Sr Analyst-Compensation

8 hours ago

Lenoir, United States Lowe's Full time

Do Your Best Work in MooresvilleThis position is based at our headquarters in Mooresville, North Carolina. Our corporate office is a space where you can collaborate and do your best work. Take a walk, grab a bite (or a cup of coffee), work out or get a check-up we invest in you so you can find your inspiration.Your ImpactThe 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 DoEvaluates market data/trends and conducts analyses to determine the competitiveness of Lowe's compensation programs, and makes recommendations accordinglyPerforms analysis, modeling, and calculations for annual bonuses, incentive programs and other ad hoc data requestsAssists with the preparation of policy documentation and recommends clarification to policy issuesFacilitates 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 accuracyCommunicates 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 granularParticipates in compensation surveys, completing and maintaining job documentation and performing job analysisConducts 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 programsWorks 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.Minimum QualificationsBachelor'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 applicable5 Years Experience in Compensation5 Years Experience in Microsoft Excel and database analytics.Excellent verbal and written communication skills.Preferred Skills/EducationMaster's degree Business, Human Resources, Psychology, Accounting, Financial Planning and Analysis or related fieldAbout Lowe'sLowe's is a FORTUNE 100 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need.

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