Compeer Financial - Sun Prairie, WI
posted 4 months ago
Compeer Financial is seeking a Compensation Analyst to join our dynamic team. This full-time position is responsible for the development, implementation, and administration of compensation programs, ensuring they align with organizational policies and market competitiveness. The role involves conducting thorough analyses of internal and external salary data, evaluating job classifications, and ensuring compliance with compensation practices. The Compensation Analyst will serve as a resource for team members and leaders, providing support to the Total Rewards team in administering various compensation and rewards programs. This position offers a hybrid work option, allowing for flexibility in work location, with the primary office based in Sun Prairie, WI, and additional locations in Naperville, IL, Mankato, MN, and Lakeville, MN. In this role, the Compensation Analyst will collaborate with department leaders and HR partners to conduct job analyses and evaluations for new and revised positions. Responsibilities include drafting and updating job descriptions, determining FLSA status, and participating in salary surveys to benchmark compensation programs. The analyst will also conduct market pricing using appropriate survey sources and recommend adjustments to compensation practices based on market competitive analysis. Additionally, the role involves analyzing and recommending compensation packages for job offers, ensuring alignment with internal equity and external market pricing. The Compensation Analyst will assist in designing and administering variable compensation programs, including short and long-term incentive plans, commission plans, and bonus structures.