Job Description

Compensation analysts work with human resource and operations professionals to perform a series of functions that ensure the company offers competitive compensation levels to attract and retain talent.
At its core, the compensation analyst administers the company's business unit-specific variable pay programs.
The work is ongoing, since the compensation analyst is responsible for reviewing and updating existing pay programs and developing new pay programs.
In this review process, the compensation analyst observes the pay process, takes note of any inefficiencies or areas in need of improvement, prepares improvement recommendations along with supporting evidence.
Compensation analysts work closely with human resource staff to collect job data and consistently manage the job-leveling process.
The compensation analyst also prices jobs using market data and internal data to ensure consistency in the pay structure across the entire organization.
To fulfill these responsibilities, compensation analysts often participate in and conduct wage surveys.
3 - 7 years of experience.

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