Curious About Becoming a Compensation Analyst? Seeking Insights and Prep Materials!

I am working as a Payroll Specialist (North American Payroll) and have recently completed a certification program in HRM from Xavier's Institute Of Management, Bhubaneswar. I am looking forward to changing my profile and would like to apply for the position of a Compensation Analyst. Could you please provide me with details regarding the profile of a Compensation Analyst and any reference materials required to prepare for the role?

Thank you.

How to Build a Standard Position Description

This is what you need to pick up:

- How to build a standard position description (Onet is a good reference).

Job Grading/Classification

- Job grading/classification.

Hay Point Factor or Other Methods

- Hay Point factor or any other method.

RSI Index for Career Anchors/Motives

- RSI index for career anchors/motives of an individual.

Cafeteria Plan/Flexible Benefits

- Cafeteria plan/flexible benefits.

Annual Compensation Survey

- Annual compensation survey like Hay/Mercer.