compensation analyst

Experience

Freshers (0-1) Years

Salary

6-10 Lakhs

Location

Work from Home
Posted - 5 days ago
Applications - 34
Vacancies- 200
The Golden Rise is seeking a dedicated Compensation Analyst to join our team. The role will involve conducting market research to analyze and determine competitive salary ranges, benefits packages, and incentive structures. Responsibilities will include evaluating job descriptions, conducting job evaluations, and making recommendations to ensure fair and equitable compensation practices. The ideal candidate will have a strong understanding of compensation principles and experience with job analysis and benchmarking. Strong analytical skills and attention to detail are essential for this position. Additionally, the Compensation Analyst will collaborate with HR and other departments to develop and implement compensation strategies that attract and retain top talent. Join our dynamic team at The Golden Rise and help us continue to reward our employees for their hard work and dedication.
Job Description

- Conduct analysis on current compensation trends in the market
- Evaluate job positions and recommend appropriate salary ranges
- Develop and implement salary structures and compensation plans
- Collaborate with HR and hiring managers to determine competitive compensation packages
- Conduct data analysis to ensure equitable and competitive pay practices
- Monitor and review compensation policies and procedures to ensure compliance with regulations
- Provide guidance and support to employees regarding compensation inquiries
- Stay up-to-date on industry best practices and legal requirements related to compensation
- Assist with budgeting and forecasting for compensation expenses
- Participate in salary surveys and benchmarking studies to ensure competitiveness in the market.

Designation

compensation analyst

Key Skills
Business Case DevelopmentBusiness CommunicationBusiness ConsultingBusiness DevelopmentClient Handling and CommunicationMotivation Skills
Industry

HR Services

Functional Area

Processing

Employment Type

Full Time

Education

Graduation/Diploma

Job Type

Work From Office

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