What are the responsibilities and job description for the Compensation Analyst position at The Pasha Group?
Job Summary
The Compensation Analyst administers, analyzes, and assists with design and implementation of enterprise compensation programs.
Primary Objectives
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This role requires work that may involve the following environmental conditions:
Background Checks
Must be fully vaccinated against COVID-19, except as prohibited by law.
The information included in this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive or exhaustive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
The Compensation Analyst administers, analyzes, and assists with design and implementation of enterprise compensation programs.
Primary Objectives
- Review job and pay change documentation for conformance to established guidelines, policies, and practices.
- Prepare and review job description content and classifications.
- Participate in salary surveys and analyze data from survey sources to determine competitiveness both internally and externally.
- Administer cyclical compensation programs.
- Administer compensation processes including merit and incentive payment cycles, offer and PAN approvals, and union rate increases.
- Partner with business unit leaders to write, review, and audit concise, compliant, and accurate job descriptions.
- Generate and monitor job description review workflows.
- Analyze internal and external data and relevant market trends, maintain salary structures, and prepare market pricing recommendations.
- Conduct analyses for new or revised jobs to determine appropriate mapping to job architecture, incentive compensation, FLSA classification, and salary range assignment.
- Recommend corrective or alternative actions to resolve compensation-related concerns.
- Develop, document, and maintain effective and efficient processes and procedures.
- Perform audits to ensure alignment with compensation program guidelines and compliance with federal, state, and local regulations.
- Prepare and submit salary survey data files within established timeframes.
- Perform market pricing reviews ensuring integrity of survey job matches.
- Conduct ad-hoc job evaluations and respond to compensation-related inquiries.
- Assist with configuration and testing of compensation plans and processes in HR systems.
- Assist with development and delivery of manager training and communications on compensation programs and processes.
- Prepare and audit documentation for mass updates, mail merges, and Personnel Action Notices (PANs).
- Prepare, modify, and distribute routine and moderately complex reports, charts, and data files.
- Other duties as assigned.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education
- Bachelor's degree in Human Resources, Business Administration, or related field, or equivalent combination of education and experience in a directly related field preferred
- 2 years’ compensation program administration experience with direct responsibility for job pricing and job description development required required
- Experience with private industry salary surveys such AON Radford or equivalent required preferred
- Knowledge and understanding of principles, practices, and concepts of salary structures, job architecture, and compensation program elements.
- Demonstrated ability to evaluate compensation using salary survey market data and systems.
- Ability to recognize, evaluate, and define problems, collect relevant data, establish facts, and draw logical conclusions.
- Ability to learn quickly and apply related skills to similar situations.
- Knowledge of project management techniques with proven ability to appropriately prioritize and complete daily responsibilities and project deliverables.
- Strong mathematical and analytical skills with a high degree of attention to detail.
- Strong business writing skills with demonstrated ability to write clearly and concisely with proper grammar, spelling, and punctuation.
- Proven ability to communicate effective across all levels of the organization, and to establish credibility and respect of employees, peers, managers, and leaders.
- Demonstrated intermediate-level proficiency with Microsoft Office products including Excel, Word, Outlook, and PowerPoint.
- Knowledge of appropriate practices and privacy requirements relating to the handling, storage, and transmission of confidential employee and organization data and records.
- Delivers Results Rigorously drives self and others to achieve high levels of individual and organization performance.
- Engages & Inspires Others Leads with energy, self-confidence and understanding in ways that motivate colleagues to achieve more than they thought possible.
- Focuses on the Customer & Market Continuously evaluates what is important to the customer/client and develops products or solutions that exceed expectations.
- Makes Sound Business Decisions Makes timely and well-informed decisions that advance critical priorities, capitalize on new opportunities, and resolve problems.
- Practices our Values Supports and models The Pasha Way; conduct reflects Excellence, Honesty, Integrity, Innovation and Teamwork.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Hear and speak with sufficient clarity to understand and engage in telephonic information exchange; hear and understand verbal instructions; give and receive information verbally in person or via communication device - Often
- Walk/travel within office environment, crouch/bend to access floor-level storage - Often
- Use hands/fingers to operate office equipment, type/complete data input, write - Often
- Reach with hands, arms; lift, move and manipulate objects weighing up to 10 pounds - Regularly
- Sight sufficient to read instructions, documents, and screen-based information - Often
- Use hands/fingers to manipulate and file documents, folders, small objects - Regularly
This role requires work that may involve the following environmental conditions:
- Corporate office environment
Background Checks
Must be fully vaccinated against COVID-19, except as prohibited by law.
The information included in this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive or exhaustive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.