Compensation Analyst
CurrentExecute skills as a seasoned professional with a full understanding of industry practices, and company policies and procedures in order to provide compensation consultation to assigned business units to include administration of base pay, incentive performance management and other pay programs.Advises HR business partners and customers in the administration of current compensation programs and resolves a wide range of issues.Analyzes employee salary and job information, identifies potential salary issues and legal concerns, and communicates pay administration programs for respective groups.Assists Compensation management team to develop, administer and implement new compensation programs for base pay incentive pay, sales compensation, executive compensation, and the performance management process.Conducts research using appropriate surveys publications internet and other media and provides recommendations for appropriateness of possible organization allocations.Provides recommendations to Compensation management team for new or revised policies, processes and procedures and ensures that implementation occurs timely, and policies and procedures are followed consistently.Conducts internal job analysis and evaluation to ensure appropriate classification and grading of jobs and conducts external job analysis and evaluation by participating in and completing salary surveys to ensure market data is valid and useful.Provides recommendations based on findings to Compensation management team and develops market pricing and job evaluation methodologies for team members to follow consistent processes and analysis.Advises business units in job description design and provides development assistance as necessary. Reviews job descriptions to ensure completed descriptions meet legal and internal criteria.Maintains and develops complex databases for compensation programs and evaluation results.