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Compensation Analyst

Minneapolis, MN 55014

Posted: 09/12/2024 Employment Type: Permanent Category: Human Resources Job Number: 27127

Job Description

Dahl Consulting is currently partnering with a leader in the engineering industry. We work one-on-one with great candidates to help connect them with local employment opportunities. This company is hiring a Compensation Analyst for a permanent position! Interested? Get more details below.
 
  • Worksite Location: Twin Cities, Minnesota - Hybrid 
  • Salary Range: $85,000-125,000 DOQ

Compensation Analyst Description:
The Compensation Analyst is responsible for managing and administering employee benefits programs and compensation plans for North America. This role involves analyzing compensation data, researching industry trends, and ensuring that the company's benefits packages are competitive and aligned with organizational goals and budget constraints.

What you’ll do as the Compensation Analyst:
  • Develop, implement, and continuously improve our compensation strategies and programs including pay bands, job design, incentives and overall compensation philosophy
  • Provide support and training to internal stakeholders regarding compensation issues
  • Evaluate job positions, determine pay bands and/or market pricing and assist with updating job descriptions, as needed
  • Analyze data and prepare reports on compensation trends, costs and effectiveness
  • Partner with Total Rewards Leader in benchmarking information to ensure company remains competitive in the market
  • Manage the annual compensation process such as merit-based pay increases and short-term incentive programs including communication and education
  • Responsible for administration of the company workers’ compensation program, including monitoring claims, maintaining files and providing necessary support in defense of claims
  • Responsible for notifying the employee’s supervisor of the status of the case, coordinating the return to work of the employee, tracking changes in benefit levels, and updating employment status
  • Coordinate amongst company managers, HR, safety teams, insurance adjusters, medical providers and employees to investigate and process claims
  • Follow up on all actions and formulates the best resolution of the claims; facilitate litigation plan evaluation and management, as well as cost containment strategies

What you’ll bring to the Compensation Analyst role:
  • Bachelor’s degree in related field
  • 5+ years of previous experience in a similar role
  • Knowledge of federal, state, and local laws related to leaves and benefits (Health and welfare, and retirement)
  • Strong attention to detail and accuracy while managing multiple projects and processes
  • Adaptable and flexible to changing work environments and complex employee needs
  • Excellent communication skills verbal, written and virtual
  • Ability to communicate compensation plan designs to all levels of the organization
  • Advanced Microsoft office skills including Excel, word, PowerPoint
  • Previous HRIS experience required; Ceridian Dayforce a PLUS

Take the first step on your new career path! To submit yourself for consideration for this role, simply click the apply button and complete our mobile-friendly online application. Once we’ve reviewed your application details, a recruiter will reach out to you with the next steps! For questions or more information about this role, please call our office at (651) 772-9225.

As an equal-opportunity employer, Dahl Consulting welcomes candidates of all backgrounds and experiences to apply. If this position sounds like the right opportunity for you, we encourage you to take the next step and connect with us. We look forward to meeting you!

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About Minneapolis, MN

Ready to take the next step in your career? Explore our job opportunities in the vibrant Minneapolis, Minnesota area! Known for its picturesque lakes, thriving arts scene with renowned spots such as the Walker Art Center and Guthrie Theater, and home to the iconic Mall of America, this region offers a perfect blend of urban excitement and natural beauty. With top-tier professional sports teams like the Minnesota Vikings and Timberwolves, delicious local cuisine including Juicy Lucys and Scandinavian pastries, and an abundance of parks and outdoor activities like Minnehaha Falls and the Chain of Lakes, Minneapolis provides an unmatched quality of life for job seekers looking to grow their careers. Join us in discovering all that this charming and diverse area has to offer!