Compensation Analyst
Dallas, Texas
Employer: Lockton, Inc.
Industry:
Salary: Competitive
Job type: Full-Time
Job Summary:
The Compensation Analyst is an entry level position that provides administrative and analytical support
to the compensation consulting group in delivering services to our clients.
• Collaborate with consultants to support various compensation projects by gathering, organizing,
analyzing, and interpreting data to prepare reports and presentations to deliver to client
• Gather and organize data from clients to participate in annual compensation salary survey
• Participate in job analysis and documentation process to develop job description
• Collaborate with consultants and clients to benchmark jobs against survey data and then conduct
relevant market pricing of job
• Analyze data to assist in developing salary structure
• Administer various client compensation programs including merit, bonus, etc. in accordance with
client service agreement
• Generate and distribute various weekly reports to clients in accordance with client service
agreement
• Aids in the design, development and enhancement of custom wage and benefit surveys, including
analysis and result
• Assists with impact analysis assessment of current compensation levels and pay mix relative to the
external market
• Study currents compensation trends and education through classes, reading, online learning and
other resources to increase knowledge
• Performs other responsibilities and duties as needed
Requirements:
• Desired proficiency in Power Point presentation and Word including mail merge to maximize
project efficiency
• Ability to create pivot tables and write formulas including Vlookup, Xlookup, Index, etc. in Excel
• Ability to work in large excel files (20,000 rows of data or more) to manipulate data and analyze
data and summarize reports and presentation
• Effective communication skills both verbal and written with the ability to correspond using proper
grammar
• General presentation skills and ability to read audiences
• Effective customer service, communication, and project management skill
• Basic understanding of applicable federal, state and municipality laws and regulations related to
compensation program
• Basic understanding of financial term
• General aptitude for compensation terms and principle
• Basic knowledge of HRIS/Compensation Administration tools and how to perform functions
accordingly
• Demonstrated ability to handle sensitive, confidential information and situations with tact and
diplomacy, maintaining the highest level of confidentiality, discretion, and professionalism on all
matter
• Ability to manage time, client specific deliverables, and deadlines with limited supervision
• Ability to prioritizes daily responsibilities with the ability to multitask between multiple clients.
• Ability to understand when to proceed alone and when to involve other
• Ability to work both independently and in a fast-paced team environment
• Overcome obstacles by addressing problems professionally and in the right forum
• Seeks resolution to basic client question
• Effective interpersonal communication skills and ability to interact with others to develop and foster
relationships including internal team/ department member
The Compensation Analyst is an entry level position that provides administrative and analytical support
to the compensation consulting group in delivering services to our clients.
• Collaborate with consultants to support various compensation projects by gathering, organizing,
analyzing, and interpreting data to prepare reports and presentations to deliver to client
• Gather and organize data from clients to participate in annual compensation salary survey
• Participate in job analysis and documentation process to develop job description
• Collaborate with consultants and clients to benchmark jobs against survey data and then conduct
relevant market pricing of job
• Analyze data to assist in developing salary structure
• Administer various client compensation programs including merit, bonus, etc. in accordance with
client service agreement
• Generate and distribute various weekly reports to clients in accordance with client service
agreement
• Aids in the design, development and enhancement of custom wage and benefit surveys, including
analysis and result
• Assists with impact analysis assessment of current compensation levels and pay mix relative to the
external market
• Study currents compensation trends and education through classes, reading, online learning and
other resources to increase knowledge
• Performs other responsibilities and duties as needed
Requirements:
• Desired proficiency in Power Point presentation and Word including mail merge to maximize
project efficiency
• Ability to create pivot tables and write formulas including Vlookup, Xlookup, Index, etc. in Excel
• Ability to work in large excel files (20,000 rows of data or more) to manipulate data and analyze
data and summarize reports and presentation
• Effective communication skills both verbal and written with the ability to correspond using proper
grammar
• General presentation skills and ability to read audiences
• Effective customer service, communication, and project management skill
• Basic understanding of applicable federal, state and municipality laws and regulations related to
compensation program
• Basic understanding of financial term
• General aptitude for compensation terms and principle
• Basic knowledge of HRIS/Compensation Administration tools and how to perform functions
accordingly
• Demonstrated ability to handle sensitive, confidential information and situations with tact and
diplomacy, maintaining the highest level of confidentiality, discretion, and professionalism on all
matter
• Ability to manage time, client specific deliverables, and deadlines with limited supervision
• Ability to prioritizes daily responsibilities with the ability to multitask between multiple clients.
• Ability to understand when to proceed alone and when to involve other
• Ability to work both independently and in a fast-paced team environment
• Overcome obstacles by addressing problems professionally and in the right forum
• Seeks resolution to basic client question
• Effective interpersonal communication skills and ability to interact with others to develop and foster
relationships including internal team/ department member
Created: 2024-09-15
Reference: 2401E8
Country: United States
State: Texas
City: Dallas
ZIP: 75287
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