Compensation Analyst: Market Insights & Pay Programs

American Honda Motor Company, Inc.; Marysville (OH); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Competitive base salary

Paid overtime

401K plan with company match

Job summary

Honda is seeking a Compensation Analyst to provide ongoing support and guidance in administering our salary and pay programs. The role involves research, market studies, and analysis to help align compensation with our reward strategy.

You will support merit and bonus programs, participate in job evaluation, and prepare recommendations based on market trends. Travel to Honda sites may be required; strong Excel and HRIS proficiency are essential for success.

Qualifications

• Bachelor’s Degree in Human Resources, related field or equivalent experience.
• 0-4 years’ experience based on education.
• Ability to work independently and meet deadlines.
• Proficient in MS Office; advanced Excel skills are critical.
• Proficient in HR System software.
• Excellent written and verbal communication skills.
• Excellent time management and ability to manage multiple projects.

Responsibilities

• Consults and advises region and leaders regarding compensation policy interpretation, new hire offers, promotions, market analysis, job evaluation, and other compensation projects and initiatives.
• Administers, supports, and provides advice and analysis for annual Compensation processes, including merit, bonus, LSEP, and NE wage increases, as well as equity/market adjustments and promotions.
• Conducts job evaluation and assigns compensation grade per Honda’s job evaluation methodology.
• Gathers data from market-based compensation surveys and uses spreadsheets and data analysis techniques to assess results and market trends.
• Assists in the design, implementation, and administration of compensation programs and policies.

Skills

Analytical thinking

Advanced Excel

Data analysis

Communication

Time management

Project management

Education

Bachelor’s degree in HR or related

Tools

MS Office

HRIS systems

Job description

Honda is seeking a Compensation Analyst to provide ongoing support and guidance in administering our salary and pay programs. The role involves research, market studies, and analysis to help align compensation with our reward strategy.

You will support merit and bonus programs, participate in job evaluation, and prepare recommendations based on market trends. Travel to Honda sites may be required; strong Excel and HRIS proficiency are essential for success.