Location
Secaucus, NJ
Salary
Not specified
Type
fulltime
Posted
Today
Job Description
Position Overview:
Our client is seeking a detail-oriented
Compensation Analyst
with 3-5 years of experience to support the design, administration, and analysis of compensation programs across the organization. This role will play a key part in evaluating salary recommendations, ensuring compliance with wage and hour regulations, conducting market pricing activities, and supporting various compensation-related projects. The ideal candidate will possess strong analytical skills, advanced Excel capabilities, and experience working with compensation tools such as
Salary.com
and HRIS systems.
Key Responsibilities
- Review and analyze salary recommendations for new hires, promotions, transfers, and internal equity adjustments.
- Partner with HR and business leaders to ensure compensation decisions align with company pay philosophy and market competitiveness.
- Conduct market pricing and benchmark positions using salary survey data and compensation resources including
Salary.com
.
- Participate in compensation surveys and analyze external market data to support pay decisions.
- Monitor and ensure compliance with federal, state, and local wage and hour laws and regulations.
- Assist with the development, implementation, and maintenance of compensation programs, salary structures, and pay designs.
- Support annual compensation processes including salary planning, merit increases, and market adjustments.
- Analyze compensation data, identify trends, and provide insights and recommendations to management.
- Maintain compensation records and reporting within
HRIS
.
- Create complex reports, models, and compensation analyses utilizing advanced Excel functions.
- Support special compensation projects, process improvements, organizational initiatives, and ad hoc analysis as needed.
- Collaborate with HR, Finance, and business stakeholders on compensation-related matters.
Qualifications
- Bachelor's degree in Human Resources, Finance, Business Administration, or a related field.
- 3-5 years of compensation analysis experience.
- Experience using
Salary.com
for job benchmarking, market pricing, and compensation analysis.
- Experience working with HRIS preferred.
- Strong knowledge of compensation principles, salary structures, job evaluations, and market pricing methodologies.
- Understanding of wage and hour regulations, including FLSA classification and compliance requirements.
- Advanced proficiency in Microsoft Excel, including PivotTables, VLOOKUP/XLOOKUP, data analysis, and reporting.
- Strong analytical, problem-solving, and organizational skills.
- Excellent communication skills with the ability to present compensation recommendations to stakeholders.
- Ability to manage multiple priorities and projects in a fast-paced environment.
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