Compensation Analyst

Published
January 9, 2021
Location
Houston, TX
Category
Job Type

Description

Compensation Analyst

GENERAL DESCRIPTION OF DUTIES:
Responsible for assisting with the administration of the compensation process, including but not limited to: salary survey participation, bonus plan administration, data management and analysis, proficient experience with Excel-based formulas, extensive v-look and pivot table knowledge, documentation maintenance, collaboration skills and ability to communicate well with peers and various levels of management. Works closely with HRIS and managers to address compensation issues, researches and recommends solutions, and prepares related analytical reports and analysis.

ESSENTIAL JOB FUNCTIONS INCLUDE:
• Leads compensation survey participation and results gathering to ensure we have the highest quality market data possible to benchmark our internal pay practice
• Administers bonus and merit programs utilizing spreadsheets and complex formulas
• Knowledge of Workday Advanced Compensation is preferred
• Performs audits of spreadsheet data to insure data integrity and consistency
• Responds to inquiries from employees and managers regarding compensation matters in a timely, accurate and service-oriented manner
• Collaborates with Total Rewards, HRBP, HRIS, IT, Payroll and employees in the administration of the compensation program, including facilitating training, attending meetings, following guidelines and processes, and exhibiting strong verbal and written communication abilities, etc.
• Participates in developing and maintaining documentation for all level of users
• May assist with long-term strategic compensation planning and design, and performing related analysis and reporting
• Exhibit judgment and discretion to determine access of sensitive data/information and handling appropriately

TEAMWORK AND COMMUNICATION:
• Acts as an integral member of the Total Rewards team, in support of the company values and goals
• Works in a collaborative fashion with the HR team and other departments
• Communicates effectively and proactively with peers, employees and managers
• Displays confidence in handling sensitive data

SKILLS:
• Expert-level proficiency with MS Excel and/or Google Sheets: formulas, pivot tables, v-lookup proficiency (required)
• Excellent organizational, verbal and written communication skills
• Ability to work cross-functionally with a variety of people to accomplish goals and support others
• Exceptional problem-solving skills with a strong attention to detail
• Keen ability to multitask and prioritize work deliverables as needs evolve
• Ability to convey technical information to non-technical users

MINIMUM QUALIFICATIONS:
• Bachelor's degree (HR, Accounting, Finance, Business)
• Three (3) - five (5) years Compensation experience required
• Demonstrated HR analytical experience and proficiency with spreadsheets and data management is required
• Proficiency in the following Workday areas a plus: Advanced Compensation, Workday Core HCM, Workday enterprise integration builder (EIB), calculated fields, condition rules and filters

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