What are the responsibilities and job description for the Benefits and Compensation Analyst position at Huseman Group?
Join our dynamic team as a Benefits and Compensation Analyst, where you will play a crucial role in designing, implementing, and managing our organization's compensation and benefits programs. Your expertise will ensure that our offerings remain competitive and aligned with industry standards, contributing to employee satisfaction and retention. If you are detail-oriented and passionate about analyzing data to drive strategic decisions, we invite you to apply and make a significant impact on our employees' experience.
A LEGACY OF BUILDING CAREERS!
Huseman Group wants to see you succeed. As a relationship-driven company, Huseman Group builds connections with and between our Team Members. We believe in the importance of recognizing that our employees are multifaceted individuals, with families, hobbies, and lives beyond work. At Huseman Group, we strive to work hard while also maintaining a healthy work-life balance. We celebrate our accomplishments as a team, support each other's successes, and aim to make a positive impact on our clients and community. Our full-time positions offer ample Paid Time Off, competitive salaries, and a supportive work environment where your thoughts and ideas are valued.
Job Responsibilities
- Analyze and evaluate compensation structures to ensure competitiveness and alignment with the organization's goals.
- Conduct salary benchmarking and market analysis to recommend adjustments to compensation packages.
- Develop and maintain job descriptions and classification systems to ensure consistency and compliance.
- Collaborate with HR and management to design and implement benefits programs that meet employee needs and organizational objectives.
- Administer employee benefits programs, including health insurance, retirement plans, and other voluntary benefits.
- Prepare and present reports on compensation and benefits metrics to senior management.
- Ensure compliance with all federal, state, and local regulations related to compensation and benefits.
- Provide guidance to employees and management on compensation and benefits policies and procedures.
- Assist in the development of compensation and benefits communication materials to enhance employee understanding.
- Participate in compensation and benefits surveys and analyze data to inform strategic decision-making.
- Support the annual compensation review process, including salary adjustments, bonus plans, and incentive programs.
- Monitor industry trends and best practices to recommend improvements to compensation and benefits programs.
Job Requirements
- Bachelor’s degree in Human Resources, Finance, Business Administration, or related field.
- Minimum of 3 years of experience in compensation and benefits analysis or a related field.
- Strong analytical and quantitative skills.
- Proficiency in HRIS and compensation software.
- Advanced Excel skills, including pivot tables and data analysis tools.
- Knowledge of federal, state, and local compensation and benefits regulations.
- Excellent written and verbal communication skills.
- Ability to interpret and apply complex data to support decision-making.
- Strong attention to detail and accuracy.
- Proven experience in conducting market research and benchmarking studies.
- Ability to manage multiple tasks and priorities in a dynamic environment.
- Certified Compensation Professional (CCP) or equivalent certification is preferred.
- Experience with job evaluation and salary survey methodologies.
- Strong problem-solving and critical-thinking skills.
