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Compensation Analyst

Company: Synerfac
Location: Bridgewater
Posted on: November 23, 2021

Job Description:

Work directly for a national brand retail company on their corporate team.

Compensation Analyst:

Summary/Responsibilities:
The Compensation Analyst studies, analyzes and processes information related to the compensation of associates based on their positions and other compensable factors. The Analyst will interface with vendors, Human Resources, HR Systems, IT, and other internal departments.
The Analyst will assist with the salary planning process, conduct job evaluations, create internal and external offers, complete ad hoc data analysis, assist in the preparation of compensation proposals; lead or participate in projects as assigned.

*Proactively works with HR and International Regional Compensation Teams as a Business Partner providing a high level of service to resolve problems, discuss pending changes, salary recommendations based on internal and external data, job description evaluations and salary range adjustments for all locations
*Coordinates data gathering for the ongoing needs of the department for all US & international demographics.
*Completes job evaluations using Mercer IPE:
oEnsure all positions have a description
oActively assists in data gathering, as needed for all locations
oProvide guidance to HR on job descriptions to reflect appropriate title, essential functions, qualifications, and physical and environmental requirements
oEnsures SOX compliance
oAssists with the maintenance of the Job Description database
*Perform regular audits of employee compensation to ensure regulatory compliance and internal equity across positions
*Assists in the selection and participation of salary surveys:
oPrepares and conducts compensation surveys
oConducts spot surveys
oAnalyzes results of surveys to determine their impact. Makes recommendations as necessary.
*Participates in the administration of the Annual Salary Planning process
*Regularly provide analysis to assess effectiveness and quality of compensation plans and programs. Generate reports, analyze data, summarize and present results as needed and ensure integrity of data and reporting methodologies
*Assists in the development and documentation of procedures to streamline processes and ensure compliance with regulatory requirements
*Ensure accuracy of all job data contained in the HR system
*Participates in compensation development/training activities
*Stays abreast of trends and regulatory changes in the Compensation area
*Assists Compensation Department as necessary
*Completes projects as assigned
*Internal projects may include market research, competitive intelligence, system/reporting enhancements, process improvements, and communications content

Experience: 2 to 4 years Compensation experience

Education:
*Bachelor's Degree or equivalent
*CCP and/or PHR certification a plus

Skills:
*Excellent analytical, project management, problem resolution and client service skills required
*Strong interpersonal, written and verbal persuasion/communication skills
*Exhibits good judgement and logical reasoning
*Ability to work independently and effectively across teams and collaborate with others.
*Ability to prioritize tasks and recognize when escalation is necessary
*Must be organized
*Understanding of FLSA regulations and experience evaluating jobs for exemption a plus
*Ability to maintain an extremely high level of confidentiality
*Ability to work on several projects simultaneously with adherence to deadlines
*Self-motivated
*Advanced skills in Excel, Word and Access
*Knowledge of Workday a plus

Kim Krauszer
Synerfac Technical Staffing
Phone: 732-271-9333
Fax: 732-271-9110
kkrauszer@synerfac.com

Job Requirements:
Experience: 2 to 4 years Compensation experience

Education:
*Bachelor's Degree or equivalent
*CCP and/or PHR certification a plus

Skills:
*Excellent analytical, project management, problem resolution and client service skills required
*Strong interpersonal, written and verbal persuasion/communication skills
*Exhibits good judgement and logical reasoning
*Ability to work independently and effectively across teams and collaborate with others.
*Ability to prioritize tasks and recognize when escalation is necessary
*Must be organized
*Understanding of FLSA regulations and experience evaluating jobs for exemption a plus
*Ability to maintain an extremely high level of confidentiality
*Ability to work on several projects simultaneously with adherence to deadlines
*Self-motivated
*Advanced skills in Excel, Word and Access
*Knowledge of Workday a plus

Kim Krauszer
Synerfac Technical Staffing
Phone: 732-271-9333
Fax: 732-271-9110
kkrauszer@synerfac.com

Keywords: Synerfac, Trenton , Compensation Analyst, Professions , Bridgewater, New Jersey

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