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Compensation Analyst

Reporting to the Compensation Operations Manager, the Compensation Analyst will play an essential role in supporting day-to-day compensation needs for Leidos. The selected individual will collaborate with other Compensation professionals on a frequent basis and will be responsible for day-to-day operational support of multiple Sectors within the Leidos business.The Compensation Analyst will support and aid the Leidos Compensation team and may be tasked with assisting the Compensation team with other day-to-day tasks as appropriate in order to achieve organizational and Human Resources (HR) objectives.This role is highly collaborative and will require extensive communication with multiple members of the Compensation team and broader HR community.Job Duties and Responsibilities:• Collaborate with Sector Compensation Partners to provide guidance to managers and the human resources community on compensation philosophy, policies, and systems.• Provide cross-organizational compensation support to the business, ensuring each Sector’s unique needs and objectives are being met.• Evaluate and approve promotions, job changes and salary adjustments using sound compensation fundamentals and internal review framework.• Evaluate and approve bonus and incentive payments for compliance, reasonableness, and appropriateness.• Evaluate job positions to determine FLSA classification (exempt and nonexempt) and provide salary recommendations.• Assist and participate in salary surveys and analyze data from survey sources.• Support and aid in enterprise spanning projects and initiatives.• Perform other duties as assigned.Education, Experience and Competencies:• Bachelor's degree from an accredited university required.• 4+ years of experience in Compensation or a related field.• Thorough knowledge of compensation philosophies and practices.• Thorough knowledge of FLSA compliance, rules and application.• Excellent analytical skills and ability to interpret and summarize key areas.• Excellent written and oral communication skills.• Proficiency in office software such as Microsoft Word, Excel, and PowerPoint.• Knowledge of Workday preferred.• Adapts and works effectively with a variety of situations, individuals, or groups.• Industry experience is a plus.Original Posting Date:2024-11-21While subject to change based on business needs, Leidos reasonably anticipates that this job requisition will remain open for at least 3 days with an anticipated close date of no earlier than 3 days after the original posting date as listed above.Pay Range:Pay Range $68,900.00 - $124,550.00The Leidos pay range for this job level is a general guideline only and not a guarantee of compensation or salary. Additional factors considered in extending an offer include (but are not limited to) responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data, applicable bargaining agreement (if any), or other law.
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What You Should Know About Compensation Analyst, Leidos

If you're looking for an exciting opportunity to join a dynamic team, the Compensation Analyst position at Leidos in Mt Pleasant Township, PA, might just be your perfect fit! Reporting to the Compensation Operations Manager, you will be the backbone of our daily compensation operations, working closely with various other Compensation professionals. Your role will be all about collaboration, guiding managers and the HR community through our compensation philosophy and policies. You'll be responsible for evaluating promotions, job changes, and ensuring salary adjustments are in line with sound compensation fundamentals. We want someone who loves analyzing data and can approve bonus and incentive payments while complying with all necessary regulations. In addition, you'll examine job positions for FLSA classification and offer salary recommendations to help ensure our team's success. The ideal candidate should hold a Bachelor’s degree and have at least four years of experience in compensation or related fields. Excellent communication skills and proficiency in tools like Microsoft Office are essential to thrive in this role. If you have a passion for helping others navigate their compensation journey and the ability to work effectively across different teams, we want to hear from you! Join us at Leidos, where your insights can make a real difference!

Frequently Asked Questions (FAQs) for Compensation Analyst Role at Leidos
What are the main responsibilities of a Compensation Analyst at Leidos?

As a Compensation Analyst at Leidos, your main responsibilities include collaborating with Sector Compensation Partners to provide guidance on compensation policies and systems, approving promotions and salary adjustments, evaluating bonus and incentive payments, and participating in salary surveys. You'll also help ensure that each sector's unique needs are met and support enterprise-wide projects.

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What qualifications do I need to be a Compensation Analyst at Leidos?

To qualify for the Compensation Analyst position at Leidos, you will need a Bachelor’s degree from an accredited university along with at least four years of experience in compensation or a related field. A thorough understanding of compensation philosophies and FLSA compliance is essential, as well as excellent analytical and communication skills.

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How does the Compensation Analyst role contribute to the HR objectives at Leidos?

The Compensation Analyst role is pivotal in aligning compensation strategies with HR objectives at Leidos. By providing support and guidance to managers and the HR community, the Analyst helps to ensure that compensation practices are fair, competitive, and compliant with regulations, thereby supporting employee satisfaction and retention.

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What software skills are important for a Compensation Analyst at Leidos?

Proficiency in office software such as Microsoft Word, Excel, and PowerPoint is essential for a Compensation Analyst at Leidos. Familiarity with compensation management tools like Workday is preferred as well, as these skills enhance your ability to analyze data and communicate effectively.

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What salary range can I expect as a Compensation Analyst at Leidos?

The expected salary range for a Compensation Analyst at Leidos is between $68,900 and $124,550. Factors such as experience, education, and alignment with market data can affect the actual compensation offered.

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Common Interview Questions for Compensation Analyst
Can you describe your experience in compensation analysis?

When answering this question, provide specific examples from your past roles where you've been involved in analyzing compensation data. Describe the tools you used and how your analysis led to actionable insights or decisions.

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How do you stay updated with the latest compensation policies and practices?

Highlight your commitment to professional development by mentioning specific publications, websites, or organizations that you follow. Additionally, consider discussing any relevant certifications you hold that keep you informed about industry standards.

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What steps do you take to ensure FLSA compliance?

Explain your understanding of FLSA regulations and how you’ve applied them in previous roles. Describe any evaluation processes or audits you’ve conducted to ensure compliance during job classification and pay adjustments.

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How do you handle discrepancies in salary evaluations?

Discuss your approach to addressing discrepancies, highlighting your analytical skills and communication abilities. Emphasize collaboration with management and HR to reach a resolution and ensure equitable outcomes.

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Describe a time when you had to present compensation data to stakeholders. How did you ensure clarity?

Share a detailed example of such a presentation, focusing on the preparation you undertook. Mention the tools or visuals you used to present the data clearly and effectively, emphasizing feedback received from stakeholders.

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What is your approach to collaborating with HR teams and managers?

Your response should emphasize active listening and clear communication. Discuss strategies you use to build relationships and understand the unique needs of different sectors within the organization.

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How would you evaluate the effectiveness of a compensation program?

Talk about specific metrics you would analyze, such as employee retention rates, market competitiveness, and employee satisfaction surveys. Share any methods you’ve used in the past to assess and refine compensation programs.

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In your opinion, what makes a competitive compensation package?

Articulate your understanding of the elements that contribute to a competitive compensation package, such as base salary, bonuses, benefits, and work-life balance. Discuss how these elements can attract and retain top talent.

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How do you prioritize tasks when managing multiple projects?

Share your organizational strategies, such as using project management tools or prioritization techniques, to demonstrate your ability to manage time effectively while assisting multiple sectors.

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What role does data analysis play in your work as a Compensation Analyst?

Explain the significance of data analysis in your role. Illustrate how data informs your decision-making processes and how you utilize analytical tools to interpret trends and patterns in compensation.

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Everything we do is built on a commitment to do the right thing for our customers, our people, and our community. Our Mission, Vision, and Values guide the way we do business. At Leidos, our mission is to make the world safer, healthier, and mor...

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Full-time, on-site
DATE POSTED
December 4, 2024

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