Employee Total Rewards Analyst

Job Description

Job Description

MOVE YOUR CAREER IN THE RIGHT DIRECTION!

The Arrow Financial Corporation family of companies is seeking a HR professional with experience to join our Employee Total Rewards team as a

Employee Total Rewards Analyst

If you bring experience in compensation and benefits analysis, including experience with benchmarking and stock-based compensation, this opportunity may be an excellent fit for you. We’re seeking an Employee Total Rewards Analyst who can combine analytical expertise with strategic insight to help shape and support our employee total rewards programs. This position is located onsite at 250 Glen Street in Glens Falls NY.

The Employee Total Rewards Analyst plays an important role in designing, evaluating, and managing competitive compensation and benefits programs that attract, motivate, and retain top talent within the organization. This position involves conducting comprehensive market research and data analysis to ensure the company’s pay structures and benefits offerings are aligned with industry standards and regulatory requirements. This position will collaborate closely with the Employee Total Rewards team to develop strategies that support organizational goals and employee satisfaction. They will also be responsible for monitoring trends, preparing detailed reports, and recommending adjustments to maintain equity and competitiveness. Ultimately, this role ensures that compensation and benefits programs contribute to a positive employee experience and support the company’s overall business objectives.

ESSENTIAL JOB FUNCTIONS:

• Support the development, implementation, and administration of compensation programs, including base pay, incentive plans, and equity-based compensation.

• Develop, maintain, and analyze compensation and benefits reports, dashboards, and presentations for leadership.

• Conduct detailed market benchmarking and salary surveys to analyze compensation trends and ensure competitive pay structures.

• Oversee stock option and equity plan administration, including tracking grants, vesting schedules, and employee communication, in compliance with company policies and applicable regulations.

• Monitor internal pay equity by conducting regular audits and analysis of employee job levels and duties to maintain fairness and consistency across the organization.

• Assist with benefits analysis and administration, including retirement plans, health and welfare programs, and vendor coordination.

• Ensure compliance with federal, state, and local laws and regulations related to compensation and benefits (e.g. FLSA, ERISA, ACA), as well as internal policies and audit requirements.

• Support annual processes such as annual salary review, employee bonus, open enrollment, and total rewards communication.

• Stay current with legislative changes and industry best practices related to compensation and benefits.

• Contribute to additional projects and initiatives, as needed, to support the Employee Total Rewards Team.

QUALIFICATIONS:

Education/Certifications:

• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field.

• At least 3 years of experience in compensation and benefits analysis or a similar HR role.

• Strong knowledge of compensation structures, benefits programs, and relevant labor laws in the United States.

• Proficiency in data analysis tools and HR information systems (HRIS).

• Excellent communication and presentation skills.

• Professional certification such as (PHR), Certified Compensation Professional (CCP) or Certified Employee Benefit Specialist (CEBS).

Skills/Knowledge:

• Strong analytical skills.

• Proficiency in data analysis tools such as Excel, SQL, or statistical software.

• Knowledge of compensation laws and regulations applicable in the United States.

• Excellent communication skills with the ability to present complex data clearly to diverse audiences.

• Strong organizational and prioritization Skills

PHYSICAL DEMANDS AND WORK ENVIRONMENT:

• Must be able to sit for prolonged periods of time and walk/stand for brief periods of time.

• Must be able to repetitively use a telephone and computer mouse and keyboard.

• Ability to lift/move up to 15 lbs.

Reasonable accommodation(s) will be provided as required by law to enable qualified individuals to perform the essential functions of the job.

We are an Equal Opportunity Employer. Our philosophy and practice are to provide equal opportunity to all employees and applicants for employment without regard to race (including traits historically associated with race), color, religion, creed, gender, sex, pregnancy (including childbirth and related conditions), sexual orientation, gender identity or expression, status of being transgender, national origin, age, disability, genetic information, predisposing genetic characteristics or carrier status, marital status, familial status, amnesty, status as a victim of domestic violence, reproductive health decision making, citizenship or immigration status, prior convictions or arrests, military status, status as a protected veteran, known relationship or association with any member of a protected class, or any other federal, state, or local legally protected classes. As a multi-bank holding company, Arrow Financial Corporation has over $4 billion in assets. Through our subsidiaries we provide a broad range of banking and insurance services across northeastern New York, including online and mobile banking, wealth management, money market and deposit accounts, and mortgage, consumer and commercial loans.

We are committed to delivering value for our shareholders, our customers, and our communities. Our conservative business model and strategy of steady growth have resulted in many recognitions from the nation’s leading publications and bank-rating firms.

The pay range for this position is $80,000 - $100,000 annually commensurate with experience and education. Additional compensation may be earned through the Company’s annual bonus and incentive programs, subject to individual and company performance.

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