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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