Compensation Analyst

Compensation PartnerThe Compensation Partner performs activities necessary to support NFI's Compensation programs including but not limited to: providing data to the business to support pay decisions and initiatives, analyzing data, completing various audits, and supporting NFI's various merit increase cycles. This role will participate in various cross-functional projects, collaborating with all HR centers of excellence as well as areas of the business outside of the Human Resources team. This position will report to the Compensation Manager.Required Skills & Experience Administered of compensation programs and plans according to established policies and procedures.Support business growth by providing estimated pay rates to be used in responses to Requests for Proposal (RFPs), allowing NFI to communicate costs of labor to customers.Complete data reporting and analysis of employee and market rates of pay. Complete comprehensive Compensation Analysis independently.Perform routine audits of key data sets such as employee pay, job classifications, and the structure of different teams. Build and maintain job architectures. Maintains the library of all NFI job descriptions.Develop and facilitate training materials to communicate NFI's compensation strategy internally.Engage with the business to provide solutions and guidance in making business decisions.Maintain Compensation resources to ensure all materials are up to date and clearly communicated, as well as maintaining the housing of these materials on an internal website.Participate in various market data surveys with job matching and utilize returned data to make strategic pay decisions.Monitor the various compensation legal requirements and provide support to ensure compliance.Assist the Compensation Manager in key compensation projects. Provides support when necessary and participates in other projects as requested by management.Oversee merit salary planning for anniversary-based performance and merit reviews.Responsible for job creation and attaching salary ranges to roles within HRIS.Support the annual Merit Salary Planning cycle.A BA or BS Degree with a focus in Human Resources, Finance, or EconomicsA minimum of 5-6 years of experience working in Human Resources, Compensation, Finance, or other relevant work.Knowledge of the Compensation function strongly preferredAbility to manage multiple projects under tight deadlines, efficiently and on time.Ability to read and interpret surveys and salary reportsStrong Microsoft Excel skills with proficient use of formulas and analysis requiredExperience working in Google Applications and MS Office ApplicationsExperience in creating and working with market dataExperience in creating data analysis and presentations with insights and recommendationsNice to Have Skills & Experience Creative problem solving skillsDemonstrated leadership ability, with the ability to engage and motivate othersStrong Analytical skills with capability to translate complex data sets of information.Excellent communication, interpersonal and organizational skillsAbility to balance multiple projects and initiatives while executing resultsMust be a self-starter who works independently while contributing to the team goalsStrong desire to learnExperience with and/or a willingness to learn Compensation fundamentals.Exposure to HR Information Systems such as UKG, Workday, etc