Compensation Analyst
Holman · Mount Laurel, NJ · 6 days ago
$61k–$87k/yrFull-time
Principal Purpose of Position
Evaluates and conducts benchmarking for hourly, salaried and middle management positions.
Participates in third party compensation surveys.
Reviews and approves new hire offers as well as promotions and position transfers in order to maintain conformance to legislation, policy, and internal equity.
Requirements
- Maintains integrity of job evaluation, job coding, and job documentation system, including the creation and maintenance of job descriptions globally.
- Participates in the annual merit increase process including distribution of planning worksheets to management, analysis of submissions, preparation of summary reports, and execution of system updates.
- Supports administration of pension and 401(k) plans, including ad-hoc analysis, preparation of pension calculations and related paperwork, annual reporting, and responding to employee, manager, and HR questions.
- Creates and runs ad hoc reports as requested.
- Prepares documentation of new pay plans and recommends changes and updates as needed.
- Explains compensation and retirement programs to employees and managers as needed.
- Under minimal direction, lead special projects as assigned.
Qualifications
- Four year college degree in HR, Business or related field.
- Relevant Work Experience: Three or more years of experience in compensation and benefits, financial analysis, or audit.
- Superior Excel and analytical skills.
- Experience with Workday preferred.
- Strong communication skills.
Skills
- Specific knowledge of compensation, including base pay, bonus, and equity.
- Knowledge of internal HR policies, practices, and procedures.
- Knowledge of external regulations and best practices in the compensation field.
- Strong project management knowledge and strong organization skills.
- Strong orientation toward continuous improvement.
- Able to reason with others.
- Able to understand, influence, and support people through applying technical knowledge and rational arguments.
- Able to diplomatically resolve disagreements between HR and line management while keeping the company's best interests in mind.
Benefits
- Health Insurance
- Vision Insurance
- Dental Insurance
- Life and Disability Insurance
- Flexible Spending and Health Savings Accounts
- Employee Assistance Program
- 401(k) plan with Company Match
- Paid Time Off (PTO)
- Paid Holidays, Bereavement, and Jury Duty
- Paid Pregnancy/Parental leave
- Paid Military Leave
- Tuition Reimbursement
Pay
We offer competitive wages that are commensurate with job-related skills, experience, relevant education or training, and geographic location, starting in the range of $60,800.00 - $86,640.00 USD annually for full time employees. The annual compensation range is comprised of base pay earnings.
Planning/Organizing/Managerial Knowledge
- Specific knowledge of compensation, including base pay, bonus, and equity.
- Knowledge of internal HR policies, practices, and procedures.
- Knowledge of external regulations and best practices in the compensation field.
- Strong project management knowledge and strong organization skills.
- Strong orientation toward continuous improvement.
Communicating & Influencing Skills
- Able to reason with others.
- Able to understand, influence, and support people through applying technical knowledge and rational arguments.
- Able to diplomatically resolve disagreements between HR and line management while keeping the company's best interests in mind.