Compensation Analyst

  • Gurgaon
  • Confidential
  • 2-5 years
  • Views
  • 01 Feb 2018

  • HR/ Human Resources

  • Automobile/ Auto Components
Job Description

Role of C&B Analyst

As the junior in the C&B team the analyst focuses on the preparatory and repetitive tasks as he/she gains the experience and recognizes the quality of data. The analyst learns to use right data sources and the main C&B processes in the organization. The analyst prepares analyses of basic C&B stuff under a supervision of the more senior C&B specialist.

The C&B Analyst participates in HR projects as the regular team member and provides inputs for the successful completion of projects.

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

Competencies/Skill sets for this job

Compensation Benefits C&B