The Senior Compensation Analyst plays a key role in designing, implementing, and managing our compensation programs to ensure competitiveness, fairness, and alignment with organizational objectives.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Utilize advanced analytical techniques and tools to analyze compensation data, identify trends, and provide insights to support decision-making. Prepare regular reports and for senior leadership on compensation-related metrics and trends.
- Lead annual salary planning processes, including merit increases, promotions, and adjustments. Develop tools, guidelines, and communication materials to support managers in making salary decisions.
- Collaborate with management and HR leadership to implement processes to drive compensation strategies that support the organization’s goals and objectives.
- Provide a timely resolution regarding all compensation inquiries to include FLSA compliance.
- Maintain compensation programs and systems including grade assignments, internal equity, and job description library.
- Conduct and participate in the completion of salary surveys. Research, collect, and analyze market data and analyze internal salary relationships.
- Develop and assist in training related to FLSA classification and compensation.
- Creates, reviews, and evaluates job descriptions.
- Audit compensation data to ensure integrity and consistency within the program.
- Lead administration and development of salary ranges, geographic differentials and merit and bonus programs.
- Ensure compliance with local, state, and federal laws and regulations and company policies and procedures.
- May be responsible for leading and mentoring less experienced team members, providing training, coaching, and guidance to help develop their skills and expertise
SUPERVISORY RESPONSIBILITIES:
N/A
KEY SUCCESS INDICATORS/ATTRIBUTES:
- Ability to utilize discretion and independent judgment. Be able to maintain confidentiality.
- Ability to prioritize and multi-task in a fast paced, changing environment.
- Demonstrate strong organizational skills and be detail oriented.
- Demonstrate ability to self-motivate and meet deadlines.
- Demonstrate professional behavior that enhances productivity and promotes teamwork and cooperation.
- Demonstrate strong analytical skills, excellent verbal and written communication skills.
- Stay current on trends and developments in compensation.
- Proficient personal computer skills with MS Office (Word, Excel, Power Point, Outlook).
- Commitment and adherence to the Firm’s Core Values.
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