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Compensation Analyst II

Posting Date: Nov 15, 2020

Location: Noida, UP, IN

Company: iQor

Req ID: 20081 

Additional Work Locations:     

We’re excited you’ve considered to Be More with iQor. From Customer Interactions to Product Support, we’ll help you reach, stretch and realize your potential. Grow More with your own customized career path. Learn More with award-winning training.  Earn More with industry-leading compensation.  And Care More in a culture that treats you like family and gives back to your community.  A world of opportunity is waiting. Let’s get started! 

Summary

The compensation analyst is the key resource in the Global Compensation team with regards to salary and incentive programs and supports other compensation programs such as performance management, succession planning and sales commissions. As a Compensation analyst, the incumbent will be responsible for Analyzing and interpreting company's remuneration programs. Reviewing wide range of relevant compensation data to ensure company's remuneration policies are competitive along with developing/improvising compensation structure to optimize hiring and maximize employee retention by analyzing remuneration packages and position responsibilities.

Responsibilities
  • Collaborates with the VP and Sr. Compensation Manager on a variety of projects, including program design, analysis, budgeting, and implementation of new programs.
  • Administers base pay and bonus programs, including quarterly and annual performance review and bonus programs.
  • Manages projects such as salary analysis, wage bands, and supports merit increase and budget process. Develops and documents procedures to streamline processes.
  • Coordinates with HR managers to educate managers.
  • Predicting future trends to steer company in a positive direction.
  • Evaluates and implements job analysis instruments and materials
  • Works with HRIS and IT staff to ensure that the Success Factors system meets compensation needs and is updated to reflect changes to salary structures, bonus programs, etc.
  • Assists local HR and other managers with compensation-related issues.
  • Performs other duties as assigned.
Requirements
  • 3 or more years of experience into compensation administration function.
  • Strong Ms Excel and Analytical Skills
Education Requirement
  • Minimum Graduate or equivalents degree holders are eligible for this position.
  • Degree or Certificate into Compensation management/administration would be added benefit.

 

 

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Individual will be required to sit and/or remain stationary for extended periods of time.   Individual will be required to type and/or operate a computer and other office productivity machinery for extended periods of time.  The worker is required to have close visual acuity to perform activities such as: preparing and analyzing data and/or documents; transcribing; viewing a computer terminal and/or extensive reading.  The person in this position may need to occasionally walk or otherwise traverse, stand, exert up to 10 lbs. of force to push, pull, lift or otherwise move objects, bend, reach, kneel, and/or twist for minimal periods of time.  Employees should not attempt to lift, pull or push a load in excess of 50 lbs. without assistance.  Care should always be taken when lifting, pushing or pulling in an awkward position.   

iQor.com