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Total Rewards Analyst

Location: Hyderabad, TS, India
Date Posted: Jan 21, 2021
Category: Human Resources & Payroll
Job ID: 67281

Job Description

Responsibilities

Provides analytical support to the administration and execution of Clean Harbors’ Total Rewards programs. Assist with the design of compensation and benefit programs that attract, retain, engage, and motivate teammates.

Successful Compensation and Benefits Analysts are strong guardians of company values and principles. They have strong interpersonal skills and are approachable, responsive, results oriented, proactive, and trustworthy.

◾Responsible for reviewing and updating existing pay programs, developing new pay programs and on-going administration of the company’s variable pay programs.

◾Responsible for the program administration for the 401(k) plan: manage relationships with outside vendors, create and execute communication and education plan, coordinate annual discrimination testing and monitor plan statistics through analysis of regular reporting.

◾Prepare for annual renewal and assist in the benefit plan renewal process, including evaluation of vendors, processes and policies, making recommendations on improvements.

◾Assist with labor costs, salary analysis and benefits structure by using metrics and models to understand current salary trends and predict future trends.

◾Assist and make recommendations in preparation of merit increase and incentive programs.

◾Responsible for setting market data and matching with internal jobs.

◾Analyze internal pay equity issues and work with field Human Resources to develop plans.

◾Assist with job descriptions and setting salary ranges as needed for new roles.

 

SECONDARY DUTIES:

◾Design and prepare ad hoc compensation and benefit related reports for management.

◾Participate on a variety of projects including program design, analysis, budgeting, implementation of new programs.

◾Develop and document procedures to streamline processes and ensure compliance with regulatory requirements.

◾Work with appropriate internal team to ensure that the HRIS is updated to reflect changes to salary structures, bonus programs, benefit programs etc.

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