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 and administering compensation policies, ensuring the company maintains equitable pay practices for its more than 25,000 employees who build the most powerful and survivable naval ships in the world.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: Newport News, VA (On-site)
• Team: O23 COMP&EMPL BNFTS
• Mission: Develop, implement, and administer compensation and incentive policy, procedures, practices, and programs for the organization.
• Tech Stack: Microsoft Excel

What You’ll Actually Do
• Market Research: Conduct surveys and studies of labor markets to determine current compensation trends.
• Job Evaluation: Analyze jobs and review job descriptions and specifications to ensure accuracy and consistency.
• Rate Establishment: Apply job evaluation techniques to establish equitable compensation rates within the organization, comparing them with industry standards.
• Compliance & Policy: Analyze government regulations, company policies, and labor union agreements to establish standard compensation rates.
• Managerial Guidance: Provide guidance and make recommendations to line managers and generalists on all compensation issues and policy interpretations.

The Must-Haves
• Background: Early Career compensation professional with a Bachelor’s Degree.
• Experience: Zero years of relevant exempt experience is required with a Bachelor’s Degree. This requirement can also be met by being an NNS Apprentice School graduate, a Navy Nuclear Power School (NNPS) graduate, or by holding an Associate’s Degree or other formal 2-year program with 2 years of relevant exempt experience (or 4 years of relevant non-exempt experience). Alternatively, candidates with Military Paygrade E-5 or above experience, or a High School/GED combined with 4 years of relevant exempt experience (including Manufacturing, Shipbuilding, Trades, or Military), or 8 years of relevant non-exempt experience are also qualified.
• Skills: Strong proficiency in Excel, sound critical and analytical thinking, public speaking ability to large audiences, and the capacity to work both independently and within a team in a demanding environment.
• Bonus: Prior exposure or potential responsibility for executive compensation, HRIS functions, incentive plan administration, or stock option administration.