Compensation Analyst

Los Angeles, CA, United States

Job Description

Compensation Analyst

Position Type: Full Time

Exempt

Hybrid Flexible (Up to 3 Days Onsite)

Location: Los Angeles

Salary Range: $91,350.00 - $110,825.00*

* The salary range is the one that Munger, Tolles & Olson LLP reasonably expects to pay for this position. The salary range does not guarantee, obligate, nor set expectations of an applicant's wage in the event of hire. The posted range is only one component of Munger, Tolles & Olson LLP's Total Rewards package.

The Compensation Analyst is a member of the Human Resources team and independently researches market compensation against position requirements to ensure that Munger, Tolles & Olson LLP remains competitive for the purposes of attracting, motivating, and retaining outstanding talent. The analyst provides excellent customer service with a tailored approach when preparing and delivering information for various levels of management within the firm.

Job Functions & Responsibilities

Prepares and maintains job descriptions for each position in the firm; ensures descriptions accurately reflect the work being performed by incumbents.

Works with HR management and managers to gather and document job, organizational, and occupational information including duties, responsibilities, and skills required by each job.

Responsible for the timely and accurate maintenance of the firm's job description library.

Assesses roles and their respective duties to determine FLSA classification and appropriate salary range.

Provides primary support for the annual compensation planning cycles, including system design requirements and program deliverables.

Prepares and maintains compensation survey data and other market intelligence to ensure competitive compensation ranges for each position; uses spreadsheet and data analysis techniques to assess results and market trends.

Reviews survey results and proactively provide the analysis of market trend and recommendations for any changes in the firm's structure or individual adjustments based on the data.

Prepares summary reports of position analysis and compensation analysis information for presentation to senior management, and leadership as required.

Working closely with leadership and recruiting team, prices new and existing roles and provides recommendations on new hire offers, promotions, and adjustments.

With HR management, evaluates and implements job analysis instruments, data sources and other materials.

With HR management, drives the enhancement of the firm's compensation programs and processes, including, but not limited to, the development and refinement of salary grades, cross-departmental position-leveling, and incentive programs.

Develops novel compensation approaches to meet the firm's needs in an ever-changing talent environment.

Leads the firm in developing a total rewards mindset including monetizing benefits, developing, and regularly producing total rewards statements, educating recruiters, and hiring managers on how to discuss total rewards with candidates and in retention situations.

Ensures consistency, equity and appropriate transparency of the firm's compensation and related incentive programs.

Assists with design and implementation of compensation-related management tools.

With HR management, prepares and submits data related to statutory reporting.

Maintains and develops current knowledge on applicable state and federal employment regulations, compensation policies and related human resource procedures to advise management as needed.

Performs other related duties as assigned.

Minimum Job Qualifications

High school diploma or GED and 4+ years of experience in compensation analysis. Bachelor's degree strongly preferred.

A minimum of three years' experience developing and maintaining compensation programs in a sophisticated environment.

Law Firm or professional services experience highly desired.

Strong knowledge of quantitative and qualitative research methods.

Strong knowledge of relevant human resource laws, regulations and best practices.

Excellent written and verbal communication skills.

Excellent organizational and time management skills.

Proficient with Microsoft Office Suite, particularly Excel (pivot tables and formulae) or similar software.

Familiarity with HRIS & Payroll systems.

Physical Demands

Standing, moving about, walking, sitting at a desk, reaching, lifting up to 15lbs, writing, typing and computer use

Working Conditions

Quiet office environment in a high-rise building, seated the majority of the time

Direct Reports

None

Competencies

Teamwork and Cooperation: Treats others with respect; works well with others; asks for help when necessary; willing to share credit; avoids pointing fingers or assigning blame; volunteers to help others when available to do so; empathetic to others.

Communication: Communicates clearly and appropriately with adequate frequency and tools; understands the need for regular, timely and high-quality communication; listens actively and asks appropriate questions; understands the message.

Flexibility: Adapts to changing conditions; willing to do something new/different; open to change; accepting of differences.

Problem Solving: Seeks solutions to problems; proposes creative and effective solutions to problems; examines underlying cause of problems when seeking a solution.

Self-Development: Uses constructive feedback to improve; learns from mistakes; shows eagerness and capacity to learn; attends available training; shows interest in improving self; proactively looks for opportunities to gain experience in a range of responsibilities.

Organization and Time Management: Orderly in approach to work; able to plan and executive work effectively and accurately; tracks and follows through on requests; maintains a well-organized and clean work area; prioritizes and understands urgency; able to be punctual and prepared; manages multiple tasks simultaneously.

Composure: Understands what triggers emotions and uses that knowledge to maintain a professional presence.

Integrity: Deals with ethical issues appropriately. Acts in a way that is consistent with Firm values.

The Compensation Analyst role is an amazing opportunity available on our team of professionals at Munger, Tolles & Olson, LLP! We offer competitive pay, benefits and an opportunity to make an impact in today's world.

About Munger, Tolles & Olson

Munger, Tolles & Olson has been consistently ranked on The American Lawyer's A-List since its inception in 2004, including nine years in the top spot. We strive to hire only the most qualified and creative lawyers. We believe that clerkships provide valuable experience. In this regard, about 80% of our attorneys served as law clerks to federal or state judges and sixteen attorneys were clerks to U.S. Supreme Court Justices. We recruit and retain the best professional talent to support our Attorneys with a focus on service and excellence. We have a full spectrum of functional positions including Information Technology, Information Security, Accounting, Human Resources, Legal Support, and Marketing.

MTO is an equal opportunity employer and does not discriminate in employment on the basis of race, including but not limited to hair texture and protective hairstyles (for example, braids, locks, and twists), color, ethnicity, religion, gender, gender identity or expression, pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth and breastfeeding, marital or domestic partner status, parental or family care status, national origin, ancestry, age, sexual orientation, disability or medical condition, genetic characteristic, political affiliation, military or veteran status, or any other characteristic protected by federal, state or local law. It is the policy of Munger, Tolles & Olson LLP to prohibit discrimination, unlawful harassment (including sexual harassment), and retaliation. This commitment prohibits such conduct by any individual involved in MTO's operations and by anyone doing business with or on behalf of Munger, Tolles & Olson LLP.

Munger, Tolles & Olson LLP (MTO) does not accept unsolicited resumes from 3rd parties or agencies. Any unsolicited resumes and profiles received from 3rd parties or agencies will be considered property of MTO and no fees will be due or paid. If you wish to become an approved Agency with MTO, please contact a member of the MTO Talent Acquisition Team.

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