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Compensation Analyst
Ref No.: 16-00434
Location: Newark, New Jersey
Position Type:Contract
Start Date / End Date: 02/12/2016 to 12/31/2016
Job title: Compensation Analyst
Job Reference: 16-00434
Location: Newark NJ
Description:
  • Partner with our Sr. Director, Compensation to drive Total Reward and Compensation strategy. You will focus on supporting global compensation initiatives, drive the data management of compensation systems and tools, and develop recommendations needed to support compensation related continuous improvement projects.
  • Additionally, you will assist with the effective research, evaluation, and establishment of wage/salary grades and pay ranges and participate in compensation surveys. To be successful, candidates should demonstrate the ability to balance excellent analytical and technical skills while clearly driving communication and collaboration across multiple teams with competing priorities.

Essential Duties and Responsibilities
  • Supporting Client's global compensation plans, programs, policies and practices in areas such as focal compensation and performance planning, annual salary survey submissions, organizational market assessments and compliance projects, etc.
  • Developing, administrating and enhancing innovative compensation tools, systems and reports
  • Maintaining, Preparing compensation related data (e.g. job code) in HR and Finance systems
  • Preparing compensation reports/queries as needed (e.g. program spend, new hire offers) and ensuring integrity of data and reporting methodologies
  • Compiling and evaluating quantitative and qualitative compensation related data sets against internal and external benchmarking
  • Conducting ongoing metrics analysis and supporting new analytic strategies for current and future measurement
  • Documenting and administering existing and future processes needed to streamline operations and ensure compliance with regulatory requirements
  • Coordinating the preparation of position descriptions and, if applicable, evaluating positions
  • Communicating and training internal and external clients on compensation policies and practices
  • Critical Skills and Abilities
  • Demonstrated data manipulation skills, including work with complex data structures and queries
  • Proven research and problem solving skills
  • Strong attention to detail and accuracy
  • Deep analytical reporting experience
  • Excellent communication, collaboration and presentation skills Requirements: