Compensation Analyst

Job Overview:Search Solution Group is seeking a Compensation Analyst on behalf of our client, a Telecommunications company. The Compensation Analyst will support the administration, analysis, and continuous improvement of compensation programs across the organization. This role will analyze market data, support annual compensation processes, conduct audits, maintain compensation data integrity, and provide analytical support for compensation initiatives. The ideal candidate is highly analytical, detail-oriented, comfortable working with complex data, and able to build strong partnerships across HR, HRIS, IT, and other internal teams.Key Responsibilities:Support market pricing and compensation survey participation processes.Review and analyze compensation survey results to identify competitive labor market trends and the company's market position.Use data-driven methodologies to evaluate compensation competitiveness and market positioning.Perform data modeling and cost analysis for base salary and incentive compensation programs.Support the global annual compensation process from pre-go-live preparation through post-process analysis.Conduct pre-go-live data audits and updates to ensure compensation information is accurate.Perform end-to-end testing of compensation systems and processes.Provide post-go-live support and assist with resolving issues identified during annual compensation processes.Maintain and resolve compensation-related issue logs.Support the preparation and distribution of manual compensation statements as needed.Partner with HRIS, IT, and HR Shared Services on annual compensation processes and other Total Rewards projects.Conduct scheduled and ad hoc audits of employee compensation data.Partner with managers and HR teams to research and resolve compensation data discrepancies.Promote data integrity by communicating the importance of accurate compensation information and understanding downstream impacts.Develop tools and resources that improve compensation data accuracy and user experience.Support compensation compliance activities, including auditing, monitoring, and tracking.Maintain awareness of federal and state legislation affecting compensation policies and practices.Analyze compensation data to identify trends, gaps, and potential areas of concern.Provide analytical support for compensation programs, projects, and initiatives.Benchmark positions against compensation survey data and other market intelligence.Assist in establishing competitive compensation ranges based on market data.Support compensation initiatives across global regions and collaborate with stakeholders in different time zones.Maintain the confidentiality and security of sensitive employee compensation information.Perform other compensation and Total Rewards duties and projects as assigned.Requirements include:Education:Bachelor's degree in Business, Finance, Human Resources, or a related field required.Experience:3–5 years of experience in compensation analysis, design, administration, or a related Total Rewards function.Experience analyzing compensation data and supporting compensation programs.Experience with annual compensation processes preferred.Experience working with compensation surveys and market pricing preferred.Experience with HRIS platforms and compensation modules required.Experience with SuccessFactors Employee Central and Compensation modules is preferred.Experience with Workday or other ERP/HRIS systems is a plus.Experience supporting global HR or compensation programs is preferred.Skills:Advanced Microsoft Excel skills required, including: FormulasVLOOKUPsPivot tablesData analysisStrong analytical and quantitative skills.Ability to work effectively with large and complex data sets.Strong data auditing and reconciliation skills.Excellent attention to detail and accuracy.Strong project management and organizational skills.Ability to prioritize multiple projects and deadlines.Strong written and verbal communication skills.Strong problem-solving and critical-thinking abilities.Ability to define problems, collect and analyze data, establish facts, and draw valid conclusions.Strong HRIS and compensation technology skills.Ability to work independently while also collaborating effectively with cross-functional teams.Strong stakeholder management and relationship-building skills.Ability to handle sensitive and confidential employee information with discretion.Ability to support global teams across multiple time zones.Certifications:No specific certification required.Certified Compensation Professional (CCP) certification is a plus.Other HR, compensation, or Total Rewards certifications are a plus.Knowledge:Compensation principles and practices.Base salary and incentive compensation programs.Compensation benchmarking and market pricing.Compensation surveys and labor market data.Annual compensation planning processes.HRIS and compensation management systems.SuccessFactors Employee Central and Compensation modules preferred.Workday or other ERP systems.Compensation data auditing and data integrity practices.Federal and state regulations affecting compensation.Compensation compliance and audit processes.Data modeling and cost analysis.Total Rewards practices and processes.Global compensation practices and considerations.Microsoft Excel and advanced data analysis techniques.Key Competencies:Analytical Thinking: Uses data and market intelligence to identify trends, gaps, and opportunities within compensation programs.Attention to Detail: Maintains a high level of accuracy when working with employee compensation data, audits, and system processes.Data Integrity: Understands the importance of accurate compensation data and proactively identifies and resolves discrepancies.Problem Solving: Defines problems, researches available information, and develops data-driven solutions.Confidentiality: Demonstrates sound judgment and discretion when handling sensitive employee compensation information.Project Management: Effectively manages multiple projects, deadlines, system processes, and compensation initiatives.Communication: Clearly communicates complex compensation information to HR professionals, managers, and other stakeholders.Collaboration: Builds strong partnerships with HR, HRIS, IT, HR Shared Services, and business stakeholders.Technical Proficiency: Demonstrates strong Excel, HRIS, data analysis, and compensation technology capabilities.Business Acumen: Understands how compensation decisions and market trends affect employees and organizational objectives.Adaptability: Effectively supports changing priorities and global teams across different time zones.Judgment: Applies sound judgment when working with confidential data, compliance requirements, and compensation decisions.Organization: Maintains accurate records and effectively manages competing priorities while delivering high-quality results.Continuous Improvement: Identifies opportunities to improve compensation processes, tools, data quality, and stakeholder experience.How to Apply:To apply for this position, please click the "Apply" button at the top right of your screen. Alternatively, you can email your application to info@ssgresume.com. Please ensure to include your resume and any other relevant documents or information that showcase your qualifications and suitability for the role. We appreciate your interest in joining our team and look forward to reviewing your application.Company Overview:Company Industry: Telecommunications Location: Shakopee, MNEqual Opportunity Employer Statement:Search Solution Group is an Equal Opportunity Employer committed to fostering an inclusive workplace where diversity is valued and respected. We do not discriminate on the basis of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status in our hiring process or employment practices. We believe that a diverse workforce brings unique perspectives and strengths, driving innovation and growth. All employment decisions are based on qualifications, merit, and business needs. We welcome applicants from all backgrounds to apply and contribute to our team.Disclaimer:Please note that the job description provided is not exhaustive and is subject to change. Additional duties may be assigned as needed to meet the evolving needs of the organization and to ensure the successful completion of projects and objectives.