Compensation Analyst

Compensation Administrator

SWBC is seeking a talented individual to administer the design, development, and implementation of compensation programs, policies, processes, and guidelines. This individual will conduct industry related analysis and provide salary and pay grade recommendations. They will also evaluate new and existing position classifications to ensure compliance in accordance to policies and government regulations. This individual will collaborate with managers and recruiters to develop job descriptions for new and existing positions.

In this position, you will play a key role within the Human Resources Compensation Team. You will have the opportunity to use your knowledge and skills to administer and help drive our competitive compensation programs to attract, retain, and reward the very best talent. You will also have the opportunity to grow while working with a great team of professionals that value you, your ideas, and your contributions.

Essential duties include the following :

• Conducts job analysis interviews with various department leaders / managers to create compliant job descriptions.
• Conducts job evaluations using data analysis techniques to assess results in market trends and internal equity.
• Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.
• Gathers and analyzes data from market-based compensation surveys to provide market / equity reports for employee / executive compensation and makes critical decisions regarding base and variable compensation.
• Supports the administration of incentive related programs, including, merit, bonus, and equity.
• Organizes the planning of annual compensation survey participation to include; gathering required data, tracking submission deadlines, and receipt of final survey data for use in job evaluations.
• Provides professional compensation guidance to management in salary planning to optimize the organizations pay strategy.
• Provides consultation to management and Human Resources regarding market trends and the application of compensation programs, policies, processes, and guidelines.
• Conducts research, analyzes data, and prepares and presents recommendations requiring a broad understanding of compensation techniques, methods, practices and regulations.
• Reviews new positions to determine appropriate FLSA status and evaluates existing positions for compliance.
• Makes recommendations as appropriate for comprehensive job structure and organizational changes and works with departments for a seamless implementation of new jobs and updating and maintaining job structures.
• Establishes equitable and appropriate titles, salary ranges, pay rates, exemption statuses, and benefit levels by applying job evaluation techniques.
• Administers the design, implementation, and administration of compensation programs, policies, processes, and guidelines for employees.
• Conducts regular audits in order to maintain data integrity in Workday system with regards to; minimum wage, department codes, departments, management levels, compensation grades, job titles, job profiles, and organization structure.
• Remains up to date on new compensation trends and legislative changes in order to ensure compliance with multiple state and federal pay regulations and educate employees and HR staff as necessary.
• Performs other duties as required.

Serious candidates will possess the minimum qualifications :

SWBC offers :

Additional Information :

SWBC is a Substance-Free Workplace and requires pre-employment drug testing.

Please note, SWBC does not hire tobacco users as allowed by law.