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Katy

    Contract Compensation Analyst - Katy, United States - The Franklin Company Inc

    The Franklin Company Inc
    The Franklin Company Inc Katy, United States

    2 weeks ago

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    Description

    Job Description

    Job Description

    CONTRACT COMPENSATION ANALYST
    Pay Rate: $35-$40/hr
    3-6 months contract
    Work Schedule: Mon- Friday; 8 am to 5 pm
    Initially remote, but may require to be in the office based on still developing COVID policy for returning to work
    ***LOCAL CANDIDATES ONLY

    REQUIREMENTS:
    ● Workday Experience...User testing, Config and Comp approvals
    ● 2022 Salary Survey Participation
    ● Bonus Accruals
    ● Job Grading/Market Pricing
    ● Bureau of Labor Statistics Survey Participation
    ● PayFactors data updates
    ● Backup support for Pay Planning activities

    GENERAL DESCRIPTION OF DUTIES:
    ● Responsible for assisting with the administration of compensation processes, including but not limited to: salary survey participation, bonus plan administration, data management and analysis, proficient experience with ● ● ● Excel/Google-based formulas, v-look and pivot table knowledge, documentation maintenance, collaboration skills and ability to communicate well with peers and various levels of management.

    ● Works closely with HRIS, HRBPs and managers to address compensation issues, researches and recommends solutions, and prepares related
    analytical reports and analysis.

    ESSENTIAL JOB FUNCTIONS INCLUDE:
    ● Compensation survey participation and results gathering to ensure we have the highest quality market data possible to benchmark our internal pay practice
    ● Experience with Workday Compensation modules is preferred
    ● Performs data audits as needed to ensure data integrity and consistency
    ● Responds to inquiries from HRBPs regarding compensation matters in a timely, accurate and service-oriented manner
    ● Collaborates with HRBP, HRIS, IT, and Payroll in the administration of compensation programs, including facilitating training, attending meetings, following guidelines and processes,
    ● Exhibits strong verbal and written communication abilities, etc.
    ● Participates in developing and maintaining documentation for all level of users
    ● Assists with compensation planning and design, and performing related analysis and reporting

    TEAMWORK AND COMMUNICATION:

    ● Acts as an integral member of the Total Rewards team, in support of the company values and goals
    ● Works in a collaborative fashion with the HR team and other departments
    ● Communicates effectively and proactively with peers, HRBPs,managers, and employees
    ● Demonstrates responsible handling of sensitive employee and organizational data

    SKILLS:
    ● Proficiency with MS Excel and/or Google Sheets: formulas, pivot tables, v-lookup (required)
    ● Excellent organizational, verbal and written communication skills
    ● Ability to work cross-functionally with a variety of people to accomplish goals and support others
    ● Proven problem-solving skills with a strong attention to detail
    ● Keen ability to multitask and prioritize work deliverables as needs evolve
    ● Ability to convey technical information to non-technical users

    MINIMUM QUALIFICATIONS:
    ● Bachelor's degree (HR, Accounting, Finance, Business) preferred
    ● 3+ years Compensation administration experience required
    ● Proficiency with spreadsheets and data management, including MS Excel and/or Google Sheets: formulas, pivot tables, v-lookup
    ● Workday proficiency in the following areas preferred: Advanced Compensation, Workday Core HCM, enterprise integration builder (EIB), calculated fields, business processes, condition rules and filters, (User testing experience highly preferred)

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