Lowe’s

Sr Analyst-Compensation

Lowe’s$75K — $95K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Human Resources, Psychology, Accounting, Financial Planning and Analysis, or equivalent experience.
  • 5+ years of compensation experience in a retail corporate environment, with knowledge of Lowe's processes.
  • Certified Compensation Professional designation and experience evaluating job grades are preferred.
  • 3+ years of expertise in Microsoft Excel, database analytics, and financial analysis.
  • Strong verbal and written communication skills with the ability to maintain confidentiality.

Responsibilities

  • Evaluate market data and analyze compensation competitiveness, making informed recommendations.
  • Perform calculations and modeling for annual bonuses and incentive programs, addressing ad hoc data requests.
  • Assist in policy documentation preparation and clarify policy issues as needed.
  • Facilitate and process compensation increases during events such as merit or wage increases.
  • Communicate incentive award details through various channels including reports and meetings.
  • Serve as a subject matter expert on assigned compensation programs and processes.
  • Participate in compensation surveys and conduct job evaluation for new and existing roles.

Benefits

  • Comprehensive health coverage including medical, dental, and vision.
  • 401(k) retirement savings plan with company matching.
  • Employee discounts on merchandise and services.
  • Opportunities for professional development and training.
  • Flexible work arrangements and supportive work environment for work-life balance.
Full Job Description
Your Impact
The primary purpose of this role is to assist with the design, development, and administration of base salary, variable compensation, and incentive compensation programs for retail stores, distribution centers, and corporate associates to ensure market competitiveness and internal equity. This also includes responsibility for continuous process improvement in the use of existing compensation technology and development of improved methods. This role is critical to Lowe's as many of the work activities affect employee engagement, retention, and the long-term success of Lowe's.

What You Will Do

  • Evaluates market data/trends and conducts analyses to determine the competitiveness of Lowe's compensation programs, and makes recommendations accordingly
  • Performs analysis, modeling, and calculations for annual bonuses, incentive programs and other ad hoc data requests
  • Assists with the preparation of policy documentation and recommends clarification to policy issues
  • Facilitates and processes increases for compensation events, such as annual merit increases, wage increases, step increases, etc.
  • Reviews information coming back from the field to ensure its accuracy
  • Communicates various store, distribution center or corporate incentive awards via reports, meetings, emails, online systems, etc.
  • Serves as a tactical SME on assigned programs and processes at a granular
  • Participates in compensation surveys, completing and maintaining job documentation and performing job analysis
  • Conducts job evaluation and reviews new and/or existing roles (i.e., ranking, factor comparison, points method, etc.)
  • Ensures compliance with all federal, state, and regulatory standards and laws governing the compensation programs
  • Works closely with other groups (Accounting, Finance, Employee & Corporate Communications, etc.) in order to ensure Lowe's compensation strategy is executed seamlessly.
  • Ability to maintain confidentiality around all different types of personal employee information.


Required Qualifications
  • Bachelor's degree Business, Human Resources, Psychology, Accounting, Financial Planning and Analysis or related field or equivalent years of experience in lieu of education requirement, if applicable
  • 5 Years Experience in Compensation in a retail corporate environment. Knowledge of Lowe's stores and corporate processes. Certified Compensation Professional designation. Experience evaluating job grades
  • 3 Years Experience in Microsoft Excel, database analytics, and financial analysis. Experience working in a compensation environment. Excellent verbal and written communication skills. Ability to learn software platforms quickly. Experience dealing with confidential information.


Preferred Skills/Education
  • Master's degree Business, Human Resources, Psychology, Accounting, Financial Planning and Analysis or related field


About Lowe’s

Lowe's Careers

Joining Lowe's means becoming part of a team that is committed to fostering an environment of growth, innovation, and leadership. As one of the leading home improvement companies, Lowe's offers unparalleled job opportunities and a culture that values diversity and professional development. Work You'll Do At Lowe's, your work will directly impact our mission to help people love where they live. Whether you're involved in the direct sales process, product development, or customer service, your role will contribute to our industry-leading standards. Transform Your Career Leverage your skills and drive in a position that empowers you to lead projects and initiatives that redefine the retail experience. Lowe's is at the forefront of the industry, combining retail, technology, and customer service to create unique experiences for consumers. Join a team of dedicated professionals who are there to support your career aspirations and help you grow both personally and professionally. With over 300,000 team members, Lowe's is a place where you can cultivate a career filled with innovation and opportunities. Lowe's Professional Growth and Opportunities We are committed to the professional growth of every team member. Lowe's offers a variety of career paths and opportunities for advancement, including leadership roles in numerous departments. Whether you're seeking a part-time position or a full-time career, Lowe's provides the training and resources needed to advance and excel. Internship Programs Start your career with Lowe's through our dynamic internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that impacts our business. Interns at Lowe's gain invaluable skills, work alongside experienced professionals, and are considered for full-time positions upon successful completion of the program. Benefits and Culture Lowe's is dedicated to maintaining a culture that promotes diversity and inclusion. We offer a comprehensive benefits package that supports the health, well-being, and financial security of our employees and their families. Benefits include health insurance, retirement plans, and employee discounts, among others. Networking and Innovation Stay connected and ahead in your career through Lowe's commitment to innovation and networking. Our team members have access to cutting-edge technology and are encouraged to think outside the box to solve challenges. Networking within the company is supported through various groups and initiatives, fostering connections that can lead to career advancement. Join Our Team Explore the job opportunities at Lowe's that match your skills and interests. We are always looking for passionate, curious, and solution-driven team players. Start your journey with Lowe's today and be part of a company that values hard work and dedication. Stay Up to Date Keep informed with the latest in career tips, company news, and industry insights—all from the people who work at Lowe's. Our careers blog provides valuable content that can help you navigate your professional journey. Job Alert Emails Customize your subscription to receive job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Lowe's. SEARCH LOWE'S JOBS At Lowe's, your career is in your hands. Build it with us and be part of a team that is changing the future of retail.
Learn more about Lowe’s
Size
200,000 employees
Market Cap
$120.3 billion
Industry
Net Income
$5.8 billion
Founded
1946
5 Year Trend
+8.2%
Revenue
$89.5 billion
NASDAQ

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