Senior Compensation Analyst
Jersey City, NJ 07302
3 months
Shift/Core Work Hours: 8 AM – 5PM EST
Type: Could be Hybrid-requires to come on Wednesday.(1 day/week) and could be remote for right qualified candidate.
Education & Experience Required:
• Minimum of a Bachelor’s degree is required. Minimum 6 years work experience in HR, compensation, finance, accounting, or consulting, with minimum 2 years’ experience as an analyst. (With a Master’s degree, 4 years relevant experience required).
• Strong results orientation and attention to detail
• Strong analytical and problem-solving skills with ability to understand the business
• Strong written and oral communication skills
• Ability to exercise judgment and problem-solve with minimal direction
• Demonstrated ability to handle sensitive and confidential information
• Thorough understanding of FLSA and knowledge of wage compliance and regulations.
• Highly proficient in Microsoft Excel
Preferred:
• Experience with Workday
• Experience with CompAnalyst (Salary.com) or similar compensation analysis platform
• Experience working with a multinational company
• CCP certification
Responsibilities:
Our organization requires compensation team members who thrive in a dynamic, evolving business environment. To be successful, you must be adaptable and flexible to adjust strategies based on changing market trends and organizational needs. You have a unique opportunity to foster strong relationships with the Global and Regional Compensation Business Partners to address their needs.
The Senior Compensation Analyst will support the company with analytics and project support in the design, implementation and administration of compensation programs in accordance with the compensation strategy and philosophy of Client’s and our Total Rewards vision.
Responsibilities
• Assist with the development of Client’s global salary structure, including the ongoing evolution, roll out and maintenance of the structure.
• Conduct internal and external market research, analyze competitive position and market trends, and make recommendations for pay programs.
• Evaluate and analyze market data. Counsel HR partners and business leaders on competitive pay decisions.
• Market price non-executive jobs to meet business needs and comply with internal equity, conducting job evaluations in order to determine salary grade and pay recommendations. Understand and apply FLSA regulations with regard to job evaluation process.
• Support annual rewards planning process from a global perspective.
• Partner with HR Technology and Comp operations to understand Workday capabilities to ensure future compensation program design can be implemented and maintained effectively.
• Assist with the annual benchmarking process for all roles, including executives level roles.
• Complete and submit compensation surveys, dashboards, and other ad-hoc analyses
• Development of educational materials, tools, and necessary training modules to increase HRBPs and management understanding of existing Compensation programs and practices.
• Create dynamic models to assess the potential impact of future design decisions.
• Lead special projects including due diligence and M&A support
• Perform equity buy-out analysis
Applicant Notices & Disclaimers
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position's starting pay is: $65.00/hr.
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