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Compensation Analyst

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Acosta

26d ago

  • Job
    Full-time
    Junior & Mid Level
  • People, HR & Administration
    Accounting & Tax

AI generated summary

  • You need a Bachelor’s Degree, 4 years in HR analysis or 2 years in compensation, strong Excel skills, and good communication. Must manage multiple tasks and present data effectively.
  • You will analyze compensation data, consult on employment offers, ensure compliance with wage laws, maintain compensation resources, and assist with merit and bonus processes.

Requirements

  • Bachelor’s Degree
  • 4 years of Human Resources experience that demonstrates strong analysis or 2 years of compensation analysis and administration experience
  • Prefer experience in compensation analysis
  • Excellent Excel, PowerPoint and Word skills (Excel skills must include working knowledge of pivot tables, vlookups, formulas, and indexing)
  • Strong analytical and problem-solving skills
  • Good verbal and written communication skills
  • Create graphic presentations of data analysis
  • Handle several assignments simultaneously and comply with deadlines
  • Operate a calculator, computer, printer, fax machine, telephone, copier, and shredder
  • Seeing
  • Listening
  • Sitting for long periods

Responsibilities

  • Provides consultation and recommendations for offers of employment, promotions, and various other compensation related transactions to support Partners and Leaders.
  • Conducts ongoing compensation modeling and statistical/financial reporting and analysis for various compensation programs.
  • Serve as an advocate of compensation and educates Partners on how to carry that forward with the business, they support.
  • Evaluates new positions and provides recommendations to HR Business Partner. The Analyst consults and collaborates with HR Business Partners and Business Leaders to understand how their teams and roles are structured.
  • Conducts analysis of compensation related data across multiple systems to benchmark against industry practices and conducts cost/benefit analysis.
  • The Analyst ensures the Company is compliant with applicable federal, state, and local wage laws, keeps abreast of current and anticipated regulatory changes and updates key stakeholders. This includes leading the minimum wage review analysis, and implementation process.
  • Develops and maintains resources for HR and Talent Partners to access key compensation resources, including job descriptions and other guidelines. Designates appropriate access levels for secured information.
  • Responsible for the creation and maintenance of the job code table in HRIS. Ensure consistent formatting, quality, completeness, and leveling.
  • Identify opportunities to continuously improve our tools and streamline processes to increase efficiency of compensation planning efforts.
  • Responds to compensation surveys by deadlines.
  • Updates and maintains the third-party compensation survey tool.
  • Assists in the administration of the Merit and Bonus processes.
  • Meeting the physical requirements – listed below.
  • Other duties as assigned.

FAQs

What is the primary role of a Compensation Analyst at Acosta?

The primary role of a Compensation Analyst at Acosta is to perform a variety of compensation activities, including data management, market monitoring, market pricing, job classification, and providing analytical support to the company.

What qualifications are required for the Compensation Analyst position?

A Bachelor's Degree is required, along with 4 years of Human Resources experience demonstrating strong analysis, or 2 years of compensation analysis and administration experience.

What are the key responsibilities of a Compensation Analyst?

Key responsibilities include consulting on compensation transactions, conducting compensation modeling and reporting, evaluating new positions, ensuring compliance with wage laws, maintaining compensation resources, and improving compensation planning tools and processes.

What technical skills are important for a Compensation Analyst?

Excellent skills in Excel (including pivot tables, vlookups, and formulas), PowerPoint, and Word are important, along with strong analytical and problem-solving abilities.

How does the Compensation Analyst contribute to compliance with wage laws?

The Compensation Analyst ensures compliance by staying updated on federal, state, and local wage laws, leading minimum wage review analysis, and implementing necessary updates to stakeholders.

Is experience in compensation analysis preferred for this position?

Yes, experience in compensation analysis is preferred for candidates applying for this position.

What additional responsibilities might a Compensation Analyst undertake?

Additional responsibilities may include responding to compensation surveys, updating third-party survey tools, assisting in the administration of merit and bonus processes, and contributing to continuous improvement initiatives.

What is the salary range for the Compensation Analyst position?

The salary range for the Compensation Analyst position is $70,000.00 - $100,000.00.

Does the company provide accommodations for persons with disabilities?

Yes, Acosta is committed to providing accommodations for persons with disabilities and will work with candidates to meet their needs as required by law.

What is the work environment for a Compensation Analyst at Acosta?

The work environment is fast-paced and collaborative, requiring the ability to handle multiple assignments simultaneously while complying with deadlines.

Acosta

Trusted Brands Trust Us

Retail & Consumer Goods
Industry
10,001+
Employees
1927
Founded Year

Mission & Purpose

Acosta brings simplicity to retail sales. We act as a catalyst to boldly connect brands, retailers and consumers, fueling growth and building long-term value throughout North America and Europe. We are deeply embedded in every corner of the retail industry, strengthening the local, regional and national relationships between brands and retailers.​ Our team of experts uses deep industry insight, cutting-edge analytics and integrated partnerships to help our clients move ahead with confidence.