What are the responsibilities and job description for the Compensation Analyst position at Addison Group?
Job Description
Job Description
Job Title : Compensation Analyst
Location : Washington, D.C. or New York City, NY
Industry : Professional Services
DC Salary : $86K – $121K or NY Salary : $90K - $126.5K
About Our Client :
Addison Group is seeking a Compensation Analyst to join a growing organization in the professional services industry. This role is designed for an experienced individual who will contribute to the design, management, and administration of a global compensation program, working closely with department managers and the recruitment team. The ideal candidate will have a strong background in compensation analysis and will play a key role in shaping compensation policies and practices.
Job Description :
As a Compensation Analyst, you will assist in administering and optimizing the firm's compensation structure for professional staff. You’ll manage policies and guidelines, support the annual merit and bonus award processes, and work with various teams to benchmark positions. You’ll also play an essential part in the firm’s global compensation program and collaborate with HRIS teams to enhance compensation planning systems.
Key Responsibilities :
- Manage and update job descriptions, classifications, and salary ranges.
- Analyze employee roles and recommend appropriate placement within compensation structures.
- Support the annual merit process, track industry salary changes, and recommend adjustments for below-market compensation.
- Coordinate and distribute staff compensation statements.
- Collaborate with HRIS teams to implement and optimize compensation planning systems.
- Lead and coordinate the firm’s participation in compensation surveys and analyze survey data.
- Benchmark positions against market data and help develop compensation structures for different geographies.
- Assist with the development of compensation strategies, including pay grades and job classification evaluations.
- Track special payments, attraction bonuses, and other incentive payments.
- Regularly assess compensation systems to ensure the firm remains competitive.
- Complete EEOC reporting and assist with budget development and variance reviews.
- Provide backup support in benefits orientation and assist with plan audits.
- Perform additional duties as assigned, maintaining a high standard of confidentiality.
Qualifications :
Additional Details :
Perks :
Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.
Salary : $86,000 - $121,000
