Human Resources

Junior Compensation Analyst

Looking to hire your next Junior Compensation Analyst? Here’s a full job description template to use as a guide.

About Vintti

Vintti is a cutting-edge staffing agency revolutionizing the way US companies build their teams. Leveraging advanced technology and embracing the power of remote work, we connect SMBs, startups, and firms across the United States with top-tier talent from Latin America. Our platform seamlessly integrates professionals into US business ecosystems, regardless of physical borders. Vintti operates on the principle of a borderless future of work, where skills and expertise trump geographical constraints.

Description

A Junior Compensation Analyst plays a critical role within the human resources and finance departments, focusing on analyzing and administering compensation programs to ensure equitable and competitive pay practices within an organization. This role involves gathering and interpreting data related to salaries, wages, and benefits, as well as preparing reports and recommendations to support decision-making processes. Junior Compensation Analysts work closely with senior analysts and HR professionals to assist in the development of compensation strategies that align with the company's objectives and industry standards, ensuring employees are fairly rewarded for their contributions.

Requirements

- Bachelor's degree in Human Resources, Finance, Business Administration, or a related field
- 1-2 years of experience in compensation analysis, HR, or a related field
- Proficiency in Microsoft Office Suite, especially Excel
- Strong analytical and problem-solving skills
- Excellent attention to detail and accuracy in data processing
- Understanding of compensation principles and practices
- Familiarity with salary surveys and compensation benchmarking
- Strong written and verbal communication skills
- Ability to handle confidential information with discretion
- Experience with HRIS and compensation management systems preferred
- Knowledge of relevant laws and regulations related to compensation
- Strong organizational and multitasking abilities
- Ability to collaborate and work effectively with cross-functional teams

Responsabilities

- Collect and compile data for salary surveys and market trend analyses
- Analyze compensation data for competitive salary structures and discrepancy identification
- Assist in developing and maintaining job classifications and salary grades
- Prepare and generate reports, spreadsheets, and presentations on compensation data
- Support administration of merit increases, bonuses, and other compensation programs
- Conduct research on compensation best practices and regulatory requirements
- Perform data entry and maintain compensation databases and systems
- Collaborate with HR and finance teams for accurate compensation data integration
- Respond to employee and management inquiries regarding compensation policies
- Participate in compensation-related projects and initiatives
- Assist in benchmarking positions against market data for competitive compensation ranges
- Maintain confidentiality and data integrity in all compensation processes
- Review and update compensation documentation, including job descriptions and policy manuals
- Provide support during annual compensation reviews and budgeting processes

Ideal Candidate

The ideal candidate for the Junior Compensation Analyst role will possess a Bachelor's degree in Human Resources, Finance, Business Administration, or a related field, along with 1-2 years of experience in compensation analysis or a related discipline. Proficiency in Microsoft Office Suite, particularly Excel, is essential, paired with strong analytical and problem-solving skills. They must demonstrate exceptional attention to detail and accuracy in data processing, with a solid understanding of compensation principles and practices. Familiarity with salary surveys, compensation benchmarking, and relevant laws and regulations is also necessary. The candidate should excel in building relationships, with excellent written and verbal communication skills, and the ability to handle confidential information with discretion. Experience with HRIS and compensation management systems is preferred. The ideal candidate will be proactive, self-motivated with a continuous learning attitude, and exhibit high ethical standards. They must demonstrate effective time management, organizational abilities, and adaptability to change. Additionally, they should possess strong interpersonal skills, a positive attitude, resilience under pressure, and be a team player who collaborates well with cross-functional teams while maintaining a customer-focused attitude and high level of professionalism. Their resourcefulness, ability to work independently when needed, and eagerness to take on new challenges and assignments will set them apart for this position.

On a typical day, you will...

- Collect and compile data related to compensation, including salary surveys and market trend analyses
- Analyze compensation data to ensure competitive salary structures and identify discrepancies
- Assist in the development and maintenance of job classifications and salary grades
- Prepare and generate reports, spreadsheets, and presentations on compensation-related data
- Support the administration of merit increases, bonuses, and other compensation programs
- Conduct research on compensation best practices and regulatory requirements
- Perform data entry and maintain compensation databases and systems
- Collaborate with HR and finance teams to ensure accurate compensation data integration
- Respond to employee and management inquiries regarding compensation policies and procedures
- Participate in compensation-related projects and initiatives as assigned
- Assist in benchmarking positions against market data to determine competitive compensation ranges
- Maintain confidentiality and ensure data integrity in all compensation processes
- Review and update compensation documentation, such as job descriptions and policy manuals
- Provide support during annual compensation reviews and budgeting processes

What we are looking for

- Analytical mindset with a keen attention to detail
- Strong numerical and data analysis skills
- Proactive and self-motivated with a continuous learning attitude
- Effective time management and organizational abilities
- High ethical standards and ability to maintain confidentiality
- Strong interpersonal skills and ability to build relationships
- Adaptability and willingness to embrace change
- Excellent critical thinking and problem-solving skills
- Clear and concise communication skills, both written and verbal
- Team player who collaborates well with cross-functional teams
- Customer-focused attitude and a high level of professionalism
- Resourcefulness and ability to work independently when needed
- Positive attitude and resilience under pressure
- High level of accuracy and precision in work output
- Eagerness to take on new challenges and assignments

What you can expect (benefits)

- Competitive salary range
- Comprehensive health insurance (medical, dental, vision)
- 401(k) retirement plan with company match
- Paid time off (vacation, sick leave, and holidays)
- Flexible work schedule options
- Remote work opportunities
- Professional development and training programs
- Tuition reimbursement
- Employee assistance program (EAP)
- Wellness programs and gym membership stipends
- Commuter benefits
- Life and disability insurance
- Opportunities for career advancement and growth
- Performance bonuses and merit increases
- Employee recognition and rewards programs
- Collaborative and inclusive work environment
- Company-sponsored social events and activities

Vintti logo

Do you want to find amazing talent?

See how we can help you find a perfect match in only 20 days.

Junior Compensation Analyst FAQs

Here are some common questions about our staffing services for startups across various industries.

More Job Descriptions

Browse all roles

Start Hiring Remote

Find the talent you need to grow your business

You can secure high-quality South American talent in just 20 days and for around $9,000 USD per year.

Start Hiring For Free