What are the responsibilities and job description for the COMPENSATION ANALYST position at Brinks Inc?
The Compensation Analyst will play a critical role in managing and analyzing our compensation programs. This position involves conducting market research, analyzing internal equity, and providing data-driven recommendations to ensure that our compensation strategy aligns with our organizational goals and promotes employee satisfaction.
Key Responsibilities :
- Market Analysis : Conduct comprehensive salary surveys and analyze compensation data to benchmark our pay structures against industry standards.
- Data Management : Maintain and update compensation data in HRIS, ensuring accuracy and compliance with internal policies and external regulations.
- Compensation Structures : Assist in developing, implementing, and evaluating compensation programs, including base pay, bonuses, and incentives.
- Internal Equity : Analyze job descriptions and employee data to ensure internal equity and competitiveness.
- Reporting : Generate and present detailed reports on compensation trends, findings, and recommendations to management and HR teams.
- Policy Development : Collaborate in the creation and updating of compensation policies and guidelines.
- Support : Provide guidance to HR partners and management on compensation-related inquiries and best practices.
- Compliance : Ensure compliance with federal, state, and local regulations regarding compensation practices.
Qualifications :
Preferred Qualifications :