Compensation Analyst - Iowa, United States - The Waldinger Corporation

Description

What Success in the Role Looks Like at The Waldinger Corporation

The Compensation Analyst researches, implements and oversees organizational pay structures. The successful Compensation Analyst explores and evaluates job positions and requirements, aligning pay ranges and internal equity, ensuring market competitiveness. Working under the Total Rewards umbrella, the Compensation Analyst applies business and financial acumen, strong data literacy, qualitative and quantitative research methods, as well as knowledge of HR policies and benefits. Exercises strong communication, organization and time management skills.

Key Areas of Responsibility

• Job Descriptions – Prepares job descriptions by surveying employees and managers to gather necessary information to build draft for review by JDRC committee. Determines classification and assigns pay grade. Maintains job descriptions in centralized database. Ensures descriptions accurately reflect work being performed by incumbents.
• Pay Market Analysis – Reviews market data annually to determine and make recommendations for adjustments. Assesses job descriptions and pay grades against incumbent pay rates to determine areas of opportunity such as pay inequity, pay compression, or high pay range penetration.
• Total Rewards Analysis and Support – Researches employee benefits in similar industries; based on findings, recommends changes or updates to the company's existing benefits or policies. Supports the evaluation of competitive, cost-effective benefits packages for the organization. Facilities implementation and enrollment for insurance and retirement plans. Supports incentive program management as needed.
• Reporting – Prepares and presents summary reports of job analysis and compensation analysis information.
• HR Law and Policies – Advises management on applicable state and federal employment regulations, benefits and compensation policies, and HR procedures.

Requirements:

• Bachelors degree in human resources or a related field, or equivalent experience
• 3-5+ years experience in compensation analysis or program management
• Strong analytial ability and attention to detail

We Offer:

• Paid holidays
• Health, dental and vision insurance
• Growth potential with a stable company
• Paid vacation
• Health club reimbursement
• Wellness - $100 a year for getting your yearly physical
• 401k with company match and profit-sharing
• Tuition reimbursement
• Term, AD&D and Dependent Life insurances
• Prepaid Legal

The Waldinger Corporation is a full-service mechanical, electrical, sheet metal and service contractor operating under a people-first approach. The Waldinger Corporation has branches throughout the Midwest and has built a reputation as an industry leader since its beginnings in 1906.

The Waldinger Corporation is an EOE, including disability/vets.

The Waldinger Corporation participates in E-Verify.