Compensation Analyst job description

Compensation Analyst Duties and Responsibilities

Compensation Analyst job description should contain a variety of functions and roles including:

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.

Compensation Analyst Requirements / Skills / Qualifications

Compensation Analyst job description should include these common skills and qualifications:

Bachelor’s degree in Business Administration or Human Resources.
3+ years work experience as Compensation Analyst.
CCP or similar certification.
PHR certification.
Excellent communication skills, both verbal and written.
Proficient with compensation research and data analysis.
Strong problem-solving skills.
Proficient with MS Office Word, Excel and PowerPoint, and HRIS systems.
Outstanding people skills.

As a hiring manager, recruiting an ideal Compensation Analyst starts with crafting a good job description. Use this Compensation Analyst job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of a Compensation Analyst may also reference it in preparation for the interview.