Req ID: 48524
Team: N354 BENEFITS ADMINISTRATION & COMPENSATION
Entity: HII Corporate Office
Shift: 1st

US Citizenship Required for this Position: Yes

Full-Time
Relocation: Relocation assistance will be available
Virtual/Telework Opportunity: No - Not eligible for telework

Travel Requirement: Yes, 10%-25% of the time

Salary Range: $91,000.00 to $114,000.00

The anticipated salary range represents the estimated base pay for this role. Final compensation will be determined based on experience, qualifications, and other job-related factors, and may vary from the posted range

The Role

HII has an exciting opportunity for a Corporate Compensation Analyst 3 at our office in Newport News, VA! A Corporate compensation Analyst 3 implements and administers compensation, incentive and equity policy, procedures, practices and programs to ensure alignment with HII strategy, goals, market competitiveness, equitable pay and legal compliance. Candidate will conduct surveys, analyze compensation trends and ensure compliance with local, state and federal laws regulating compensation practices and maintain documentation to support audits from various government agencies.

Key Responsibilities

Support the administration of compensation programs including base pay, bonuses and incentive plans. Review program effectiveness and prepare data-driven recommendations for program improvement.

Conduct market research and benchmarking to compare company pay with industry standards and market trends. Collaborate with HR Business Partners to structure competitive compensation packages for corporate hires and internal movements.

Perform job evaluations and analyses to establish and maintain market rates, salary structures, job descriptions and job classifications. Collaborate with division HR, various corporate departments and management to implement compensation strategies and communicate pay structures effectively.

Support the merit process and validate pay adjustments, budgets and internal equity. Provide employees with communications informing them of changes in pay, bonuses, equity, etc.

Support the administration of equity programs. Develop detailed communication documents for participants, collaborate with HRIS to ensure employee records are properly updated. Regularly update the system and develop reports using the Fidelity equity administration system.

Maintain knowledge of federal, state, and local compensation laws and regulations to ensure ongoing corporate compliance. Support responses to requests arising from DCAA, OFCCP, and other government agency inquiries and audits.

Must Have

• Bachelor's degree in a related field, plus a minimum of 6 years of applicable, progressive professional experience in compensation and salary administration; or Master's degree in a relevant discipline and 4 years of applicable, progressive professional experience.
• In addition a candidate must be a strategic thinker and have strong analytical, organizational, financial and business expertise.

Nice to Have

• Master's degree in Business Administration (MBA) or Human Resources
• Certified Compensation Professional (CCP)
• Candidate should have an understanding of the financial and accounting impacts of total and executive rewards programs, as well as a thorough understanding of related legislative and regulatory issues impacting rewards programs