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Tekwissen · Reston, Virginia
Job Title: Compensation Analyst
Reston, VA 20191
Duration: 5 Months
Job Type: Temporary Assignment
Work Type: Hybrid
Pay Rate:$35.00-$40.00/HR
Overview:
TekWissen Group is a workforce management provider throughout the USA and many other countries in the world Wide.
Job Description:
Responsibilities:
Maintains, supports, and provides recommendations regarding the implementation and administration of compensation programs and systems intended to align total cash compensation with business objectives.
Conducts analysis of jobs, salaries and incentives in order to evaluate internal equity, external competitiveness, and legal compliance of pay practices.
Maintains an active list of upcoming minimum wage and minimum compensation changes. Collaborates with Compensation, HR, Financial Planning & Analysis, Commercial and other leaders to prepare cost models well in advance of effective dates. Shepherds increase models through the iterative and approval processes, then collaborates with HRIS and Payroll to implement changes.
Tracks the compliance level, effective dates and interdependencies on Bureau of Labor Statistics (BLS) Consumer Price Index (CPI), unemployment rates and other measures that determine timing and amount of increases as determined by each governing entity.
Performs internal and external market studies and recommends salary ranges and/or adjustments.
Analyzes new jobs and recommends new grades based on Market data and internal equity.
Reviews new company salary administration and incentive plans and assist in the administration of the annual merit review process.
Tracks state minimum wage increases and applies related increases to Union employees based on their seniority.
Proposes wage increases for Union employees based on state minimum wage and market data and estimates annual cost for increases.
Reviews compensation proposals for position requisitions and salary adjustment proposals to ensure internal equity and external competitiveness
Maintains job description database to ensure all current job descriptions are updated and posted
Develops reports and reporting mechanisms to meet broad-based information needs including metrics, analysis, and audit purposes.
Recommends Fair Labor Standards Act (FLSA) and Equal Employment Opportunity (EEO) classification for new and current positions
Performs audits for conformance to company structure and legal compliance
Provides guidance to the Human Resources business partners for compensation policies and processes
Plays active role in compensation data integration between merged or acquired companies
Conducts and participates in compensation surveys
Performs centralized data entry in payroll system for non-represented employees
Provides analysis and supports to the Human Resources team for projects and tasks as required
Qualifications
Bachelors degree from a four year college or university or relevant experience required.Some coursework in human resource management desired
Work
Minimum 5 years experience of compensation analysis required
Technical Skills: (Certification, Licenses and Registration)
Strong analytical skills
Excellent excel spreadsheet skills
Knowledge of information technology and compensation best practices
Certified Compensation Professional (CCP) preferred
Language / Communication Skills:
Ability to take initiative and be self-motivated
Proven teamwork with ability to work with team members across all corporate functions
Ability to interact effectively with all levels and operation units of the organization
Attention to detail and ability to provide fast turnaround when needed
Excellent communication skills - correspondence to internal and external customers
Ability to communicate effectively with individuals possessing varying degrees of technical and functional knowledge
TekWissen® Group is an equal opportunity employer supporting workforce diversity.
Details
| Company | Tekwissen |
| Location | Reston, Virginia |
| Type | FULL TIME |
| Niche | Business and Financial Operations Occupations |