Compensation HCM Analyst

Company: Flexential
Location: Aurora
Posted on: May 19, 2023

Job Description:

Job Description:Under general direction from the Manager of Total Rewards, leads and supports compensation activities to develop and administer compensation programs. Conducts research, analyzes data, and makes recommendations on compensation. Involved in strategic development of compensation initiatives. Develops and participates in compensation surveys to collect and analyze information on organizational competitive position. Acts as internal consultant for management on compensation matters. Leads or participates in special projects/compensation initiatives. Key Responsibilities and Essential Job FunctionsCompensation

• Participates in compensation surveys including the evaluation and determination of appropriate benchmark matches, analyzes and reports results and maintains data in compensation management systems
• Benchmark positions to market using survey data and other market intelligence to determine competitive strategic ranges that align with data and are cohesive to the organization
• Ensures compliance within compensation guidelines, budgets, pay equity, FLSA classifications, ect. and tracks regulatory changes and trends.
• Effectively communicates with stakeholders regarding the results of analyses and provides consultation regarding compensation best practices.
• Ensures job descriptions are accurate and complete when roles and/or structures change and organize annual review of Job Descriptions.
• Performs monthly audits to manage and maintain compensation data.
• Assist with the merit and annual incentive compensation (bonus) programs including system configurations.
• Documents processes and creates work aids and training documents as needed and process improvement initiatives to streamline work and improve customer service.HCM Workday Functional Lead
  • Experience and proficiency with Workday as the HCM lead. Provides guidance and recommendations to HR team around how HCM interacts and communicates with other modules and systems.
  • Ability to perform self-audits ensuring data integrity and utmost accuracy.
  • Tests and troubleshoots existing and proposed systems functions in order to resolve and anticipate application issues, but also to verify accuracy and compliance with proceduresRequired Qualifications
    • 4+ years' experience in Compensation with some Workday Human Capitol Management experience
    • Demonstrated proficiency in Excel
    • Demonstrated ability to work in a fast-paced, collaborative environment
      • Strong attention to detail-critical eye for data accuracy
      • Able to effectively communicate and interact with personnel at various levels of expertisePreferred Qualifications
        • Knowledge of PayFactors or PayScale preferred.
        • Salary survey participation
        • Advanced proficiency in Excel
        • Workday experience highly desired
        • CCP Certification a plusPhysical Requirements
          • Ability to sit for extended periods of time
          • Moderate keyboard usageThis position has the following safety hazards: Chemical Electrical Ergonomics Mechanical lift Noise Temperature Extremes Trip/Fall Driving (must possess valid driver's license and insurance) Other:_________________ Base Pay Range: Annualized salary range offered for this position is estimated to be $85,000 - $100,000. However, the actual pay range depends each candidate's experience, qualifications, and job location. Variable Pay: Discretionary annual bonus, based on personal and company performance. #LI-PS1 RequiredPreferredJob Industries

Keywords: Flexential, Aurora , Compensation HCM Analyst, Accounting, Auditing , Aurora, Colorado