Summary:

The Compensation and Benefits Analyst is essential to designing and managing programs that attract, retain, and engage top talent. This role involves analyzing market data, maintaining equitable pay structures, and administering comprehensive benefits programs. Collaborating with Human Resources and company leadership, the Analyst ensures compliance, delivers actionable insights, and supports employee well-being. The ideal candidate is detail-oriented, analytical, and committed to driving competitive and effective compensation and benefits strategies.

Essential Duties:

Compensation Analysis and Planning:

• Conduct job analyses for new and changing roles, evaluate FLSA compliance, and assign appropriate grades, salary ranges, and bonus levels.
• Perform market research and benchmarking to ensure competitive and industry-aligned compensation packages.
• Analyze compensation data to support salary structures, pay adjustments, and incentive programs.
• Participate in salary surveys and analyze results to inform compensation strategies.
• Manage the merit increase process including system set up, management training and support as well as reporting and data analysis.
• Conduct regular pay equity analyses and address potential disparities.
• Collaborate with managers, HR Business Partners, and Talent Acquisition to develop compensation recommendations.

Benefits Management:

• Assist in the administration and analysis of employee benefits programs, including medical, dental, vision, voluntary offerings, 401k, and wellness initiatives under the Wellness Works program umbrella with the goal of ensuring employees understand and utilize the benefits available.
• Support the open enrollment process, including audits, employee education, and communication efforts.
• Review, audit, and ensure payment of benefits-related invoices, collaborating with other internal departments as needed.
• Partner with the leave administrator to manage benefits billing for employees on leave, ensuring accurate and timely processing.
• Support employee well-being initiatives and educational efforts in partnership with the Compensation and Benefits Manager.
• Ensure compliance with all relevant regulations and reporting requirements for benefits programs.

Data Analysis and Reporting:

• Compile, analyze, and interpret data to identify trends and areas for improvement in compensation and benefits programs.
• Prepare reports and presentations for senior management and HR leadership to share insights and recommendations.

Compliance and Governance:

• Stay current with compensation and benefit related laws and regulations to maintain compliance in compensation and benefits practices.
• Support audits and assessments related to compensation and benefits programs.

Additional Duties: Tasks or duties not outlined in this job description may be required to contribute to the organization's success and efficiency.

Qualifications:

Reasonable accommodation may be arranged to facilitate individuals with disabilities in fulfilling the essential duties of this role.

Education and/or Experience:

• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field; Master’s degree or relevant certification (e.g., Certified Compensation Professional) is a plus.
• Minimum of 3 years of experience as a Compensation and Benefits Analyst or in a similar role.
• Strong understanding of compensation strategies, benefits programs, and HR best practices.
• Proficiency in HRIS and compensation software for data analysis and management.
• Knowledge of labor laws, regulations, and compliance requirements.

The “Benefits” of Employment

• Employee referral payment program
• Educational Enhancement Program
• Medical, Dental, and Vision benefits
• Life/ AD&D Insurance
• Paid Parental Leave
• Long and short term disability
• Retirement Plan - 401(k) Plan
• Discount on an apartment at any one of our properties
• Brand new amenity space that includes a full gym/fitness center and golf simulator at our Conshohocken office

Salary range: $75,000-$90,000/yr

If you are hired at Morgan Properties, your overall compensation package will also be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range.

Get To Know Us:

Established in 1985 by Mitchell Morgan, Morgan Properties is a national real estate investment and management company headquartered in Conshohocken, Pennsylvania. Jonathan and Jason Morgan represent the next-generation leaders growing the platform and overseeing the business operations.

Morgan Properties and its affiliates currently own and manage a multifamily portfolio comprised of more than 350 apartment communities and over 95,000 units located in 20 states. The Company is among the three largest multifamily owners in the nation and the largest in Pennsylvania, Maryland, and New York. With over 2,500 employees, Morgan Properties prides itself on its quick decision-making capabilities, strong capital relationships, and proven operational expertise.