Compensation Analyst

job
  • LHH
Job Summary
Location
,NJ
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
03 Feb 2025
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Job Description

My client in Morris County, NJ is looking to hire a Compensation Analyst. The opportunity is two days on site and three days from home.


Responsibilities:

  • Collaborate with HR Business Partners and Recruiting staff to conduct job evaluations, market pricing, and create new jobs within the HCM system (Workday).
  • Serve as the technical project lead for the merit and bonus review process, providing support to HR as needed.
  • Assess and analyze compensation programs, making recommendations to ensure effectiveness and timely execution.
  • Analyze compensation-related transactions to ensure compliance with established compensation programs.
  • Conduct in-depth analyses of base and variable pay.
  • Participate in the third-party salary survey submission process to accurately assess the relevant salary market and maintain the company's competitive compensation position.
  • Monitor and maintain the integrity of compensation-related data in the HCM (Workday) platform.
  • Assist in developing, implementing, and administering compensation policies and programs.
  • Support Executive Compensation activities, including participant eligibility, reporting, and program communication.

Qualifications:

  • Bachelor's degree or equivalent work experience.
  • 3-5 years of experience in Compensation.
  • Working towards Certified Compensation Professional (CCP) certification is strongly desired.
  • Strong Microsoft Excel skills.
  • Strong analytical skills.
  • Ability to work under pressure and meet tight deadlines.
  • Ability to manage multiple tasks and projects simultaneously.
  • Detail-oriented with strong organizational skills.
  • Strong interpersonal skills with the ability to work effectively in a team environment.
  • Ability to handle confidential and sensitive information with discretion.
  • Strong verbal and written communication skills.
  • Excellent technical understanding; knowledge of Workday preferred.
  • Experience with the Radford Comp Database, Mercer Salary Data, and ERI (Economics Research Institute) is a plus.

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