Compensation Analyst
Grob-Werke Gmbh & Co. Kg
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.
- 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
- 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
Vacancy posted more than 2 months ago
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