Compensation Analyst - Hybrid

Acosta Group - Chesterfield, MO

Full-time

Chesterfield, MO

About the position

The Compensation Analyst plays a crucial role in managing and analyzing compensation activities within a fast-paced, collaborative team environment. This position involves consulting with leaders and HR Business Partners on various compensation-related matters, ensuring compliance with wage laws, and providing essential compensation reporting. The Analyst is responsible for data management, market monitoring, job pricing, and other analytical projects that support the company's compensation philosophy.

Responsibilities

• Provides consultation and recommendations for offers of employment, promotions, and various other compensation related transactions to support Partners and Leaders.
• Conducts ongoing compensation modeling and statistical/financial reporting and analysis for various compensation programs.
• Serves as an advocate of compensation and educates Partners on how to carry that forward with the business they support.
• Evaluates new positions and provides recommendations to HR Business Partner, consulting and collaborating with HR Business Partners and Business Leaders to understand team and role structures.
• Conducts analysis of compensation related data across multiple systems to benchmark against industry practices and conducts cost/benefit analysis.
• Ensures compliance with applicable federal, state, and local wage laws, keeping abreast of regulatory changes and updating key stakeholders.
• Develops and maintains resources for HR and Talent Partners to access key compensation resources, including job descriptions and guidelines.
• Responsible for the creation and maintenance of the job code table in HRIS, ensuring consistent formatting, quality, completeness, and leveling.
• Identifies opportunities to continuously improve tools and streamline processes to increase efficiency of compensation planning efforts.
• Responds to compensation surveys by deadlines and updates the third-party compensation survey tool.
• Assists in the administration of the Merit and Bonus processes.
• Meets the physical requirements as listed.

Requirements

• Bachelor's Degree
• 4 years of Human Resources experience demonstrating strong analysis or 2 years of compensation analysis and administration experience
• Prefer experience in compensation analysis
• Excellent Excel, PowerPoint, and Word skills, including pivot tables, vlookups, formulas, and indexing
• Strong analytical and problem-solving skills
• Good verbal and written communication skills
• Ability to create graphic presentations of data analysis
• Ability to handle several assignments simultaneously and comply with deadlines
• Ability to operate a calculator, computer, printer, fax machine, telephone, copier, and shredder.