Compensation Analyst

Job Description

Why is This a Great Opportunity?

This contract opportunity offers the chance to make a meaningful impact on enterprise-wide compensation programs, job architecture initiatives, and workforce planning efforts. The role provides exposure to a variety of compensation functions, including market pricing, job evaluation, compensation administration, budgeting support, and HR systems management.

The ideal candidate will have the opportunity to collaborate with HR and business leaders while helping drive consistency, compliance, and data-driven compensation decisions. This position is well-suited for a compensation professional who enjoys
balancing analytical work with process improvement and project-based initiatives.

Job Description:

The Compensation Analyst Contractor will support a broad range of compensation and job architecture initiatives, ensuring consistency, accuracy, and compliance across compensation programs and organizational structures. This role will partner with HR and business stakeholders to evaluate positions, maintain job documentation, support compensation processes, and administer
compensation-related activities within HR systems.

Key Responsibilities
• Lead job description review and standardization initiatives utilizing established job architecture frameworks and available technology tools
• Create, update, and maintain standardized job descriptions across job families and organizational levels
• Develop consistent job summaries, duties and responsibilities, qualifications, and knowledge, skills, and abilities (KSAs)
• Review and update job description templates to ensure alignment with organizational standards
• Conduct job description audits and maintain documentation consistency across departments
• Evaluate Job Analysis Questionnaires and provide recommendations regarding market adjustments, promotions, and job classifications
• Conduct market pricing analyses and provide compensation recommendations based on market data and internal equity considerations
• Support annual compensation planning activities, including merit review cycles and labor budget planning
• Perform testing, reporting, and audit activities related to compensation programs and HR systems
• Generate compensation change documentation and employee communications as needed
• Maintain compensation-related data within Workday and other HR systems
• Process contractor lifecycle transactions, including hires, extensions, and terminations
• Support incentive program administration and eligibility assignments
• Respond to day-to-day compensation inquiries and requests from HR and business leaders
• Prepare reports, analyses, and recommendations to support compensation decision-making
• Assist with special projects and other compensation-related initiatives as assigned

Qualifications:

Education & Experience
• Bachelor's degree in Human Resources, Business Administration, Finance, Accounting, or a related field preferred
• Equivalent combination of education and relevant experience will be considered
• 1-3 years of professional compensation, human resources, finance, or related analytical experience
• Experience supporting compensation programs, job evaluations, or organizational design initiatives preferred

Technical Skills
• Experience conducting job description reviews, audits, and maintenance
• Knowledge of FLSA exemption classifications and compensation administration principles
• Experience performing market pricing analyses and developing compensation recommendations
• Advanced proficiency in Microsoft Excel and Google Sheets, including Pivot Tables, VLOOKUPs, and data analysis functions
• Experience working with HRIS platforms; Workday experience preferred
• Strong reporting, auditing, and data management skills

Professional Skills
• Strong analytical and problem-solving abilities
• Excellent attention to detail and commitment to accuracy
• Ability to interpret and communicate compensation-related information clearly and effectively
• Strong organizational skills with the ability to manage multiple priorities and deadlines
• Effective written and verbal communication skills
• Ability to handle confidential information with discretion and professionalism
• Collaborative approach with the ability to work effectively across departments and organizational levels
• Self-motivated with a continuous improvement mindset

This role is ideal for a detail-oriented compensation professional who enjoys leveraging data, supporting strategic compensation initiatives, and helping create consistent, equitable compensation practices across an organization.

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