Compensation Analyst – remote
Capitol Recruiters Inc.
Washington DC, United States Full-time posted 6 days ago in Accounting-
Job ID 2400693
Job Description
Compensation Analyst remote for prominent global law firm in Washington, DC. This position can be fully remote but candidates must live within commuting distance to the DC office for occasional meetings in the office. This role will assist with the design and administration of the compensation program for professional staff, This includes managing all compensation policies/guidelines, administering the annual merit and bonus award processes and collaborating with the staff recruitment team/managers to benchmark new and existing positions. This role is a key member of the global compensation team. Ideal candidate has 5+ years of related experience in a global firm. Law firm experience is preferred. Prior experience with WorkDay and benefits administration helpful. Advanced Excel skills required. Duties: Review and maintain job descriptions/classifications/salary ranges. Analyze employee job descriptions with grading structure and propose appropriate placement within compensation structure. Assist with annual staff merit process and assist firmwide Directors through the process. Analyze changes in market/inflation/industry salary increase projections. Identify staff below market and recommend corrections. Create staff compensation statements. Collaborate with HRIS team to configure and launch systems designed to support annual compensation planning process. Enter information into HR system for compensation planning purposes. Lead participation in general, industry and country specific compensation surveys. Coordinate all survey data input and track results. Analyze market-based compensation survey results using statistical analysis to show trends and impact. Benchmark staff positions against survey data and other market intelligence to assess existing competitive posture. Collaborate with hiring managers and recruitment team to market price new and existing staff positions. Assist with development of appropriate compensation structures for each geography. This may involve configuring pay grades and evaluating new employee titles and ongoing reclassification. Continually review the market for best-in-class compensation systems to enhance our compensation planning process. Research and recommend best practices for compensation process improvement. Assist with annual budget development and monthly variance review in addition to compensation reporting and dashboards. Position Requirements: Bachelor’s degree required. Certified Compensation Professional (CCP) or other compensation designation desired. Must have 5 or more years’ experience working in a compensation analysis role preferably in a large law firm. Advanced Excel skills. In-depth experience with HRIS systems Workday preferred. Strong organization, analytical and financial modeling skills. Proven ability to translate analysis into themes and recommended actions. Strong planning, problem solving, and execution skills. Ability to work confidentially with sensitive information. Salary is commensurate with experience $86k – $121k