8 general skills or competencies (Job family competencies) for Executive Compensation Analyst I
Skill definition-Designing, managing, assessing and implementing compensation plan to attract and retain talent.
Level 1 Behaviors
(General Familiarity)
Describes the process of designing employee benefits program.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Documents and maintain administrative procedure manuals for managing the benefit program.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Formulates a benefits plan program based on the results of employee needs assessment and gap analysis.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Facilitates employee benefit seminars and trainings for employees to ensure mutual understanding.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Develops communication strategies to ensure benefit programs are fully understood by stakeholders.
See 4 More Skill Behaviors
Skill definition-Managing and determining the salary, bonuses, and benefits to ensure competitive and appropriate compensation for employees.
Level 1 Behaviors
(General Familiarity)
Explains the fundamentals and principles of employee compensation management.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Conducts compensation research to adapt and update best practices in compensation management.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Helps in interpreting salary survey results to support the management of compensation programs.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Drafts plans of compensation initiatives to ensure successful execution of employee compensation.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Develops and administers effective compensation programs under our organization's reward strategy.
See 4 More Skill Behaviors
6 soft skills or competencies (core competencies) for Executive Compensation Analyst I
Skill definition-Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.
Level 1 Behaviors
(General Familiarity)
Describes the procedures for capital and expense allocation and budgeting.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Gathers data from financial statements to help create budget plans and improve budgeting strategies.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Implements strategic operational efficiencies and techniques for conducting successful budgeting.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Evaluates past decisions on budgetary considerations to improve the budgeting process.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Develops financial models to support the strategic improvement of our budgeting processes.
See 4 More Skill Behaviors
Skill definition-Gathering, organizing, and analyzing information to identify the root cause of organizational problems and develop alternative solutions accordingly.
Level 1 Behaviors
(General Familiarity)
Describes the importance of analytical thinking in the workplace.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Asks the right questions to ensure clarity on business goals and requirements.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Decomposes complex issues into several parts and solves them individually.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Determines and prioritizes the sequence of steps for a specific situation.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Evaluates potential risks using extensive industry knowledge when considering new opportunities.
See 4 More Skill Behaviors
Summary of Executive Compensation Analyst I skills and competencies
There are 0 hard skills for Executive Compensation Analyst I.
8 general skills for Executive Compensation Analyst I, Benefit Programs, Compensation Management, Executive Compensation, etc.
6 soft skills for Executive Compensation Analyst I, Budgeting, Analytical Thinking, Attention to Detail, etc.
While the list totals 14 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Executive Compensation Analyst I, he or she needs to be proficient in Budgeting, be proficient in Analytical Thinking, and be proficient in Attention to Detail.