What are the responsibilities and job description for the Compensation Analyst position at Kaufman Financial Group?
Job Title
Compensation Analyst
Location
US-MI-Farmington Hills
Category
Human Resources
Job Type
Regular Full-Time
Location : Location
US-MI-Farmington Hills
Job Post Information* : Posted Date
4/23/2025
Job Post Information* : External Company Name
Kaufman Financial Group
Job Post Information* : External Company URL
http://www.kaufmanfinancialgroup.com
Location : Postal Code
48334
Location : Address
30833 Northwestern Highway
Job Post Information* : Post End Date
6/30/2025
Company
H.W. Kaufman Group
ID
2025-8509
Compensation Analyst
Location
US-MI-Farmington Hills
Category
Human Resources
Job Type
Regular Full-Time
Location : Location
US-MI-Farmington Hills
Job Post Information* : Posted Date
4/23/2025
Job Post Information* : External Company Name
Kaufman Financial Group
Job Post Information* : External Company URL
http://www.kaufmanfinancialgroup.com
Location : Postal Code
48334
Location : Address
30833 Northwestern Highway
Job Post Information* : Post End Date
6/30/2025
Company
H.W. Kaufman Group
ID
2025-8509
Qualifications:
- Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field
- 3 years of experience in compensation analysis or a related HR role, preferably in the insurance or financial services industry
- Strong knowledge of compensation principles, practices, and relevant laws/regulations
- Proficient in data analysis and reporting tools (Excel, HRIS systems)
- Excellent analytical, problem-solving, and decision-making skills
- Strong communication and interpersonal skills with the ability to work collaboratively
- Detail-oriented with a strong commitment to accuracy
Benefits
- Competitive base compensation
- Employer paid continuing education courses and designations via access to Kaufman Institute
- Health and welfare benefits including medical, vision and dental
- 401K with employer match
- Paid vacation, sick time, and holidays
- Access to Kaufman Wellness Program
- Flexible and hybrid work options
Responsibilities:
Summary:
We are seeking a detail-oriented and analytical Compensation Analyst to join our Human Resources team. The ideal candidate will play a key role in developing, implementing, and managing compensation programs that attract, retain, and motivate top talent.
Key Responsibilities:
- Conduct market research and analysis to benchmark compensation practices against industry standards and competitors
- Assist in the design and implementation of compensation programs, including salary ranges, geographic differentials, and variable pay plans
- Analyze compensation data to identify trends and variances, and recommend changes as appropriate
- Prepare compensation reports and recommendations
- Assist with maintaining the job description library
- Conduct periodic Fair Labor Standards Act analysis
- Ensure compliance with relevant labor laws and regulations regarding compensation and reporting
- Collaborate with HR and management to develop compensation strategies that align with business objectives
- Support annual compensation planning processes, including merit increases and bonus allocations
- Manage the compensation survey participation process and maintain survey library; research and identify new surveys as competitive landscape evolves
- Provide guidance to HR and management on compensation-related inquiries and policies