Compensation and Benefits Analyst V

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Compensation and Benefits Analyst V analyzes, designs, and administers employer compensation programs and benefit programs. Designs and communicates pay structures, grades, and compensation budgets. Being a Compensation and Benefits Analyst V develops and administers benefits programs, and communicates eligibility and coverage information to employees. Advises managers on effective pay decisions. Additionally, Compensation and Benefits Analyst V develops and maintains job descriptions and job architecture. Participates in compensation surveys, conducts research and analysis on market competitiveness, pay equity, and compensation trends. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Compensation and Benefits Analyst V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be a Compensation and Benefits Analyst V typically requires 10+ years of related experience.