We are seeking a detail-oriented Compensation Analyst to join our HR team. In this role, you will be responsible for analyzing and managing the organization’s compensation programs, ensuring they are competitive, equitable, and aligned with overall business objectives. Your analytical skills and attention to detail will play a crucial role in supporting our talent management strategies and enhancing employee satisfaction.

Responsibilities:

• Conduct thorough market research and benchmarking to ensure the organization’s compensation packages are competitive within the industry
• Analyze internal and external salary data to recommend adjustments to pay structures and compensation policies
• Collaborate with HR and department leaders to assess compensation-related issues and develop strategies to address them
• Support the design, implementation, and administration of compensation programs, including base pay, bonuses, and incentive plans
• Prepare and maintain detailed compensation reports and dashboards to provide insights on pay equity, trends, and compliance
• Assist in the annual salary review process, ensuring fair and equitable pay adjustments based on performance and market conditions
• Stay informed on labor market trends, economic factors, and regulatory changes that may impact compensation practices
• Provide guidance and support to employees and management regarding compensation inquiries, policies, and procedures
• Collaborate with the HR team to ensure proper communication and implementation of compensation programs across the organization
• Participate in compensation surveys and networking groups to gather insights and best practices from other organizations

Requirements:

• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field
• 2-4 years of experience in compensation analysis, HR analytics, or a related field
• Strong understanding of compensation principles, salary structures, and labor market trends
• Proficiency in data analysis and statistical methods, with advanced Excel skills (e.g., pivot tables, VLOOKUP, data visualization)
• Excellent analytical and problem-solving abilities, with a keen attention to detail
• Strong interpersonal and communication skills, with the ability to convey complex information clearly and effectively
• Familiarity with HRIS and compensation management systems
• Ability to maintain confidentiality and handle sensitive information with discretion

Work Environment:

• A collaborative and supportive team atmosphere that values data-driven decision-making and continuous improvement
• Opportunities for professional development and training in compensation and HR practices
• Access to industry-leading resources and tools to enhance your analytical capabilities