Senior Associate - Compensation

Career Category

Human Resources

Job 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

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