The TJX Companies

Compensation Analyst

The TJX Companies • $71K — $89K *
Marlborough, MA 01752In-Person
Business Services
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent required.
  • 1-3 years of experience in compensation administration or relevant analytical roles.
  • Strong analytical skills with the ability to handle complex data.
  • Proficiency in Microsoft Office, particularly advanced Excel.
  • Ability to adapt to a fast-paced, changing environment.
  • Excellent organizational skills and attention to detail.
  • Effective communication skills across all levels of the organization.

Responsibilities

  • Communicate and educate partners on total rewards and compensation philosophy.
  • Collaborate with various departments for execution of compensation programs.
  • Provide compensation consulting to business clients on hiring and promotions.
  • Assist in cyclical processes like salary planning and merit program administration.
  • Support executive compensation programs by analyzing data for disclosures.
  • Engage in ad-hoc projects related to changing regulations and business needs.
  • Participate in developing compensation processes and enhancing systems.

Benefits

  • Associate discount programs.
  • 401(k) plan with matching contributions.
  • Comprehensive medical, dental, and vision insurance.
  • Tuition reimbursement for continued education.
  • Paid holidays, vacation, sick, and parental leave.
  • Employee Assistance Program (EAP) support.
  • Incentive programs and bonuses.
Full Job Description
Job Description:

Our Compensation Center of Expertise (CoE) manages all aspects of compensation programs and processes including salary programs, incentives and equity administration. We provide global and local support in a matrix management environment.

The Compensation Analyst supports the analytical processes in the design, administration, and delivery of a variety of complex compensation programs and projects, as well as acts as an internal consultant, to ensure competitive positioning and cost effectiveness in order to attract, retain, and reward Associates.

RESPONSIBILITIES:
  • Participates in communicating and educating internal partners on total rewards philosophy, policy, and practice, ensuring compensation programs are administered fairly and consistently.
  • Collaborates with global team members and other stakeholders (i.e., Finance, Payroll, HRIS, IT, Legal, etc.) on the execution of compensation programs, including base pay and incentives.
  • Provides compensation consulting support to certain internal business clients, including providing compensation recommendations for new hires, promotions and transfers.
  • Participates in cyclical compensation administration of processes that may include salary planning, reviewing salary structures, annual merit program planning, and bonus plan administration utilizing the Company's systems and tools. Generates and analyzes required documentation to support compensation programs.
  • Supports complex executive compensation programs, including gathering, organizing and analyzing data for our proxy statement and related disclosures.
  • Supports ad-hoc compensation and cross-functional projects related to changing regulations and business requirements.
  • Participates in the development and implementation of compensation processes and system enhancements.
  • Performs detailed modeling and analysis to support compensation decision-making.
  • Troubleshoots issues or problems and identifies and shares solutions.
  • Assists in providing required data during internal and external audits.


REQUIREMENTS:

  • Bachelor's Degree or equivalent
  • 1 - 3 years of experience with either compensation administration and techniques or similar analytical process experience such as in a finance or related function
  • Ability to flex and adapt to a fast pace, changing work environment
  • Strong analytical and project management skills with high attention to detail
  • Proficiency with Microsoft Office, including advanced Excel skills
  • Ability to work in a matrix-managed environment
  • Ability to multitask, prioritize, and manage time effectively
  • Ability to work independently as well as be a team player
  • Strong organizational skills
  • Ability to communicate effectively with all levels

Benefits include Associate discount; 401(k) match; medical/dental/vision; HSA; health care FSA; life insurance; short/long-term disability; paid holidays/vacation /sick/bereavement/parental leave; EAP; incentive programs for management; auto/home insurance discounts; tuition reimbursement; scholarship program; adoption/surrogacy assistance; smoking cessation; child care/cell phone discounts; pet/legal insurance; credit union; referral bonuses. All benefits are subject to applicable plan or program terms (including eligibility terms) and may change from time to time. Contact your TJX representative for more information.

In addition to our open door policy and supportive work environment, we also strive to provide a competitive salary and benefits package.

Address:
300 Value Way

Location:
USA Home Office Marlborough MA 300 Value Way

This position has a starting salary range of $71,300.00 to $89,100.00 per year. Actual starting pay is determined by a number of factors, including relevant skills, qualifications, and experience.

About The TJX Companies

The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, ranking No. 115 in the most recent Fortune 500 listings. With over $27 billion in revenues in 2013, more than 3,200 stores in six countries and over 190,000 Associates, they see themselves as a global, off-price value retailer. TJX operates four major divisions: The Marmaxx Group (T.J.Maxx and Marshalls) and HomeGoods in the U.S.; TJX Canada (Winners, HomeSense and Marshalls); and TJX Europe (TK Maxx and HomeSense). In December 2012, TJX acquired Sierra Trading Post, an off-price Internet retailer.

The TJX Companies Careers

Join the vibrant team at The TJX Companies, a leader in the retail industry, where your career growth and development are supported by a culture of diversity, innovation, and leadership. As the home of the world's largest off-price apparel and home fashions retailer, we offer unparalleled job opportunities that empower you to leverage your skills and drive forward with confidence in a dynamic employment landscape. Work You’ll Do At The TJX Companies, you’ll engage in work that matters. Join our community of passionate, curious, and creative team players who are dedicated to propelling the company forward through strategic innovation and robust leadership. Our team at TJX is committed to helping you explore vast opportunities, from entry-level positions to executive roles, ensuring that every step you take is geared towards professional growth and excellence. Transform Your Career Step into a role that harnesses your potential and pushes you to excel. The TJX Companies is not just about job opportunities; it's about building a meaningful career. Here, you will find a supportive network that values professional development and diversity training, helping you to enhance your skills and advance your career. Internship Programs Kickstart your career with The TJX Companies through our internship programs. These opportunities are designed for ambitious students looking to make a significant impact in the retail sector. Interns at TJX gain hands-on experience, valuable insights, and real-world skills that are crucial for future employment, all while being immersed in a culture that thrives on innovation and teamwork. Benefits and Culture Choose a career with The TJX Companies and enjoy a range of benefits that underscore our commitment to our employees' well-being and professional growth. Our inclusive culture fosters diversity, encouraging you to bring your unique perspectives and ideas to the table. At TJX, you’ll find more than just employment; you’ll discover a place where you can grow personally and professionally, surrounded by leaders and peers who will help you thrive. Leadership and Development Prepare to be a leader at The TJX Companies, where we prioritize your leadership development as a critical part of your career journey. Through targeted training programs and access to mentoring and networking opportunities, we equip you with the tools to succeed. Our leadership framework supports your growth at every level and helps you navigate the complexities of the retail world with confidence. Join Our Team Explore the job opportunities at The TJX Companies today and find the position that matches your skills and passions. We are continuously hiring across various departments, looking for individuals who are driven, solution-oriented, and ready to contribute to our global success. Stay Connected Keep up to date with the latest career tips, company news, and industry insights—all from the people who work here at The TJX Companies. Personalize your experience by subscribing to our job alert emails, tailored to your career preferences and aspirations. Discover the rewarding career opportunities waiting for you at The TJX Companies. Whether you’re refining your resume, preparing for an interview, or seeking to enhance your professional skills, TJX is here to support you every step of the way. Join us and be part of a company that celebrates diversity, encourages innovation, and cultivates leaders.
Learn more about The TJX Companies
Size
340,000 employees
Market Cap
$90 billion
Industry
Retail & Consumer Goods
Net Income
$90.4 million
Founded
1987
5 Year Trend
+7.9%
Revenue
$32.1 billion
NASDAQ
TJX
* Ladders Estimates

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