Total Rewards and Compensation Analyst

$75,000 - $85,000/Yr

Primesoft - New York, NY

Full-time - Mid Level

Remote - New York, NY

Professional, Scientific, and Technical Services

About the position

The Total Rewards Analyst at Primesoft Inc. will support the Total Rewards function, focusing on compensation, benefits, and recognition. This role involves conducting competitive compensation analysis, modeling, and research to ensure market competitiveness and pay equity. The analyst will also assist in annual compensation planning processes and develop communication materials related to compensation programs.

Responsibilities

• Participate in and analyze salary survey data to ensure current pay practices are market competitive and support pay equity.
• Provide support for the annual compensation planning processes including salary structure update, merit increases, annual incentive and equity awards.
• Refine compensation processes, leveraging best practices and operational efficiencies.
• Create and support the development of compensation communication and training materials.
• Develop reports, dashboards, and metrics to identify key trends and develop recommendations for improvements to compensation programs where appropriate.
• Partner with HR business leaders and Talent Acquisition team to conduct job evaluations and market pricing on an ongoing basis and consult regarding incumbent and new hire pay decisions.
• Evaluate positions using established evaluation systems, and approve job titles, levels, and FLSA classifications.
• Administer Long-Term RSU and PSU awards for all employees & Directors.
• Provide support for M&A-related compensation program transition.
• Support administration of Executive Compensation programs.
• Administer Board of Director Pay.
• Ensure compliance with government regulations.
• Coordinate Annual Benefits Renewal Process and Open Enrollment.
• Support implementation of new Benefit plan vendors.
• Participate in 401K Committee and Quarterly Meetings.
• Support administration and communication of plan changes.
• Coordinate annual 401K Plan Audit and Filing of 5500 documents.
• Respond to ad hoc requests from internal Audit, external auditors, SOX, Risk Team and other internal stakeholders.
• Participate in risk review and audit process by preparing and presenting accurate documentation.

Requirements

• Bachelor's degree in HR, Business Administration, Finance, or related field or equivalent experience.
• 3-5 years of experience in Compensation & Benefits.
• Professional Human Resources or Compensation certification a plus (SHRM-SCP, SHRM-CP, SPHR, PHR, CCP, CBP, etc.).
• Working knowledge of industry-standard tools including survey platforms (Aon McLagan, Mercer, Willis Towers Watson, etc.).
• Excellent communication skills to effectively communicate complex information.
• Advanced problem-solving skills with the ability to think analytically, creatively and strategically.
• Demonstrated ability to perform thorough, quantitative, and qualitative analyses using applicable technology tools.
• Demonstrated ability to project manage cross-functional initiatives that deliver results, using collaboration and influencing skills.
• In-depth knowledge of compensation principles, market trends, and regulatory requirements and ability to communicate those to key stakeholders.
• Ability to perform independent in-depth analysis using strong mathematical/quantitative reasoning skills.
• Ability to maintain confidentiality and a professional demeanor in a dynamic work environment that often requires management of multiple priorities.
• Excellent verbal, written, and interpersonal skills.
• Strong PC skills (Excel, Word, PowerPoint) proficiency required.

Nice-to-haves

• Experience with SOX compliance.

Benefits

• 401(k)
• Life insurance