Compensation Analyst

Job Description

Compensation Analyst | Newport News Shipbuilding

The Tone:
This is a full-time role at Newport News Shipbuilding, located in Newport News, VA. The company is the sole designer, builder, and refueler of U.S. Navy nuclear aircraft carriers and one of two providers of U.S. Navy nuclear submarines. This role is crucial for developing, implementing, and administering compensation and incentive programs that ensure fair and competitive pay for the skilled workforce building these critical naval assets.

The TL;DR
• Role: Full Time
• Type: Full-Time
• Location: Newport News, VA (In-person)

• Team: O23 COMP&EMPL BNFTS
• Mission: Develop, implement, and administer compensation and incentive policies, procedures, practices, and programs to establish equitable compensation rates within the organization compared to industry rates.

What You’ll Actually Do
• Conduct Surveys: Conduct surveys and studies of labor markets to determine compensation trends.
• Analyze Jobs: Analyze jobs, and review job descriptions and specifications.
• Evaluate Compensation: Apply job evaluation techniques to establish equitable compensation rates within the organization as compared with rates in industry.
• Review Changes: Review classification and compensation changes and make recommendations with respect to tasks, employee qualifications, company policy, and budgetary limitations.
• Provide Guidance: Provide guidance and make recommendations to line managers and generalists on all compensation issues, interpreting local, state, and federal laws regulating compensation practices.

The Must-Haves
• Background: Early Career. A Bachelor’s Degree with 0 years of relevant exempt experience is required to develop, implement, and administer compensation and incentive programs.
• Experience: 0 years of relevant exempt experience with a Bachelor’s Degree. Equivalent qualifications include an NNS Apprentice School graduate, Navy Nuclear Power School (NNPS) graduate, an Associate’s Degree with 2 years of relevant exempt experience, Military Paygrade E-5 or above experience, or a High School/GED with 4 years of combined relevant exempt experience.
• Skills: Strong and solid Excel skills, sound critical and analytical skills, ability to speak in front of large audiences, and the ability to work independently and in a team environment.
• Bonus: Potential responsibility for executive compensation, HRIS functions, incentive plan, and stock option administration.