Sr Analyst I, Compensation
Job Description
Provides compensation support and guidance to compensation, management and HR Staff. Will support the compensation team by analyzing competitive compensation levels and administering total compensation programs effectively; develops timely recommendations that incorporate market data, internal equity analysis, pay level, FLSA, and other salary action approvals; advocates the company’s compensation philosophy, and supports organizations’ compensation planning cycles and other major projects by performing the following duties.
Assist in the implementation, communication and administration of the annual salary program in the PO&T and Commercial Operations organizations during the 2006 PRP annual cycle.
Assist in the development and administration of the job leveling project.
Assist with the development and maintenance of the job description database. Create and modify job descriptions in accordance with Company standards, assign appropriate grade levels.
Assist Compensation, HRT, IT, vendor representatives in the development of a selected market pricing tool. Run upload files, testing and assist with communication of tool.
Assists in the administration of Compensation Plan to ensure market match and salary trends, and for the completion of compensation surveys, survey analysis work and analysis in support of compensation projects.
Assist with the FLSA legal compliance projects associated with compensation.
Assist with job code maintenance and updates due to Affirmative Action Plans and EEO codes.
Manage reports and requests from HR Managers and Management to assist them in managing employee issues including job salary equity, on time performance evaluations.
Qualifications
Minimum 2 years experience in compensation
Must have the ability and experience to administer multiple Compensation programs and projects including job description evaluations, incentive plans and market surveys
Knowledgeable of federal and state employment laws to ensure the Company complies with FLSA requirements and EEO job family classifications
Outstanding organizational and multitasking skills and the discipline
Ability to create queries and reports through Oracle and Business Objects
Excellent knowledge of Microsoft Office with specialization in advanced Excel processes for analysis and reporting
Education
Bachelor’s Degree or experience equivalent to a degree in Human Resource Management, business or related area
Sr Analyst I, Compensation
Job ID 345953
Position Type Full-Time Employee
Company Name Biogen Idec
Location Cambridge, MA
Salary Unspecified
Experience 1-2 Years Experience
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