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Senior Compensation Analyst
1 month ago
Job Description
Job Summary (General Responsibilities):
Manage the global compensation function including base pay practices, bonus program development and administration, and long-term incentive rewards such as stock option plans. Plan, develop, and implement new and revised compensation programs, policies, and procedures, including the performance review and merit-rating programs, to be responsive to the Company's goals and competitive practices. Conduct regular reviews of compensation programs to ensure internal equity, external competitiveness, and legal compliance. Partner with Senior HRIS Analyst and Compensation Analyst to identify and troubleshoot any Human Capital Management (HCM) issues or errors that may occur and work with the various teams to resolve. This role is hybrid with 2-3 days in office at El Segundo, CA.
Specific responsibilities include:
- Responsible for the management and administration of the global base pay practices, bonus programs, merit increases, and stock option grants.
- Responsible for the review and implementation of new and revised compensation programs, policies, procedures, in order to be responsive to the Company's goals and compensation objectives.
- Actively participate in the development of a corporate compensation philosophy.
- Lead the efforts to integrate the compensation programs of Belkin, FIT, FOIT, and any future merged/acquired programs.
- Develop and participate in compensation surveys to analyze the Company's competitive position.
- Monitor the effectiveness of existing compensation policies and guidelines. Recommend revisions and/or new plans that drive the business forward, are cost-effective, and are consistent with compensation trends.
- Ensure compensation programs are consistently administered and in compliance with federal and state laws governing both compensation and benefits practices.
- Review offer packages and proposed salary adjustments to ensure they are market competitive and conform to internal guidelines and make recommendations for corrective or alternative actions to resolve compensation-related issues.
- Partner with HR teams, finance, and business leaders globally to implement programs and to ensure compensation plans enforce a pay-for-performance culture.
- Supervise and develop Compensation Analyst.
- Partner with Compensation Analyst to develop techniques for compiling, preparing, and presenting compensation data to internal partners and business leaders.
- Provide direction to HR and business leaders on the creation of job family and function matrices that provide broad overviews of differing roles and responsibilities that exist for each job level.
- Review job descriptions and propose or confirm job structure/hierarchy, base salary, bonus compensation, compliance, and FLSA exemptions.
- Recommend salary structure ranges and merit increase budgets in advance of annual performance review cycle.
- Actively seek out process improvements to ensure effective execution of complex processes and solutions, including HCM (Workday).
- Partner with global HR team to understand and roll out HRIS process improvements, including documentation, testing, and training.
- Participate in testing and roll out of HCM (Workday) releases and updates.
- Supervise the maintenance of salary databases, including evaluating vendors, reviewing contracts, and submitting annual data as required.
- Fulfill responsibilities under ISO 9001 and 14001; understand and fully support IS0 system.
- Comply with Health and Safety requirements of Belkin.
- Maintain a safe and clean work environment.
- Understand and follow Company rules and regulations.
- Perform all other duties as assigned and required.
Education and Experience Requirements:
- Bachelor's degree or equivalent in business, finance, human resources, or related field.
- Master's degree a plus.
- Six to eight years of progressive experience in compensation within a large professional services or corporate environment.
- Comprehensive understanding of elements of compensation including bonus and stock option plan administration.
- Knowledge of government regulations as they apply to base and incentive compensation programs and policies.
- Experience implementing and managing compensation structures and pay policies (e.g., relocation guidelines).
- Strong verbal and written communication, presentation, negotiation, and facilitation skills with experience working with senior-level leadership.
- Proven problem solving, mathematical, and statistical skills.
- HRIS familiarity with Workday, ADP, or other human resources, operational, or business systems (e.g., Oracle, Business Objects).
- Ability to work under general supervision with latitude for independent judgment.
- High level of proficiency in Microsoft Office applications; expert level proficiency in Excel including VLOOKUP's and pivot tables.
- Ability to deal with change and proactively form productive working relationships.
- Ability to coordinate and influence other functions globally.
What you're getting into
We've got big collaborative spaces for your big ideas, so bring an open mind and leave your suit in the closet. We all are committed to creating unique and rewarding consumer experiences. Everyone is interested in succeeding – for the team, for themselves and for the business. Cross-functionally and across the company, everyone has common goals and aspires to be their best.
You will learn something new or at least look at things differently every day. There are so many smart and creative people around that you'll be motivated to pursue the ideal.
Team spirit is infectious. Belkin is an extremely open workplace, where communication is essential. Not every idea will be accepted, but you'll be asked for your point of view. Innovation thrives on multiple and varied levels. At Belkin we challenge conventional wisdom and refuse to accept that something cannot be done.
We are committed to diversity. Belkin is an Equal Opportunity and Affirmative Action Employer M/F/D/V. We maintain a drug-free workplace.
All candidates applying for a job in the EMEA region, please review the Applicant Privacy notice HERE
Location:
El Segundo, California
Range for this position:
$80,000 to $100,000
Factors such as geographic location, academic credentials, relevant experience, and specific knowledge, skills and abilities will influence the actual salary offered. In addition to a competitive market-based salary, compensation also includes a performance-based bonus, and in addition to a full range of medical, financial, and/or other benefits. Further details can be found here.
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