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Compensation Analyst

Alachua, FL | Full Time
3 Days Ago

Job Description

Axogen is hiring for an Compensation Analyst in either Alachua or Tampa, FL. This position is on a hybrid schedule with office days Monday, Tuesday and Thursday. 

Job Summary of the Compensation Analyst

The Compensation Analyst will support the Company's strategic initiatives by developing and maintaining compensation programs to drive employee performance.  This position is responsible for providing input into the design of the company’s compensation programs and lead the implementation, administration, and delivery of such. Analyzes organizational pay practices and makes recommendations for salary changes to ensure equity. Works with Managers to ensure accurate job descriptions for positions in the organization. Conducts job analysis to determine appropriate salary level according to compensation guidelines and policy. 

Responsibilities of the Compensation Analyst

  • Serve as a consultant to the business on compensation matters including pay philosophy, guidelines, position evaluation, program design, and regulatory compliance.

    · Assist with the design and development of the annual and long-term incentive plans.

    · Participate in salary surveys and job benchmarking to address internal equity issues and ensure market competitiveness.

    · Review and analyze market data, market trends and internal equity

    · Lead the annual compensation review process (merit/bonus)

    · Perform ongoing compensation analysis for new and existing jobs as well as promotions and adjustments.

    · Collaborate with Talent Development and Corporate Communications to design communication strategies that will educate employees on compensation programs

    · Participate and possibly lead various cross functional HR projects

    · Assist with updating and creating compensation policy and procedures

    · Ensure compliance with applicable federal, state and local laws and regulations in all areas of responsibility.

    · Perform other duties as required

Requirements of the Compensation Analyst

The specific duties of the TITLE include but are not limited to:

  • Bachelor’s degree required in business or related field

    · Highly experienced in compensation and benefits, preferably within a high-growth organization

    · Experience in administration of equity plans is preferred

    · Strong quantitative, analytical and organizational skills with excellent attention to detail

    · Experience in compensation analysis

    · Knowledge of applicable state and federal laws and regulations related to compensation and benefits

    · Strong communication skills including the ability to effectively communicate verbally and in writing

    · Strong data management skills; ability to audit, format, model and analyze large data sets.

    · Sense of urgency and ability to collaborate across teams and functions

    · Ability to create complex reporting solutions and transform data into information

    · Proficiency using Microsoft Office Suite (Word, Excel, PowerPoint)

    · CCP/CBP/CEBS Certification preferred

Location

13631 Progress Blvd., Alachua, FL 32615

OR

111 West Oak Ave., Tampa, FL  33602

Physical Requirements:

The work is sedentary work which requires exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. Additionally, the work requires the following physical abilities: mental acuity, visual acuity, walking, repetitive motion, speaking, talking, hearing, and typing.

Working & Environmental Conditions:

Work involves everyday risks or discomforts which require normal safety precautions typical of such places as offices or meeting and training rooms, e.g., use of safe workplace practices with office equipment, avoidance of trips and falls, and observance of fire and building safety regulations.

#LI-AC1

 

Skills for Compensation Analyst

The job skills required for Compensation Analyst include Benchmarking, Initiative, Microsoft Office, Attention to Detail, Job Analysis,and compensation analysis etc. Having related job skills and expertise will give you an advantage when applying to be a Compensation Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Compensation Analyst. Select any job title you are interested in and start to search job requirements.

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Career Path for Compensation Analyst

The following is the career advancement route for Compensation Analyst positions, which can be used as a reference in future career path planning. As a Compensation Analyst, it can be promoted into senior positions as a Stock Plan Administrator III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Compensation Analyst. You can explore the career advancement for a Compensation Analyst below and select your interested title to get hiring information.