Compensation Analyst

Description We are in search of a Compensation Analyst to join our team located in Saddle Brook, New Jersey. This role involves participating in the pharmaceutical industry, specifically focusing on tasks related to employee compensation. The position provides a long-term contract employment opportunity. Responsibilities: • Administering compensation programs and conducting compensation analysis. • Contributing to the development and implementation of bonus programs. • Participating in compensation surveys to collect and analyze competitive salary information to determine the company's competitive position. • Assisting in budget processes and conducting compensation benchmarking. • Utilizing Microsoft Excel and Excel Formulas for data analysis and management. • Using HRMS and CRM systems to maintain accurate employee and compensation records. • Working with Workday for compensation administration and data management. • Performing annual compensation activities and ensuring compliance with laws and regulations. • Leveraging skills in data analysis to derive insights from compensation data. • Auditing compensation data and processes to ensure accuracy and consistency. Requirements • Candidate must have a minimum of 5 years of experience as a Compensation Analyst or in a similar role. • Proficiency in Bonus Program management is required. • Familiarity with Budget Processes is essential for this role. • Must possess strong skills in Compensation Analysis and Compensation Benchmarking. • Experience in conducting Compensation Surveys and managing Compensation Administration is necessary. • Proficiency in Microsoft Excel and Excel Formulas is a must. • Knowledge of Workday software is highly desirable. • Strong Data Analysis skills are required. • Experience in managing Annual Compensation is a crucial requirement. • Ability to handle confidential information with discretion. • Excellent communication and interpersonal skills. • Bachelor's degree in Human Resources, Finance, or a related field is preferred. • Must be proficient in Microsoft Office Suite, including Word and PowerPoint. • Strong problem-solving skills and attention to detail. • Proven ability to work independently and as part of a team. • Strong organizational skills and the ability to manage multiple tasks simultaneously. • Proven ability to meet deadlines in a fast-paced environment. • Must have a strong commitment to professional and ethical standards. Robert Half is the world’s first and largest specialized talent solutions firm that connects highly qualified job seekers to opportunities at great companies. We offer contract, temporary and permanent placement solutions for finance and accounting, technology, marketing and creative, legal, and administrative and customer support roles. Robert Half works to put you in the best position to succeed. We provide access to top jobs, competitive compensation and benefits, and free online training. Stay on top of every opportunity - whenever you choose - even on the go. Download the Robert Half app (https://www.roberthalf.com/us/en/mobile-app) and get 1-tap apply, notifications of AI-matched jobs, and much more. All applicants applying for U.S. job openings must be legally authorized to work in the United States. Benefits are available to contract/temporary professionals, including medical, vision, dental, and life and disability insurance. Hired contract/temporary professionals are also eligible to enroll in our company 401(k) plan. Visit roberthalf.gobenefits.net for more information. © 2024 Robert Half. An Equal Opportunity Employer. M/F/Disability/Veterans. By clicking “Apply Now,” you’re agreeing to Robert Half’s Terms of Use (https://www.roberthalf.com/us/en/terms) .