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- Provide analysis, development, design, auditing, communication, and implementation of compensation programs, including but not limited to job evaluations, market matching, annual salary review process, salary structure, etc.
- Lead projects such as job leveling, survey participation and analysis, collecting and analyzing market data, maintaining salary survey data library, system benchmarking, and additional projects that support the Companys Total Rewards strategy.
- By analyzing external survey data, competitive compensation and FLSA status for individual jobs and job families can be determined and evaluated.
- Responsible for incentive plan management, including incentive plan design and documentation and incentive calculations with accurate and timely payments.
- Create compensation data reports and tracking for assigned business units and present insight to business leaders.
- Work with the HRIS team to ensure that Workday is configured to meet compensation needs and is updated to reflect changes to compensation business processes, bonus programs, etc.
- Acts as an informal resource for colleagues with less experience.
- Support and train Human Resource Business Partners and business leaders in interpreting compensation practices, policies, and guidelines.
- Perform other duties and projects to contribute to the success of the company employees, the HR team, and the organization.
- Bachelors degree in human resources, finance or a related field.
- A minimum of 5 years of experience in compensation.
- Strong analytical skills and supportive systems leverage (particularly Microsoft Excel/PowerPoint).
- Advanced-level Excel skills
- Detail-oriented with a commitment to data accuracy.
- Proven experience acting as a subject matter expert to the business.
- Ability to prioritize and handle multiple projects at once.
Sr. Compensation Analyst - Thief River Falls, United States - Versique
Description
This role is responsible for analyzing, recommending, and implementing compensation programs, policies, and procedures that align with the Total Rewards strategy. We are looking for a great communicator with an analytical mind to consult with leaders and serve as a subject matter expert on compensation issues and programs.
Roles & Responsibilities
At Versique, we believe people are more than a resume. People invent, propel, unearth, and build. They transform teams, markets, industries, and bottom lines. People do more than fill an open position. They open greater potential. Were here to help fill your human potential and build your human capacity. The Versique brand represents a powerful combination of "versatile" and "unique," hinting at the concept of "search" in its pronunciation.
In 2023, Versique made the Inc. 5000 list of fastest-growing private companies and the Minneapolis-St. Paul Business Journals Fast 50 list for fastest-growing private companies in Minnesota. Additionally, for the past four years, Versique has been recognized as a Star Tribune Top Workplace and awarded a Best Place to Work in 2022 by the Minneapolis/St. Paul Business Journal, which speaks to the incredible culture weve fostered.
We believe people are the ultimate business advantage. Lets find your people together. And make the best possible. Versique is an equal-opportunity employer committed to creating a diverse workforce. We consider all qualified applicants regardless of race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors.