Compensation and Benefits Analyst

  • World Jobs
  • Dammam Saudi Arabia
  • Feb 15, 2019
Full time Human-Resources

Job Description

Working under the supervision of the Compensation and Benefits Specialist. The analyst is responsible for the data cleaning, the preparation of reports and the data accuracy. The analyst usually does not run the critical HR C&B processes, but contributes strongly to the data preparation.

Key Responsibilities of C&B Analyst

  • Prepares data for compensation and benefits analyses
  • Clean reported data and checks the quality of data
  • Provides support to HR Business Partners with data
  • Cooperates with the salary benchmarking external consulting company
  • Calculates the variable pay for employees under a close supervision of C&B specialist (bonuses, incentives, stock option plans, etc)
  • Run the audit reports and informs C&B Manager about the results of audit tests
  • Approves compensation changes using defined rules (salary changes, variable pay changes, incentive plan change/allocations)
  • Advices other members of HR team on basic C&B topics
  • Analyses the compensation data against the compensation policies and reports non-compliant cases and behavior
  • Learns C&B processes and practices to advance the career

Key Skills

  • Strong analytical skills
  • Excellent MS Office skills (MS Excel, MS PowerPoint)
  • Communication skills
  • Negotiation skills
  • Strong Time Management skills
  • Self-management skills
  • Team Player

Career Path

The Compensation and Benefits Analyst usually advances the career to the job position of the Compensation and Benefits specialist. Some analysts advances the career in Finance or Operations department.