Senior Compensation Analyst The Senior Compensation Analyst is part of a team responsible for administering compensation program, solving routine compensation problems, coaching managers and HR team on best practices. This role reports to the Compensation Manager.
Position Description - Develop deeper understanding of the Business Unit and begin to craft the compensation strategy. Asks well-informed questions to diagnose problems/needs.
- Client interaction: Engage, influence, and provide some consultation to various audiences, including senior management and executives. Asks well-informed questions to diagnose problems/needs
- Conducts rigorous analysis of multiple and complex data sources (compensation, talent, workforce, best practices) to create various compensation models. Scenarios may include predictive analytics to identify future trends and risk.
- Provide compensation support through job/pay analysis:
- Perform market pricing analyses
- Conduct job evaluations; job leveling projects (partnership with Human Resources and Managers); and job mapping projects (as a result of integrations and re-organizations)
- Participate in salary surveys and other benchmarking data sources - including pay practices/trends, global
- Understand features of each survey and identify additional survey/market intelligence needs.
- Helping to design, monitor and improve incentives plans from sales to manufacturing operations
- Provide guidance and expertise to other Compensation Analysts
Position Qualifications (Required) - Bachelor's degree in a related field from an accredited college/university or 4 years of equivalent work experience
- Strong systems (Excel and Access) and presentation skills required
- 5+ years experience in compensation administration and design
- 2+ years experience in compensation analysis supporting the sales function
- Certified Compensation Professional (CCP) preferred
