrid & Market Insights

Lee Hecht Harrison Nederland B.V.

Newark (NJ)

On-site

USD 48,000 - 55,000

Full time

5 days ago

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Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

Short-term Disability

401K Plan

Commuter Benefits

Paid Leave

Job summary

Lee Hecht Harrison Nederland B.V. in Newark, NJ is seeking a Compensation Specialist to join our HR team in a hybrid role. You will analyze market data, support compensation programs, and partner with HR and business leaders to ensure competitive and equitable pay practices.

The position requires a Bachelor's degree and 2-4 years of compensation or related HR experience, with strong Excel skills and familiarity with HRIS systems. A collaborative, detail-oriented mindset is essential.

Qualifications

Bachelor's degree required.
2-4 years of compensation or related HR experience.
Strong knowledge of compensation principles, market analysis, salary surveys, and job evaluation methodologies.
Experience making compensation recommendations for new hires, promotions, and salary adjustments.
Advanced Microsoft Excel skills and strong overall proficiency in Microsoft Office.
Experience with HRIS systems preferred.
Banner and ServiceNow experience are a plus.
Excellent analytical, organizational, and problem-solving skills.
Strong verbal and written communication skills with a customer-focused approach.
Ability to manage multiple priorities and work effectively in a collaborative team environment.

Responsibilities

Conduct market pricing and compensation analyses for new and existing positions.
Review and evaluate salary recommendations for new hires, promotions, transfers, and other compensation adjustments.
Create, update, and maintain job descriptions and job classifications within the organization's job framework.
Research salary surveys, labor market trends, and compensation data to provide actionable insights and recommendations.
Support HR Business Partners and Talent Acquisition with compensation guidance and market intelligence.
Respond to compensation-related inquiries and document requests and outcomes within service mgmt systems.
Utilize knowledge base resources to provide accurate and timely responses to internal stakeholders.
Assist in the administration of compensation programs and ensure compliance with applicable laws, regulations, and organizational policies.
Partner collaboratively with HR colleagues and stakeholders across the organization.
Escalate complex compensation issues to senior team members when appropriate.