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SalaryJob Purpose:
The Compensation Analyst performs a variety of compensation activities, including but not limited to providing support to more senior compensation staff, guidance to line and HR management regarding compensation actions for employees, administering/coordinating annual compensation planning processes, and analyzing and reporting internal and external market compensation data.
The Compensation Analyst performs a variety of compensation activities, including but not limited to providing support to more senior compensation staff, guidance to line and HR management regarding compensation actions for employees, administering/coordinating annual compensation planning processes, and analyzing and reporting internal and external market compensation data.
This position collaborates and consults with HR partners and business leaders to develop effective solutions in the following areas: job design, analysis and evaluation, salary administration, market pricing and analysis, FLSA/compliance/regulatory issues, and other compensation related issues. In addition, this position serves as a compensation resource on a broad range of issues with minimal direction and review. May independently lead large compensation projects on a regular basis.
Job Responsibilities:
- Collaborate with Compensation Consultant’s and equip them with required knowledge and tools to ensure compensation solutions meet client needs
- Provide leadership over market pricing and compensation surveys; perform independent analysis of internal and external benchmarking data to support compensation needs.
- Conduct job design, analysis, and evaluations of non-represented jobs, represented jobs, and supervisory jobs in assigned areas to determine relative job worth
- Actively lead and/or participate in functional and firm-wide projects involving compensation, including changes in compensation practices and systems development.
- Provide leadership and support over a broad range of administrative activities associated with various compensation processes
- Provide annual compensation planning and administration support, involving coordination across CUNA Mutual, and working closely with HR partners and Finance colleagues.
- May participate in the annual sales incentive design process
- Make recommendations regarding compensation policy direction
- May directly support client areas: design, develop, administer and communicate innovative and cost-effective compensation programs to support internal equity, external competitiveness and consistent application of salary practices throughout the organization
Job Requirements:
- Bachelor’s degree in Human Resources, Finance, Business or equivalent professional work experience. Certified Compensation Professional welcome.
- 3-5 years compensation/human resources/business experience
- Demonstrated analytical, conceptual thinking, and quantitative skills
- Good understanding of technical applications, including spreadsheet and database software tools
- High level of communication, verbal, written, relationship, negation, and influencing skills
- Proven effective project management skills
- Experience with Payfactors and/or Workday is a plus
- Knowledge of legislation relating to Compensation is preferred
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Compensation may vary based on the job level, your geographic work location, position incentive plan and exemption status.
Base Salary Range:
CUNA Mutual Group’s insurance, retirement and investment products provide financial security and protection to credit unions and their members worldwide. As a dynamic and growing company, we strive to create a culture of performance, high standards and defined values. In return for your skills and contributions, we offer highly competitive compensation and benefit packages, significant professional growth, and the opportunity to win and be rewarded.
Please provide your Work Experience and Education or attach a copy of your resume. Applications received without this information may be removed from consideration.
Accommodation Request
At CUNA Mutual Group we believe in fostering an inclusive environment where everyone can bring their best self and thrive. If application or interview process accommodations are needed please notify us at
talentacquisition@cunamutual.com
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