Compensation Analyst

Compensation Analyst

We are looking for an experienced Compensation Analyst to join our team in Dallas, Texas. In this Contract-to-Permanent role, you will play a pivotal part in designing, analyzing, and maintaining compensation programs, ensuring alignment with organizational goals and market trends. This position requires strong analytical skills, excellent communication abilities, and expertise in compensation practices to support strategic decision-making.

Responsibilities :

• Conduct comprehensive job evaluations and classification studies, preparing detailed reports and recommendations.
• Design and analyze salary surveys, providing insights and actionable recommendations based on market data.
• Benchmark positions against market standards to ensure competitive and equitable pay structures.
• Develop and maintain tools, spreadsheets, and data models to track compensation trends and ensure data accuracy.
• Collaborate with HR leadership to review and enhance compensation policies and procedures.
• Analyze the impact of performance management processes on salary adjustments and overall compensation strategies.
• Evaluate exempt and non-exempt classifications, determining appropriate salary ranges and compliance with regulations.
• Prepare and present detailed reports summarizing compensation analyses and findings to stakeholders.
• Conduct cost analyses for salary placements, internal equity reviews, and merit pay programs.
• Ensure confidentiality and ethical standards while working with sensitive compensation data.

Requirements :