Compensation Analyst

Robert Half - Saddle Brook, NJ

Full-time - Mid Level

Saddle Brook, NJ

Administrative and Support Services

About the position

The Compensation Analyst role at Robert Half involves participating in the pharmaceutical industry with a focus on employee compensation tasks. This position is a long-term contract opportunity based in Saddle Brook, New Jersey, and is responsible for administering compensation programs, conducting analyses, and ensuring compliance with relevant laws and regulations.

Responsibilities

• Administering compensation programs and conducting compensation analysis.
• Contributing to the development and implementation of bonus programs.
• Participating in compensation surveys to collect and analyze competitive salary information to determine the company's competitive position.
• Assisting in budget processes and conducting compensation benchmarking.
• Utilizing Microsoft Excel and Excel Formulas for data analysis and management.
• Using HRMS and CRM systems to maintain accurate employee and compensation records.
• Working with Workday for compensation administration and data management.
• Performing annual compensation activities and ensuring compliance with laws and regulations.
• Leveraging skills in data analysis to derive insights from compensation data.
• Auditing compensation data and processes to ensure accuracy and consistency.

Requirements

• Minimum of 5 years of experience as a Compensation Analyst or in a similar role.
• Proficiency in Bonus Program management.
• Familiarity with Budget Processes.
• Strong skills in Compensation Analysis and Compensation Benchmarking.
• Experience in conducting Compensation Surveys and managing Compensation Administration.
• Proficiency in Microsoft Excel and Excel Formulas.
• Knowledge of Workday software is highly desirable.
• Strong Data Analysis skills.
• Experience in managing Annual Compensation.
• Ability to handle confidential information with discretion.
• Excellent communication and interpersonal skills.
• Bachelor's degree in Human Resources, Finance, or a related field is preferred.
• Proficient in Microsoft Office Suite, including Word and PowerPoint.
• Strong problem-solving skills and attention to detail.
• Proven ability to work independently and as part of a team.
• Strong organizational skills and the ability to manage multiple tasks simultaneously.
• Proven ability to meet deadlines in a fast-paced environment.
• Strong commitment to professional and ethical standards.

Nice-to-haves

• Knowledge of HRMS and CRM systems.

Benefits

• Medical insurance
• Vision insurance
• Dental insurance
• Life insurance
• Disability insurance
• 401(k) plan