What are the responsibilities and job description for the Compensation Analyst position at Harvey Nash?
HR Specialist 3 (Compensation Analyst)
Ridgefield Park, NJ (Hybrid- Monday to Thursday in office; Friday remote)
9 Months
Primary Responsibilities:
- Assist with the delivery of compensation solutions that support business objectives.
- Assist in the administration of compensation programs including annual merit increases, promotions, short-term incentives, and long-term incentives.
- Assist in Workday Advanced Comp testing and validation.
- Perform data analysis on compensation elements, including base pay, short-term incentive plans, long-term incentive plans, pay for performance, benchmarking / market data, and job evaluations.
- Provide up-to-date market intelligence on competitive compensation trends and practices.
Preferred Education Requirements and Related Skills
- Bachelor’s Degree, preferably in Human Resources, Finance, Business, Economics, or Accounting.
- 2 years of progressive compensation experience
Proficient Excel skills
- Candidate should have some understanding of total compensation programs.
- Familiar with market data survey analysis and salary ranges structures.
- Familiar with geographic location analysis
- Analytical mindset and ability to manage large, complex data sets.
- Proven organizational skills with attention to detail and the ability to prioritize and work well in an environment with competing demands and ambiguity.
- Strong written and verbal communication skills.
- Strong interpersonal skills, collaboration, and teamwork.
- Familiarity with Workday, a plus
Education and Years of Experience Required:
- Bachelor’s Degree, preferably in Human Resources, Finance, Business, Economics, or Accounting.
- 2 years of progressive compensation experience
Additional Notes:
- Education requirement – BA preferable
- Local candidates preferred; Monday to Thursday – in office; Friday – remote
- Option to extend.
Top Three Skills:
- Proficient Excel skills
- Prior work with surveys (Radford, Willis Towers Watson, Mercer)
- Some compensation experience
Salary : $38 - $40