My client in Morris County, NJ is looking to hire a Compensation Analyst.
Responsibilities:
- Collaborate with HR Business Partners and Recruiting staff to conduct job evaluations, market pricing, and create new jobs within the HCM system (Workday).
- Serve as the technical project lead for the merit and bonus review process, providing support to HR as needed.
- Assess and analyze compensation programs, making recommendations to ensure effectiveness and timely execution.
- Analyze compensation-related transactions to ensure compliance with established compensation programs.
- Conduct in-depth analyses of base and variable pay.
- Participate in the third-party salary survey submission process to accurately assess the relevant salary market and maintain the company's competitive compensation position.
- Monitor and maintain the integrity of compensation-related data in the HCM (Workday) platform.
- Assist in developing, implementing, and administering compensation policies and programs.
- Support Executive Compensation activities, including participant eligibility, reporting, and program communication.
Qualifications:
- Bachelor's degree or equivalent work experience.
- 3-5 years of experience in Compensation.
- Working towards Certified Compensation Professional (CCP) certification is strongly desired.
- Strong Microsoft Excel skills.
- Strong analytical skills.
- Ability to work under pressure and meet tight deadlines.
- Ability to manage multiple tasks and projects simultaneously.
- Detail-oriented with strong organizational skills.
- Strong interpersonal skills with the ability to work effectively in a team environment.
- Ability to handle confidential and sensitive information with discretion.
- Strong verbal and written communication skills.
- Excellent technical understanding; knowledge of Workday preferred.
- Experience with the Radford Comp Database, Mercer Salary Data, and ERI (Economics Research Institute) is a plus.