Compensation and Benefits Anaylst

Compensation And Benefits Analyst

The Compensation and Benefits Analyst works under the supervision of the Director, Human Resources. The Analyst is responsible for daily administration and support of the company's compensation and benefits program. The Analyst works closely with Director, Human Resources to assist in developing, recommending and implementing approved, new, and modified benefit plans. This role involves analyzing market data, evaluating job roles, ensuring internal equity, and maintaining compliance with legal standards. The Analyst collaborates with HR and Finance teams to provide insights into and recommendations that enhance employee satisfaction and organizational effectiveness.

Primary Job Duties

The primary job duties include :

• Conduct salary benchmarking and market analysis to support compensation decisions.
• Evaluate job descriptions and classification to ensure appropriate compensation levels.
• Monitor compliance with federal, state and local compensation and benefits regulations.
• Prepare reports and dashboards to track compensation trends and benefits utilization.
• Ensures accuracy of benefits enrollments and payroll deductions. Collaborates with HRIS Analyst to ensure compensation and benefits accuracy. Resolve issues with benefit vendors, perform monthly audits to ensure billing accuracy and resolve any discrepancies.
• Assist employees with compensation and benefits questions, enrollment and qualified life events.
• Serves as primary HR support contact for one company, managing routine HR functions and ensuring alignment with company policies.

Additional responsibilities include :

The Analyst also demonstrates productivity, safety, attendance, punctuality, teamwork, mission and values, and confidentiality.

Job Specifications

The job specifications include :