Compensation Analyst

Not Interested
Bookmark
Report This Job

profile Job Location:

Bridgewater, NJ - USA

profile Yearly Salary: $ 95000 - 125000
Posted on: 2 hours ago
Vacancies: 1 Vacancy

Job Summary

Summary:

The Compensation Analyst is a highly strategic individual contributor responsible for the design development and administration of the organizations total rewards framework encompassing compensation organizational job architecture and performance management programs. This role ensures our programs are competitive compliant and aligned with corporate strategy to attract motivate and retain top talent across the organization.



Key Responsibilities:

Compensation Program Management
  • Oversees the development implementation and administration of all compensation programs including base pay incentives and recognition programs.
  • Monitors the effectiveness of existing compensation practices and proactively recommends changes that are consistent with compensation trends regulatory requirements and corporate objectives.
  • Oversees participation in relevant salary surveys and monitors salary survey data to ensure corporate compensation objectives are achieved.
  • Provides expert advice and guidance to department managers on all pay decisions policies and guideline interpretation.
Organizational Design & Job Architecture Strategy
  • Develops maintains and implements employee pay grade structures ensuring consistency and internal equity across the organization.
  • Serves as the primary source of expertise for VPs and Managers regarding job architecture job descriptions job evaluations and strategic compensation analysis.
  • Provides expertise and oversight to ensure that new jobs management levels and departments make logical sense within the overall organizational hierarchy and strategic framework.
Performance Management & Career Development
  • Manages the employee performance review process. Identifies and implements systemic changes to the performance reviews to better assess employee performance and motivate and develop employees.
  • Partners with department managers to create clear and actionable career paths for employees identifying and creating various job levels with corresponding pay opportunities and supporting development plans for employee career growth.
  • Leads and facilitates the organizations succession planning initiatives to ensure a pipeline of prepared internal candidates for key roles.
Administration & Compliance
  • Maintains all organizational job descriptions ensuring they are accurate up-to-date and consistently formatted for organizational design compensation and evaluation purposes.
  • Ensures all compensation and organizational structure practices comply with federal state and local laws and regulations.

Qualifications:
  • Bachelors degree (preferably in Human Resources Business Administration or a related field)
  • Strong knowledge of compensation practices principles and the regulatory environment
  • Progressive experience in Compensation and/or Total Rewards with a focus on job architecture and program design
  • Proven experience managing compensation and performance programs
  • Experience in organizational design and developing comprehensive job leveling structures
  • Excellent analytical communication and project management skills with the ability to influence senior leaders
Pay Range
The target base salary for this role at commencement of employment is expected to be between $95000 - $125000 annually. Final pay determinations will depend on various factors including but not limited to geographical location experience level knowledge skills and qualifications.

Benefits
Hamamatsu offers a competitive salary and excellent benefit package for full-time employees which includes: Medical Dental Vision Prescription Life Insurance Vacation/Sick/Personal Time and Retirement Plans.

This position may require working with or exposure to goods and information that may be subject to the jurisdiction of the US State Department ITAR regulations ( and the Commerce Departments CCL (

Hamamatsu is an Equal Opportunity Employer. All applicants will receive fair and impartial consideration without regard to race religion color gender age national origin physical or mental disability genetic information veteran status gender identity sexual orientation or any other status protected by applicable law.

If you are a qualified individual with a disability or a disabled veteran you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting Human Resources at or by email at . Please include your contact information and specific details about your required accommodation to support you during the job application process. Messages left for other purposes such as not being able to get into the careers website following up on an application or other non-disability related technical issues will not receive a response.

It is the policy of Hamamatsu Corporation not to sponsor immigration visas for employment applicants.


Required Experience:

Senior IC

Summary:The Compensation Analyst is a highly strategic individual contributor responsible for the design development and administration of the organizations total rewards framework encompassing compensation organizational job architecture and performance management programs. This role ensures our pr...
View more view more

Key Skills

  • ArcGIS
  • Intelligence Community Experience
  • GIS
  • Python
  • Computer Networking
  • Data Collection
  • Intelligence Experience
  • R
  • Relational Databases
  • Analysis Skills
  • Data Management
  • Application Development