Comeet

Compensation Analyst Job Description Template

What Does a Compensation Analyst Do?

Compensation analysts evaluate the salaries and benefit packages of employees in organizations. They maximize employee welfare while factoring in the company’s budgets and goals, the job’s requirements and duties, and the current state of the market. They also ensure compliance with labor regulations.

Compensation Analyst Job Overview

In the compensation analyst role, you will be responsible for the construction of a fair and attractive compensation framework. You will be expected to create and gather high-quality data for accurate compensation analysis. Success in this position will be demonstrated by developing competitive remuneration and benefits programs to attract exceptional candidates and retain outstanding employees.

Compensation Analyst Job Responsibilities and Duties

  • Performs in-depth assessment of the company’s compensation structure
  • Designs compensation plans for new positions
  • Ensures alignment of compensation packages with company goals
  • Administers compensation surveys
  • Analyzes current and future work trends
  • Ensures compliance with labor laws

Compensation Analyst Job Requirements

  • Minimum 3 years of work experience as a compensation analyst or similar
  • Proficient in MS Office
  • Strong analytical skills
  • Excellent data-based acumen
  • Knowledgeable about applicable federal and state labor laws
  • Bachelor’s degree in Human Resources Management, Finance, or related field

 

Are you looking to start your hiring process today? Comeet can help. Check out our pricing plans to learn more about how we can redefine the way you recruit new talent.

Similar job titles include:

Cristina Burns

Cristina Burns

Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Need a single platform to manage your entire hiring process?

Reach out to our team to learn more.