Sr. HR Compensation Analyst Job Groton area,Connecticut USA,HR/Recruitment

Compensation Analyst

The Compensation Analyst is responsible for assisting in the development, implementation and administration of compensation procedures, practices, philosophy, and programs. The selected candidate will utilize salary surveys to study labor markets and determine competitive compensation for approximately 11,000+ salaried employees. Responsibilities will include but are not limited to:

Research appropriate job descriptions
Reviewing and evaluating compensation programs regularly
Ensure internal and external compensation philosophy alignment
Review job classification and recommend compensation changes within company policy and budgetary limitations
Interpret state and federal laws regulating compensation practices
Support all compensation special requests and emergent project work
Brief and educate supervision and salaried employees on compensation policies and practices
Building consensus with Sr. Leadership on compensation initiatives and developing a strategic roadmap for implementation
Support the compensation cycle including but not limited to:

Merit: pay for performance
Targeted discretionary salary allocations
Bonus and incentive allocations
Individual contributor reclassification promotions

Qualifications

Required:

BA/BS Degree
2+ years of experience in HR, Wage Administration or Finance

Preferred:

Degree concentration in Human Resources, Finance, or Business preferred
Experience conducting wage or salary reviews
2+ years' salary compensation administration at a mid to large organization
5 years' experience in Human Resources
Experience working with an HRIS system;
Peoplesoft

Skills

Demonstrated MS Office suite proficiency with priority on advanced Excel skills including:

Creating and analyzing pivot tables and charts
Functions such as vlookup and other formulas
Translation of large data sets into meaningful summarized output

Experience administering bonus and incentive programs
Ability to identify and analyze trends both internal and within related compensation and talent markets as they relate to compensation
Excellent oral, written, and interpersonal skills are necessary, as this position requires significant peer and customer interface with all levels of management

The following competencies will be present in a successful candidate

Highly motivated
Strong analytical skills
Financial background
Willingness to learn and grow
Detail oriented
Able to work in a team environment
Adaptable
Accountable
Enterprise Mindset
Observant and curious
Must be able to multitask effectively and efficiently
Solutioner

Physical Qualifications

Light Lifting

Environmental Attributes

Inside