Compensation Analyst
Worthington Industries has an exciting future ahead! In 2024, the company will be splitting into two great companies, both operating as they do today with a people-first philosophy.
This also means there are some exciting career opportunities on the horizon.
We are adding a Compensation Analyst to our New Worthington business.
Apply today if interested.
Join our Human Resources team as a Compensation Analyst.
The Compensation Analyst performs a variety of analytical tasks to support the Worthington Industries compensation philosophy, while maintaining market competitive compensation structures.
This position is responsible for studying and analyzing hourly, salaried and management positions to make sure the company is maintaining current trends.
This role conducts and participates in compensation surveys facilitated by third party vendors or by other companies.
The Analyst performs numerous tasks including annual market reviews; overseeing merit processes; developing, updating and maintaining compensation structures; ad hoc market reviews related to new or changing roles; providing annual employee communications, and more.
The ideal candidate is a highly analytical communicator with excellent organizational and prioritizing skills.
ResponsibilitiesProvides compensation analysis and offer letters for salaried new hires, promotions, position changes, etc.
Provides guidance to mangers consistent with the Company's compensation philosophy regarding compensation issues.
Completes special requests/projects as needed.
Maintains external market survey database matches.
Participates in external market survey questionnaires to reduce data costs.
Evaluates and recommends surveys to be included in market comparisons.
Assists with annual market reviews for the hourly and salary groups.
Assists with merit processes and recommendations for merit budgets for the hourly and salary groups.
Recommends structural changes to account for shifts in market compensation.
Evaluates roles and responsibilities and recommends placement of new and modified positions in the compensation structure based on market value, internal equity and proper FLSA classification.
Audits and maintains appropriate job and grade classifications in HRIS system.
Assists in developing and maintaining WI compensation policies and procedures and overall compensation structures.
Recommends pay practice and program changesOther duties as assigned.
Desired ExperienceAdvanced skill in Excel and other MS Office applicationsStrong communication skillsStrong organizational and analytical skillsSkilled math and statistics skillsExcellent prioritizing skills3 years of human resources, financial analysis, payroll or compensation related experience Recommended Skills Auditing Communication Databases Financial Analysis Financial Management Human Resources Estimated Salary: $20 to $28 per hour based on qualifications.
This also means there are some exciting career opportunities on the horizon.
We are adding a Compensation Analyst to our New Worthington business.
Apply today if interested.
Join our Human Resources team as a Compensation Analyst.
The Compensation Analyst performs a variety of analytical tasks to support the Worthington Industries compensation philosophy, while maintaining market competitive compensation structures.
This position is responsible for studying and analyzing hourly, salaried and management positions to make sure the company is maintaining current trends.
This role conducts and participates in compensation surveys facilitated by third party vendors or by other companies.
The Analyst performs numerous tasks including annual market reviews; overseeing merit processes; developing, updating and maintaining compensation structures; ad hoc market reviews related to new or changing roles; providing annual employee communications, and more.
The ideal candidate is a highly analytical communicator with excellent organizational and prioritizing skills.
ResponsibilitiesProvides compensation analysis and offer letters for salaried new hires, promotions, position changes, etc.
Provides guidance to mangers consistent with the Company's compensation philosophy regarding compensation issues.
Completes special requests/projects as needed.
Maintains external market survey database matches.
Participates in external market survey questionnaires to reduce data costs.
Evaluates and recommends surveys to be included in market comparisons.
Assists with annual market reviews for the hourly and salary groups.
Assists with merit processes and recommendations for merit budgets for the hourly and salary groups.
Recommends structural changes to account for shifts in market compensation.
Evaluates roles and responsibilities and recommends placement of new and modified positions in the compensation structure based on market value, internal equity and proper FLSA classification.
Audits and maintains appropriate job and grade classifications in HRIS system.
Assists in developing and maintaining WI compensation policies and procedures and overall compensation structures.
Recommends pay practice and program changesOther duties as assigned.
Desired ExperienceAdvanced skill in Excel and other MS Office applicationsStrong communication skillsStrong organizational and analytical skillsSkilled math and statistics skillsExcellent prioritizing skills3 years of human resources, financial analysis, payroll or compensation related experience Recommended Skills Auditing Communication Databases Financial Analysis Financial Management Human Resources Estimated Salary: $20 to $28 per hour based on qualifications.
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