JOB TITLE:
Compensation Analyst I
DEPARTMENT:
Human Resources
JOB SUMMARY:
In support of the Compensation program and under the direction of the Manager of Compensation, the Compensation Analyst I will participate in job classification determination, job evaluation, job pricing, job leveling and examine compensation information to determine the Tribe’s competitive position and internal structure for their respective business client groups. Conducts compensation and market analysis due to internal equity, external competitiveness and legal compliance of the organization’s pay practices.
JOB RESPONSIBILITIES:
- Completes market analysis, job evaluation, and internal leveling of new and updated positions in an effort to ensure both external competitiveness and internal equity. Based on position-specific information, determines if an existing description can be used for classification. Works with People Services and Compensation team members to modify and create new descriptions which accurately reflect current roles, responsibilities and requirements.
- Participates in the development and administration of the job families, job leveling and grading of positions within their business units. Ensures FLSA and EEO mapping for assigned jobs.
- Troubleshoots and/or resolves compensation system related issues. Completes ad hoc reports and projects
- Provides input to Manager regarding consultative guidance, interpretation, training and recommendations to People Services team members on broad-based compensation programs, policies, actions and issues.
- Validates compensation competitiveness by researching, benchmarking and analyzing market data for their respective business units. Works with Manager, senior analysts or Compensation Analysts II for daily guidance.
- Conducts compensation audits and recommends corrective or alternative actions to resolve compensation related issues or discrepancies. Report findings and discrepancies to Manager, Sr Compensation Analyst, Compensation Analyst II.
- Participates in the annual advanced compensation process for merit and bonus cycle.
- Partners with Manager, Sr. Comp Analyst and Compensation Analyst II and functional areas to provide on-going support and to perform operational tasks as evidenced by:
- Partners with Human Resource Information Systems (HRIS) Team to correct job & employee data, create & update reports & processes for compensation related operational activities & projects. Partners with Talent Acquisition team to review & approve job offers for new hires & internal candidates
- Partners with People Services Team to process employee level compensation transactions and address classification or compensation related issues. Partners with payroll regarding retroactive payments, corrections, or adjustments
- Perform other duties as assigned to support the efficient operation of the department
MINIMUM REQUIREMENTS:
- Bachelor’s degree in Business Administration, Finance, Human Resources or related field required.
- Minimum one (1) year of HR, Finance or related experience required.
- Minimum one (1) year of direct related experience in compensation administration required.
- Related, relevant, and/or direct experience may be considered in lieu of minimum educational requirements indicated above.
PREFERRED REQUIREMENTS:
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