Compensation Analyst

Varian Medical Systems   •  

Palo Alto, CA

Industry: Pharmaceuticals & Biotech

  •  

5 - 7 years

Posted 49 days ago

Job Description

The Compensation Analyst will perform staff support activities to develop, implement and administer compensation policies and programs.  the person in this role will be responsible for the following:

 

  • Develops and/or participates in compensation surveys to collect and analyze competitive salary information to determine company’s competitive position.
  • Reviews proposed salary adjustments for conformance to established guidelines, policies and practices.
  • Recommends corrective or alternative actions to resolve compensation-related problems.
  • Reviews requests for new or revised classifications to determine appropriate salary grade assignment.
  • Formulates recommendations regarding development of company salary structure, FLSA exemptions, job revisions and organizational structures.
  • Reviews existing and proposed statutory requirements governing compensation administration and recommends appropriate courses of action.
  • May prepare special studies and recommendations on subjects such as incentive compensation, bonus plans, sales compensation or stock options.
  • May include administration of domestic and/or international programs.
  • Assists with year-end Salary Planning and Bonus Payout process
  • Manages Employee Recognition and Service Award programs
  • Point of contact Sales/Service Incentive Plans
  • Leads/participates in Merger & Acquisition Compensation related projects
  • Reviews market data and propose salary ranges
  • Conducts job leveling
     

Job Requirements

Minimum Required Skills and Knowledge:

  • In-depth knowledge in Broad-Based Compensation
  • Proficient in utilizing business tools such as: E-mail, Microsoft Word, Excel, and PowerPoint.
  • Experience with HRIS systems such as WorkDay highly desired.
  • Experience with other Compensation tool and software systems desired.

Experience:
Bachelorsdegree (or equivalentexperience) and 5years of relatedexperience or Masters Degree with 3years of relatedexperience.

13973BR