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Compensation Analyst

GROB
Posted 5 months ago, valid for 9 days
Location

Bluffton, MN 56518, US

Salary

Competitive

Contract type

Full Time

Life Insurance

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Sonic Summary

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  • The Compensation Analyst at GROB will design, implement, and maintain compensation programs to ensure fair and competitive pay structures.
  • Candidates should possess a Bachelor's degree in Human Resources, Business Administration, Finance, or a related field, along with a minimum of 2 years of experience in compensation analysis.
  • Key responsibilities include preparing job descriptions, designing compensation plans, and conducting market research to ensure competitive pay ranges.
  • The role requires strong analytical skills, proficiency in data analysis tools, and knowledge of compensation regulations, as well as excellent communication skills.
  • GROB offers a competitive salary and an excellent benefits package, including vacation, medical, dental, vision, and a 401K with company match.

The Compensation Analyst will be responsible for designing, implementing, and maintaining compensation programs to ensure fair and competitive pay structures within GROB. The ideal candidate will have a deep understanding of data analysis and compensation strategy and is knowledgeable about HR practices and laws affecting compensation.

 

Roles & Responsibilities:

  • Prepares and maintains job descriptions for each position in the organization and ensures the descriptions accurately reflect the work being performed by incumbents
  • Design and implement compensation plans that align with company objectives for recruitment and retention
  • Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position
  • Conduct research and analysis on market competitiveness, pay equity, and compensation trends
  • Ensure compliance with federal and state laws regarding compensation
  • Prepare reports summarizing compensation data and analysis trends
  • Work closely with HR and finance teams to create budgets for compensation programs and advise management on pay decisions
  • Gather data from various sources related to employee benefits including health, dental, vision, life, and retirement programs and analyze the collected data to identify trends, patterns, and areas for improvement in employee benefit programs
  • Performs other related duties as assigned.

Education & Experience Requirements:

  • Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field
  • Minimum of 2 years prior experience in compensation analysis preferred
  • Knowledge of SuccessFactors software is a plus

General Requirements:

  • Strong analytical skills, proficiency in data analysis tools, and knowledge of compensation regulations are essential
  • Excellent oral and written communication skills
  • Ability to work with confidential and sensitive information in a discrete and professional manner
  • Ability to effectively work with employees at all levels of the organization
  • Proficient in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint)
  • Willing to work overtime, if necessary
  • This position requires work to be done in person and onsite

 

GROB offers a competitive wage as well as an excellent benefit package including vacation, medical, dental, vision, prescription drug, STD, Life insurance, and 401K with company match

Application Information

Applicants will receive consideration for employment without regard to race, color, age, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.




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