Sign in

Compensation Analyst

Company:
ATR International
Location:
Waltham, Massachusetts, 02451, United States
Posted:
December 04, 2018

Description:

Job Location: Waltham, MA

Job Duration: 12 months

Job Description:

We are seeking a Compensation Analyst for a very important client.

Description:

Summary:

The main function of the Compensation Analyst is to audit jobs for content and prepare job descriptions reflecting job responsibilities, activities, duties and requirements.

Develop and/or participates in compensation surveys to collect and analyze competitive salary information to determine company's competitive position.

Review proposed salary adjustments for conformance to established guidelines, policies and practices. Recommend corrective or alternative actions to resolve compensation-related problems.

Assess and perform analysis on collected wage data, and prepare wage and salary data to facilitate compensation and management functions of organization.

Job Responsibilities:

-Converses with management to determine type, scope, and purpose of analyses.

-Examines and evaluates executive and non-executive positions.

-Responsibilities are of a professional level, and require understanding of both compensation theory and practice.

-Excludes paraprofessional positions.

-Works with computer or other analytic tools.

-Prepares reports and analyses.

-Works with other analysts and supervisors to complete assigned project work.

-Studies current organizational wage and salary data, and compiles reports, organization and flowcharts, and other information.

-Collects and analyzes occupational data, such as physical, mental, and training requirements of jobs and workers and develops written summaries, such as job descriptions, job specifications, and lines of career movement.

-Audits and recommends changes to salary structures and position classifications.

-Utilizes developed occupational data to evaluate or improve methods and techniques for recruiting, selecting, promoting, evaluating, and training workers, and administration of related personnel programs.

-Reviews wage and salary adjustments for conformance to policy.

-May observe jobs and interview workers and supervisory personnel to determine job and worker requirements.

Requirement:

The ideal candidate will possess the following skills.

Education: Bachelor’s degree in accounting, human resources, finance or similar field required. 2-5 years' experience

Skills/Qualifications:

Human Resources principles and best practices in compensation including job analysis/evaluation; Applicable Federal, State, and local rules, regulations and/or statutes; Research methods and data analysis techniques; Excel for analysis of data; Employee relations principles and practices; Customer service principles. Conducting studies and preparing sound recommendations; Preparing written reports for varied audiences; Maintaining confidentiality; Conducting research, analyzing information and data and presenting findings in a concise format.

Preferred skills:

-SHRM Certification

-2 to 5 years of Accounting/Finance/Analytics experience or someone that has 6 months to 1 1/2 years of compensation experience