Compensation Analyst

Full Time
Spartanburg, SC 29302
Posted
Job description

Summary/Objective

The Compensation Analyst will oversee the various compensation programs and activities, including base pay, incentive pay, surveys, and analytics. Additional responsibilities include job revisions, market pricing, creating job banding, internal equity analysis, auditing, maintaining salary structures, and job banding.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Designs, evaluates, modifies and manages compensation policies and practices to ensure that programs are current, competitive and in compliance with legal requirements.
  • Manages recurring compensation projects such as incentive programs, annual merit, midyears.
  • Evaluates and assesses jobs and their respective duties to determine appropriate salary range.
  • Acts as reporting expert for human resources, creating and analyzing human resource data and providing information on trends and recommendations.
  • Responsible for the planning, design, analysis, and administration of compensation plans, programs, guidelines, and processes.
  • Provides analytical support, modeling, and analysis for base salary and incentive programs.
  • Analyzes the cost impact, compliance, and organizational implications of recommended compensation changes.
  • Manage and maintain compensation market data tool.
  • Partner with Talent Acquisition to ensure competitiveness and equity of offers and provide compensation recommendations for offers and new positions.
  • Conducts, prepares, analyzes, and maintains compensation surveys, summaries and benchmarks data against organization’s positions.
  • Conducts audits of ADP Workforce Now and CompXL to ensure information is accurate and up to date.
  • Creation of job banding structure for the organization.
  • Owns the set up and management of Analytical dashboard on ADP.
  • Ensures continuous improvement in work by assessing current processes and recommending improvements.
  • Keep abreast with new compensation trends and best practice in the field.
  • Develops and owns process regarding geo differential and partners with internal leaders.
  • Evaluates current compensation practices and proposes and recommends adjustments to pay structures and administrative processes.
  • Recommends revisions, and process enhancements that are cost effective and consistent with market trends, corporate compensation philosophy, best practices, and business strategy and objectives.

Qualifications

  • Minimum 3 years related work experience
  • HRIS experience with ADP Workforce Now
  • Knowledge of the Human Resources function and processes, system set up, interdependencies and data flow to track down data issues
  • Strong Microsoft office with excellent Excel and/or Microsoft Access skills

Required Competencies/Skills

  • Analytical and critical thinking skills, as well as problem solving skill to ensure system and data integrity
  • Able to work independently and prioritize as needed
  • Exceptional interpersonal and communications skills -- both verbal and written
  • Highly organized & detail/result oriented
  • Ability to multi-task
  • Must be flexible and adaptable within a team environment

Education

  • Bachelor’s degree in Human Resources or related field required.
  • SHRM-CP preferred.

Supervisory Responsibility

This position has no supervisory responsibilities.

Work Environment and Physical Demands

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, scanners and filing cabinets.

Position Type/Expected Hours of Work

This is a full-time position with a work schedule of Monday-Friday with some schedule variations as needed.

Travel

No travel expected for this position

EEO Statement

ACA provides equal employment opportunities (EEO) to all applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. ACA complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

#LI-EE1

Job Type: Full-time

Pay: $54,931.05 - $116,149.12 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Paid time off
  • Tuition reimbursement
  • Vision insurance

Schedule:

  • 8 hour shift

Ability to commute/relocate:

  • Spartanburg, SC 29302: Reliably commute or planning to relocate before starting work (Required)

Education:

  • Bachelor's (Required)

Experience:

  • HRIS: 1 year (Preferred)
  • Microsoft Excel: 3 years (Required)
  • Human resources: 1 year (Preferred)
  • ADP: 1 year (Preferred)

Work Location: One location

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