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    Compensation & HR Analyst - New York, United States - Tandym Group

    Tandym Group
    Tandym Group New York, United States

    3 weeks ago

    Tandym Group background
    Human Resources
    Description

    A large bank based in New York City seeking a skilled Compensation & HR Analyst to ensure their compensation programs remain competitive, equitable, and compliant. This individual will play a key role in analyzing compensation data, market trends, and job roles to provide strategic recommendations and administer compensation programs effectively.

    Responsibilities:

    • Conduct comprehensive analysis of compensation data to uphold competitiveness, internal equity, and legal compliance
    • Evaluate job roles and responsibilities to determine appropriate classifications and salaries, ensuring accuracy and consistency through job analysis and description development
    • Administer compensation programs, overseeing merit increases, bonuses, and long-term incentives. Coordinate data collection and calculation of employee KPIs to support incentive compensation
    • Collaborate with managers and HR partners to guide compensation planning cycles and address related matters effectively
    • Analyze HR data to identify trends and opportunities for process enhancement, presenting findings and insights to HR leadership and stakeholders through reports and dashboards
    • Stay abreast of federal, state, and local laws and regulations concerning compensation and HR practices, ensuring adherence to legal requirements and company policies
    • Communicate compensation and HR policies, programs, and updates clearly to partners
    • Prepare monthly and quarterly reports to support compensation and HR initiatives

    Qualifications:

    • Bachelor's degree in Human Resources, Business Administration, Finance, or a related field
    • Minimum of 2 years of experience in compensation analysis, HR analytics, or a relevant field, preferably within financial services
    • Proficient in Excel and PowerPoint, with strong analytical skills. Experience with HRIS systems, particularly ADP Workforce Now, is advantageous
    • Thorough understanding of compensation principles, practices, and legal requirements
    • Excellent communication and interpersonal skills, enabling effective collaboration across teams
    • Detail-oriented with a commitment to accuracy and confidentiality
    • Ability to prioritize tasks, manage multiple projects concurrently, and meet deadlines within a dynamic environment
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