Summary

We are seeking a detail-oriented and analytical Compensation Analyst to join our team. As a Compensation Analyst, you will play a vital role in designing, implementing, and managing compensation and benefits programs. Your expertise in compensation analysis and market research will ensure that our compensation strategies remain competitive and align with organizational objectives.

Essential Duties and Responsibilities

• Compensation Analysis: Conduct regular analysis of compensation and benefits programs, ensuring competitiveness and alignment with industry standards.
• Market Research: Research industry salary trends, benchmarks, and best practices to inform compensation strategies.
• Job Evaluation: Evaluate and maintain job descriptions and classifications, ensuring accurate and equitable pay structures.
• Salary Surveys: Participate in salary surveys and analyze survey data to make informed compensation recommendations.
• Compensation Planning: Assist in the development and implementation of compensation planning and budgeting processes.
• Benefit Programs: Collaborate with HR and benefits teams to design and administer employee benefit programs.
• Compensation Communication: Prepare and distribute communication materials related to compensation and benefits changes.
• Payroll Support: Provide support to the payroll department by ensuring accurate processing of compensation-related transactions.
• Compliance: Ensure compliance with all relevant laws and regulations related to compensation and benefits.
• Data Analysis: Analyze compensation and benefits data to identify trends and opportunities for improvement.
• Performance Reviews: Assist in the administration of performance review processes, including merit increases and incentive programs.
• Ad-Hoc Projects: Participate in special compensation-related projects as needed.

Education and Experience

• Bachelor's degree in Human Resources, Business, Finance, or a related field; relevant certifications (e.g., CCP, PHR, SPHR) are a plus.
• Minimum of 3-5 years of experience in compensation analysis, preferably in the automotive industry or a related field.

Skills

• Compensation Analysis: Proficiency in conducting compensation analysis, market research, and benchmarking.
• Market Research: Strong research skills to stay informed about industry compensation trends and best practices.
• Job Evaluation: Experience in job evaluation and classification methodologies.
• Salary Surveys: Familiarity with participating in salary surveys and interpreting survey data.
• Data Analysis: Strong data analysis skills, including the use of spreadsheet software.
• Communication: Excellent communication and presentation skills for explaining compensation and benefits changes to employees.
• Compliance: Knowledge of compensation-related laws and regulations, including FLSA and Equal Pay Act.
• Payroll Support: Ability to collaborate effectively with payroll departments and ensure accurate processing.
• Detail-Oriented: Keen attention to detail in maintaining compensation and benefits records.
• Problem-Solving: Effective problem-solving abilities to address compensation-related challenges.
• Team Collaboration: Ability to work collaboratively with HR and benefits teams.
• Adaptability: Ability to adapt to changing compensation and benefits landscape and organizational needs.

Physical Demands
 While performing the duties of this job, the employee is regularly required to type and look at a computer screen for long periods of the day. The employee must be able to sit for long periods of time. 

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions. 

Note

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. 

Employee signature below constitutes employee's understanding of the responsibilities and the job qualifications of the position. 

Employee__________________________________ Date_____________ 

Automobile Protection Corporation (APCO) is a Drug Free Workplace as well as an Equal Opportunity Employer. Qualified applicants shall be considered for all positions without regard to race, color, sex, religion, national origin, age, disability, veteran status, or any other status protected by federal, state or local law.