What are the responsibilities and job description for the Compensation Analyst position at iPipeline?
The Compensation Analyst will be responsible for evaluating, designing, implementing, and maintaining global compensation programs across the organization.
Responsibilities
Responsibilities
- Provides compensation administration, analysis, and pay structure design to ensure the company is competitive in its compensation policies and practices.
- Performs job evaluations and analysis of jobs, compensation benchmarking, and data collection.
- Benchmarks jobs against survey data to determine compensation ranges for positions. Maintains salary structure and job tables.
- Provides guidance on compensation design and topics.
- Assists in the development and implementation of salary administration, compensation policies, and variable sales plans.
- Prepares and maintains job descriptions ensuring accurate and current job descriptions exist.
- Benchmarks jobs against salary data and other market intelligence to determine ranges.
- Participates in annual salary surveys. Interprets market data in relation to company positions and organizational structure.
- Assists in the creation of the career framework.
- Leads strategic compensation-related initiatives or projects; such as evolving the job architecture.
- Ensures compliance with employment laws and regulations.
- Prepares and presents summary reports of job analysis and compensation analysis information.
- 4 to 6 years work experience as a global compensation analyst
- Working with HRIS, including data extraction, analysis, and system report building
- Experience with UKG a plus
- Bachelor’s Degree in Business Administration, Human Resources, or related field preferred
- Certified Compensation Professional (CCP) certification preferred
- Global salary planning and program administration.
- Job evaluation experience.
- Compensation program design.
- Highly proficient in conducting compensation research and analyzing information and data.
- Demonstrated auditing skills and attention to detail and accuracy in data management and reporting.
- Proven analytical, critical thinking, and problem-solving skills and the ability to synthesize information and data.
- Attention to detail and accuracy.
- Microsoft Office experience; strong aptitude and proficiency with Excel required.
- Knowledge of HR laws, regulations, and best practices.
- Ability to maintain highly confidential information.
- Strong sense of urgency, results, and action-oriented.
- Excellent written, verbal, and communication skills.
- Based on the needs of the business.
- Prolonged periods of sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
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