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Compensation Analysts Job Description

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Compensation Analysts

The following job description describes the common responsibilities for this occupation.

Job Description

Responsible for maintaining updated database of all job descriptions for existing positions and creating new ones for new position. Utilizing existing salary structures to price new jobs through market pricing or slotting. Analyze data from survey sources to determine competitiveness both internally and externally. Assist in preparation for annual merit increase guidelines as well as budgeting Lead the performance appraisal program. Point of contact for questions on job descriptions, salary ranges and merit increases. Designs and prepares ad hoc compensation and budget related reports for management.

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