Compensation Analyst jobs in Tampa, FL

Position: Compensation Analyst

Location: Tampa, Florida

Duration: 17 Months Contract

Job Summary
The Compensation Analyst is responsible for conducting thorough market and internal research and insight analysis to help the company make informed decisions about our compensation programs.

Position Responsibilities (Essential Functions)

• Analyze compensation data to provide recommendations to HR and Recruiting regarding suitable compensation for new hires, promotional increases, and other related matters.
• Conduct job evaluations to determine the appropriate job grade, title, FLSA status, and compensation package, ensuring consistency across the organization. This involves reviewing both internal and external salary data, as well as benchmarking similar positions internally or against industry peers.
• Assist in the annual merit, performance, short-term incentive, and long-term incentive processes.
• Perform year-end activities including annual reporting and compensation audits.
• Manage projects related to process improvements (i.e. job codes/grade/bonus alignment)
• Audit year-end calculations / payments and be responsible for identifying and correcting data issues.
• Support the development, coordination, and distribution of compensation communications.
• Stay on top of ever-changing local, state, and federal laws and regulations regarding compensation and pay equity. This includes the FLSA, Equal Pay Act, ADA, minimum wage requirements, overtime regulations, and more.
• Coordination of global mobility

Basic Qualifications (Required Education/Experience)

• Minimum of five years’ (5 ) experience in Compensation required; within a manufacturing organization preferred. Compensation model in HRIS, DayForce preferred.
• Bachelor’s degree in Human Resources or Business Administration is required.

Preferred Qualifications (Desired Skills/Experience)

• Analysis: Skilled in data research methods like analysis of quantitative data and market trends. Decisions in this role are expected to be made by gathering and assessing data points. This data collection leads to researching and analyzing compensation plans, policies, and programs to make recommendations for improvement.
• Computer Skills: Experience with various types of HRIS platforms and other software tools.
• Detail-oriented Organization: Skilled in creating detailed compensation plans and policies, proactively considering employee needs, and keeping employee private information secure and organized.
• Communication: Experience with written and verbal communication with large audiences and an ability to clearly convey thoughts to others.
• Collaboration: Collaborate with multiple different internal departments as well as external vendors to ensure all compensation discrepancies are resolved, payroll deductions are processed, and that the proper information is provided by vendors.
• Compliance: Ensure compliance with various governmental laws and regulations regarding EEO, the FLSA, Equal Pay Act, ADA, minimum wage requirements, overtime regulations, severance, confidentiality, and any applicable policy changes.

Job Type: Contract

Salary: $39.00 - $51.00 per hour

Experience:

• Manufacturing company: 1 year (Preferred)

Work Location: In person