Compensation Analyst

Posted 10 Days Ago
Be an Early Applicant
Camden, NJ, USA
In-Office
90K-105K Annually
Senior level
Insurance
The Role
Supports compensation program administration through job evaluation, market pricing, benchmarking, pay analysis, salary structures, incentive plans, merit processes, bonus administration, and compliance reviews. Maintains compensation systems and reporting tools, validates employee data, supports payroll and HR systems activities, and partners with HR, payroll, talent acquisition, and business leaders. The role also assists with audits, process improvements, relocation and COLA programs, and compensation-related projects.
Summary Generated by Built In

The Compensation Analyst supports the administration of compensation programs that align with organizational objectives and maintain external market competitiveness. This role conducts job evaluations, market pricing, compensation analyses, and compensation program administration while ensuring compliance with company policies and regulatory requirements. The Compensation Analyst partners with HR Business Partners, Payroll, Talent Acquisition, HR Systems, and business leaders to provide accurate compensation data and support compensation-related initiatives.

 

MAJOR RESPONSIBILITIES

  • Evaluates job content and assists in preparing job descriptions for market pricing, grade assignment, and Fair Labor Standards Act (FLSA) compliance. Ensures job responsibilities, duties, and requirements are accurately documented and maintained.
  • Conducts compensation analysis for hires, promotions, transfer and equity adjustments. Primary partner for Regional Distribution Center and Customer Advocacy management teams and HR Business Partners while supporting Lead Compensation Analyst in analysis for other departments.
  • Participates in compensation surveys, analyzes market data, and assists with benchmarking positions to evaluate competitiveness within the marketplace.
  • Manage the biweekly compensation, payroll and HR Systems activities to facilitate all job and pay changes.
  • Supports administration of compensation programs including salary structures, annual & quarterly incentive plans, and recognition programs. Assists with communication and implementation activities related to these programs.
  • Assists with the annual merit and incentive compensation processes, including system configuration, testing, auditing, and employee data validation.
  • Maintains compensation systems and reporting tools, ensuring data accuracy and integrity. Supports vendor relationships and troubleshooting activities as needed.
  • Lead the Regional Distribution Center bonus program administration and reporting.
  • Support and evaluate the relocation and COLA program.

 

ADDITIONAL RESPONSIBILITIES

  • Assists with reporting, audits, and compliance reviews to ensure adherence to company policies and applicable regulations.

  • Participates in compensation-related projects, process improvements, and special analyses as assigned.

REQUIRED SKILLS & PERSONAL QUALIFICATIONS.

  • Advanced proficiency in Microsoft Excel and working knowledge of Microsoft Office Suite.
    Experience working with HRIS/HCM systems and reporting tools.

  • Strong communication and customer service skills.

  • Ability to maintain confidentiality and handle sensitive employee information.

  • Ability to learn new systems, processes, and compensation practices quickly.

  • CCP (Certified Compensation Professional), Preferred
      

EDUCATION & EXPERIENCE REQUIREMENTS: Bachelor's degree required in business, finance, information technology or a related field OR H.S. Diploma with equivalent years of experience with at least 4-6 years of relevant experience.

WORK EXPERIENCE

  • Office Location: Camden, NJ apart of the Greater Philadelphia Area (Philly)

  • Hybrid Role: Hybrid Role - Remote work 2 days per week (after 90 days) [Wednesdays & Fridays]

     

COMPENSATION: The recruiting base salary range for this full-time position is $90,000 - $105,000 / year. Within the range, individual pay is determined by factors, including job-related skills, experience, and relevant education or training. Additionally, this role is bonus-eligible, with a target bonus percentage that provides an opportunity to earn even more based on your performance. (Internal Job Grade: P2)

WHY JOIN US? In addition to competitive salary, Subaru offers an amazing benefits package that includes: 

   Total Rewards & Benefits:

  • Medical, Dental, Vision Plans

  • Pension, Profit Sharing, and 401K Match Offerings

  • 15 Vacation days, 5 Floating Holidays, 5 Sick days, and 9 Company Holidays

  • Tuition Reimbursement Program: $15,000 yearly benefit

  • Vehicle Discount Programs

   Learning & Development:

  • Professional growth and development opportunities

  • Direct partnership with senior leadership

  • Formal Mentorship Program

  • LinkedIn Learning License 

Visit our careers landing page for additional information about our compensation and benefit programs.

 

ABOUT SUBARU

Love. It’s what makes Subaru, Subaru®. As a leading auto brand in the US, we strive to be More Than a Car Company®. Subaru believes in being a positive force in the communities in which we live and work, not just with donations but with actions that set an example for others to follow. That’s what we call our Subaru Love Promise®.

Subaru is a globally renowned automobile manufacturer known for its commitment to innovation, safety, and sustainability. With a rich history dating back to 1953, Subaru has consistently pushed the boundaries of automotive engineering to deliver vehicles that offer not only exceptional performance but also a unique blend of utility and adventure.

Subaru's company culture is built on collaboration, diversity, and a shared passion for our product. We foster an inclusive environment that encourages employees to bring their unique perspectives and talents to the table. Our team members are driven by a common goal: to create exceptional vehicles that inspire and delight our customers.

Skills Required

  • Bachelor’s degree in business, finance, information technology, or a related field
  • High school diploma with equivalent experience as an alternative to a bachelor’s degree
  • At least 4–6 years of relevant experience when qualifying through the equivalent-experience pathway
  • Advanced proficiency in Microsoft Excel
  • Working knowledge of Microsoft Office Suite
  • Experience working with HRIS/HCM systems and reporting tools
  • Strong communication and customer service skills
  • Ability to maintain confidentiality and handle sensitive employee information
  • Ability to learn new systems, processes, and compensation practices quickly
  • Certified Compensation Professional certification
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The Company
HQ: Camden, NJ
2,758 Employees
Year Founded: 1968

What We Do

The Subaru Family, by our definition, goes far beyond our family of products. It includes one of our greatest assets – our employees – as well as our Subaru family of owners, retailers, and business and community partners. We treat each other like family because we are family. Since the early days of the company, we have worked to create a culture where employees are encouraged to be themselves and are supported by everyone around them. The Subaru Love Promise is our vision to show love and respect to all people at every interaction. We believe that our differences make us stronger. These experiences allow us to learn from each other, offer unique ideas, add value as team members, which ultimately, allows us to grow our business opportunity and personal lives.

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