Compensation Analyst Jobs in Springfield, IL
A Compensation Analyst in the human resources industry is responsible for designing, implementing, and managing a company's compensation strategy. They conduct thorough analyses of salaries in the market and within the company to ensure competitive and fair compensation. They also evaluate job positions to determine classification and salary and collaborate with managers and HR partners to understand job requirements. The analyst ensures compliance with the company's regulations and federal laws.
Important skills for a Compensation Analyst include strong analytical skills, attention to detail, excellent communication, and knowledge of HR practices and principles. They should be proficient in data management and statistical analysis and have a solid understanding of job evaluation and job analysis systems. A bachelor's degree in Human Resources, Business Administration or related field is generally required, while certifications like Certified Compensation Professional (CCP) can be beneficial for career advancement. Prior roles that could lead to a Compensation Analyst position include HR Generalist, Compensation Specialist, or HR Analyst.
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Demographic Data for Springfield, IL
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Compensation Analyst Online Courses and Training Opportunities
Salary for Compensation Analyst Jobs in Springfield, IL
Required or preferred licenses and certifications for Compensation Analyst positions.
Highest Education Level
Compensation Analysts in Springfield, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Compensation Analyst position
- VLOOKUP
- Multi-State Payroll
- HRIS Management
- HR Systems
- HR Analytics
- BrassRing
- Salary Administration
- HR Leadership
- Compensation Analysis
- Human Resources Information System
- Kenexa
- Executive Compensation
- Ceridian
- Total Rewards
- Workday HCM
- Compensation Administration
- Job Analysis
- Garnishments
- Dayforce
- Payroll Taxes
- Human Capital Management (HCM)
- Payroll Processing
- Talent Acquisition
- Performance Evaluation
- Benchmarking
- Automatic Data Processing
- Google Sheets
- Human Resources Management
- Pivot Tables
- Fair Labor Standards Act
- Business Administration
- Acquisitions
- Strategy Development
- Process Improvement
- Finance
- Implementation
- Payroll
- Analytical Skills
- Accounting
- Troubleshooting
- Auditing
- Prioritizing
- Collaboration
- Data Analysis
- Flexibility
- Reporting
- Documentation
- Policy Development
- Bachelor's Degree
- Regulations
- Microsoft Office
- Project Management
- Problem Solving
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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