Compensation Analyst

Compensation Analyst

Requirements

• Bachelor’s degree in Business Administration, Human Resource Management, Finance, Economics or related field
• Minimum of 3 years recent and progressive Human Resources experience with a minimum of 1 year of Compensation experience including a focus on analysis, design and/or administration of compensation programs required
• Thorough knowledge of U.S. employment, wage and hour, and compensation laws and regulations
• Authorized to work in the US

Responsibilities

• Serves as subject matter expert, and record keeper for the Company’s compensation programs, job evaluation/grading, and other compensation analysis or market studies
• Plans and leads internal studies and market analyses on a variety of compensation-related subjects including job evaluation and pricing, base pay and incentive pay practices, and market studies to determine need and propose for changes in salary structures and salary increase budgets
• Supports and advises HR colleagues on compensation related projects including program design, analysis, budgeting, and implementation of new programs
• Work with HR Digital colleagues to ensure HRIS system meets compensation needs and is updated to reflect changes to job catalogue, pay incentive programs, etc.
• In coordination with Rewards leader, designs and maintains job catalogue and compensation plan documents, communications, and processes
• Reviews and finalizes job descriptions including the FLSA evaluations
• Performs job evaluation, job grading, benchmarking of positions/roles using external market data and internal comparators. Provides analysis and recommendations for pay levels and bands in support of the new hire process
• Advises HRBPs/HR Directors by developing and contributing job analysis/evaluation and market benchmarking information and recommendations to facilitate decision making
• Provide analytical support for business requests, compensation related projects, and audit requests
• Supports annual pay review cycles (merit, wage progression, and bonus) to include the planning process and timelines, preparing templates, performing analyses, developing
• Prepares summary exhibits to illustrate outcomes from merit planning and bonus planning
• Develops and prepares all communications and notification templates to support annual pay and bonus actions
• Lead and ensure completion of the Quarterly Production bonus
• Evaluates market and economic trends, proposes recommendations for adjustments to compensation, compensation program design and structure
• Participates in and organizes data from market compensation surveys to assist with ongoing competitive analyses and pay program assessments
• Facilitates participation among Airbus North America entities to ensure representation of Airbus North America entities unique businesses and to continue to build the survey resource library
• Responds to inquiries regarding wage and hour law and our compensation programs and processes
• Verifies personnel changes related to job grading and position codes, and performs audits of HRIS records to ensure data is accurately captured
• Other duties as assigned

Preferred Qualifications

No preferred qualifications provided.