Sample Job Description for Principal Compensation Analyst

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A sample job description outlines the essential duties, responsibilities, and requirements of a specific role within an organization. It provides a clear and concise summary of what the job entails, the expectations for the position, the qualifications, and skills and competencies required to perform the job successfully.
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Principal Compensation Analyst Job Overview

Principal Compensation Analyst Job Description Sample

Analyzes, designs, and administers employer compensation programs, including base pay, long and short-term incentives, spot bonuses, commissions, and stock that align with company objectives for recruiting, retention, and employee engagement.

JOB LEVEL
P04
EDUCATION/DEGREE
Bachelor's Degree
REPORTS TO
Manager or Head of a Unit/Department
Salary Range
BASE 50%
$128,860
TOTAL 50%
$138,550
Job Responsibilities for Principal Compensation Analyst

Designs and communicates pay structures, grades, compensation budgets, and guidelines. Advises managers on making effective pay decisions that support employee engagement and comply with compensation policy and budgetary guidelines. Evaluates jobs and develops and maintains job descriptions and job architecture. Participates in compensation surveys, conducts research and analysis on market competitiveness, pay equity, and compensation trends.

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Principal Compensation Analyst Skills & Proficiency Level

Skills Proficiency Level
Budgeting Level 3
Analytical Thinking Level 4
Attention to Detail Level 4