What are the responsibilities and job description for the Compensation Analyst position at Ryan Companies US, Inc.?
Job Description
Ryan Companies is hiring for a Compensation Analyst in our Minneapolis office. This role is responsible for the analysis, development and implementation of our Compensation and Recognition systems and programs. Reporting to the VP of Total Rewards, this role will partner and consult with HR and leaders, focusing on market competitive pay practices aligned with our company values and business strategy. This will also be responsible for our Recognition program and may be involved in select payroll and benefits projects.
Some Things You Can Expect To Do
The annual salary range is $77,000 - 96,000. The base rate may vary within the anticipated range based on factors such as the ultimate location of the position and the selected candidate's knowledge, skills and abilities.
Eligibility
Position requires verification of employment to work in the U.S.
Benefits
Ryan Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Notice To Candidates
Please be advised that initial outreach regarding employment at Ryan Companies will only occur via email from the domain @ryancompanies.com email address. If you recieve communication from someone you believe is impersonating Ryan Companies, please report it to us at humanresources@ryancompanies.com
Non-Solicitation Notice To Recruitment Agencies
Ryan Companies kindly requests that recruitment agencies and third-party recruiters do not submit unsolicited resumes or candidate information to any Ryan Companies employee or office. Ryan Companies will not be responsible for any fees or expenses associated with unsolicited submissions. If recruitment services are required, we will reach out directly to agencies on our approved vendor list. We appreciate your understanding and cooperation.
Ryan Companies is hiring for a Compensation Analyst in our Minneapolis office. This role is responsible for the analysis, development and implementation of our Compensation and Recognition systems and programs. Reporting to the VP of Total Rewards, this role will partner and consult with HR and leaders, focusing on market competitive pay practices aligned with our company values and business strategy. This will also be responsible for our Recognition program and may be involved in select payroll and benefits projects.
Some Things You Can Expect To Do
- Consult with HR business partners and leaders on compensation topics.
- Evaluate and review job descriptions to determine appropriate salary structures and exemption status.
- Participate in annual salary surveys building competitive salary structures. Assist in maintaining current market data in Payfactors.
- Assist in modeling annual merit increases, range penetration and internal equity.
- Manage and review compensation data in Workday and partner with HR business partners and leaders to make compensation decisions
- Support the development and maintenance of the company’s very popular recognition program. Manage vendors, ensuring a smooth experience aligned with company strategies.
- Develop and update employee communications, ensuring they are clear, engaging, and consistent.
- Help define and document policies and procedures that comply with external legislation and regulations.
- Proactively identify opportunities to improve processes, enhance the employee experience, and increase efficiency across all total rewards programs.
- Stay current on industry trends, regulatory updates, and emerging best practices to help keep Ryan’s programs competitive and compliant.
- Involvement with select projects in Payroll, Benefits and Leaves.
- Bachelor’s degree in Human Resources or related field is preferred,
- Minimum of 2-4 years progressive experience in Human Resources with at least 2 years focused in Compensation.
- Or an Associate degree in Human Resources paired with 6 years of experience focused in the Compensation area.
- Equivalent military experience will be considered toward the required years of experience.
- Strong understanding of compensation methods, and practices, including job analysis and market pricing.
- Analytical mindset, with exceptional attention to detail and accuracy and proficiency in Microsoft Excel.
- Experience working with HR systems and market pricing platforms (Workday and Payfactors preferred).
- Identify opportunities to improve processes, employee experience, and operational efficiency across leave and wellness programs.
- Flexible, adaptable, collaborative, and solution-oriented with a continuous improvement mindset.
- Foundation in FLSA classifications and regulations.
- Excellent communication and customer service skills, with the ability to explain complex topics with clarity and empathy.
- Ability to build strong relationships and engage effectively with team members at all levels of the organization.
- Proven ability to handle confidential information with discretion and sound judgment.
- Able to work independently with general supervision. Ability to multi-task and strong organization skills with exceptional attention to detail and accuracy.
The annual salary range is $77,000 - 96,000. The base rate may vary within the anticipated range based on factors such as the ultimate location of the position and the selected candidate's knowledge, skills and abilities.
Eligibility
Position requires verification of employment to work in the U.S.
Benefits
- Competitive Salary
- Medical, Dental and Vision Benefits
- Retirement and Savings Benefits
- Flexible Spending and Health Savings Accounts
- Life Insurance
- Short-Term and Long-Term Disability
- Educational Assistance
- Paid Time Off (PTO)
- Employee Assistance and Wellness Programs
- Family Planning & Parenting Benefits
- Employee Discount Programs
- Pet insurance
- Charitable Donation Matching
- Volunteer Time Off (VTO)
- Employee Resource Groups (ERGs)
Ryan Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Notice To Candidates
Please be advised that initial outreach regarding employment at Ryan Companies will only occur via email from the domain @ryancompanies.com email address. If you recieve communication from someone you believe is impersonating Ryan Companies, please report it to us at humanresources@ryancompanies.com
Non-Solicitation Notice To Recruitment Agencies
Ryan Companies kindly requests that recruitment agencies and third-party recruiters do not submit unsolicited resumes or candidate information to any Ryan Companies employee or office. Ryan Companies will not be responsible for any fees or expenses associated with unsolicited submissions. If recruitment services are required, we will reach out directly to agencies on our approved vendor list. We appreciate your understanding and cooperation.
Salary : $77,000 - $96,000