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Comp and Benefits Analyst

Marlborough, MA 01752

Posted: 03/28/2023 Employment Type: Direct Hire/Perm Job Category: Human Resources Job Number: 553337 Country: United States Is job remote?: No

Job Description


 

 
Compensation and Benefits Analyst 80k
Must have:

1-2 plus years comp analysis

Some exposure to benefits. 

Degree
 Heavy/Expert Excel
Nice to Have: 

 Certified Compensation Professional (CCP) or Certified Benefits Professional (CBP) a plus.

 

Essential Functions:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Prepares and maintains job descriptions for each position in the organization, ensures descriptions accurately reflect the work being performed by incumbents.

  • Ensures FLSA compliance by reviewing jobs and their respective duties to determine classification as exempt or nonexempt and appropriate salary range.

  • Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.

  • Interviews and surveys employees and managers to gather and document job, organizational, and occupational information including duties, responsibilities and skills required by each job.

  • Prepares and maintains job classifications, salary scales, bonus, and commission plans.

  • Gathers data from market-based compensation surveys; uses spreadsheet and data
    analysis techniques to assess results and market trends.

  • Identifies opportunities to enhance benefit processes and procedures to improve HCM and department efficiencies and the team member experience. 

  • Supports the Open Enrollment process.  Develops test plans and performs system testing to ensure that open enrollment runs smoothly, and employees are correctly enrolled in their elections (ex: open enrollment system changes, data audits with carriers, manual blackout reporting). 

  • Provides financial and business impact analysis on requested changes to benefits and compensation programs.

  • Spearheads organizational pay equity audits every other year. Completes annual salary surveys.

 

Job Competencies:

  • Extensive excel data analysis and reporting skills.

  • Familiarity with file management and Human Capital Management (HCM) systems. UKG experience a definite plus! 

  • Demonstrates intellectual curiosity.

  • Knowledge of state and federal laws and regulations with regard to compensation and benefit plans. 

  • Experience in managing compensation programs.

  • Strong knowledge of health and welfare benefit programs. 

  • Excellent analytical skills to research and evaluate benefits and compensation programs to make informed recommendations. 

  • The ability to present information clearly and in a manner that is understandable to managers and employees and to answer questions.

  • Responsible for tasks that are often unstructured and where the issues addressed are less defined, requiring new perspectives and creative approaches. 

  • Excellent writing skills for reporting and communication, to all levels of the organization.

  • Excellent organizational and time management skills.

  • Proficient with Microsoft Office Suite.  Excel expert. 

Education and Experience Requirements:

  • Bachelor’s degree in Business Administration, Finance, Human Resources or related field required.

  • 3-5 years of experience in compensation and/or benefits, in an analyst capacity required.

Additional Eligibility Requirements:

Certified Compensation Professional (CCP) or Certified Benefits Professional (CBP) a plus.

The staffing industry has seen an increase in people falsely representing themselves as recruiters to gather personal information from job seekers. For your safety, do not provide sensitive data to anyone you have not spoken with thoroughly, never provide banking information during the application process and always double check the email address of the Recruiter to ensure it’s from an official Planet domain (@theplanetgroup.com, @planet-pharma.com, @theplanetforward.com, @planet-healthcare.com, @planet-technology.com, @planet-pro.com, @pfes.com, @launchcg.com) - and not a domain with an alternative extension like .net, .org or .jobs.

The Planet Group and our companies are equal opportunity employers. It is our practice not to discriminate against any employee or applicant based on any criteria, condition or basis protected by laws or regulations in the locations where we do business. All qualified applicants are encouraged to apply. We celebrate diversity and are committed to providing an environment of mutual respect. We believe that diversity, equity and inclusion enable us to better meet our mission and values while serving our clients across the globe. If you have a disability or handicap and would like us to accommodate you in any reasonable way, please inform your recruiter, or contact us, so that we can discuss the appropriate alternatives available.

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