What are the responsibilities and job description for the Compensation Analyst position at CW Talent?
Who We Are
Founded in 1926, the Colonial Williamsburg Foundation is a private, not-for-profit educational, historic, and cultural institution that owns and operates one of the largest and best-known museum complexes in the world. Our mission is “that the future may learn from the past” through preserving and restoring 18th-century Williamsburg, Virginia’s colonial capital. We engage, inform, and inspire people to learn about this historic capital, the events that occurred here, and the diverse peoples who helped shape a new nation.
Today, Colonial Williamsburg is the largest living history museum in the U.S. The Historic Area is the 301-acre restored colonial capital with 89 original buildings and 525 buildings reconstructed to how they appeared in the 18th century through extensive archaeological, architectural, and documentary research. The Historic Area is staffed by highly trained, historically dressed interpreters and expert tradespeople who bring the 18th century to life. The Foundation also owns and operates two world-class museums, the DeWitt Wallace Decorative Arts Museum, and the Abby Aldrich Rockefeller Folk Art Museum, The Bob and Marion Wilson Teacher Institute, and a renowned research library, the John D Rockefeller Jr Library.
Additionally, Colonial Williamsburg is home to five world class accommodations at the Williamsburg Inn, Williamsburg Lodge Autograph Collection, the Griffin Hotel, the Williamsburg Woodlands Hotels and Suites and the unique Colonial Houses in the Historical Area. Visitors may also indulge in food and drink at our many on site restaurants and taverns that blend a historically inspired dining experience with today’s evolved tastes. Each year over 5 million people visit Williamsburg and another 20 million engage with us digitally.
About the Position
The Compensation Analyst will implement and administer compensation programs in accordance with state, federal, and organizational guidelines. Conduct compensation analyses, salary surveys, function in the design, development, and on-going analysis and management of CW’s compensation programs. Utilize HRIS data to provide monthly HR metrics for leaders and HR Business Partners in order to assist with data-based decision making.
Main Duties:
Responsibilities include but are not limited to:
• Implement and administer compensation programs in accordance with state, federal, and organizational guidelines.
• Conduct compensation analyses, salary surveys, function in the design, development, and on-going analysis and management of CW’s compensation programs.
• Partner with HRIS, HRBPs, and organizational leaders to design, analyze, and deliver actionable HR metrics and reporting (e.g., headcount, turnover, exit data, overtime) to support data-driven decision-making.
• Collaborate with HR Business Partners, Recruitment and hiring managers to create and document job descriptions and provide market analysis.
• Participate in salary surveys and benchmark jobs against survey data.
• Properly classify and grade current and open positions and provide recommendations for candidate offers.
• Research and analyze compensation policies and guidelines and make recommendations to establish and/or maintain compliance, competitive rates, and ensure equity.
• Participate in the development of and provide compensation program training to hiring managers.
• Develop and document procedures to streamline processes and ensure continuity.
• Provide calculations and forecasts for compensation actions such as merit, grade increases, changes to minimum wage or FLSA, etc.
• Performs other related duties as required.
This job description reflects the general responsibilities of the position and is not intended to be an exhaustive list. Duties and responsibilities may evolve over time based on operational needs.
Required Education and Experience:
• Bachelor’s degree in Human Resource Management, Business Administration or a closely related field or equivalent experience, and three (3) – five (5) years’ related experience.
Preferred Qualifications:
• CCP and/or SHRM-CP or PHR certification
• Experience working in the not-for-profit industry
• Experience with Ultimate Kronos Group (UKG) HRIS
Key Skills / Competencies:
• Proficient with MS Office Word, Excel and PowerPoint, and HRIS systems.
• Proficient with compensation research and data analysis.
• Excellent communication skills, both verbal and written.
• Strong problem-solving skills.