Compensation Analyst

Lannett Philadelphia , PA 19107

Posted 8 months ago

Compensation Analyst

The Compensation Analyst supports management in the design, development, implementation and administration of pay programs including base pay, salary administration, salary surveys, job descriptions and evaluations, and market pricing analysis. This position will consult with the talent acquisition team providing pay recommendations for assigned business group. The Compensation Analyst will provide strong analytical support for various compensation projects.

Responsibilities:

  • Create, edit, review and maintain job description library

  • Conduct job analysis on all new and current positions

  • Take a lead role in providing guidance to department managers in regards to job families and creating career ladders

  • Perform market analysis and internal equity studies

  • Grade new and current positions

  • Provide compensation support and consultation to talent acquisition team for employment offers, step progression and promotional increases for assigned business group

  • Participate in annual merit process which includes budgeting, analysis, and preparing presentations

  • Participate in compensation surveys, interpret data and provide recommendations for level changes

  • Model and analyze current and new compensation programs

  • Identify pay trends and develop recommendations to address areas of opportunity

  • Perform analysis, modeling, calculations and audits as needed

  • Manage SharePoint site

  • Adhere to Federal and State labor laws and practices

Requirements:

  • Bachelor's degree in Human Resources or Finance

  • Minimum 2 years of experience in compensation

  • CCP Certification preferred

  • Advanced Excel skills including vlookups, pivot tables and formulas

  • Experience with PowerPoint

  • Strong attention to detail and accuracy

  • Strong communication skills both written and verbal

  • Excellent analytical, problem solving and organizational skills

  • Ability to work independently and establish effective relationships with customers

  • Experience with SharePoint preferred

  • Ability to manage multiple projects or assignments

  • Ability to perform office based tasks

  • Ability to travel roughly 5%

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Compensation Analyst

Lannett