Businessolver
CompensationAnalyst
“Compensation Analyst at Businessolver. Skills: researching, analyzing, administering compensation programs, evaluating job positions, participating in salary surveys, providing data-driven recommendations on pay structures and various incentives, market reviews, pay equity analyses, external benchmarking. researching, analyzing, and administering compensation programs. evaluating job positions”
Industry & Context.
analytical skills; data analysis tools
What They're Looking For.
Must Have
0-3+ years of experience in compensation analysis required, analytical skills with proficiency in data analysis tools such as Excel, HRIS systems, and compensation software, Knowledge of compensation principles, market pricing, and job evaluation methodologies, Excellent communication and interpersonal skills for conducting interviews and presenting findings to stakeholders, Ability to handle sensitive information with discretion and maintain confidentiality, Detail-oriented with a focus on accuracy in reporting and compliance, Ability to multi-task and work independently in a fast-paced environment
Nice to Have
Bachelor’s degree in Business, Accounting, Finance preferred
What You'll Do.
and administering compensation programs
evaluating job positions
participating in salary surveys
providing data-driven recommendations on pay structures
and various incentives
work closely with Engagement Business Partners and business leaders to align compensation objectives and efforts
providing consultation
advice and guidance in support of business goals
and administration of compensation programs and policies
Perform complex analytical studies in a variety of compensation areas
evaluation and analyses of internal and external market research
analyze competitive position and market trends and make recommendations for base salary structures
promotional adjustments
and/or variable pay programs
Perform market reviews
and studies for external benchmarking
Build various compensation models
prepare written exhibits
summaries and recommendations for market adjustments and special pay programs
Gives presentations on compensation programs to management and employee groups
Participates in compensation survey benchmarking
Partners with external survey vendors to ensure requirements and deadlines are met
Support other Total Rewards projects on an as-needed basis
How You'll Work.
Team & Collaboration
work closely with Engagement Business Partners and business leaders; providing consultation, advice and guidance in support of business goals; Gives presentations on compensation programs to management and employee groups; Partners with external survey vendors
Communication Scope
Excellent communication and interpersonal skills for conducting interviews and presenting findings to stakeholders
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