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Chanhassen

    Compensation Analyst - Chanhassen, United States - IWCO Direct

    IWCO Direct
    IWCO Direct Chanhassen, United States

    3 days ago

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    Description

    At IWCO, we spend our days in the relentless pursuit of better ideas, better creativity and better performance across all direct response marketing channels. It's about being impactful, disciplined and measurable, while enjoying the process, being a part of a supportive team and having some fun along the way.

    IWCO cares and plays an active role in our communities. We also work closely with industry partners, like the U.S. Postal Service, paper suppliers, technology innovators and execution partners to drive added value for our clients, push creativity, decrease costs and to drive better performance.

    If you're thinking of a new career, every day at IWCO we're about doing the same thing for our employees as we do for our clients: Making Better HappenSM. We care about results. And we care about each other. We all strive to be better today than we were yesterday. We offer a competitive compensation and benefits package and on-site wellness programs - not to mention the opportunity to work with the most talented people in marketing who'll challenge you and help you become better every day.

    Job Summary:

    The Compensation Analyst will lead the Company's overall compensation philosophy by researching job requirements and evaluating job positions to ensure the company is competitive in the areas of salaries and employee benefits to attract and retain talent.

    Duties/Responsibilities:

    • Works with business leaders and Human Resources Business Partners (HRBPs) to prepare and maintain job descriptions for each position in the organization; ensuring descriptions accurately reflect the work being performed by incumbents.
    • Develops an overall strategy towards Pay Transparency.
    • Work proactively with business leaders and HRBPs to keep the Company in a competitive position for talent rather than a lagging/reactive approach.
    • Interviews and surveys employees and managers to gather and document job, organizational, and occupational information including duties, responsibilities, and skills required by each job.
    • Assesses jobs and their respective duties to determine classification as exempt or nonexempt and appropriate salary range.
    • Compensation system subject matter expert and admin
    • Prepares and maintains job classifications and salary scales.
    • Works with business leaders to create progressive career ladders within all departments of the organization.
    • Prepares and presents summary reports of job analysis and compensation analysis information with recommendations for improvement.
    • Participates in strategic salary and benefits surveys throughout the year.
    • Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.
    • Gathers data from market-based compensation surveys; uses spreadsheet and data analysis techniques to assess results and market trends.
    • Evaluates and implements job analysis instruments and materials including, but not limited to HRIS (UKG), and compensation analysis tools (ERI-Salary Assessor).
    • Conducts focus groups to collect employee feedback on specific issues or topics related to benefits and compensation.
    • Plans and communicates preferred methods and best practices for hiring, training, compensating, and evaluating employees.
    • Advises management on applicable state and federal employment regulations, benefits and compensation policies, and human resource procedures
    • Performs other related duties as assigned.
    Required Skills/Abilities:
    • Extensive knowledge of quantitative and qualitative research methods.
    • Extensive knowledge of human resource laws, regulations and best practices.
    • Excellent written and verbal communication skills.
    • Excellent organizational and time management skills.
    • Proficient with Microsoft Office Suite or similar software.
    • Expert with Microsoft Excel.
    • Experience with Business Intelligence (BI) tools (example Cognos).
    Education and Experience:
    • Bachelor's degree in Human Resources or related field required.
    • SHRM-CP or SHRM-SCP preferred.
    • One to three years of experience as a compensation analyst required.
    Physical Requirements:
    • Ability to work 8 hours consecutively.
    • Prolonged periods sitting at a desk and working on a computer.
    • Must be able to lift up to 15 pounds at a time.
    • Ability to pass a pre-hire background check and drug-screen
    IWCO is an Equal Opportunity Employer. All qualified applicants will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, veteran status, or any protected status as defined by law. IWCO is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact our HR Department.
    IND1
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