Compensation Analyst

The Compensation Analyst role ensures the development, implementation and management of effective compensation programs that attract, motivate and retain top talent. This role is crucial for maintaining a competitive edge in the industry by ensuring that compensation packages are fair, equitable and aligned with both industry standards and the strategic goals of the firm. This is a full-time, exempt position paid on an annual salary basis.

Life at Parkhill 

• Benchmarks company positions against survey data and other market intelligence to determine competitive compensation ranges across various geographic regions
• Analyzes compensation data and prepares detailed reports for leadership, highlighting trends and recommending adjustments
• Performs detailed audits on compensation structures and the classification of exempt versus non-exempt employees
• Analyzes and evaluates compensation differential rates across multiple geographic locations to ensure equity and competitiveness
• Prepares and submits compliance reports, including Affirmative Action reporting, to ensure compliance with federal, state, and local laws and regulations
• Supports annual merit increases and incentive plan administration
• Supports Talent Acquisition team in preparing job descriptions, evaluating jobs, and reviewing salaries for internal employees and external candidates
• Ensures job descriptions are aligned with business needs and comply with relevant regulations and standards
• Participates in the budgeting process by providing compensation-related data and forecasts
• Analyzes and compares company benefits offerings with those of competing companies to ensure competitive and attractive compensation packages
• Other duties as assigned

• Bachelor’s degree in Human Resources, Business, Finance, or related field
• Minimum 1-3 years’ experience in compensation analysis or a related HR role; working knowledge of compensation program analysis, job evaluation techniques, market pricing, and processes
• Advanced skills in Microsoft Excel, including the ability to create complex spreadsheets and perform data analysis
• Familiarity with job evaluation methods, market pricing techniques, and salary survey participation
• Frequent interactions with a wide variety of internal contacts with all levels of authority and responsibility
• Sound judgment and a high level of integrity with the ability to maintain confidentiality and handle sensitive information with discretion
• Strong problem-solving skills and a proactive approach to identifying and addressing compensation issues

Benefits and Perks

We offer a comprehensive benefits program that supports the whole person. Our benefits include:

• Life Balance: hybrid/flexible work schedules, flexible work environment, generous PTO, paid holidays. 
• Investing in Your Future Growth: specialized training, continuing education, professional licensing, intern development programs, University of Parkhill. 
• Competitive Benefits: Multiple health plan options, FSA for dependent care, HSA contributions, employer 401k contribution, ermployer-paid basic life, short/long term disability coverage, performance bonuses.       
• Well-Being: mental health care, culture committees, wellness program, charitable giving match.