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Compensation Analyst

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INNOVA SOLUTIONS, INC

2024-09-20 09:50:56

Job location Newport News, Virginia, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Innova Solutions is immediately hiring a Compensation Analyst.


Position type: Full-time - Contract

Duration: 12+ Months

Location: Newport News, VA 23607


As a Compensation Analyst, you will:

Job Description:

• Retention record maintenance, Tracking bonus and incentives, Conduct surveys and studies labor markets to determine compensation trends, Job reviews and evaluations, review and update job descriptions and qualifications, establish pay rates, stay abreast and analyze government regulations (local, state and federal), company policies, and agreements for compliance (including locations outside of Virginia), review job classification and makes recommendations, support HR Business Partners for Compensation related activities, Reporting and trend analysis, Facilitate and conduct training across the company, other duties as assigned.



• Develops, implements, administers compensation and incentive policy, procedures, practices, and programs.

• Conducts surveys and studies labor markets to determine compensation trends; analyzes jobs, and reviews job descriptions and specifications.

• Applies job evaluation techniques to establish equitable compensation rates within the organization as compared with rates in industry.

• Analyzes government regulations, company policies, and agreements with labor unions to establish standard rates.

• Reviews classification and compensation changes and makes recommendations with respect to tasks to be performed, qualifications of employee, and company policy and budgetary limitations.

• Provides guidance and makes recommendations to line managers and generalists on all compensation issues; and interprets local, state, and federal laws regulating compensation practices. May be responsible for executive compensation, HRIS functions, incentive plan and stock option administration.


Skill Needed:

• Strong Excel, PowerPoint and Technical skills, experience in developing and conducting training sessions,

• Ability to quickly adapt to fast-paced environment, ability to work independently,

• Display strong skillset in Time Management and meeting deadlines, and prior HR experience.


Must Have:

• Strong Technical skills,

• Effective Communicator (verbal and written),

• Ability to learn quickly and apply learning towards execution.


Qualified candidates should APPLY NOW for immediate consideration! Please hit APPLY to provide the required information, and we will be back in touch as soon as possible.

We are currently interviewing to fill this and other similar positions. If this role is not a fit for you, we do offer a referral bonus program for referrals that we successfully place with our clients, subject to program guidelines. ASK ME HOW.


Thank you!

Talat

Associate Recruitment


Inform a friend!

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