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What is the role of a compensation analyst?

By Zippia Team - Mar. 3, 2022

The role of a compensation analyst relates to all issues concerning salary and benefits coordination. Their work involves research used to advise management on employee compensation packages.

A primary component of this position is focused on research. Compensation analysts utilize data to research the salary structures of competitors in order to determine fair compensation and benefits packages to be offered to new hires.

Working within the HR department, analysts use both qualitative and quantitative data to arrive at salary offerings for new employees as well as promotion compensation for existing employees.

On a daily basis, the compensation analyst may be asked to write accurate job descriptions, making sure that salary and performance expectations match. In this role, you would be expected to observe issues related to pay equity, FMLA, and HIPAA legislation.

Compensation analysts are constantly working to ensure that the company is offering fair compensation and observing industry rules and guidelines.

What is the role of a compensation analyst?

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