Compensation Analyst job at Information Consulting Services Wilmington, DE, US

Job Description

Title: Compensation Analyst
Contract Details:
Location: Wilmington, DE
Hybrid Role 2 days a week onsite
Start: ASAP
Duration: 6 months
Contract to start but potential for Contract to Hire
Candidates Considered: USC or GC Holders.

Compensation Analyst - Job Description:

This position is an internal compensation consultant for our client, where you will be analyzing competitive data for position evaluation, providing guidance on pay decisions, policy and incentive programs. This role communicates compensation philosophy, structure and practices, and ensures alignment with business goals, employee retention needs, and company recruitment efforts.

Compensation Consulting & Job Evaluation

Serve as internal compensation expert, providing guidance on pay decisions, policy interpretation, and FLSA exemption determinations
Review compensation data changes in HRIS system for accuracy and approve for payroll processing
Conduct job evaluations for new roles and re-evaluations, analyzing market data to determine appropriate grades, titles, and compensation
Partner with human resources, business and finance teams to estimate cost impacts and maintain current job descriptions

Market Analysis & Competitive Intelligence

Complete salary surveys, load data into PayFactors, and analyze results to ensure competitive positioning
Develop market adjustment recommendations and geographic differential updates
Research competitive practices and recommend survey participation

HR Systems & Data Management

Maintain HRMS (Workday) accuracy including job codes, documentation databases, geographic differentials, and compensation reporting
Partner with HR Technology to create and load mass data changes, run analytical reports, and extract data for decision-making
Manage historical archives and change logs for job evaluations, FLSA testing, and compensation decisions

Program Implementation & Compliance

Participate in development of annual bonus plan, variable pay plans, recognition programs, merit budget and matrix scale, and common performance review processes
Conduct regular compliance audits for FLSA exemption status, minimum wage regulations, and fair pay practices
Present compensation strategy recommendations to leadership
Develop and deliver compensation training sessions and policy updates
Support compensation-related integration activities for mergers and acquisitions

Compensation Analyst - Required Skills - MUST HAVES:

Bachelor’s degree in HR, Business, Finance or related discipline. 3-5 years of applicable compensation experience, preferably within a mid to large size and matrixed environment
Understanding of federal and state laws and regulations regarding compensation practices and HR policies/procedures
CCP, PHR, or other related designation preferred plus
Advanced Excel skills (formulas, pivots, VBA), Workday and PayFactors experience a plus
Strong logical and analytical skills
Strong communication and interpersonal skills, including ability to create presentations and deliver complex information to a variety of different levels of HR/business partners. Ability to speak or write persuasively
Strong math and analytical skills with attention to detail
Proven ability to organize, manage and prioritize workload
Ability to work both as a member of a team and independently

Job Tags

Remote job, Minimum wage, Contract work, 2 days per week,

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