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South Jersey Industries Compensation Analyst in Folsom, New Jersey

Position Summary

If you are passionate about sustainability and saving the environment for future generations, then come be part of the evolution towards Clean Energy and Carbon Neutrality by 2040. In an important role within the Total Rewards team, you will be assisting to drive compensation plans for those innovators and pioneers at South Jersey Industries. A career as a Compensation Analyst will provide you the opportunity to conduct analysis and interpretation related to the organization’s compensation programs. You will analyze organizational data to produce metrics and conduct market analysis of positions to determine competitive positioning of the organizational pay programs. In addition, you will be responsible for participating in annual salary administration programs, including annual merit increases, bonus payments, budgets, salary structures, and survey participation. You will also evaluate the organizations positions while documenting responsibilities, requirements and qualifications in a job description. You will be responsible for participating in and examining all compensation related decisions managed by the HR function while partnering with leaders, managers and employees to drive the business as it relates to SJI’s people and organizational effectiveness.This position will report to the Core Compensation Lead and be a member of SJI’s Human Resources Department.

Key Responsibilities:

  • Owns full life cycle of conducting job analysis, market pricing, evaluation and salary administration to determine appropriate salary grades and pricing for all jobs levels

  • Support the annual compensation review cycle, including calculation of merit and bonus payments, preparation of data and system, communication and training to HR Partners and leaders, consolidation of data for approvals, coordination with IT, submission to payroll and distribution of compensation statements

  • Partner closely with HR Business Partners and Talent Acquisition teams on proposals for new hire offers, promotions, and salary adjustments

  • Conduct market analysis and identify trends of company jobs to determine competitive positioning of the organizations pay programs

  • Ensure compliance and reviews job classifications based on scope of responsibility to ensure FLSA compliance.

  • Maintain and update SJI’s job architecture structure

  • Participate in compensation surveys

  • Maintain job library with up-to-date job and comp data

  • Administration of the employee recognition program

  • Responsible for maintaining compensation systems

Qualifications

  • Bachelor's in Economics, Finance, Business, Human Resources or related degree.

  • 2+ years of related experience in an analytical function (e.g. compensation analysis, financial planning, strategy) is required

  • Proficient in using Excel formulas and functions to gather, analyze and manipulate large data sets.

  • Experience modeling data and creating reports.

  • Understanding of fundamental concepts, practices and procedures of compensation programs are a plus.

  • Knowledgeable of the Fair Labor Standards Act (FSLA) is preferred

  • Workday experience or similar HRIS experience is a plus

Skills and Abilities:

  • Strong analytical problem solving and strategic thinking skills

  • Excellent interpersonal skills

  • Advanced Microsoft Office skills and proficient in Excel

  • Excellent verbal/written communications skills.

  • Strong attention to detail and prioritization of tasks and deliverables.

    Explore the Possibilities

If you're looking to make an impact, South Jersey Industries is the perfect place. For interns, college graduates, or experienced professionals, at South Jersey Industries we look for enthusiastic, talented professionals at every level of our enterprise. From call center representatives with excellent people skills to engineers with the vision and expertise to design tomorrow’s energy infrastructure, we know that our people fuel our success. We take pride in recruiting the best talent available for every facet of our business. Explore the possibilities. You'll be sure to find an opportunity that piques your interest.

  • We are committed to developing and implementing innovative projects that increase energy efficiency and save clients money

  • We provide an opportunity to build a successful and rewarding career in a variety of functional business areas

  • We foster individual talents and abilities while promoting the value of teamwork

  • Our culture prepares you for a lifetime of learning and professional development

    Equal Opportunity/Affirmative Action Employer

SJI (NYSE: SJI), an energy services holding company based in Folsom, NJ, delivers energy services to its customers through three primary subsidiaries. SJI Utilities, SJI's regulated natural gas utility business, delivers safe, reliable, affordable natural gas to approximately 690,000 South Jersey Gas, Elizabethtown Gas and Elkton Gas customers in New Jersey and Maryland. SJI's non-utility businesses within South Jersey Energy Solutions promote efficiency, clean technology and renewable energy by providing customized wholesale commodity marketing and fuel management services; and developing, owning and operating on-site energy production facilities. SJI Midstream houses the company's interest in the PennEast Pipeline Project . For more information about SJI and its subsidiaries , click here. (http://www.sjindustries.com/)

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