Compensation Analyst

3 weeks ago

Dubai, United Arab Emirates Jobot Full time

A Bit AboutUs

Prominent law firm inChicago is in need of a Compensation Analyst to join theirteam.

Whyjoinus?

Medical

Dental

Vision

401K

STD/LTD

Life

JobDetails

JobDetails

We are seeking a diligent andexperienced Permanent Compensation Analyst to join our dynamiclegal team. This is an excellent opportunity for a seasonedprofessional with a strong background in compensation analysis toplay a pivotal role in our organization. The successful candidatewill be primarily responsible for managing and implementingcompensation strategies, ensuring compliance with legalregulations, and maintaining compensation budgets. You will also beinvolved in the reconciliation of compensation, ensuring that allemployees are compensated fairly and in accordance with companypolicies and legalstandards.

Responsibilities

Asa Permanent Compensation Analyst, your key responsibilities willinclude

  • Developing,implementing, and managing comprehensive compensation strategiesthat align with the company's goals and industrystandards.
  • Conducting regular compensationanalysis to ensure internal equity and externalcompetitiveness.
  • Collaborating with HR andlegal teams to ensure compliance with all federal, state, and localcompensation laws and regulations.
  • Managingcompensation budgets, ensuring that all compensation plans arefinancially sustainable.
  • Reconciliation ofcompensation, ensuring accurate and timely payment of salaries,bonuses, and other forms ofcompensation.
  • Assisting in the design andadministration of compensation programs, including base pay,incentive pay, and equity programs.
  • Providingcompensation guidance and recommendations to HR and management,including job evaluation, salary structure development, andpay-for-performance strategies.
  • Conductingmarket research to understand current compensation trends andmaking recommendations based onfindings.
  • Preparing detailed reports andpresentations on compensation strategies for seniormanagement.

Qualifications

Theideal candidate for the Permanent Compensation Analyst role shouldpossess the following qualifications

  • A minimum of 5 years of experience ina compensation analyst role, preferably in the legalindustry.
  • Bachelor's degree in HumanResources, Finance, or a relatedfield.
  • Certified Compensation Professional(CCP) certification is required.
  • Extensiveknowledge of compensation strategies, laws, andregulations.
  • Proven experience withcompensation reconciliation andbudgeting.
  • Excellent analytical skills with theability to interpret complex compensationdata.
  • Strong communication skills, both writtenand verbal, with the ability to present complex information in aclear and concise manner.
  • Proficiency in usingHRIS and compensation managementsoftware.
  • Strong attention to detail and theability to handle multiple taskssimultaneously.
  • Excellent problem-solvingskills and the ability to think strategically about compensationissues.

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