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Compensation Analyst

Company: Esolvit
Location: Fort Worth
Posted on: May 27, 2023

Job Description:

Title: Compensation Analyst
Location: Fort Worth, TX
Duration: Long Term
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Job Description:
The Compensation Analyst is the key resource for the company's salary and incentives programs and supports other compensation programs.
Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Work with Human Resources Manager and consultants on a variety of projects including program design, analysis, budgeting, and implementation of new programs.
Administer organization base pay and incentives programs including annual focal review and incentives/salary cycles.
Manage projects such as survey participation and analysis, compensation integration for internal equity and market reviews.
Develop and document procedures to streamline processes and ensure compliance with regulatory requirements and work with HR manager to educate hiring managers.
Work with HRIS and IT staff to ensure that the HRIS system meets compensation needs and is updated to reflect changes to salary structures, bonus programs, etc.
Communicate salary and bonus programs in New Hire Orientation.
Assist managers with compensation related issues.
Assist with the ongoing administration of compensation programs and practices.
Participate in the development and delivery of annual budget, merit and bonus guidelines and manager reference materials during the annual year-end pay planning process.
Participate in salary surveys and provide market analysis on an annual and ad-hoc basis
Develop job codes and descriptions for new and revised positions.
Review exemption status and ensure jobs are compliant with FLSA standards.
Must have Excel expert level skills.
Performs other related duties as required.
Knowledge of Laws, Policies/Procedures, Skills, and Abilities
Knowledge of federal state and local laws, rules and regulations governing employment
Knowledge of operational characteristics; including, but not limited to recruitment, employment services, compensation and benefits, employee relations, customer service, and training and organizational development.
Knowledge of Human Resources Information Systems, classification studies, satisfaction surveys, reduction in force.
Knowledge of mandated rules and regulations governing personnel programs including, but not limited to FSLA, ADA, and EEO.
Knowledge of Microsoft Office, including Word, Excel, Power Point
Ability to maintain confidentiality.
Ability to establish and maintain healthy working relationships with people in course of work.
Ability to work cooperatively with internal and external contacts to facilitate and ensure completion of all departmental matters.
Ability to use good judgment in the completion of a variety of work situations.
Ability to work independently on difficult or complex tasks and projects.
Ability to apply effective time management practices to organize and plan work to meet deadlines.
Ability to define problems and implement/suggest solutions.
Ability to question established methods and suggest improved processes.

Keywords: Esolvit, Fort Worth , Compensation Analyst, Professions , Fort Worth, Texas

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