What are the responsibilities and job description for the Compensation Analyst position at Primary Recruiting Services?
Job Title: Compensation Analyst
Location: Morristown, NJ
Compensation: $80k-$90k base salary annual bonus
Job Type: Full Time, Hybrid Schedule (2 days/week remote)
Benefits: Retirement, Healthcare, Paid Holiday, PTO, etc.
Why You Should Apply:
- They’re a well-established publicly traded company with over 80 years in their industry
- This is an opportunity to join a team of industry professional that are committed to see you succeed and helping you grow in your career
- They offer above average benefits including a strong 401(k) match and 3 weeks PTO to start
What We’re Looking For:
- Bachelor’s degree or equivalent work experience
- Minimum 2-3 years of Compensation or related experience
- Work toward Certified Compensation Professional strongly desired.
- Advanced Microsoft Excel and PowerPoint skills
- Strong analytical skills
- Ability to manage confidential, sensitive information.
- Strong verbal and written communication skills
- Excellent technical understanding: Workday knowledge preferred.
What You’ll Be Doing:
- Research and analyze data to determine market trends, salary competitiveness and areas for improvements.
- Provide guidance to human resources partners, managers, and executives on compensation-related issues, including job evaluations, salary recommendations and pay equity.
- Assists in the execution of the annual salary planning process (salary increase/bonuses). Serves as technical project lead for merit and bonus review process and provides support to HR as needed.
- Assess and analyze programs, making recommendations to ensure effectiveness and execution in a timely manner.
- Analyze compensation-related transactions to ensure compliance with compensation program.
- Participate in third party salary survey submission process and benchmarking studies.
- Monitor and maintain compensation-related data integrity via HCM (Workday) platform.
- Assist with the development, implementation and administration of compensation policies and programs. Ensure compensation practices comply with federal, state, and local regulations.
- Assist with Executive Compensation such as participant eligibility, reporting, and program communication.
- Assist with the management of an equity incentive plan including managing employee documentation, employee communication and education. Acting as a point of contact for participants.
Salary : $80,000 - $90,000
