Compensation Analyst

Fox Rothschild Llp - Wilmington, DE

Full-time

Wilmington, DE

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Compensation Analyst at Fox Rothschild LLP plays a crucial role in the Talent Management Department by overseeing the development, administration, and communication of compensation policies and programs. This position is responsible for ensuring that compensation practices are competitive, equitable, and compliant with legal standards, while also supporting the firm's strategic goals.

Responsibilities

• Perform job evaluations and recommend appropriate pay actions.
• Participate in and organize compensation surveys to support the Firm's business objectives.
• Gather and conduct comprehensive survey data analytics to market price positions accurately.
• Advise management on FLSA, EEO classifications, and compliance issues.
• Assist with the annual compensation review process, including compiling timelines and necessary communications.
• Advise supervisors on final compensation processes and coordinate HRIS/payroll actions.
• Monitor the effectiveness of existing compensation policies and recommend cost-effective changes.
• Partner with HR and management to compose and update job descriptions accurately.
• Participate in the configuration and implementation of UKGPro Compensation module.
• Analyze compensation levels to identify potential inequities based on various factors.
• Work with HR to address compensation-related issues.
• Evaluate market trends to recommend adjustments to compensation policies and programs.
• Stay informed about compensation laws and regulations to ensure compliance.
• Identify industry changes and recommend enhancements to compensation practices.
• Make recommendations to streamline and automate compensation processes.

Requirements

• Bachelor's degree in business administration or human resources or equivalent work experience.
• Minimum of 4 years of human resources and/or compensation related experience, preferably in a law firm.
• Proven analytical, mathematical/statistical, problem-solving, organizational, and project management skills.
• Knowledge of current Federal, State, and local compensation laws and regulations.
• Strong understanding of compensation practices and trends.
• Experience in supporting day-to-day compensation functions.
• Strong proficiency in MS Excel and Word, with the ability to manipulate data from HRIS.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Exceptional interpersonal skills and ability to handle sensitive confidential information.
• Strong attention to detail and excellent written and verbal communication skills.
• Excellent customer service orientation and a positive attitude.