Compensation Analyst

Aston Carter - Rochester, MN

Full-time - Entry Level

Remote - Rochester, MN

Administrative and Support Services

About the position

The Compensation Analyst role involves conducting market research and analysis to determine competitive compensation packages, ensuring internal equity and external competitiveness. The analyst will participate in salary surveys, prepare compensation reports, and provide insights on compensation trends while ensuring compliance with relevant regulations. This position requires collaboration with HR, finance, and management teams to develop and implement effective compensation strategies.

Responsibilities

• Conduct market research and analysis to determine competitive compensation packages.
• Evaluate job positions to ensure internal equity and external competitiveness.
• Participate in and analyze salary surveys to gather data on compensation trends and practices.
• Prepare and present compensation reports and recommendations to management.
• Provide insights on compensation trends and issues.
• Ensure compensation practices comply with federal, state, and local regulations.
• Stay updated on compensation-related legislation and best practices.
• Work closely with HR, finance, and management teams to develop and implement compensation strategies and programs.

Requirements

• Salary survey participation
• Market pricing jobs
• Job architecture
• Annual salary adjustment processing