Compensation Analyst II

$68,000 - $86,000/Yr

Waste Management - Bismarck, ND

posted about 2 months ago

Full-time - Mid Level
Remote - Bismarck, ND
Waste Management and Remediation Services

About the position

As a Compensation Analyst II at WM, you will provide moderately complex analytical support essential for the design, implementation, and evaluation of compensation programs across the organization. Your role will involve reviewing and analyzing compensation trends and competitive practices in relevant labor markets, ensuring that WM remains competitive in its compensation offerings. You will analyze HR data and prepare reports that provide management with accurate and timely information, working closely with HR and business partner teams to identify and address compensation issues. This includes conducting compensation-related assessments, making recommendations, and providing support to ensure that compensation programs are effectively administered. In this position, you will conduct market pricing activities, which include job matching, data analytics, benchmarking, and job pricing. You will analyze broad-based cash incentive compensation practices using third-party salary survey data management automation systems. Participation in compensation surveys on behalf of WM is also a key responsibility. You will maintain an online market survey and benchmarking tool, ensuring the accuracy of WM employee data and job matching. Additionally, you will partner with Human Resources Support to ensure that the Human Capital Management (HCM) system supports current compensation programs, assist with report generation to support business needs, and consult on system enhancements to improve Total Rewards and Compensation processes. Your responsibilities will also include assisting in annual and periodic reviews of market competitiveness for WM employees, maintaining WM job codes and job architecture, and participating in administrative processes to maintain the integrity of employee information and calculations housed in WM's salary planning and incentive programs. You will develop and maintain necessary documentation required for compensation processes and partner with other team members in administering compensation programs, including the annual salary planning process, incentive process, and salary range development. Training content development for HR partners and managers regarding compensation programs and practices will also be part of your duties. You will manage the department email inbox and respond to compensation-related requests, conducting audits as needed to ensure compliance with relevant laws and regulations, while maintaining required documentation for policies, procedures, controls, and plans.

Responsibilities

  • Conduct market pricing activities including job matching, data analytics, benchmarking, and job pricing.
  • Participate in compensation surveys on behalf of WM.
  • Maintain online market survey and benchmarking tool, ensuring data accuracy.
  • Partner with Human Resources Support to ensure the HCM system supports current compensation programs.
  • Assist in annual and periodic reviews of market competitiveness of WM employees.
  • Maintain WM job codes and job architecture.
  • Participate in administrative processes for maintaining employee information integrity.
  • Develop and maintain documentation required for compensation processes.
  • Administer compensation programs including annual salary planning and incentive processes.
  • Assist with content development and training of compensation programs for HR partners and managers.
  • Manage the department email inbox and respond to compensation-related requests.
  • Conduct audits to ensure compliance with relevant laws and regulations.

Requirements

  • High School Diploma Required
  • 4 years of work experience in Human Resources or Compensation Administration
  • 2 years of prior work experience in mid to large-sized companies

Nice-to-haves

  • Bachelor's Degree or equivalent experience in Human Resources, Business Administration, or similar area of study
  • Human Resources Certified Compensation Professional (CCP) WorldatWork

Benefits

  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Short Term Disability
  • Stock Purchase Plan
  • Company match on Pension
  • Paid Vacation
  • Paid Holidays
  • Personal Days
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