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Associate Compensation Analyst

Company: Shakopee Mdewakanton Sioux Community Gaming Enterp
Location: Lakeville
Posted on: November 22, 2021

Job Description:

Job Summary:

The Associate Compensation Analyst is responsible for assisting in the analysis, implementation, and administration of compensation policies, frameworks and programs including base pay, incentives, deferred compensation and executive compensation plans. The position will research and prepare external market data to develop recommendations for maintaining or improving competitive pay programs and prepare internal data for market comparison. This position is also responsible for ensuring that enterprise compensation programs are consistently administered in compliance with internal policies and regulations.
Requirements

Primary Duties and Occasional Tasks: Assists in the analysis, development and implementation of various broad-based compensation programs, including salary structures, job evaluation and incentive plan programs.
Evaluates and prices jobs using market data to provide recommendations that meet business needs and internal equity. Manages survey reports and completes survey participation materials. Oversees maintenance of job code table with the HRIS system.
Participates and supports the administration of salary and variable pay programs including annual pay for performance merit review process, deferred compensation program, incentive plans, promotion/demotion increases, and market adjustments.
Works with departments to determine changes to the organizational charts and position profiles. Edits and maintains organizational charts and position profiles, ensuring all required approvals are obtained and current organizational charts and profiles are maintained within electronic files.
Partners with the HRIS team to ensure that data is accurate for use by the compensation department and human resources.
Provide input and assist with the assessment, implementation and ongoing use of market pricing software and data. Support the implementation of new compensation modules within HRIS platform.
Collaborates with cross-functional teams including Human Resources, Finance and IT on any compensation program design, program set-up and configuration, financial budgeting, or system updates.
Actively seeks to improve process efficiencies in all compensation related tasks
Respond to Gaming Commission questions and issues regarding organizational charts and position profiles.
Job Requirements:

Reflects MINIMUM EDUCATION, TRAINING, CERTIFICATION and EXPERIENCE required in order to meet the expectations of this job: Bachelor's Degree or equivalent combination of education and experience.
Minimum one year of experience in compensation and/or analytics.
Intermediate proficiency in Microsoft Excel, Word and PowerPoint.
Experience with human capital management systems such as UKG (formerly UltiPro), Workday, Oracle, etc. preferred
Excellent verbal and written communication skills to partner with all levels of Human Resources, leaders, team members and employees.
Commitment to high quality of work and excellent customer service.
Ability to handle multiple projects/priorities.
Ability to solve problems through innovative solutions and sound judgment.
Ability to identify process improvements and assist in developing, implementing and documenting new/improved processes.
Basic knowledge of FLSA and other regulatory requirements of compensation.
Basic understanding of the gaming industry preferred.

Keywords: Shakopee Mdewakanton Sioux Community Gaming Enterp, Lakeville , Associate Compensation Analyst, Professions , Lakeville, Minnesota

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