Compensation Analyst

City of Loveland
Loveland, CO
Category Human Resources
Job Description
The Compensation Analyst plans, designs, develops, implements and evaluates the city's Compensation and Classification programs. The position will provide advice on Compensation and Classification methodologies using complex problem-solving and research initiatives in support of equitable salary structures and market competitiveness.

Requirements

  • Assist with planning, coordination, communication and execution of the annual pay plan updates.
  • Participate in and conduct formal and informal salary surveys.
  • Collects and analyzes salary data and prepares summary reports for both public and private sector market trends.
  • Prepare new job descriptions and evaluate changes to current job descriptions to determine if reclassification studies are necessary.
  • Analyze market data for job evaluations and reclassifications, ensuring consistency across the organization.
  • Assess jobs and their respective duties to determine classification as exempt or non-exempt and appropriate salary range.
  • Maintain and cultivate compensation contacts and conduct ad-hoc surveys and analysis.
  • Collect and analyze wage-related information.
  • Evaluate surveys and information to determine usefulness and quality.
  • Perform classification and reclassification studies. Make recommendations on job matches, conduct market pricing, and report results.
  • Collaborate with staff on position control for new or reclassified positions.
  • Answer compensation inquiries and advise staff on issues related to compensation.
  • Conducts desk audits, interviews, and market surveys to collect compensation data.
  • Provide supervisor training regarding compensation systems and practices.
  • Conduct and manage projects and audits related to compensation programs.

Benefits

  • Two (2) Medical plans, Dental, Vision (for self/ spouse/ children)
  • A Dedicated, exclusive Employee Health and Wellness Center
  • Discounted Chilson Center passes
  • Paid vacation, holidays, floating holidays, and medical leave
  • Flexible spending including Dependent Care
  • Life Insurance, AD&D, Short-term and Long-term disability, and voluntary Critical Illness Coverage
  • Retirement 401a, 457, Roth (pre-& post tax) and company match
  • A Comprehensive Employee Assistance Program
  • Voluntary 529 College Invest program
  • Tuition Reimbursement
  • Employee Referral Program
  • Personal and Professional Development opportunities
  • Employee Recognition Program
  • Exceptional work-life balance
  • Market based pay & regular performance reviews
  • Local Government employment is eligible for Public Loan Forgiveness Program
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