Compensation Analyst Resume
Compensation analysts are responsible for preparing an attractive compensation and benefits package in order to retain skilled employees. They have to ensure that employees are paid according to their skills and are happy working with the company. They do this human resource function by collecting payroll data and researching on the salary and benefits offered for the same skills by other companies in similar business. These analyst also conduct internal and external survey to ascertain no discrepancies in salary structures. Further, the jobholders are also asked to analyze the seriousness of injury to a worker at work and fix a certain amount as a compensation. In short, the main role of this job profile is to check employees are given competitive and reasonable salary and compensation packages.
A degree in human resources, finance, or business administration is essential for this job position. Besides being qualified, the jobholder must also pose analytical, organization, and effective communication skills. Further, knowledge of labor laws and regulations and a certification as a Compensation Professional are must to hold.
For cover letter help, see our Compensation Analyst Cover Letter
Compensation Analyst Resume Sample
David C. Matter
1220 Columbia Mine Road
Beckley, WV 25801
Phone: 304-575-4525
Email: dcmatter@example.com
Career Objective:
Interested in working as a compensation analyst with “Techtronic Inc.,” and provide support to the HR team in developing a reasonable and competitive salary and compensation packages that can help in retaining skilled employees.
Summary of Skills:
- Strong knowledge of human resources activities and compensation and benefits packages
- Experienced in performing internal and external survey and developing salary structure
- Strong attention to detail with abilities to analyze data and review company operations
- Expert in working with Excel, MS Access, and customized database software
- Strong knowledge of labor laws and recruitment procedures
- Skilled in handling multiple projects and working under pressure
Work Experience:
Compensation Analyst
Dreamland Association, Beckley, WV
October 2014 - Present
- Collecting and analyzing internal and external data and comparing salary structures for a particular job title
- Recommending, developing, and implementing a reasonable and competitive salary and compensation structure for employees
- Reviewing and modifying recruitment procedures and assisting the HR team
- Evaluating job titles and ensuring they are appropriate to the skills used and configuring pay grades
- Planning and designing incentive plans for highly-skilled employees and attracting new talents
- Ensuring compensation and bonus programs are competitive with other businesses
- Consulting doctors to understand seriousness of injuries and determining fair compensation amount for workers injured at work
Compensation Analyst
City Hospital, Beckley, WV
February 2013 - September 2014
- Performed review on annual salary and bonus programs and provided recommendation to the management
- Developed budgets and compensation structures to create better work environment and maximizing retention of talented employees
- Conducted internal and external survey on salary structure of other business and present reports to the higher authorities
- Evaluated job title, job descriptions, and provided salary recommendations
- Reviewed and modified internal operating procedures for the HR department
- Updated employees data in the employee directory and assisted in the setup of HR modules
Education:
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Bachelor's Degree in Business Administration
ABC University, Beckley, WV
2011
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Certified Compensation Professional
ABC Technical Institute, Beckley, WV
2012
Reference:
On request.
