Compensation Analyst Duties & Responsibilities

The role and function of a Compensation Analyst includes the following duties and responsibilities:

Growing and overseeing company remuneration policies and programs.
Analyzing positions to ascertain scope of employee responsibilities and requirements.
Analyzing and interpreting company's remuneration programs.
Reviewing wide range of relevant compensation data to ensure company's remuneration policies are competitive.
Contributing company data to compensation surveys.
Analyzing results of compensation surveys.
Predicting future trends to steer company in a positive direction.
Managing salary structure creation and maintenance.
Ensuring company compliance with relevant laws and regulations.

Note that this is not an exhaustive list of Compensation Analyst duties and responsibilities. Job functions for specific Compensation Analyst roles may vary, depending on the industry and type of employer.

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