HireBetter
Compensation Analyst Rochester New York
The Role: Compensation Analyst
Location: Rochester, NY
The Company
HireBetter’s client have joined together to create the leading audio entertainment company in the U.S. Together, they are uniquely positioned to lead a new era of audio entertainment by delivering the most compelling subscription and ad-supported audio experiences to millions of listeners — in the car, at home and on the go. Our client’s talent, content, technology and innovation continue to be at the forefront, and we want you to be a part of it!
The Role
The Compensation Analyst is responsible for assisting with all compensation related activities including the analysis, design and implementation of competitive compensation programs and initiatives. This position collaborates with all levels of management to provide assistance with compensation related requests, supporting our client’s goal of attracting and retaining top talent.
Responsibilities
- Compile and submit data for participation in compensation and benefit surveys; communicate survey results and make recommendations as needed
- Perform market analysis for current and newly created positions utilizing survey data and compensation market management software; make recommendations for pay adjustments and starting salary ranges maintaining internal equity and industry competitiveness
- Assist in the ongoing maintenance of the compensation salary structure, revise for new positions and make adjustments to existing positions based on comprehensive market analysis
- Provide analysis for creating and developing Incentive/Commission Plan documents; distribute plan documents for eligible participants throughout the year and track signed/acknowledged documentation for the files
- Work with managers to prepare, analyze and maintain compliant job descriptions, ensuring that descriptions accurately capture the essential functions and qualifications for work being performed; assess job descriptions to determine and assign appropriate FLSA exemption status and salary level
- Maintains current knowledge of legislation and current market trends that impact compensation programs
- Work with recruiting and onboarding to develop and maintain compliant offer letters; ensure letters contain accurate information related to the position (i.e., salary, benefits, incentive/commission plan info, etc)
- Assist in the acquisition process, providing analysis for compensation programs to determine best course of action in transitioning acquired company to internal compensation structure
- Respond to data requests for ad hoc reports and analysis related to compensation
- Assist with ensuring data integrity in HRIS database as it relates to salary structure, job codes, position title, etc.
- Assists in administration and development of annual salary programs, such as Merit/performance management, incentive, salary structure and salary increase programs
- Analyze cost of compensation and other monetary-based reward programs
- Supports administration of the benchmarking system
- Increase efficiencies and make process improvement recommendations to improve and enhance customer satisfaction
- May perform other duties as assigned
Qualifications
- Bachelor’s Degree in related field required and a minimum of 1 – 3 years in a Compensation Analyst/Specialist role OR
- MBA Degree with some experience or desire to learn more about Compensation
To Apply
Interested candidates should apply through the HireBetter website at jobs.hirebetter.com. Qualified applicants will be responded to as quickly as possible.
Please note: Applicants for employment in the U.S. must possess work authorization that does not require sponsorship for a visa now or in the future.