Compensation Analyst (ID:45729)

Looking for a Compensation Analyst to provide analytical and administrative support for compensation processes, including analysis, reporting, and base pay programs, which include contract and non-contractual wage scales.

Key responsibilities include analyzing market data, evaluating job roles, ensuring regulatory compliance, and developing salary structures. The ideal candidate will have strong analytical skills, proficiency in compensation software, and a solid understanding of HR practices. A bachelor's degree in Human Resources or a related field and 2/3+ years of experience in compensation analysis are preferred.

Worksite Location: Bloomington MN - Hybrid

Roles & Responsibilities

• Partner with other HR team members as a subject matter expert to resolve issues and provide solutions, including conducting analysis and modeling business-specific compensation designs or data.
• Assist in developing, updating, and modeling annual incentive compensation plans.
• Compile, analyze, and distribute periodic transactional and summary compensation data.
• Initiate monthly and periodic compensation and position change business processes (e.g., changes to base pay)
• Perform compensation evaluation and analysis (e.g., job analysis, evaluation, classification, and benchmark job review) using market pricing tool.
• Participate in salary surveys and update and maintain market pricing tools.
• Respond to inquiries regarding compensation-related matters.
• Perform other compensation and human resources-related duties as assigned.
• Act as Workday expert on security and compensation business process configuration.
• Assist with the standardization and documentation of compensation processed.
  
  

Required Skills & Experience: (ensure this heading is bold)

• A four-year degree or equivalent work experience is strongly preferred; a high school diploma or GED is required.
• 1 – 3 years of work experience in the compensation discipline or related HR or Finance experience is required.
• Advanced knowledge of Microsoft Office products to be used to develop analysis, charts, or other supporting documentation.
• Excellent analytical and problem-solving skills.
• Strong verbal and written communication skills.
• Excellent organizational and multi-tasking skills.
• Strong detail orientation.
• Strong computer skills, including advanced Microsoft Excel skills.
• Experience with HR Information System (HRIS) required – Workday experience preferred.
  
  

About Versique

At Versique, we believe people are more than a resume. People invent, propel, unearth, and build. They transform teams, markets, industries, and bottom lines. People do more than fill an open position. They open greater potential. We're here to help fill your human potential and build your human capacity. The Versique brand represents a powerful combination of "versatile" and "unique," hinting at the concept of "search" in its pronunciation.

In 2023, Versique made the Inc. 5000 list of fastest-growing private companies and the Minneapolis-St. Paul Business Journal's Fast 50 list for fastest-growing private companies in Minnesota. Additionally, for the past four years, Versique has been recognized as a Star Tribune Top Workplace and awarded a Best Place to Work in 2022 by the Minneapolis/St. Paul Business Journal, which speaks to the incredible culture we've fostered.

We believe people are the ultimate business advantage. Let's find your people together. And make the best possible.

Versique is an equal-opportunity employer committed to creating a diverse workforce. We consider all qualified applicants regardless of race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors.