Compensation Analyst
BlueCross BlueShield of South Carolina · Columbia, SC · 4 days ago
Human ResourcesFull-time
Description
This position is full-time (40-hours/week) Monday-Friday in a typical office environment. This role is onsite at 51 Clemson Rd. Columbia, SC.
Position Purpose
The Compensation Analyst supports daily compensation operations, including compensation research, HCM transaction processing, system maintenance, and program administration. This role provides guidance on compensation policies, compliance, and HCM functionality while maintaining compensation reports, metrics, and data integrity.
What You’ll Do
- Affords support for maintenance of company's Human Capital Management system.
- Ensures data integrity of the system, job description files, and other salary administration resources, and participates in process improvement initiatives to streamline work and improve customer service.
- Reviews and processes requests in HCM system and Compensation Inbox.
- Collaborates and consults with generalists and management to enhance understanding of compensation policies and processes.
- Reviews and reconciles scheduled and ad hoc reports to include salaries, job profiles, grade profiles, compensation plans, incentive plans, promotional increases, etc.
- Participates in compensation projects.
- Participates in salary surveys conducted by third-party survey providers.
- Analyzes survey data and prepares supporting documentation.
For This Position, You’ll Need The Following:
- Required Education: Bachelor's Degree or equivalent 4 years job related work experience.
- Required Work Experience: 2 years work experience, or a master's degree in human resources or business administration.
- Required Skills and Abilities: Excellent judgment with ability to make objective business decisions. Excellent quantitative/analytical and critical thinking skills. Strong organizational, customer service, presentation skills. Excellent verbal and written communication skills. Aptitude towards research. Process-oriented thinker. Quick learner. Strong math skills. Ability to handle confidential or sensitive information with discretion. Working knowledge of compensation systems, planning, and wage and hour laws. Working knowledge of FLSA exemption classifications, job evaluation methodologies. Working knowledge of principles of wage and salary administration along with market pricing.
Preferred Work Experience
- 1 year previous compensation experience.
Our Comprehensive Benefits Package Includes The Following
- Subsidized health plans, dental and vision coverage
- 401k retirement savings plan with company match
- Life Insurance
- Paid Time Off (PTO)
- On-site cafeterias and fitness centers in major locations
- Education Assistance
- Service Recognition
- National discounts to movies, theaters, zoos, theme parks and more
What To Expect Next
After submitting your application, our recruiting team members will review your resume to ensure you meet the qualifications. This may include a brief telephone interview or email communication with our recruiter to verify resume specifics and salary requirements.