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About the role
Key responsibilities & impact- Supporting the development, implementation, and management of the company's compensation programs.
- Analyzing compensation data, conducting market research, and ensuring that compensation practices are competitive and equitable.
- Conducting analyses of compensation data to ensure internal equity and external competitiveness.
- Performing market research and benchmarking, analyzing trends and providing recommendations based on industry data.
- Assisting in developing, maintaining, and aligning job families, salary ranges, and pay structures with organizational goals and market practices.
- Preparing and maintaining accurate reports and data on compensation metrics, trends, and comparisons, ensuring data integrity across systems.
- Ensuring compliance with federal, state, and local regulations, monitoring changes and implementing necessary adjustments.
- Supporting the design, management, and evaluation of incentive and bonus programs, recommending improvements.
- Providing guidance and responding to employee and management inquiries on pay structures, adjustments, and incentive programs with clear communication.
- Identifying and implementing process improvements to enhance the efficiency and effectiveness of compensation operations.
- Collaborating with HR, finance, and other departments to align compensation practices with organizational objectives.
Requirements
What you’ll need- Bachelor’s degree in Human Resources, Finance, Business Administration, or a related field or an equivalent combination of education and experience.
- Professional certification in compensation (e.g., CCP - Certified Compensation Professional) is a plus but not required.
- Minimum of 2 years of experience in compensation analysis or a related field.
- Strong understanding of compensation principles, practices, and regulations.
- Proficiency in compensation software and tools (e.g., PayScale, MarketPay, Compensate).
- Experience with Workday HCM, particularly in compensation and/or benefits modules; Workday implementation experience is a plus.
- Knowledge of total rewards programs, including benefits, wellness, and perks, with the ability to integrate these into broader compensation strategies.
- Excellent analytical skills with the ability to interpret complex data and provide actionable insights.
- Strong communication skills, with the ability to present data and recommendations clearly to management and stakeholders.
- High level of integrity and discretion when handling confidential information.
- Ability to work independently and as part of a team, managing multiple priorities in a dynamic environment.
Benefits
Comp & perks- Employee wellness programs
- Professional development opportunities
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
Compensation PrinciplesMarket ResearchData AnalysisJob Family DevelopmentSalary Range AlignmentPay Structure ManagementIncentive Program DesignCompensation Metrics ReportingProcess ImprovementTotal Rewards Knowledge
Soft Skills
Strong CommunicationHigh IntegrityTeam CollaborationIndependent WorkMulti-Priority Management
Certifications
CCP - Certified Compensation Professional