drjobs Compensation Analyst

Compensation Analyst

Employer Active

1 Vacancy
drjobs

Job Alert

You will be updated with latest job alerts via email
Valid email field required
Send jobs
Send me jobs like this
drjobs

Job Alert

You will be updated with latest job alerts via email

Valid email field required
Send jobs
Job Location drjobs

Trumbull, CT - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

HealthPlanOnes mission is to help people find the right health insurance at the right price so they live healthier lives. We are committed to making the shopping process simpler. Our mission has never been more important than it is today.

The Compensation Analyst supports the Companys strategy for compensation programs helping to ensure that they align with company objectives for recruiting retention and employee engagement. The analyst maintains pay structures grades and assists with compensation budgets and guidelines. The Analyst advises managers on making effective pay decisions that support employee engagement and comply with compensation policy and budgetary guidelines.

Supervisory Responsibilities:

  • None

Duties/Responsibilities:

  • Continuous review and updates of internal salary structure job classifications working closely with compensation vendor.
  • Work with HR Business Partners and managers to evaluate jobs research job requirements and assist in the development and maintenance of job descriptions and job profiles in Workday.
  • Participate in and interpret compensation surveys and make recommendations to adjust the internal structure to meet company compensation objectives.
  • Market price roles and make recommendations to internal partners based on market data and internal job structure for new positions promotions and changes.
  • Work collaboratively with Operations Leaders to understand sales incentives programs.
  • Collect and interpret sales data develop reports and provide insights to optimize incentive structures.
  • Monitor the performance of incentive programs to determine if they help drive sales growth and achieve company goals.
  • Work independently to process information and data to create reports on trends and projections regarding incentive plan performance efficiencies and possible improvements.
  • Provide analysis of competitive compensation practices develop auditing reports determine the effectiveness of compensation practices and recommendations and develop strategies to support organizational goals.
  • Support the annual compensation review and bonus cycles and provide reporting

and analysis.

  • Audit and tieout 401(k) deferral and loan feedback files on a biweekly basis.
  • Prepare quarterly audit of 401(k) vendor compared to Workday to verify deferral elections and loan repayment amounts.
  • Performs other related duties as assigned

Required Skills/Abilities:

  • Bachelors degree in business Finance or relevant concentration.
  • 57 years of experience as a compensation analyst preferably with commissions background.
  • Work with large data sets organize and pullout insights develop recommendations and present data in a meaningful way.
  • Ability to manage multiple priorities simultaneously.
  • Strong relationship management skills both internally and externally.
  • Strength in gaining consensus across functions.
  • Excellent verbal and written skills
  • Proficiency in Excel
  • High level of integrity judgment and follow through.
  • Strong attention to detail.

Preferred Skills/Abilities:

  • Certified Compensation Professional (CCP)

Physical Requirements:

  • Prolonged periods of sitting at a desk and working on a computer typically in an office environment (constant noise fluorescent overhead lighting)

Our centers are consistent with CDC guidelines and align with local government orders pertaining to all Company physical locations in relation to COVID19.

Equal Employment Opportunity (EEO) is a fundamental principle at HealthPlanOne where employment is based upon personal capabilities and qualifications. HealthPlanOne does not discriminate because of actual or perceived sex sexual orientation or preference gender identity gender transgender race color religion national origin creed citizenship status ancestry age marital status pregnancy childbirth or related medical conditions medical conditions including genetic characteristics mental or physical disability military and veteran status or any other protected characteristic as established by law. HealthPlanOne requires the necessary drug testing and background checks as part of our preemployment practices. If you need assistance or an accommodation due to a disability please contact us to request accommodation at


Required Experience:

IC

Employment Type

Full-Time

Company Industry

About Company

Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.