Overview:

The Compensation Analyst assesses an organization's pay structure for employees. They research compensation trends and job requirements, evaluate and review surveys to determine how their organization's pay compares, in the areas of salaries, incentives, and employee benefits, with that of other organizations in a particular industry and region.

• Prepares and maintains job descriptions for each position in the organization; ensures descriptions accurately reflect the work being performed by incumbents.
• Interviews and surveys employees and managers to gather and document job, organizational, and occupational information including duties, responsibilities, and skills required by each job.
• Assesses jobs and their respective duties to determine classification as exempt or nonexempt and appropriate salary range.
• Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.
• Prepares and maintains job classifications and salary scales.
• Prepares and presents summary reports of job analysis and compensation analysis information.
• Gathers data from market-based compensation surveys; uses spreadsheet and data analysis techniques to assess results and market trends.
• Evaluates and implements job analysis instruments and materials.
• Conducts data and cost analyses to be used in employee negotiations and collective bargaining agreements.
• Researches employee benefits in similar industries; based on findings, recommends changes or updates to the company’s existing benefits or policies.
• Works with insurance brokers and investment planners to create competitive, cost-effective benefits packages for the organization; facilitates implementation and enrollment for insurance and retirement plans.
• Conducts focus groups to collect employee feedback on specific issues or topics related to benefits and compensation.
• Plans and communicates preferred methods and best practices for hiring, training, compensating, and evaluating employees.
• Advises management on applicable state and federal employment regulations, benefits and compensation policies, human resource procedures, and collective agreements.
• Performs other related duties as assigned.

• Bilingual English/Spanish
• Bachelor’s degree in Human Resources, Business Administration  or related field required.
  
• At least three years of experience working in compensation analysis.
• Experience working with US & LATAM in compensation is required
• Extensive knowledge of quantitative and qualitative research methods.
• Extensive knowledge of human resource laws, regulations and best practices.
• Excellent written and verbal communication skills.
• Excellent organizational and time management skills.
• Proficient with Microsoft Office Suite or similar software.

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