Compensation Analyst to support rapidly growing business. Reporting the Head of Total Rewards, you will manage compensation project focusing on LTIP Payouts and provide compensation data to recruiters. Candidate thrives in fast-paced, high growth culture that values strategic communication, teamwork and results. You are self-motivated and detail oriented with a strong orientation to data analytics and project management.
Evaluates positions for grade placement based on the content of the job and various salary survey sources ensuring that all relevant factors have been addressed such as geographic differences, and age of data. Compare jobs internally for internal equity and make recommendations for grade level changes.
Serves as internal compensation subject matter expert and educates and the organization about compensation policies and practices and makes recommendations based on internal and external sources/best practice.
Analyze and process information related to the compensation of employees based on their positions and other compensable factors, evaluate jobs using established evaluation methodologies and recommend job placement within established grade structures.
Compiles, analyzes and interprets data to ensure internal equity and external competitiveness and makes recommendations.
Use your expert analytical skills combined with your strong communication skills to present compensation insights.
Assigns salary bands for positions and examines salary bands using internal equity and external market data from salary surveys and other sources.
Calculates salaries for new hires, promotions and transfers.
Manages compensation projects including LTIP Payouts and provide compensation data to recruiters., global survey submissions, and compensation studies (e.g. structure development and implementation, integrations, re-organizations, job family hierarchies, merit, bonus, and stock annual budget development, programmatic changes). Models costs and employee impact analysis and drives implementation of approved changes.
Assists Total Rewards Leader in developing, updating, and recommending changes to Compensation Policy and Procedures.
Partner with department leaders, HR Business Partners and recruiters on compensation related matters such as offers, promotions, and internal transfers.
Perform analysis on the effectiveness and competitiveness of compensation programs and model potential impact of alternatives.
Level and map job roles to our compensation structure.
Solid understanding of compensation survey data and can leverage that data to drive competitive pay decisions.
Advanced knowledge of Excel (e.g. working knowledge or ability to learn: VLookUp, Pivot Tables, charts/graphs, etc.)