Compensation and Benefits Analyst jobs in Missouri

Role Summary

The Compensation Analyst will provide compensation support to help attract, retain, and reward the Company's talent in order to execute against business strategy. This position will collect, compile, evaluate and analyze compensation data from various sources to assist in the development of compensation programs. All activities will be performed in support of the strategy, vision and values of JE Dunn.

• Autonomy & Decision-Making Makes decisions on non-routine matters, provides recommendations to supervisor, and refers all exceptions to supervisor.
• Career Path: Senior Compensation Analyst

Key Role Responsibilities - Core

COMPENSATION ANALYSIS FAMILY – CORE

• Executes participation in salary surveys and monitors salary survey data to ensure organization compensation objectives are achieved. Completes annual and ad hoc compensation survey participation with selected survey vendors.
• Evaluates existing roles and creates new role descriptions and responsibilities to determine appropriate job classifications and compensation levels.
• Performs job analysis for all roles, evaluates positions and reviews grade assignment (including FLSA status), titles, and base pay ranges by conducting compensation benchmarking through external market review. Ensures compensation plans and programs are in compliance with federal/state wage and hour regulations.
• Maintains role descriptions and position management framework and tools related to compensation practices and decisions.
• Supports job analysis process and market-pricing methodology through development and updating of company job descriptions.
• Prepares data analysis results reports and presents findings to senior leadership.
• Collaborates with HR and department managers to communicate compensation policies and programs to employees.
• Performs necessary data gathering, conduct new position matching, input and submit by set deadlines. Interpret data for insights and provide recommendations.
• Collaborates with internal team and various departments to support compensation initiatives and provide data-driven recommendations.
• May provide advice and recommendations to leadership on policy interpretations and job evaluations.
• Supports both internal customers and functional team members to ensure effective delivery of Compensation support and applications.
• Collects, analyzes, and interprets compensation and benefits data to determine competitive salary ranges and benefit packages.
• Conducts market research to stay updated on industry compensation trends and ensure the organization's compensation practices are competitive.
• Assists in the development and administration of compensation programs, including incentive plans, bonuses, and equity programs.

Key Role Responsibilities - Additional Core

N/A

Knowledge, Skills & Abilities

• Ability to perform work accurately and completely, and in a timely manner
• Communication skills, verbal and written
• Knowledge of compensation principles, labor laws and regulations
• Proficiency in Microsoft Excel – Advanced
• Proficiency in Microsoft Office Suite as well as other business-related software
• Ability to collect and synthesize large quantities of quantitative and qualitative data and to recognize trends, solve complex problems and develop recommendations based on data analysis
• Ability to clearly communicate business and technical information
• Strong project management, organizing and planning skills
• Ability to build relationships and collaborate within a team, internally and externally

Education

• Bachelor's degree in human resources, business administration or related field (Required)
• In lieu of the above requirements, relevant experience will be considered

Experience

• 2 years of human resources organizational design experience (Required)
• 2 years compensation experience (Preferred)

Working Environment