Compensation Analyst jobs in Boca Raton, FL

Job Description

We are currently partnered with one of North America's largest automotive companies Headquortered in Palm Beach Gardens. We are currently looking to hire a full time Compensation Analyst.

Compensation Analyst Representative General Summary:

The Compensation Analyst will support the day-to-day administration of the company's compensation, and benefits programs. This position will also analyze, design, and administer the company's incentive compensation programs, including long and short-term incentives, and commissions that align with company objectives and comply with compensation policy and budgetary guidelines. This position will interact with senior levels of management and must be able to communicate effective throughout all levels of the organization. Primary Duties and Responsibilities

Compensation Analyst Location: Palm Beach Gardens

Compensation Analyst Job Responsibilities

• Assesses jobs and their respective duties to determine classification as exempt or nonexempt and appropriate salary grading.
• Assists with position description updates and job classification process to ensure consistency throughout the organization. Participates in the benchmarking of all job descriptions.
• Benchmarks jobs against survey data and other market intelligence, and compensation surveys to determine competitive compensation ranges for each position.
• Supports the annual salary planning process, including the annual company budgeting process & the annual merit cycle. Leads and provides direct support to assigned customer groups.
• The Total Rewards Analyst will assist in the monitoring and maintenance of Total Rewards plans, policies, and structures to ensure they continue to support strategy and remain competitive, cost-effective, and legally compliant.
• Analyzes company compensation policies in relation to government wage and hour regulations, prevailing rates for similar jobs in comparable industries or geographic areas and recommends changes as appropriate to establish and maintain competitive rates. Educates managers and HR staff on concerns; escalates issues as needed.
• Provides analytical support and data analysis on projects and human resource metrics.
• Advises management on applicable compensation policies and standard operating procedures.
• Serves as a point of contact for auditors (both internal and external) and helps with data extraction and related audits for benefits and compensation.
• The Analyst provides analytical and technical support in the delivery of benefits and compensation programs.
• Assists with the annual benefits renewal process, including the coordination of annual open enrollment process, communication, and vendor data feeds.
• Contribute to benchmarking activities by supporting pay and benefits survey input and subsequent data extraction for analysis.
• Works effectively cross functionally on projects as assigned.
• Promote and support the mission, vision, and values of the company.
• Bachelor's degree in human resources, Business Administration or related field required.
• Advanced degree is a plus.
• Professional certification is a plus (CCP, PHR, CEBS)

Compensation Analyst Qualifications:

• Minimum 3 years of experience in compensation and benefits function in large organization
• Advanced Microsoft Excel Skills Required - Complex Modeling, and PowerPoint.
• Human Resources principles and best practices in compensation including job analysis/evaluation.
• Proficient with compensation tools, data analysis, research methods and techniques
• Familiarity and ability to analyze Employment Law regulations, principles and practices as related to Total Rewards
• Preparing written reports and presentations for varied au
  To apply please email your resume to scuesta@ultimatestaffing.com