Ncontracts is hiring a
Sr. Compensation Analyst in Worldwide

Summary

Ncontracts is seeking a skilled and analytical Senior Compensation Analyst to join their HR team. The role involves leading the analysis, development, design, execution, and communication of various compensation programs, including job evaluation and design, market pricing and compensation benchmarking, and analysis of a variety of compensation elements.

Requirements

• 5+ years in compensation analysis or related field preferably in 300-500 employee organization
• 3+ years of HRIS experience, preferably Paylocity
• 2+ years of conducting and submitting annual compensation survey studies, such as Radford/Mercer
• 2+ years of Benefit Experience
• Strong analytical skills with proficiency in statistical analysis and data visualization tools
• In-depth knowledge of compensation principals, practices, and regulations
• Detail-oriented with a high level of accuracy and integrity in handling sensitive and confidential data
• Demonstrated ability to adapt and guide through change – being able to pivot if needed
• Proactive, self-driven, and an advanced problem-solver
• Possess strong customer service and collaboration mindset
• Effective process and project management skills
• Proficient technology skills, including minimum of intermediate experience with Microsoft Office (Word, Excel, etc.)
• Exceptional verbal, written and interpersonal communication skills

Responsibilities

• Provide support to the Chief HR Officer, including actions tracking & follow up, executive compensation recommendations and other comp committee board analysis and meeting preparation as well as other ad hoc support/analysis as requested
• Develop and maintain comprehensive salary structures and bands based on market data, job evaluations, and internal equity considerations. Collaborate with HR and business leaders to establish clear guidelines for salary ranges, progression paths, and pay differentials
• Deliver exceptional results by owning all aspects of Ncontracts relationship with Radford, submitting annual surveys, creating annual salary reviews, and assisting the Talent Acquisition Partner and Hiring Managers to set appropriate salaries for new hires and internal employees, leveraging our pay bands and Radford Compensation tool
• Own the annual merit increase and bonus cycles. Maintain the processes for evaluating performance, determining merit increases, and allocating bonuses in accordance with company policies and budgetary constraints
• Conduct detailed analyses of compensation data, including salary surveys, market trends, and internal pay structures. Utilize statistical techniques to interpret data and derive meaningful insights
• Research and evaluate external market data to benchmark compensation packages against industry standards. Identify areas for improvement and make recommendations to ensure competitiveness
• Evaluate job roles and responsibilities to determine appropriate job classifications and salary ranges. Collaborate with HR and hiring managers to establish accurate job descriptions and compensation levels
• Assist in the development and implementation of compensation strategies and programs that support the organization's goals and objectives. Provide guidance on salary adjustments, bonuses, and incentive plans
• Ensure compliance with all applicable laws and regulations governing compensation practices, including Fair Labor Standards Act (FLSA), Equal Pay Act, and other relevant legislation. Stay informed about changes in regulations and industry best practices
• Communicate compensation policies, procedures, and guidelines to managers and employees. Provide training and support to ensure understanding and compliance with compensation practices
• Serve as a backup to the HRIS administrator, assisting with system maintenance, data integrity checks, and user support. Provide troubleshooting assistance for HRIS-related issues and inquiries, ensuring timely resolution to minimize disruptions in HR operations
• Lead the configuration for the HRIS system for Open Enrollment, conduct systems testing, handle data file feeds and conduct pre and post open enrollment audits
• Support special projects and initiatives as needed, such as mergers and acquisitions, restructuring, or other business changes requiring compensation expertise

Preferred Qualifications

• CCP
• Bachelor’s degree in Business or Human Resources

Benefits

• A fun, fast-paced work environment
• Responsible PTO Plan that meets or exceeds state and local medical and family leave laws
• 11 paid holidays
• Community and social events to keep you connected and engaged
• Mental Health Benefits
• Medical, Dental and Vision insurance
• Company-paid Group Life Insurance, Short- and Long-Term Disability
• Flexible Spending Account & Health Savings Account
• Aflac Benefits – Critical Illness, Cancer Protection, & Hospital Choice
• Pet Insurance
• 401 (k) with company match with eligibility on Day 1 of employment
• 2 Paid Volunteer Time Off Days