Compensation Analyst - E2

  • Lockheed Martin
  • VIC
  • May 27, 2026

Job Description

Standard Job Description

Develops, implements, and administers compensation and incentive plan policies, procedures, practices, and programs. Conducts surveys and studies labor markets to determine compensation trends; analyzes jobs and reviews job descriptions and specifications; applies job evaluation techniques to establish equitable compensation rates within the organization as compared with rates in industry; analyzes government regulations, company policies, and agreements with labor unions to establish standard rates; reviews classification and compensation changes and makes recommendations with respect to tasks to be performed, qualifications of employees, and company policy and budgetary limitations; provides guidance and makes recommendations to line managers and generalists on all compensation issues; and interprets local, state, and federal laws regulating compensation practices. Administers performance management processes. May be responsible for executive compensation, HRIS functions, incentive plans and stock option administration. Communicates or oversees communication of compensation philosophy, plans, and incentives programs to all employees.

Basic Qualifications

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Desired Skills

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