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Associate, Compensation Analyst

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Dow Jones

2mo ago

  • Job
    Full-time
    Entry & Junior Level
  • Consulting
    People, HR & Administration
  • New York

AI generated summary

  • You need 0-2 years in HR or related fields, a bachelor's degree, Excel skills, strong analytical and communication abilities, project management experience, and knowledge of compensation processes.
  • You will analyze market data to support pay recommendations, conduct job evaluations, participate in annual compensation processes, maintain HRIS data integrity, and oversee global pay practices.

Requirements

  • 0-2 years of relevant experience
  • Bachelor’s degree in Human Resource management or equivalent related experience
  • Working knowledge in Excel (can maintain complex spreadsheets) or Google Sheets
  • Excellent analytical skills using both qualitative and quantitative data and capability to independently problem solve and make recommendations with high attention to detail
  • An understanding of the various facets of Human Resources including Total Rewards, Talent Acquisition, Business Partners, Training, and Organizational Development.
  • Excellent written and verbal communication skills. Excellent interpersonal skills; able to build strong business relationships with internal customers, external agencies, and vendors
  • Ability to multitask in a fast paced environment; excellent task management and prioritization skills
  • Consultative and collaborative style
  • Communication and Influencing skills
  • Project Planning and Management skills
  • Knowledge of annual salary/bonus processes
  • Experience with Workday
  • Experience with a global organization desired.

Responsibilities

  • Help administer salary, bonus and sales incentive plans
  • Support Sr Analysts to make pay recommendations by analyzing and assessing market data to provide thoughtful and holistic recommendations in pay across assigned client groups for new hires, promotions, and pay adjustments; utilizing best practices in pay and compensation in doing so
  • Conduct ongoing job analysis, job evaluation and market pricing of global positions to ensure internal equity and market competitiveness
  • Be critically involved in the annual compensation processes which include the annual merit review, pay equity analysis, and off cycle promotion and market increases
  • Analyze Dow Jones global pay practices and provide summaries on pay including trends on business spend, allocations of higher merit increases
  • Maintain ongoing data integrity within HRIS tool (Workday) by assigning and validating job profiles, exemption status in compliance with Fair Labor Standards Act guidelines, union status
  • Be an expert in Global Architecture framework design and administration
  • Understand and complete the participation in compensation surveys

FAQs

What is the job title for this position?

The job title is Associate, Compensation Analyst.

What are the primary responsibilities of a Compensation Associate at Dow Jones?

The primary responsibilities include administering salary, bonus, and sales incentive plans, conducting job analysis and market pricing, supporting annual compensation processes, analyzing global pay practices, maintaining data integrity within the HRIS tool (Workday), and participating in compensation surveys.

What qualifications are required for this position?

The position requires 0-2 years of relevant experience and a Bachelor's degree in Human Resource management or equivalent related experience.

Is experience with Workday preferred for this role?

Yes, experience with Workday is preferred.

What skills are emphasized for this position?

Skills emphasized include analytical skills, attention to detail, understanding of Human Resources facets, excellent communication and interpersonal skills, multitasking abilities, and project planning and management skills.

What benefits does Dow Jones offer for this role?

Dow Jones offers comprehensive healthcare plans, paid time off, retirement plans, education benefits, paid maternity and paternity leave, family care benefits, commuter transit program, subscription discounts, and an employee referral program.

Where is this position based?

This position is based in either the New York City office or Princeton, NJ office.

What is the salary range for this position?

The pay range for this role is $60,000 to $75,000.

Does Dow Jones support diversity and inclusion in its hiring practices?

Yes, Dow Jones is an equal opportunity employer and considers all qualified applicants without regard to various protected characteristics.

How does Dow Jones ensure data integrity in HR practices?

The Compensation Associate will maintain ongoing data integrity within the HRIS tool (Workday) by assigning and validating job profiles, exemption status, and union status in compliance with Fair Labor Standards Act guidelines.

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Dow Jones

Entertainment & Media
Industry
1001-5000
Employees

Mission & Purpose

When you join Dow Jones, you become part of the most dynamic, creative and savvy news and information companies in the world. As a global leader in news and business intelligence, we're newswires, websites, newspapers, apps, newsletters, databases, magazines, and video --including some of the widest-read and most-respected brands, like The Wall Street Journal, Factiva, Barron’s, MarketWatch, Financial News, DJX, Dow Jones Risk & Compliance, Dow Jones Newswires, and Dow Jones VentureSource. Our products inform the discussions and decisions that are vital to the world's commerce, while our databases make the business world more transparent. We continually develop technology to transform information into insight and prosperity. We enlighten and inspire audiences around the globe with authoritative, differentiated and trusted content.