Experience
4 yrs required
Location
Wilmington, DE, United States
Posted on
Dec 02, 2022
Profile
Compensation Analyst
The candidate will perform job evaluations, including geographic assessments, and recommend appropriate pay actions. Participate in and organize compensation surveys to best support the Firm’s business objectives, including competitiveness in the marketplace. Gather and conduct comprehensive survey data analytics to most accurately market price positions. Advise management on appropriate FLSA and EEO classifications and other related government compliance issues. Assist with the annual compensation review process, including compiling the timeline, drafting necessary communications, compiling market data and payment history, and creating and distributing compensation materials. Advise supervisors on all related information and processes of the final compensation, including preparing notifications and coordinating HRIS/payroll actions. Participate in monitoring the effectiveness of existing compensation policies, procedures, and programs and recommends changes that are cost-effective and consistent with the Firm’s strategic goals, competitive practices, and compliance requirements. Partner with the Human Resources team, Administrative Chiefs, Office Administrators, and other management to compose new and update existing job descriptions to ensure that essential duties, responsibilities, competencies, education requirements, experience, etc., are appropriately and accurately documented. Participate in the configuration and implementation of the UKGPro Compensation module. Analyze external and internal compensation levels to identify any potential inequities based on position, experience, performance, and location. Work with the HR team to address compensation-related issues. Evaluate market and economic trends to recommend adjustments to Compensation policies, procedures, and programs and recommends changes that are cost-effective and consistent with the Firm’s strategic goals, competitive practices, and compliance requirements. Keep apprised of federal, state, and local compensation laws and regulations in order to ensure Firm compliance. Keep abreast and identifies industry changes and trends and recommend enhancements. Make recommendations to streamline/automate related processes. Other projects & duties as assigned. Should have a bachelor’s degree in business administration or human resources or equivalent work experience. Should have 4 years of human resources and/or compensation-related experience. Law firm experience is preferred. Proven analytical, mathematical/ statistical, problem-solving, organizational, and project management skills are a must. Should have the ability to evaluate and systemically compile technical and statistical information and prepare reports and correspondence. Should have knowledge of current Federal, State, and local compensation laws and regulations. Should have a strong understanding of compensation practices and trends; demonstrated experience in supporting the day-to-day compensation function; strong proficiency using MS Excel and Word. Should have the ability to view, extract and manipulate data from HRIS; ability to work independently, adapt to change, and manage multiple priorities in a fast-paced environment. Should have exceptional interpersonal skills and the ability to handle highly sensitive confidential information. Strong attention to detail is required. Should have excellent written, verbal, and communication skills; excellent customer service orientation. Positive attitude and mindset, flexibility, and ability to work well with a team.
Company info
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