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Benefits & Compensation Analyst

Company:
Data Analysis Inc.
Location:
Plano, TX
Posted:
April 25, 2024
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Description:

Job Description

About Us

Data Analysis Incorporated (DAI), is the controlling entity of the O’Neil family of businesses, with more than 60 years of success and innovation. DAI provides strategic direction and guidance to its divisions, which operate in diverse industries around the world, including global equity markets, health care, financial, and insurance services, and digital printing and member communications. Each division receives operational and financial support from DAI, to capitalize on industry trends and capture growth opportunities.

Summary

The Benefits and Compensation Analyst is responsible for supporting the development, implementation, and maintenance of the company's benefits programs alongside compensation functions under the guidance of the Compensation and Benefits Supervisor. This role requires a strong technical and analytical approach to evaluate, and report on various benefits and compensation plans.

Duties and Responsibilities

Compensation Functions:

Assists in developing, implementing, and administering compensation policies and procedures.

Conducts job audits, prepares job descriptions, and participates in compensation surveys.

Assists in reviewing salary structures, salary adjustments, and classifications.

Benefits Functions:

Assists in the design and administration of employee benefits programs such as health, dental, vision, life insurance, wellness, and retirement plans.

Evaluates the effectiveness of existing system configurations and recommends changes that align with company goals and employee needs.

Provides analytical and technical support in the delivery of the benefits programs, including reporting, analysis of benefits costs, and identifying trends.

Participates in benefits surveys and benchmarking studies to ensure competitive benefit plans.

Responds to benefits inquiries from employees on plan provisions, benefits enrollments, and other general inquiries.

Common Functions:

Maintains a working knowledge of federal and state legislation and labor contracts that may affect compensation and benefits policies.

Supports in preparing special studies and recommendations on subjects such as incentive compensation, bonus plans, sales compensation, stock options, or retirement plans.

Performs other related duties as requested by management.

Qualifications & Requirements

Bachelor’s degree in human resources, finance, or related field or equivalent experience.

2-4 years of experience in compensation and benefits analysis.

Strong analytical skills and proficiency in Excel and HRIS systems.

Knowledge of local, California state, and federal employment laws and procedures related to compensation and benefits.

Working Conditions

Office / Sedentary Requirements

Must be able to perform the essential job duties. Work is performed primarily in an office environment. Typically requires the ability to sit for extended periods of time (66%+ each work day), ability to hear the telephone, ability to enter data on a computer and may also require the ability to lift up to 10 pounds.

Travel or Driving Requirements

If required, provide the % of travel or driving time.

• % of Travel Required: 10%

• % of Driving Required: 3%

The work environment characteristics described here are representative of those an employee encounters while performing the essential duties of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The information in this position description indicates the general nature and level of work to be performed. It is not designed to be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Management reserves the right to revise the job description or require that other tasks be performed when the circumstances of the job change (for example, emergencies, change in personnel, workload, or technical development). This does not alter the nature of the at-will employment between the employer and employee where either party can end the relationship at any time, for any reason or no reason, with or without notice.

Equal Opportunity Employer

Data Analysis Inc is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.Company Description

Data Analysis Inc (DAI) is the parent company of a global group of privately held firms in fields ranging from institutional equity markets to digital investment news and information to omnichannel communication solutions. DAI provides leadership, oversight, and strategic direction and shapes the purpose, vision, and mission of these firms. Shared services include administration, finance, and human resources. DAI’s global team embraces an entrepreneurial focused environment fostering collaboration, teamwork, and creativity with a dynamic culture that emphasizes the value of its associates and their dedication to success. We strive to be leaders in our field, innovators with a history of being in the forefront of using technology to deliver our services.

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