Compensation Analyst I

$70,000 - $85,000/Yr

Ducommun - Costa Mesa, CA

posted 3 months ago

Full-time - Entry Level
Costa Mesa, CA
Electrical Equipment, Appliance, and Component Manufacturing

About the position

The Compensation Analyst I will play a crucial role in analyzing, designing, and administering compensation programs within the HR shared services team. This position requires a detail-oriented and analytical individual who will interface with various levels of HR and corporate personnel, contributing to the company's recruiting, retention, employee engagement, and performance objectives.

Responsibilities

  • Administers compensation programs and day-to-day activities that align with the company's objectives.
  • Manages and evaluates existing jobs; develops and maintains job descriptions and job architecture.
  • Conducts research and analysis on market competitiveness, pay equity, pay adjustments, and compensation trends.
  • Performs job evaluations and classifications, equity reviews, market pay review, grade and pay structure updates, and other related compensation duties.
  • Participates in market studies and surveys.
  • Ensures plans, programs, and processes are administered consistent with company policies and applicable federal and state laws.
  • Maintains professional knowledge and awareness of legislative updates.
  • Communicates, educates, and interfaces with multiple levels within the organization regarding compensation policies and procedures.
  • Fields compensation questions from HR team members, business partners, and leaders.
  • Conducts training and education sessions.
  • Proactively identifies new tool and process improvements to address changing business needs.
  • Leads compensation projects and implementations.
  • Maintains and updates standard work procedures and documentation.
  • Performs other duties as assigned including participation in team projects and committees; supports other HR Shared Services departments such as HRIS, benefits, and corporate initiatives.

Requirements

  • Strong knowledge of benefits programs: health, welfare, retirement, leave of absence, wellness programs.
  • Knowledge of HR fundamentals, with a focus on total rewards and HRIS programs.
  • Understanding and application of total rewards laws and legislation.
  • Strong project management skills.
  • Ability to manage multiple projects concurrently in a fast-paced environment; works with a sense of urgency.
  • High level of attention to detail and accuracy; able to keep organized and focused while managing large amounts of data/inputs.
  • Experience with HRIS systems; ADP Enterprise preferred.
  • Proficient in all Microsoft and Outlook programs; highly proficient in Microsoft Excel.
  • Experience building reports, charts, presentations, and dashboards; ability to edit reports/presentations according to business needs.
  • Strong critical thinking, data analysis skills, business acumen and good judgment.
  • Strong written, verbal, and presentation skills; ability to articulate complex ideas in a simple manner and effectively communicate among all levels within the organization.
  • Proactive and solutions driven.
  • Understanding of confidentiality within the HR and Payroll Department.

Nice-to-haves

  • CBP, CCP, and/or SPHR certifications preferred.

Benefits

  • Salary range of USD 70,000.00 - 85,000.00
  • Equal Opportunity Employer for Veterans/Disabled.
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