Compensation Analyst

  • Location
    New York, New York
  • Salary
    $ 40 - $ 50 / Hour
  • Category
    Education, Human Resources, Training - Payroll / Benefits

Compensation Analyst



Under direction, processes standard compensation transactions, performs job analysis, assists with salary survey submissions and studies & analyses on matters related to internal Compensation programs; and performs related duties as required. Excellent analytical skills and ability to use Microsoft Excel as an analytical tool.


Essential Job Responsibilities:

  • HR Transactions Processing – Monitor shared mailbox and approve standard transactions in HCM.  Obtain information from field HR team regarding non-standard transactions and present to Corporate Compensation team.
  • Compensation Planning Technology – Update & maintain compensation planning tools.  Assist in technology upgrades and migrations.
  • Job Evaluations- Perform job evaluations and provide analysis and information to Corporate Compensation team to maintain competitive market position within the Company guidelines.
  • Salary Surveys - Gather internal data for annual submissions to surveys.  Assist with the timely submission of data and responding to inquiries from survey companies.
  • Spot Bonus Program- Administer the Company’s spot bonus program including monitoring budget spend and generating monthly reports for HR.
  • Data Audits – Audit Workday HCM system to ensure compensation-related changes are made correctly.  Investigate & resolve discrepancies.
  • Annual Compensation Processes - Assist in administration of Company base pay and bonus programs including annual focal merit and bonus cycles.
  • Adhoc Reporting- Generate reports from various compensation systems as needed.
  • Additional Responsibilities – Participate in departmental initiatives and complete projects as assigned.
  • Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice

    Knowledge, Skills and Abilities:

  • Demonstrated intermediate Excel skills.
  • Demonstrated knowledge of basic compensation concepts, such as FLSA, market movement and compression and understanding of how these factor into analyses.
  • Strong analytical skills, attention to detail, demonstrated ability to maintain a high degree of accuracy, skilled in manipulating data, ability to work in a deadline driven environment.
  • Ability to communicate findings and insights to a variety of audiences.
  • Ability to prioritize and manage multiple tasks/projects at once.
  • Ability to work on problems of diverse scope where analysis of data requires evaluation.
  • Demonstrates good judgment in selecting methods and techniques for identifying solutions.
  • Excellent written and verbal communication skills
  • Ability to maintain a high degree of sensitivity and exercise discretion in regard to confidential material.

    Experience and Education:

    Experience:        2-3 years’ experience as a compensation analyst

    Education:           Bachelor’s degree in business administration, statistics, mathematics or related discipline or equivalent experience




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    Reference number US_EN_99_170821_1794202