Senior Compensation Analyst

Senior Compensation AnalystPatterson isn't just a place to work, it's a partner that cares about your success. One of the distinguishing marks of our company is the talented people who embrace the people-first, always advancing, and results-driven culture. Professional growth abounds in this motivating environment. We value the diverse talents and experiences our employees bring to Patterson and believe that they build a stronger and successful organization.Job Description: The Senior Compensation Analyst role is responsible for the administration and consultation of Patterson's compensation programs; evaluate, design, and implement market competitive programs, streamline processes, and engage in and lead compensation projects. This role consults to ensure that programs are communicated and administered timely and in compliance with applicable regulations. The role collaborates cross-functionally, shares knowledge on compensation programs, and works to either gain consensus or clarify differences. Areas of accountabilities may include: job evaluations, structure development, short-term incentives, sales compensation, equity, and executive compensation.Essential FunctionsDesign, implement and administer compensation programs (i.e., base pay, bonus, sales compensation, equity) to drive market competitiveness; analyze market data and labor trends to recommend plan design enhancements; primarily U.S-based, may include international programsProvide effective consultation to various audiences (i.e., HRBP's, Talent Acquisition, business leaders, etc.) and share knowledge on compensation strategies, best practices, and programs; collaborate and build understanding, find solutions to inquiries and issues, and consult on program design and options to ensure alignment with the compensation philosophy and total rewards strategyConduct job evaluations to drive internal and external equity; develop an understanding of the jobs and organizational structures to formulate recommendations for pay grade, FLSA exemption, etc.Lead the annual compensation process; provide effective project management for the overall merit, annual bonus and long-term incentive programs to include data audits, communications and resources, system testing, and effective cross-functional partnerships (e.g., Performance/Talent team, HR Technology, external vendors)Lead assigned projects and support team projects to include providing subject matter expertise and thought leadership, preparing analysis, enhancements, and developing and presenting recommendations to leadershipDevelop communications, resources and tools to drive engagement and understanding of compensation programs; present compensation-related materials as requested to various internal audiences (i.e., HR Business Partners, Talent Acquisition, Management)Develop, document, and/or evaluate internal processes and reports and recommend enhancements to streamline workflow while ensuring compliance with regulatory requirements and Company compensation plan provisionsMaintain assigned SOX compliance controls; provide timely responses and documentation for internal and external auditsMaintain knowledge of state and federal regulations and requirements governing compensation programs and policies, and recommend appropriate courses of action based on updates in legislation, partner with the internal legal team to ensure complianceComply with Company and department policies and standards; performs other duties as assignedAdditional ResponsibilitiesMay be accountable to assist with compensation surveysMay support equity-based programs, proxy compensation data preparation, and compensation committee materialsMinimum RequirementsBachelor's Degree in human resources, finance, or other business-related field or equivalent education and/or experience5 years combined experience in compensation, finance or human resources3 years experience with compensation program administration, design and analyticsPreferred RequirementsSales incentive compensation design, modeling, and implementation (i.e., drafting plan documents, consulting)Skills and AbilitiesDemonstrated application of compensation fundamentals (e.g., market pricing, job evaluations, base pay and incentive administration, consulting principles)Thorough knowledge of laws and regulations affecting compensation design and administrationStrong written and verbal communication skills; ability to consult and summarize analytics in a clear and concise mannerExcellent analytical and project management skills with demonstrated ability to take initiativeDemonstrated time management skills; ability to organize and prioritize work effectively, and adapt to changing prioritiesStrong attention to detail and problem-solving skills; ability to exercise independent judgment and critical thinkingStrong proficiency in Microsoft Excel, PowerPoint, HR system such as WorkdayAbility to work independently and effectively drive for results in a vastly work from home environment, as well as participate in and lead in a team environmentPhysical and Cognitive DemandsCommunicate/Hearing FrequentlyCommunicate/Talking FrequentlyLearn New Tasks or Concepts FrequentlyMake Timely Decisions in the Context of a Workflow FrequentlyComplete Tasks Independently ConstantlyMaintain Focus ConstantlyRemember Processes & Procedures ConstantlyStationary Position (Seated) ConstantlyVision ConstantlyThis person must work within a commutable distance of Mendota Heights, MN.We provide competitive benefits, unique incentive programs and rewards for our eligible employees:Full Medical, Dental, and Vision benefits and an integrated Wellness Program.401(k) Match Retirement Savings Plan.Paid Time Off (PTO).Holiday Pay & Floating Holidays.Volunteer Time Off (VTO).Educational Assistance Program.Full Paid Parental and Adoption Leave.LifeWorks (Employee Assistance Program).Patterson Perks Program.The potential compensation range for this role is below. The final offer amount could exceed this range, based on various factors such as candidate location (geographical labor market), experience, and skills.$83,400.00 - $104,200.00EEO StatementPatterson provides equal employment opportunities to applicants and employees without regard to race; color; sex; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or other related medical conditions; status as a protected veteran or spouse/family member of a protected veteran; or disability.