Compensation Analyst

$95,000 - $115,000/Yr

Adecco - Newington, NH

Full-time

Newington, NH

Administrative and Support Services

About the position

The Compensation Analyst will play a crucial role in analyzing and managing compensation programs to ensure they are competitive, fair, and aligned with the company's strategic goals. This position requires a strong understanding of compensation practices and principles, as well as the ability to conduct market pricing studies and analyze compensation data to provide insights and recommendations to HR leadership.

Responsibilities

• Design, implement, and manage compensation programs including base pay, incentives, bonus and sales plans, and equity plans.
• Conduct market pricing and benchmarking studies to ensure competitive compensation packages.
• Analyze compensation data and trends to provide insights and recommendations to HR leadership.
• Conduct job evaluations and maintain job descriptions to ensure proper classification and compensation of roles.
• Participate in salary surveys as required.
• Ensure compensation practices comply with federal, state, and local regulations and company policies.
• Utilize UKG/HRIS technology to manage compensation processes, including data input, reporting, and analysis.
• Coordinate the annual salary review and bonus process, including merit increases and promotions.
• Generate and analyze compensation reports to support decision-making and identify trends, risks, and opportunities for improvement.
• Partner with HR Business Partners, Finance, and departmental leaders to align compensation strategies with business objectives.

Requirements

• Bachelor's degree
• Three (3) to seven (7) years of experience in multi-state compensation analysis
• Ability to identify issues and develop effective solutions in a timely manner
• Proficiency in compensation tools, MS Office products, and HRIS systems
• Strong understanding of compensation principles, market pricing, job evaluation methods, and compliance requirements
• Excellent data analysis skills with the ability to interpret complex data and make informed decisions
• High level of accuracy and attention to detail in all aspects of work

Nice-to-haves

• CCP, CMS, GRP or similar certification preferred

Benefits

• Competitive salary range of $95,000 to $115,000 per year
• Hybrid work option (3 days in office, 2 days remote)