Compensation Analyst - FlexTek : Job Details

Job Description: Compensation Specialist

The Compensation Specialist is responsible for supporting and managing compensation programs across the organization. This role requires strong business acumen, analytical expertise, and in-depth knowledge of compensation structures, salary benchmarking, and relevant employment laws. The position will collaborate closely with senior leadership, hiring managers, human resources teams, and third-party compensation vendors to ensure fair, compliant, and competitive pay practices.

Key Responsibilities:

• Support the implementation and administration of the organization's compensation programs.
• Provide compensation guidance and ensure alignment with federal, state, and local compliance requirements.
• Review job classifications and internal pay structures to ensure internal equity.
• Evaluate existing compensation policies, procedures, and guidelines, recommending updates to enhance program effectiveness.
• Conduct research and analysis to support updates to salary structures, merit budgets, and incentive plans.
• Collaborate with HR business partners and managers to develop and revise job descriptions.
• Perform job evaluations and provide recommended salary ranges based on market data and internal alignment.
• Advise leadership on both routine and complex compensation matters, including broad-scale strategy development.
• Support acquisition due diligence by providing compensation data and analysis.
• Participate in and manage compensation surveys and benchmarking initiatives.
• Prepare materials and reports for the annual merit review process and analyze outcomes.
• Maintain and manage job grade and salary range frameworks.
• Monitor adherence to established salary ranges and ensure consistent application.
• Act as the main point of contact for recruitment teams on compensation-related matters.
• Provide regular compensation analytics and reporting to the Total Rewards leadership.
• Proactively recommend compensation adjustments or solutions when discrepancies or concerns are identified.
• Maintain eligibility documentation and compliance records for executive and field variable pay programs.
• Ensure all compensation programs comply with FLSA and other applicable laws.

Qualifications:

Minimum Requirements:

• Bachelor's degree in Business, Finance, Human Resources, or a related field (or equivalent experience).
• PHR and/or CCP/CEBS certification preferred.
• 3+ years of direct experience in compensation program administration.
• Broad HR experience is a plus.
• Strong knowledge of compensation practices and principles.
• Familiarity with multi-state payroll compliance preferred.
• Exceptional written and verbal communication skills across all organizational levels.
• Strong analytical skills with the ability to interpret data and make informed recommendations.
• Self-starter with the ability to manage multiple projects independently.
• Working knowledge of U.S. employment and compensation laws.
• Ability to build credibility and trust across a variety of stakeholders.
• Proficiency in Microsoft Office, particularly Excel; knowledge of statistical analysis techniques is a plus.
• Experience with HRIS systems is preferred.
• Minimum of 2 years of compensation administration experience supporting a workforce of at least 3,000 employees.
• Ability to manage confidential information with professionalism and discretion.