Hybrid Total Rewards Analyst

at impact.com

• Job title: Total Rewards Analyst
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $70,000 - $80,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Columbus, United States

About the role

• Total Rewards Analyst at impact.com ensuring competitive compensation and benefits programs. A data-driven problem-solver focusing on enhancing employee experience and attracting top talent.

Responsibilities

• Conduct comprehensive market pricing and analysis by benchmarking jobs against external survey data (such as Radford and Mercer) and internal frameworks to ensure market competitiveness and define competitive salary ranges.
• Manage and execute the complete annual compensation review cycle, including salary increases, bonus payouts, and equity awards, from data preparation and system readiness to manager support and employee communication.
• Perform in-depth job evaluations for new and existing roles, including analysis of job descriptions and assigning them to the appropriate level in our job architecture to ensure internal equity.
• Develop sophisticated cost models to analyze the financial impact of proposed compensation adjustments, new hire offers, and potential changes to compensation structures or incentive plans.
• Act as a key partner in the design, administration, and communication of various variable incentive plans, ensuring that calculations are accurate and payments are delivered on time.
• Participate in and submit data to third-party compensation surveys to ensure our market data remains current and relevant.
• Prepare and deliver reports and dashboards on key compensation metrics to People leadership and business managers, providing actionable insights.
• Support the day-to-day plan oversight of all U.S. and global benefits programs, including health (medical, dental, vision), life and disability insurance, retirement plans (401k, pension), and wellness initiatives.
• Partner with benefits vendors and brokers to ensure a high level of service, troubleshoot claim and eligibility issues, and manage data integrations.
• Lead the planning and execution of the annual open enrollment process, including developing communication materials, hosting employee information sessions, and ensuring accurate system configuration and data transfer.
• Oversee leave of absence administration in partnership with our third-party administrator, providing guidance to employees and managers on policies and processes for FMLA, disability, and other leave types.
• Ensure all benefits programs comply with regulatory requirements (e.g., ERISA, COBRA, HIPAA) by assisting with required notices, reporting (e.g., 5500s), and audits.
• Continuously review and benchmark our benefits offerings to identify opportunities for improvement and ensure they remain competitive and aligned with employee needs and company culture.

Requirements

• Bachelor’s degree in Human Resources, Finance, Business Administration, Economics, or another quantitative field or equivalent experience.
• 3+ years of dedicated experience in an analytical role focusing on compensation and/or benefits.
• Advanced proficiency in Microsoft Excel is essential; you must be comfortable building complex formulas, pivot tables, and data models to analyze large datasets.
• Exceptional analytical, quantitative, and problem-solving skills, with a demonstrated ability to draw insights from data.
• Impeccable attention to detail and a steadfast commitment to accuracy and data integrity.
• Proven ability to manage sensitive and confidential information with the utmost discretion and professionalism.
• Excellent written and verbal communication skills, with the ability to explain complex topics (like compensation philosophy and benefits plans) in a clear and concise manner.
• Direct experience working with compensation survey data from major providers such as Radford or Mercer (preferred).
• Hands-on experience with a modern People Technology platform, with a strong preference for Workday (preferred).
• Prior involvement in administering annual compensation cycles (merit, bonus, equity) (preferred).
• Experience in benefits administration, including vendor management and open enrollment support (preferred).
• Demonstrated project management skills with the ability to manage multiple priorities in a fast-paced environment (preferred).

Benefits

• Medical, Dental, and Vision insurance
• Office-only catered lunch every Thursday, a healthy snack bar, and great coffee to keep you fueled
• Flexible spending accounts and 401(k)
• Flexible Working: Our Responsible PTO policy means you can take the time off you need to rest and recharge. We're committed to a positive work-life balance and provide a flexible environment that allows you to be happy and fulfilled in both your career and your personal life.
• Health and Wellness: Your well-being is a priority. Our mental health and wellness benefit includes up to 12 fully covered therapy/coaching sessions per year, with additional dependent coverage. We also offer a monthly gym reimbursement policy to support your physical health.
• A Stake in Our Growth: We offer Restricted Stock Units (RSUs) as part of our total compensation, giving you a stake in the company's growth with a 3-year vesting schedule, pending Board approval.
• Investing in Your Growth: We’re committed to your continuous learning. Take advantage of our free Coursera subscription and our PXA courses.
• Parental Support: We offer a generous parental leave policy, 26 weeks of fully paid leave for the primary caregiver and 13 weeks fully paid leave for the secondary caregiver.
• Technology Financial Support: We provide a technology stipend to help you set up your home office and a monthly allowance to cover your internet expenses.