Compensation Analyst

The Compensation Analyst is responsible for the administration and maintenance of a competitive base compensation structure and job classification hierarchy. This role involves researching and analyzing compensation data from various sources, recommending appropriate hourly and entry-level salaried pay rates for new and existing locations throughout the region, and ensuring the implementation of industry-leading compensation policies and practices.

Key Responsibilities:

• Administers and maintains a competitive base compensation structure and job classification hierarchy.
• Researches and analyzes compensation data from various sources to recommend appropriate pay rates and scales.
• Participates in external wage surveys to stay informed on market trends and adjusts compensation strategies accordingly.
• Supports field HR and management in developing and reviewing role profiles to ensure alignment with compensation strategies.
• Develops and administers the hourly wage review process, providing guidance and recommendations to field HR and operations leadership.
• Supports various compensation programs and processes, including annual merit increases, job evaluation, and salary structure development.
• Keeps informed of all applicable compensation regulations, including the Fair Labor Standards Act (FLSA).
• Collaborates with other functional groups during acquisitions, conducting due diligence regarding compensation structures, incentive plans, and associated costs.
• Utilizes HRIS systems effectively to streamline the administration of compensation plans and improve efficiency.
• Recommends changes to current processes to enhance the efficiency and effectiveness of the compensation function.
• Performs other duties as assigned to support the overall goals of the HR department.

Qualifications:

• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field, required.
• 0-3 years of compensation experience, required.
• Experience in compensation programs, including annual merit processes, job evaluation, and salary structure development, preferred.
• Proficient in Microsoft Excel and HRIS systems; experience with compensation management software, preferred.
• Knowledge of federal and state labor laws related to compensation, preferred.

Our Organization has a business casual environment and focuses on teamwork, associate development, training, and continuous improvement