What are the responsibilities and job description for the Compensation Associate position at Intercontinental Exchange Holdings, Inc.?
Overview
Job Purpose
We are seeking a motivated and detail-oriented Compensation Associate to join our Compensation team. This entry-level position offers an excellent opportunity to gain experience in compensation management and analysis. The Compensation Associate will assist in the development, implementation, and administration of compensation programs to ensure competitive and equitable pay practices within the organization.
Key Responsibilities:
- Data Collection and Analysis: Gather and analyze compensation data from various sources to define and maintain job structures across the organization.
- Market Research: Conduct market research to benchmark compensation practices against industry standards and identify trends.
- Salary Surveys: Participate in salary surveys and analyze survey results to provide insights and recommendations.
- Job Evaluations: Assist in job evaluations and classification processes to ensure roles are appropriately leveled and compensated.
- Compliance: Ensure compliance with all relevant laws and regulations related to compensation,
- Reporting: Prepare regular reports on compensation metrics and trends for management review.
- Support: Provide support to HR and management teams on compensation-related inquiries and issues.
Qualifications:
- Education: Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field.
- Experience: Previous internship or work experience in HR or compensation is a plus but not required.
- Skills: Strong analytical skills, attention to detail, and proficiency in Microsoft Excel and other data analysis tools.
- Communication: Excellent written and verbal communication skills.
- Teamwork: Ability to work collaboratively in a team environment.
- Adaptability: Willingness to learn and adapt to new challenges and responsibilities.
Intercontinental Exchange, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to legally protected characteristics.
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