Compensation Analyst

Job Description:

Performs staff support activities to develop, implement and administer compensation policies and programs. Audits jobs for content and prepares job descriptions reflecting job responsibilities, activities, duties and requirements. Develops and/or participates in compensation surveys to collect and analyze competitive salary information to determine company's competitive position. Reviews proposed salary adjustments for conformance to established guidelines, policies and practices. Recommends corrective or alternative actions to resolve compensation-related problems. Reviews requests for new or revised classifications to determine appropriate salary grade assignment. Formulates recommendations regarding development of company salary structure, FLSA exemptions, job revisions and organizational structures. Reviews existing and proposed statutory requirements governing compensation administration and recommends appropriate courses of action. May prepare special studies and recommendations on subjects such as incentive compensation, bonus plans, sales compensation or stock options. May include administration of executive, domestic and/or international programs. A seasoned, experienced professional with complete understating of principals, concepts, practices and standards. Works on problems of diverse scope where analysis of data requires evaluation of identifiable factors. Typically requires a degree and a minimum of 5 years of experience.