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Comp and Benefits Analyst

Location: Dallas Region
Category: Human Resources
Employment Type: Direct Hire
Contact: HRADMDAdResponseDallas@addisongroup.com

Benefits/Compensation Analyst

Job summary

Assists in the administration and execution of employee compensation and benefits rewards programs. Assist with the generation of data and metrics for reports to facilitate decision-making and to support the evaluation effectiveness of programs and benefits.

Responsibilities and duties

  •  Provide support to managers and employees regarding compensation and benefits programs.
  • Assist with review of job descriptions by validating essential duties, education and experience requirements and determining FLSA classification. Gaining knowledge of the company’s job grading tools, assigns the appropriate pay grade.
  • Assist in analyzing the competitiveness of the base pay and benefit plans on a local, regional and national context of total compensation.
  • Gathers and evaluates internal records and applies statistical calculations to establish comparisons with related industry employers. Uses such data to partner with managers to review and approve compensation changes and offers for existing and prospective employees.
  • Assist with the completion of surveys to include but not limited to annual salary planning surveys, compensation surveys, benefits practices surveys and any others as needed.
  • Assist with the annual salary budgeting process, maintain costing allocations and assist with the incentive bonus plan process, including updating the incentive bonus plan reporting on a quarterly basis.
  • Manage the external salary market data tool. Work with internal HR team to ensure that the HRIS is updated to reflect changes to salary structures, bonus programs, incentive programs, benefits programs, etc.
  • Ensures data integrity through regular audits and analysis.

Qualifications and skills

  • Bachelor's Degree in Human Resources, Business Administration, or Business Analytics Required
  • 1-3 years of experience with compensation, HR compliance and employee benefits.
  • Knowledge of state and federal laws/regulations related to compensation and general human resources practices.  
  • Research - ability to quickly and accurately research issues and propose solution or course of action.
  • Confidentiality - ability to maintain the confidentiality of sensitive Company and personal information.
  • Technical Skills - must possess technical knowledge of competitive compensation practices and State and Federal legal requirements
  • Proficiency utilizing MS Office software, advanced knowledge of Excel.