What are the responsibilities and job description for the Compensation Analyst position at Covenant Logistics?
Job Description
Job Description
The Compensation Analyst will be responsible for analyzing enterprise compensation and maintaining the Enterprise Salary Structures. This position will have ownership of all Compensation Analysis, Market Surveys, and Job Description Analysis. In addition, he or she will be responsible for ensuring that all assigned audits and HR Ad Hoc reporting is completed, and results reported appropriately.
Responsibilities :
- Completes Annual Internal Pay Equity Audit and presents findings to Benefits & Compensation Manager
- Audit State and Local Compensation Requirements
- Compile data for Annual Long Term Cash Awards
- Work directly with the Benefits and Compensation Manager on annual incentive updates
- Maintain PayFactors Compensation System
- Compile all compensation and benefits data for annual survey participation (Distribution Center Survey, Diesel Tech Survey, Operations Survey, Sales Survey, etc.)
- Prepare annual compensation increase workbook with into range recommendations for all team members
- Complete Annual 401(k) Recordkeeper System Audit
- Compile and Audit all data from annual AAP / EEOC reporting
- Complete New Position and New Geographical Location Analysis
- Present new ideas and research for Compensation Market Surveys
- Work with the Total Rewards Analyst in gathering data for Annual Total Rewards Statements
- Educate and communicate with Team Members around Compensation inquiries
- May conduct or assist with conducting classification audits to ensure that jobs are properly classified as exempt or nonexempt
- Work closely with HR, accounting, and payroll
- Provide project support for new systems implementations, system upgrades, annual system updates, and system enhancements
- Work under general supervision
- Perform Ad Hoc reporting and auditing as needed
- Performs other related duties as assigned
Requirements :
Competitive Compensation
Covenant’s compensation philosophy’s intent is to use a competitive total compensation strategy to determine the current market value of a position while also considering individual factors such as performance in current position, time in seat of current position, experience, level of responsibility / accountability, and longevity with the company. The system will be objective and non-discriminatory.
Pay Range : $49,657.32-$77,923.79
Pay Grade : 8
401(k) match, Serious Health Condition Pay
Full Health Benefits Package
Medical, Dental, Vision, Telemedicine, Short & Long Term Disability, Health Savings Account, Life Insurance
Paid Time Off & Holidays
Cultural Perks
Casual Dress, Tuition Reimbursement, Employee Discount Program, Dependent Care Flexible Spending Account, Adoption Assistance and Employee Assistance Program
Covenant Logistics is an Equal Opportunity Employer
M / F / Disability / Veteran
VEVRAA Federal Contractor
Salary : $49,657 - $77,924