Compensation Analyst

Company: Elderwood Administrative Services
Location: Buffalo
Posted on: January 15, 2022

Job Description:

Join Our Team: Are you ready to change your life with a rewarding career move ? Overview:The Compensation Analyst will be responsible for compensation program administration and in-depth analysis of pay structures, job profiles, market benchmarking and related factors to ensure our programs are reflective of our overall compensation philosophy, aligned with business objective, competitive to market for attracting and retaining skilled talent, and compliant with applicable laws and regulations.Employee Perks!: 401K Retirement Plan with Company Match, Free On-Site Parking, Friendly and supportive staff, Generous PTO & holiday package, Life Insurance, Medical, Dental, and Vision insurance Responsibilities:

• Supports the design and implementation of base pay structures and variable plan programs that reflect the company's compensation philosophy.
• Responsible for annual survey and benchmarking process; matching jobs, benchmarking key positions against survey data, and other market intelligence to recommend competitive salary for the grade ranges.
• Conducts data and cost analyses to be used in annual compensation review, employee negotiations, compensation budget recommendations, and collective bargaining agreements.
• Collaborates with HR Operations on new job descriptions by obtaining a clear understanding of department organization and reviews the prepared JD. Then evaluates the position following the evaluation process and determines the job's FLSA status.
• Responsible for EEOC reporting and other miscellaneous compliance reporting
• Reviews recommendations for promotions, offers, individual wage increase requests.
• Evaluates and implements job analysis instruments and materials.
• Stays current and updates management on applicable state and federal employment regulations.
• Provides analytical support and data analysis on projects and human resources metrics.
• Develops and documents procedures to streamline processes and ensures compliance with regulatory requirements.Qualifications:
  • High School diploma or GED required; Bachelor's degree preferred
  • Four years of compensation or data analysis experience preferred
  • CCP or PHR certification preferredElderwood expects all current and new employees to be vaccinated against COVID-19. If hired, you will be required to provide proof of vaccination. Employees may request a medical exemption from vaccination.

Keywords: Elderwood Administrative Services, Buffalo , Compensation Analyst, Professions , Buffalo, New York