What are the responsibilities and job description for the Senior Compensation Analyst (Remote) position at Medicine Journal?
Job Summary :
As a Human Resources Professional, the Senior Compensation Analyst works independently, managing multiple timelines and priorities. Provide salary recommendations to Recruiters and Leaders throughout organization. Conducts job and market analyses to determine pay range and Fair Labor Standards Act status of positions. Participate in salary surveys, conduct research and analysis on market competitiveness, pay equity, and compensation trends. Create pay grades when necessary relative to indented ranges. Investigate and resolve employee compensation related problems. Conduct wage and hour audits to ensure compliance with DOL Fair Labor Standards Act Regulations. Assures adherence to compensation policies, procedures and practices within organization. Create new job codes or reactivate former job codes and set-up new cost centers in HR PeopleSoft system; also update Tree Manager, and update managers in KRONOS System in absence of the Compensation Analyst. Supervise activities of the Compensation Analyst.
Education : Required :
Bachelor's Degree in related field.
Preferred : N / A
Experience : Required :
Three years in Compensation or Human Resources field. Proficiency in research and data analysis. Strong problem-solving skills. Must possess excellent verbal, written, and presentation skills. Must have ability to work well under pressure, meet tight deadlines, and work independently with little or no supervision. Ability to use good judgment, have professional, tactful, and timely conflict-resolution skills. Exemplify good organizational skills with focus on details and appropriately prioritizes work. Proficiency with software applications, such as Microsoft Excel and Microsoft Word. Knowledge of PeopleSoft and Kronos Systems preferred.
Preferred : N / A
Position Requirement(s) : License / Certification / Registration
Required :
N / A
Preferred : N / A
Department Position Summary :
The Senior Compensation Analyst conducts job and market analyses to determine pay range and Fair Labor Standards Act status of positions. Provide salary recommendations to Recruiters and Leaders throughout organization. Consult with new and existing leaders to address specific compensation related issues. Review and approve Associate Change Notifications (ACNs) when necessary. Provide resolution of salary and payroll issues. Assists Leaders across the organization with preparation of annual operating budgets. Assures adherence to compensation policies, procedures and practices within EHS departments. Work closely with TMD in preparation of across-the-board annual raises, compensation-related issues, and report writing. Create specialized reports for internal and external customers, upon request. Update and maintain various PeopleSoft Tables. Conduct wage and hour audits to ensure compliance with the Department of Labor (DOL) Fair Labor Standards Act Regulations relative to exemption status (exempt vs. non-exempt). Actively involved in the decision-making process for the Compensation Division. Exemplify good organizational skills, with focus on details and appropriately prioritizes work. Must have the ability to maintain a positive attitude and professional demeanor when confronted with adversity. The Compensation Analyst will handle confidential information in a professional manner and have a strong teamwork attitude.
In absence of Compensation Analyst will : 1.) create new job codes or reactivate former job codes in HR PeopleSoft System, 2.) set-up new cost centers in HR PeopleSoft system, 3.) update PeopleSoft Tree Manager, and 4.) update KRONOS Manager in PeopleSoft system. Add new or updated job descriptions to HR's S-Drive and Taleo upon receipt from manager, and after reviewing job description for accuracy. Occasionally will need to create new job descriptions in manager's absence before adding to HR's S-Drive and Taleo. Supervises activities of the Compensation Analyst. Create and updates job description for compensation section. Responsible for interviewing / hiring of Compensation Analyst.
remote
