Compensation Analyst

Company:  LHH Recruitment Solutions
Location: Hauppauge
Closing Date: 29/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Compensation Analyst
LHH is seeking an Interim Compensation Analyst to join our client in Hauppauge, NY. In this role, you will provide critical support to the Compensation and HR team by analyzing, designing, and administering compensation programs. This temporary position requires a detail-oriented professional with a solid understanding of compensation structures, market trends, and compliance regulations. The ideal candidate will have a strong analytical background and be able to adapt quickly to a dynamic work environment. This role will compensate between $35-$40/hr, contingent on experience.
Key Responsibilities:
  • Compensation Analysis: Analyze and evaluate job positions, determining classification, and ensuring competitive pay structures.
  • Market Benchmarking: Conduct salary surveys and market pricing to compare compensation levels and provide recommendations.
  • Job Descriptions: Review, update, and create job descriptions to ensure clarity in role expectations and alignment with compensation strategies.
  • Data Management: Maintain compensation data and ensure accuracy in the HRIS system, including pay grades and salary bands.
  • Compliance: Ensure compensation programs comply with local, state, and federal regulations, including FLSA and EEO guidelines.
  • Pay Equity: Assist in conducting pay equity analyses to ensure fair and consistent compensation practices across the organization.
  • Reporting: Prepare reports and analyses to provide insights on compensation trends, employee pay, and budgeting.
  • Stakeholder Support: Collaborate with HR, Finance, and management teams to provide compensation advice and resolve related inquiries.
  • Compensation Projects: Support the implementation and administration of special compensation programs, such as bonuses and merit increases.
Qualifications:
  • Education: Bachelors degree in Human Resources, Business, Finance, or related field required.
  • Experience: 3+ years of experience in compensation analysis, HR, or a related field.
  • Technical Skills: Proficiency in Microsoft Excel, HRIS systems, and compensation analysis tools. Experience with SAP, Workday, or other relevant systems is a plus.
  • Knowledge: Strong understanding of compensation practices, labor laws, and regulations.
  • Analytical Skills: Exceptional analytical skills with attention to detail and the ability to work with large data sets.
  • Communication: Excellent written and verbal communication skills to explain complex compensation data to non-experts.
Pay Details: $35.00 to $40.00 per hour
Search managed by: Matthew Doman
Benefit offerings available for our associates include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits and a 401K plan. Our benefit offerings provide employees the flexibility to choose the type of coverage that meets their individual needs. In addition, our associates may be eligible for paid leave including Paid Sick Leave or any other paid leave required by Federal, State, or local law, as well as Holiday pay where applicable.
Equal Opportunity Employer/Veterans/Disabled
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The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:
  • The California Fair Chance Act
  • Los Angeles City Fair Chance Ordinance
  • Los Angeles County Fair Chance Ordinance for Employers
  • San Francisco Fair Chance Ordinance
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