Compensation and Benefits Analyst
Phoenix Pro Connect is supporting our client in a great industry by recruiting a talented and detail-oriented Compensation and Benefits Analyst. This role will drive competitive compensation strategies, administer benefits programs, and conduct equity reviews. The ideal candidate will have expertise in employee contribution calculations and data reconciliation and experience with advanced tools such as Excel and Workday. We are looking for someone with 3+ years of compensation analysis experience, ideally within the hospitality or luxury travel sectors.
Key Responsibilities:
Compensation Strategy & Analysis:
- Conduct market benchmarking and ensure internal pay equity across multiple roles and regions.
- Analyze compensation trends and recommend salary adjustments, bonuses, and other incentives to align with business goals.
- Support the administration of equity-based compensation programs such as stock options and performance-based bonuses.
- Collaborate with HR and leadership to develop compensation frameworks that attract, retain, and reward high-performing talent.
Benefits Administration & Compliance:
- Manage and administer employee benefits programs (healthcare, wellness, and retirement plans).
- Calculate employee contributions and perform regular reconciliations to ensure payroll and benefits accuracy.
- Monitor benefits usage trends and identify opportunities for cost optimization.
- Ensure compliance with labor laws and tax regulations across various regions.
Data Management & Reporting:
- Use advanced Excel skills (pivot tables, VLOOKUPs, and financial modeling) to analyze data and generate reports.
- Prepare dashboards and reports on compensation and benefits trends to assist leadership in decision-making.
- Maintain accurate employee data in Workday or a similar HRIS system to ensure seamless program administration.
- Collaborate with Finance and HR teams on budgeting, salary planning, and headcount forecasting.
Collaboration & Continuous Improvement:
- Partner with cross-functional teams, including HR, Legal, and Finance, to enhance compensation processes and align them with business goals.
- Identify and implement process improvements and automation to streamline workflows.
- Provide guidance and support to employees on compensation and benefits inquiries.
- Participate in audits to ensure compliance with internal controls and external regulatory standards.
Qualifications:
- Bachelor's degree in Human Resources, Finance, Business Administration, or related field.
- 3+ years of experience in compensation and benefits analysis.
- Proficiency in Workday or similar HRIS platforms.
- Advanced Excel skills (pivot tables, VLOOKUPs, financial modeling) required.
- Strong analytical and problem-solving skills, with high attention to detail and the ability to manage multiple projects.
- Excellent communication skills to collaborate across teams and provide clear, actionable insights.
Preferred Qualifications:
- Certification in Compensation (CCP) or Benefits (CBP) is highly desirable.
- Experience administering equity-based compensation programs.