About the role:

The Compensation Analyst will research job requirements and evaluate job positions to ensure the company is competitive in the areas of salaries and employee benefits.

Essential Functions:  

  • Evaluates job descriptions for each position in the organization; ensures descriptions accurately reflect the work being performed by incumbents.
  • Interviews and surveys employees and managers to gather and document job, organizational, and occupational information including duties, responsibilities, and skills required by each job.
  • Assesses jobs and their respective duties to determine classification as exempt or nonexempt and appropriate salary range.
  • Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.
  • Prepares and maintains job classifications and career levels.
  • Prepares and presents summary reports of job analysis and compensation analysis information.
  • Gathers data from market-based compensation surveys; performs quantitative data analysis to, and summarizes results and market trends.
  • Evaluates and implements job analysis instruments and materials.
  • Researches employee benefits in similar industries; based on findings, recommends changes or updates to the company’s existing benefits or policies.
  • Works with insurance brokers and investment planners to create competitive, cost-effective benefits packages for the organization; facilitates implementation and enrollment for insurance and retirement plans.
  • Conducts focus groups to collect employee feedback on specific issues or topics related to benefits and compensation.
  • Plans and communicates preferred methods and best practices for hiring, training, compensating, and evaluating employees.
  • Advises management on applicable state and federal employment regulations, benefits and compensation policies, human resource procedures, and collective agreements.
  • Performs other related duties as assigned.

Qualifications: 

  • 2+ years as a in People, Business Operations or Compensation Analytics
  • Extensive expertise with spreadsheet software such as Excel and Google Sheets.
  • Excellent written and verbal communication skills with strong detail orientation.
  • Excellent organizational and time management skills.
  • Extensive knowledge of quantitative and qualitative research methods.
  • Preferred knowledge of human resource laws, regulations and best practices
  • Previous experience as compensation analyst preferred
  • Bachelors degree in Human Resources or related field, or equivalent experience.

This role is open to candidates inside and outside of Colorado, but for those hired in Colorado the expected salary range for this role is $80,000 to $95,000. 

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