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Compensation Analyst for WILBUR-ELLIS

11 Jan 2023 10:10 AM | Cindy Mason (Administrator)

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Position:                       Compensation Analyst

Division:                       Corporate

Job Family:                   People & Culture

Position Reports to:      Compensation Manager

Career Level:                P2

Job Code:                     XXXXXXXX

Exemption Status:        Exempt

General Purpose and Scope of Position:

The Compensation Analyst will be a thought partner in developing and improving our compensation structure.  Essential to this role is a track record as a critical thinker with a collaborative approach. Working closely with the Compensation Manager, this position will help to build out and maintain compensation programs including job architecture, market-competitive base pay and short and long-term incentive programs. This role requires demonstrated skills in both data and compensation analysis. You will serve as a resource to both business and people & culture partners.

Key Skills and Abilities Include:

  • 3+ years of Compensation Analyst experience supporting and evaluating compensation models and processes, building scalable programs and solutions
  • The ability to maintain a high level of accuracy in preparing and entering information.
  • Experience with market pricing, benchmarking, compensation analyses and other financial and statistical metrics encompassing elements of compensation
  • Advanced knowledge of Excel (e.g. working knowledge or ability to learn: vlookups, nested functions, pivot tables, charts/graphs, etc.)
  • Solid project management and time management skills
  • Ability to build relationships with demonstrating a record of timeliness, trust, and integrity
  • Demonstrated ability to work independently and within a team, conduct research, formulate conclusions, and present conclusions or solutions to business issues

Key Personal Attributes Include:

  • Excellent communication and interpersonal skills, including the ability to influence and build relationships across functions at all levels of the organization
  • The ability to respond actively and sensitively to customer needs and problems.
  • Strategic orientation with the ability to take initiative and serve as a resource for the global enterprise
  • A passion for analytics and problem solving with a strong drive for results
  • Curiosity and a desire to learn

Specific Responsibilities and Key Deliverables Include:

  • Consult, advise & train People Partners, Recruiters, and multi-level Business Leaders in all things compensation
  • Analyze and administer compensation programs such as base pay, short-term incentives and sales incentives as well as aiding in developing communication materials and trainings 
  • Evaluate jobs and maintain job catalog, job descriptions, and compensation framework to ensure market competitiveness
  • Maintain the career framework through the job evaluation process, ensuring that positions are evaluated against the established set of criteria and are leveled consistently across the organization
  • Assess appropriate market benchmarks for jobs and participates in compensation surveys to obtain market data
  • Ensure compensation data accuracy and compliance with FLSA and other state and federal laws and regulations
  • Experience with auditing for internal equity, market competitiveness, and compliance with regulations and internal policies
  • Administration of annual merit and bonus processes, including communication and system tools support
  • Produce ad hoc analyses based on business requests and recommend corrective or alternative actions to resolve compensation-related needs
  • Participate the development of best practices and processes in the function and embed these in the organization. 
  • Supports project work, such as reorganizations, redesign of processes for efficiency and other projects that arise from time-to-time through analysis of data and research of supporting materials
(c) 2019 Columbia-Willamette Compensation Group/Total Rewards PDX
Formed in 1990 to support area professionals, CWCG/TRPDX is a Local Network affiliate of WorldatWork.
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