Who We Are:
NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance who has also earned the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.
The Total Rewards Analyst provides technical support to clients and prospects for compensation and total rewards engagements. This position creates, develops, researches, and produces communication, data analysis and reports for external clients. The Analyst works independently and in a team environment to review, analyze, and provide recommendations on the compensation plan design and program administration. Ideally, we are looking to hire someone who can work out of one of our offices on a hybrid basis preferably in CST or EST time zones.
I am accountable for these key areas:
- Benchmark and evaluate client roles and plan design aspects for market competitiveness using a variety of data sources.
- Prepare compensation observations, analyses, and recommendations for client and prospects.
- Assist with client project management.
- Create client communication and deliverables to support the practice.
- Strive to be a pacesetter in the compensation and total rewards space to keep our clients informed of innovative ideas and best practices.
Responsibilities
- Benchmark and evaluate client roles and plan design aspects for market competitiveness using a variety of data sources.
- Analyze jobs for client projects using provided job descriptions and specified data scope criteria.
- Fully understand each individual survey database and technology to effectively complete compensation and total rewards projects that meet client deadlines.
- Gather additional data as needed from publicly available sources, such as 990 compensation data, salary ordinances, job boards, etc.
- Participate in client review meetings to gather and document feedback and adjust accordingly.
2. Prepare compensation observations, analysis, and recommendations for clients and prospects.
- Aggregate data from multiples systems to create summary reports and observations.
- Create pay structures using benchmark data and client objectives as a guide.
- Complete employee analysis reports, comparing employees to the new pay structures.