Job Description
The Compensation Analyst I will support the administration of compensation programs that support the North American compensation strategy and ensures that compliance, internal equity and external competitiveness requirements are met.Β This position is 100% remote and can be located anywhere in the United States or Canada.
Completes Initial Job Evaluation Review: Conducts a comparative analysis of new jobs against existing roles within the organization toΒ Β understand relative job value and responsibilities
Performs the initial Job Evaluation using both global and local methodologies, adhering to standardized processes for assessing job levels
Makes the initial assessment of grade and job profile
Creates job descriptions that are designed for use across all business lines within the organization and are consistent in format, style, and comprehensive in content
Administers the end-to-end survey submission process by populating required data fields in the formats specified by various compensation survey providers
Assists and provides support in the annual compensation cycle including compiling and organizing relevant data during both the budgeting and compensation proposal phases
Audits monthly incentive data files to ensure accuracy, completeness, and compliance with established procedures
Prepares monthly, quarterly, and annual payout files related to local business incentive plans as per the specific guidelines of each incentive plan
Conducts online research to gather compensation market data, compiles data from external sources (e.g., survey reports, publicly available data) and internal systems into a structured, and organized format for review and analysis
Conducts periodic audits and prepares reports to address concerns and changes to legislation, including changes to state/provincial minimum wage requirements.
Works with the team to evaluate the effectiveness of compensation programs and processes and continually identify and implement improvements and automations.
Maintains knowledge of market practices and emerging trends in HR with a focus on Compensation programs.
Additional tasks as required
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