DescriptionAbout the role
The Senior Compensation Analyst provides analytical support in the planning, design, development, and administration of compensation and total rewards programs across the organization. This role is responsible for executing analyses, supporting program implementation, and delivering insights that help maintain competitive and equitable pay practices aligned with business goals and objectives.
The Senior Compensation Analyst partners with HR and business leaders to support base pay and variable pay programs. This position contributes to ensuring compensation programs are market competitive and support the organization's ability to attract and retain talent.
This is a hybrid remote role, offering a flexible work arrangement out of our Raleigh, NC office , with an in-office requirement of two days per week.
You Will
- Represent the Compensation team as an influential collaborator on projects with cross-functional business partners including but not limited to Accounting, Finance, Legal, Operations, Communications, and IT to achieve desired business outcomes.
- Deliver effective, accurate and competitive pay programs to our Associates and Optometrists in support of their work with our patients.
- Assist with the design, implementation, and maintenance of MyEyeDr .'s job architecture, career levels, and pay bands in conjunction with management and HRBPs.
- Audit jobs for content and prepare job descriptions reflecting job responsibilities, activities, duties and requirements.
- Own the survey management tool and market analysis of MyEyeDr's jobs to determine competitive positioning and recommend base pay changes. Responsible for data implementation, auditing and data validation, and system analytics.
- Provide guidance to management regarding salary changes associated with promotions, demotions, transfers, and relocations as well as market and equity adjustments. Recommend corrective or alternative actions to resolve compensation-related concerns.
- Monitor regulatory legislation and audit to identify potential compensatory, operational, and financial impacts. Ensure compliance with existing federal, state, and local compensation related regulations (Minimum Wage, FLSA, EEO-1, Wage & Hour). Monitor cost of wage geographic differentials.
- Lead annual company-wide compensation processes, including base pay, short-term bonus, and equity reviews.
- Support the design, communication, and implementation of short-term incentive plans.
- Create and modify compensation operation policies, guidelines, procedures, and compliance documentation.
- Lead projects that support compensation design, including data collection, data analysis, presentation development, communication, and program implementation.
- Provide recurring and ad-hoc HR reports and analyses as needed.
- May assist with compilation of monthly financial reporting, forecasts and assist with budget preparation.
About You
- 5+ years of experience in the analysis, design, and administration of compensation programs; including experience working with job architecture and multiple surveys.
- Bachelor's Degree in Human Resources , Business Administration, Mathematics, Finance, or related field. Advanced degree preferred.
- Strong business acumen, analytical, quantitative, and problem-solving skills, including keen judgment and decision-making, with an eye towards process efficiency and simplification.
- Excellent written and verbal communication skills. Ability to be influential with impactful presentation skills.
- Advanced Microsoft Office experience: in particular, Word, PowerPoint, and Excel experience that includes VLOOKUP, pivot tables, charts, regression analysis, and nested function statements.
- Detail-oriented strategic thinker and strong with data and analytics. Ability to capture and analyze large compensation data files and create Excel-based models, proficient with complex formulas.
- Exhibit proactive drive and intellectual curiosity to conduct research, streamline processes, assess opportunities, model improvements, and make proposals to ensure that MyEyeDr .'s compensation practices are aligned with business strategies.
- Ability to work cooperatively and collaboratively with others; builds and maintains strong working relationships with both internal and external business partners.
- Able to maintain confidentiality of information and privacy of associate information.
Grow with Us
- Career Development and Training Opportunities
- Participate in a comprehensive benefits package including medical and dental coverage, tax-free savings plans, life insurance and more
- Participate in our Vision coverage and associate discounts on our products
- Participate in our 401(k ) with competitive company match
- Accrue PTO and paid holidays from day one
