Description
+ We are seeking a results-driven Senior Associate, Compensation to join our dynamic Human Resources team. This role will play a critical part in managing compensation and leading market benchmarking initiatives. The ideal candidate will bring strong data analytics capabilities, in-depth understanding of AON and Mercer methodologies, and proven experience in compensation management.
Roles & Responsibilities:
Compensation Benchmarking & Analysis:
+ Lead and coordinate compensation benchmarking initiatives using AON, Mercer, and other relevant market survey tools.
+ Analyze market trends and provide insights to ensure our compensation structures remain competitive and aligned with business goals.
+ Prepare detailed compensation analyses and reports to support compensation decisions and recommendations.
+ Benefits Administration Support:
+ Collaborate with benefits vendors and internal stakeholders to ensure smooth administration of health, wellness, and retirement programs.
+ Support the annual benefits renewal cycle, including data preparation, cost analysis, and communications review.
+ Monitor benefit plan performance and suggest enhancements based on employee feedback and market trends.
+ Compensation Operations:
+ Manage and maintain compensation-related data, including salary structures, job levelling, and pay equity.
+ Support annual compensation cycles (merit, bonus, and equity) including system setup, data audits, and communication material preparation.
+ Partner with HR Business Partners to resolve compensation-related inquiries and provide analytical support.
+ Data Analytics & Reporting:
+ Develop and maintain compensation and benefits dashboards and KPIs.
Qualifications:
+ Bachelor’s degree in Human Resources, Business, Finance, or related field; Master’s degree or HR certification (e.g., CCP) is a plus.
+ 6 – 9 years of experience in Total Rewards, Compensation, or Benefits Mgmt roles.
+ Strong proficiency with market survey platforms (AON, Mercer) and benchmarking methodologies
+ Exposure to Market Pricing tools ( CompAnalyst, MarketPay, etc)
+ Advanced Excel and data visualization/reporting skills; familiarity with tools like Power BI or Tableau is a plus.
+ Experience with HRIS systems (e.g., Workday, SuccessFactors) and compensation management platforms.
+ Exceptional analytical, communication, and project management skills.
+ Strong attention to detail and ability to handle confidential information with discretion
