Corporate Benefits & Compensation Analyst

Description

Job Summary:The Benefits and Compensation Analyst supports the design, implementation, and administration of the organization’s total rewards programs to ensure internal equity, external competitiveness, and compliance with applicable laws and regulations. This role provides analytical and strategic insights to inform compensation and benefits decisions, conducts market benchmarking, and partners with HR and leadership to develop programs that attract, motivate, and retain top talent. Through data analysis and process improvement, the analyst contributes to advancing a total rewards strategy that supports organizational goals and enhances the employee experience. This position reports to the Director of Compensation and Benefits. This position has no supervisory responsibilities.

• Assist in developing employee and manager communications to promote understanding of total rewards programs
• Conduct market pricing and compensation benchmarking to ensure pay structures remain competitive and equitable
• Prepare compensation recommendations and supports the annual merit, bonus, and incentive plan processes
• Partner with HR Business Partners and leaders to ensure pay practices align with organizational policy, compliance requirements, and budget guidelines
• Monitor benefit plan performance, utilization, and cost trends, providing insights for leadership decision-making
• Participate in compensation surveys and analyzes results to inform market competitiveness.Maintain documentation and ensure data integrity across HR systems and processes
• Maintain documentation and ensure data integrity across HR systems and processes
• Provide excellent customer service and consultation to employees and leaders regarding compensation and benefits questions
• Prepare regular and ad hoc reports, dashboards, and data analyses related to compensation, benefits, and workforce metrics
• Assist with annual open enrollment, benefits renewals, and related communication materials
• Partner with HR, Finance, and Payroll to ensure consistent and accurate program administration
• Analyze internal and external compensation data to support pay decisions, job evaluations, and salary structure updates
• Research and recommend process improvements to enhance efficiency and employee experience
• Assist in developing, maintaining, and administering compensation programs, including salary structures, pay ranges, and incentive plans
• Support the administration of employee benefits programs, including health, welfare, and retirement plans
• Ensure data accuracy between HRIS, benefits vendors, and payroll systems; troubleshoots and resolves discrepancies
• Support regulatory compliance with federal and state laws, including FLSA, ACA, HIPAA, ERISA, and other applicable legislation

Requirements

This position does not typically require travel to other Woodgrain locations.

• Solid understanding of compensation principles, job evaluation methodologies, and regulatory requirements
• Bachelor's degree in Human Resources, Business Administration, Finance, or related field. Equivalent work experience will be considered in lieu of a degree.
• Professional certifications such as CCP (Certified Compensation Professional) is a plus, but not required.
• Ability to effectively communicate in English, both verbally and in writing. Additional languages preferred
• Experience with HRIS systems and compensation management software
• Must have at least 2 years of experience in compensation analysis or related HR role
• Effective communication and interpersonal skills to collaborate across teams and present findings to leadership
• Experience with compensation survey tools and market pricing platforms
• Ability to manage multiple projects and meet deadlines in a fast-paced environment
• Excellent attention to detail and accuracy in data management and reporting

Benefits

Starting Salary: $60,000 to $70,000 (depending on experience)

• Voluntary Supplemental Hospital and Accident Plans
• Health, Dental, and Vision Insurance
• Employee Assistance Program
• Employer Paid Long-Term & Short-Term Disability
• 8 Company Paid Holidays & 1 Floating Holiday
• Flexible Spending Account (FSA)
• Group Term Life Insurance and AD&D
• Progressive Paid Time Off (PTO) Accruals
• 401(k) with an Employer Match
• Annual Salary Incentive Bonus
• Health Savings Account (HSA)

Training + Development

Interview process

Visa Sponsorship

Security clearance