Logo of Huzzle

Home

Matches

Explore

Manage

Compensation Analyst

image

Acosta

2mo ago

  • Job
    Full-time
    Junior & Mid Level
  • Data
    People, HR & Administration
  • Charlotte

AI generated summary

  • You need a Bachelor’s Degree, 4 years in HR or 2 in compensation, strong Excel skills, analytical abilities, and good communication skills. Must manage multiple tasks and create graphic data presentations.
  • You will consult on compensation for offers and promotions, conduct analysis and modeling, ensure compliance, maintain resources, and improve processes while supporting HR and business leaders.

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
  • Must be able to create graphic presentations of data analysis.
  • Must be able to handle several assignments simultaneously and comply with deadlines.
  • Must be able to 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 responsibility of the Compensation Analyst?

The primary responsibility of the Compensation Analyst is to perform a variety of compensation activities, including data management, market monitoring, job pricing, and consulting with leaders and HR Business Partners on compensation-related matters.

What skills are required for this position?

The required skills include excellent Excel skills (including pivot tables, vlookups, and formulas), strong analytical and problem-solving abilities, and good verbal and written communication skills.

Is previous experience in compensation analysis preferred?

Yes, previous experience in compensation analysis is preferred, though candidates with strong analysis experience in Human Resources may also be considered.

What kind of education is required for the Compensation Analyst role?

A Bachelor's Degree is required for the Compensation Analyst position.

What are the physical requirements associated with this job?

The physical requirements include seeing, listening, and the ability to sit for long periods.

Is there a salary range for the Compensation Analyst position?

Yes, the salary range for the Compensation Analyst position is $80,000.00 - $95,000.00.

What types of reports will the Compensation Analyst be responsible for?

The Compensation Analyst will conduct ongoing compensation modeling, statistical/financial reporting, and analysis for various compensation programs.

How will the Compensation Analyst ensure compliance with wage laws?

The Compensation Analyst will keep abreast of current and anticipated regulatory changes and update key stakeholders to ensure compliance with applicable federal, state, and local wage laws.

Are there opportunities for continuous improvement in this role?

Yes, the Compensation Analyst is expected to identify opportunities to continuously improve tools and streamline processes to increase the efficiency of compensation planning efforts.

Who is the employer for this job?

The employer for this job is Acosta Services, Inc.

image

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.