Compensation Analyst II

Company: Institute for Applied Behavior Analysis
Location: Tacoma
Posted on: June 25, 2022

Job Description:

Consult with company leaders and human resources on issues pertaining to all areas of compensation management. Handle issues with typically large scope, higher levels of complexity, sensitivity and/or visibility with the organization. Encourage others to take a strategic approach to solving compensation issues as opposed to simply responding to the current situation. Serve as a resource to explain compensation policy and systems. Provide training on compensation related programs. Act as a subject matter expert in areas of compensation practices. Salary Management Reporting and Consultation Oversee and run corporate programs such as the annual Focal, Bonus and High Performer Equity Grant processes Maintain compensation calendar of activities for review and approvals including compensation program analysis and executive summaries Job Classification / Market Pricing Conduct the job evaluation process, consult with HR partners and manager who are creating or revising positions to develop job descriptions that meet internal standards and that reflect actual essential functions and minimum requirements. Review job descriptions for content. May request revisions to clarify or enhance the quality and consistency. Research market data and selects appropriate benchmarks. Analyze the position completely to determine its relationship to other positions with the company to ensure internal equity. Prepare cost analysis and pay grade recommendations. Maintain reports and summaries of results. Survey Management Participate and analyze salary survey results to ensure current pay practices are cost effective and market competitive. Evaluate market and economic trends. Identify variances and develop recommendations. Analyze costs of proposed recommendations. Manage and perform global total rewards market analysis including competitive market position for current plans including budget recommendations Variable Pay Develop, manage, and implement compensation strategies such as plan documents, changes, philosophy and best practices etc. Management and coordination of plans such as executive deferred compensation, producer incentive plans, stock purchase plans/grants Bachelors Degree in Human Resources, Business Administration preferred. Relevant work experience may substitute for degree 3 years progressively responsible experience in compensation, including the design and administration of compensation programs Knowledge of FLSA compliance Demonstrated experience solving compensation issues through quantitative and qualitative analysis Experience developing & delivering presentations including executive summaries to various audiences including senior management team and/or divisional leaders Excellent analytical skills including strong spreadsheet capabilities in Excel Teamwork skills with a sense of urgency. The ability to both manage and assist with compensation related activities Ability to lead a variety of projects from start to finish (e.g. needs identification and assessment, modeling and analysis, solution design and implementation). Process improvement oriented and the ability to make recommendations and decisions Strong verbal and written communication skills Strong internal and external customer focus Team player (both as a leader and a member) Physical and Mental Requirements: Ability to sit at a computer monitor for extended periods of time Ability to perform repetitive finger, hand, and arm movements Ability to lift up to 15lbs. Ability to effectively discern information and formulate appropriate action Ability to reach, squat, bend, and manually manipulate standard office equipment Values and Behaviors: Build enduring RELATIONSHIPS with clients and each other. Drive INNOVATION that simplifies life and work. Seek continuous GROWTH in your personal and professional development.

Keywords: Institute for Applied Behavior Analysis, Tacoma , Compensation Analyst II, Professions , Tacoma, Washington