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Become A Compensation And Benefits Analyst

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Working As A Compensation And Benefits Analyst

  • Getting Information
  • Analyzing Data or Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Interacting With Computers
  • Evaluating Information to Determine Compliance with Standards
  • Mostly Sitting

  • $73,310

    Average Salary

What Does A Compensation And Benefits Analyst Do At Coca-Cola Refreshments

* Provide technical, customer relations, and personnel management for major programs and projects.
* Provide bottler support.
* Act as a subject matter expert and lead of Total Rewards for Client Bottler’s HR, managers and employees, including ad hoc requests and presenting benefits to employees.
* Prepare analytics, which include recommendations that align with the organization’s strategy in the area of Total Rewards.
* Analytics include service level agreements for HR Services and Vendors.
* Implement all benefits and retirement changes.
* Coordinate processes between administrators and vendors to ensure successful transitions, testing of the system before go-live
* Investigate and resolve all escalated employee benefits and retirement issues that are brought forward by the HR Services Team.
* Consult and serve as representative to the Client Bottler COE teams (Health & Welfare, Retirement, etc.) on projects, pricing, policies and strategy development as it would be applicable from an administrative point of view.
* Lead the development of SPDs and assist in the development all Total Rewards employee communications for associates and ensure that all related resources are made available to the HR Services Team

What Does A Compensation And Benefits Analyst Do At Coherent

* We currently have an exciting career opportunity for a Compensation and Benefits Analyst supporting EMEA in our Santa Clara, CA office.
* As a member of the global compensation and benefits team, the individual will be responsible for supporting and implementing compensation and processes and programs that are competitive and aligned with strategic objectives.
* This role is an integral part of a dynamic team whose mission is to enrich the experience of Coherent employees.
* You will report to the Director of Compensation and Benefits.
* We’re looking for a self-motivated team player with good analytic skills, attention to detail, and interest in using technical compensation skills to meaningfully impact business objectives.
* Manage and support with the development and implementation of compensation programs, policies, and procedures in order to be responsive to Coherent’s strategic initiatives, organizational goals and competitive practices, global short and long-term equity compensation, including the Employee Stock Purchase Plan, sales incentive compensation, and executive compensation.
* Manage and support systems, tools and methods to ensure scalability and growth owing to M&A and other activities, as needed.
* Manage job design/analysis, documentation and evaluation, market data research, survey submissions, statistical analysis and other daily compensation activities and operations.
* Partner with HR Business Partners, Finance/Tax, and legal during hiring, annual review, promotion and retention processes.
* Manage and collaborate on compensation-related and ad-hoc projects, as required

What Does A Compensation And Benefits Analyst Do At Ralph Lauren

* Support, monitor and administer effective sales compensation plans including the sales commission tool
* Collect data and prepare bonus calculations accurately and timely
* Responsible for the approval process to be carried out on time by each party
* Organize and deliver training on the sales commission tool, commission plans and bonus schemes to different stakeholders
* Prepare analysis, report and dashboard on key performance indicators
* Reconciliation and consolidation of data
* Produce and update policies and communications material Benefits:
* Formatting of Benefits communications materials Data Management:
* Support the HR team on data and system management
* Support reporting and HR Human capital analysis
* Develop tools to support HR activity tracking like recruitment

What Does A Compensation And Benefits Analyst Do At CGI Technologies and Solutions, Inc.

* CGI has a proud reputation of treating members with fairness, respect and integrity.
* These values are clearly projected on its merger and acquisition activities.
* This position will play a critical role as part of the HR M&A team to accurately identify the total rewards profile for target companies, and ensure a thoughtful and fair approach to assimilating the new employees into our programs.
* While M&A will be the primary focus, this position will also augment our Total Rewards team in a variety of projects.
* Responsibilities -
* M&A Analysis and Support:
* Thoroughly research and analyze compensation and benefits artifacts in the Virtual Data Room (VDR).
* Identify and quantify differences from CGI’s programs and alert the team to potential compliance issues with relevant laws and regulations.
* Participate in project planning meetings, to include building out the project plan timeline for the Rewards tower and bringing issues and findings to the attention of the project lead.
* Work with HR, Finance, Rewards leads and other stakeholders to build the person-by-person harmonization plan to compare costs between the target company and CGI, and create fair total compensation plans for integrated employees.
* Create analysis, tables, charts and briefings for review with CGI executive leadership.
* Participate with large cross-functional team to develop the integration plan and timeline.
* Create and present briefings for new employees, new HR & Recruiting staff members, and new managers to help assimilate them into the CGI programs and processes with regard to Total Rewards.
* Draft FAQs and other communications pieces in support of integration activities.
* Act as advisor to newly acquired managers, HR Business Partners and Recruiters on CGI compensation and benefits matters.
* Total Rewards Team:
* This position will be given the opportunity to participate and work with the Total Rewards team on compensation and benefits projects and initiatives with the goals of raising managers’ understanding and comfort-level with compensation and benefits, and improving our members’ experience and engagement.
* Examples include:
* Analyzing current compensation spending and recommending solutions to getting the most from our allocations and budgets.
* Improving our communications, tools and training for managers, HR Business Partners and Recruiters
* Researching trends and developing recommendations for improving our Total Rewards approach
* Required qualifications to be successful in this role:
* At least 6 years of experience in professional Compensation and Benefits roles, with involvement in all or most phases of mergers and acquisitions
* Exceptional data analytics and MS Excel skills
* Excellent written and verbal communication skills, and the ability to advise, challenge and influence colleagues at all levels in an organization
* Track record for effectively influencing process improvement
* Uber-responsive, client-focused mindset
* Ability to work to tight deadlines and flexibility to adapt to changing requirements
* Preference to work as an integral member of a virtual high performing team
* Self-motivated and collaborative; able to figure things out and get things done in ambiguous circumstances
* A bachelor's degree in business, accounting, finance, human resources management or a related discipline
* LI-AM1
* What you can expect from us:
* Build your career with us.
* It is an extraordinary time to be in business.
* As digital transformation continues to accelerate, CGI is at the center of this change—supporting our clients’ digital journeys and offering our professionals exciting career opportunities.
* At CGI, our success comes from the talent and commitment of our professionals.
* As one team, we share the challenges and rewards that come from growing our company, which reinforces our culture of ownership.
* All of our professionals benefit from the value we collectively create.
* Be part of building one of the largest independent technology and business services firms in the world.
* Learn more about CGI at www.cgi.com.
* No unsolicited agency referrals please.
* CGI is an equal opportunity employer

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How To Become A Compensation And Benefits Analyst

Compensation, benefits, and job analysis specialists typically need a bachelor’s degree, and some specialists need related work experience.

Education

Most employers require that compensation, benefits, and job analysis specialists have a bachelor’s degree. Many specialists have a degree in human resources, business administration, finance, communication, or a related field. Some employers may accept previous work experience in lieu of a formal degree.

Not all colleges and universities offer an undergraduate degree in human resources, but many offer courses in human resources management, compensation analysis, and benefits administration. Students with a background in other disciplines may benefit from taking courses in business, management, finance, and accounting.

Work Experience in a Related Occupation

For many jobs, compensation, benefits, and job analysis specialists must have previous work experience. Employers commonly require that the previous experience includes performing compensation analysis, benefits administration, or general human resources work. Experience in related fields such as finance, insurance, or business administration, also may be beneficial.

Jobseekers without a degree in human resources must have relevant work experience. Some workers may gain this experience through internships. However, most gain experience from working in human resources.

Licenses, Certifications, and Registrations

Although certification is not required, it can demonstrate professional expertise. Some employers prefer to hire certified candidates, but many employers will have their employees become certified after they are already working. Certification programs for management positions often require several years of related work experience in order to qualify for the credential.

Many associations for human resources workers offer classes to enhance the skills of their members. Some associations, including the International Foundation of Employee Benefit Plans and WorldatWork, offer certification programs that specialize in compensation and benefits. Others, including the HR Certification Institute and the Society for Human Resource Management, offer general human resources credentials.

Advancement

Compensation, benefits, and job analysis specialists may advance to a compensation and benefits manager or a human resources manager position. Specialists typically need several years of work experience to advance.

Important Qualities

Analytical skills. Many specialists perform data or cost analyses to form logical conclusions. For example, they may analyze the cost of choosing a particular salary scale for a class of workers.

Business acumen. Specialists must understand basic finance and accounting.

Communication skills. Specialists often work with employees throughout their organization to provide information on compensation and benefits. They may give presentations or advise managers or employees about compensation policies or benefit plans.

Critical-thinking skills. Specialists must think critically when evaluating job positions, salary scales, promotion practices, and other compensation and benefits policies.

Detail oriented. Specialists must pay attention to detail, especially when ensuring that the organization is compliant with federal and state laws.

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Compensation And Benefits Analyst jobs

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Compensation And Benefits Analyst Career Paths

Compensation And Benefits Analyst
Compensation Manager Benefits Manager
Benefit Director
11 Yearsyrs
Human Resources Business Partner Human Resources Supervisor Payroll Specialist
Benefits Manager
8 Yearsyrs
Human Resources Consultant Payroll Specialist Compensation Analyst
Compensation And Benefits Manager
8 Yearsyrs
Senior Compensation Analyst Compensation Manager
Compensation Director
13 Yearsyrs
Compensation Consultant Senior Compensation Analyst
Compensation Manager
9 Yearsyrs
Director Of Human Resources Chief Executive Officer Human Resources Generalist
Corporate Human Resources Manager
8 Yearsyrs
Human Resources Manager Regional Human Resources Manager
Director Of Human Resources
10 Yearsyrs
Compensation And Benefits Manager Director Of Human Resources
Director Of Human Resources Operations
11 Yearsyrs
Human Resources Business Partner Senior Human Resources Generalist Employee Relations Specialist
Employee Relations Manager
6 Yearsyrs
Compensation And Benefits Manager Human Resources Coordinator
Human Resources Business Partner
10 Yearsyrs
Human Resources Consultant Human Resources Technician Human Resources Coordinator
Human Resources Contractor
9 Yearsyrs
Compensation Manager Compensation Director Human Resources Consultant
Human Resources Generalist/Manager
6 Yearsyrs
Senior Compensation Analyst Human Resources Coordinator
Human Resources Manager
7 Yearsyrs
Compensation Director Assistant Vice President Human Resources Coordinator
Regional Human Resources Manager
8 Yearsyrs
Human Resources Manager Director Of Human Resources
Senior Director Human Resources
13 Yearsyrs
Compensation Consultant Compensation Manager Human Resources Coordinator
Senior Human Resources Administrator
6 Yearsyrs
Benefits Analyst Account Manager Human Resources Coordinator
Senior Human Resources Consultant
9 Yearsyrs
Director Of Human Resources Assistant Vice President Human Resources Coordinator
Senior Human Resources Generalist
7 Yearsyrs
Compensation Director Human Resources Consultant Human Resources Manager
Senior Human Resources Manager
9 Yearsyrs
Benefits Analyst Human Resources Manager Senior Recruiter
Talent Acquisition Manager
9 Yearsyrs
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Compensation And Benefits Analyst Demographics

Gender

  • Female

    71.8%
  • Male

    27.1%
  • Unknown

    1.0%

Ethnicity

  • White

    78.0%
  • Hispanic or Latino

    11.0%
  • Asian

    8.1%
  • Unknown

    2.3%
  • Black or African American

    0.6%
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Languages Spoken

  • Spanish

    50.0%
  • Portuguese

    20.0%
  • Filipino

    5.0%
  • German

    5.0%
  • Bengali

    5.0%
  • Polish

    5.0%
  • Arabic

    5.0%
  • Korean

    5.0%
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Compensation And Benefits Analyst

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Compensation And Benefits Analyst Education

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Real Compensation And Benefits Analyst Salaries

Job Title Company Location Start Date Salary
Compensation/Benefits Analyst-HR Operations Rambus, Inc. Los Altos, CA Oct 12, 2009 $102,000
Compensation/Benefits Analyst-HR Operations Rambus, Inc. Los Altos, CA Jul 26, 2010 $88,000
Staff Compensation & Benefits Analyst On Semiconductor Corporation Phoenix, AZ Aug 12, 2014 $85,613 -
$115,613
Staff Compensation & Benefits Analyst On Semiconductor Phoenix, AZ Jun 11, 2014 $85,613 -
$115,613
Compensation, Benefits and Job Analyst Specialist Dell USA LP Round Rock, TX Feb 05, 2008 $75,000
Compensation, Benefits, & Job Analysis Spclsts Deloitte Tax LLP Houston, TX Oct 27, 2011 $75,000 -
$123,000
Compensation, Benefits, and Job Analysis Archer Daniels Midland Company Plano, TX Aug 21, 2013 $73,260
Compensation, Benefits & Job Analyst Hay Group, Inc. Jersey City, NJ May 20, 2008 $71,680
Compensation, Benefits, and Job Analysis Specialis Zensar Technologies Inc. Princeton, NJ Oct 01, 2011 $64,522 -
$79,522
HR Compensation and Benefits Analyst On Semiconductor Phoenix, AZ Oct 01, 2012 $64,043 -
$74,043
Compensation, Benefits and Payroll Analyst Cosco Fire Protection, Inc. San Juan Capistrano, CA Sep 02, 2015 $58,500 -
$70,000
Compensation and Benefits Analyst Cherokee Nation Business, LLC Catoosa, OK Jan 14, 2011 $54,200
Compensation and Benefits Analyst Cherokee Nation Entertainment, LLC Catoosa, OK Jan 14, 2011 $54,200
Compensation and Health Benefit Administrative Analyst Ta Chen International Inc. Long Beach, CA Feb 12, 2010 $53,352
Compensation and Benefits Analyst Quest Software, Inc. Aliso Viejo, CA Jul 05, 2012 $53,165 -
$57,000
Compensation, Benefits, and Job Analysis Specialis Premier National Realty Group Inc. Los Angeles, CA Nov 01, 2010 $52,467
Compensation, Benefits and Job Analyst Mega Staffing Inc. New York, NY Aug 11, 2016 $51,771
Compensation, Benefits, and Job Analysis Specialis Naturally Leavened, LLC Baltimore, MD Sep 17, 2014 $50,982
Compensation, Benefits and Job Analyst Mega Staffing, Inc. New York, NY Nov 08, 2013 $49,838
Compensation/Benefits Analyst New Deal, LLC Fort Lee, NJ Oct 01, 2010 $49,587
Compensation, Benefits Job Analysis Apex Outsourcing, Inc. Irvine, CA Jan 29, 2010 $49,067
Compensation, Benefits, & Job Analysis Spec. Stonebridge Construction, Inc. Apple Valley, MN Dec 08, 2010 $47,819
Compensation, Benefits, and Job Analysis Cognizant Technology Solutions Us Corporation Teaneck, NJ Jan 26, 2011 $47,424
Compensation, Benefits, and Job Analysis Cognizant Technology Solutions Us Corporation Teaneck, NJ Dec 14, 2009 $47,424
Compensation, Benefits, and Job Analysis Arena Trucking Service, Inc. VA Jul 01, 2010 $47,300
Compensation, Benefits, and Job Analysis Speciali The Bridge Over Troubled Waters Pasadena, TX Aug 01, 2014 $45,142
Compensation, Benefits, and Job Analysis Specialis Naturally Leavened, LLC Catonsville, MD Sep 17, 2011 $45,000

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Top Skills for A Compensation And Benefits Analyst

HRPayrollSystemsCompensationProgramsBenefitProgramsHrisJobDescriptionsAnnualOpenEnrollmentJobEvaluationDisabilitySalarySurveysAuditBenefitPlansMarketDataFmlaRetirementPlansInternalEquityBenefitsAdministrationSalaryStructureCompensationPlansMarketAnalysis

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Top Compensation And Benefits Analyst Skills

  1. HR
  2. Payroll Systems
  3. Compensation Programs
You can check out examples of real life uses of top skills on resumes here:
  • Partnered with HR Managers to resolve discrepancies and issue resolution resulting in successful bonus and salary payout of $195MM.
  • Conduct new hire orientations and enter benefit enrollments into vendor and payroll systems.
  • Managed company wide Affirmative Action Program, Unemployment Insurance and Worker s Compensation programs.
  • Implemented competitive international benefit programs in order to attract a growing workforce.
  • Led and supported the company's overall HRIS strategy, vision and business objectives.

Top Compensation And Benefits Analyst Employers

Compensation And Benefits Analyst Videos

Advancing a Career in Compensation Management

Human Resource Management Lecture Part 05 - Compensation and Benefits

Compensation & Benefits

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