Senior Compensation Analyst

5 days ago

Canton, OH, United States Provision People Full time

Summary:

Our award-winning client is seeking a Senior Compensation Analyst to join their team. Conduct comprehensive analysis, audits, and maintenance of compensation data in the HRIS, ensuring equity and competitiveness across structures. Evaluate organization-wide job positions for appropriate salary grades, lead third-party compensation surveys, stay updated on industry trends, and manage global variable pay programs while contributing to benchmarking and enhancing compensation practices and HR data management.

Responsibilities:

  • Conduct a thorough analysis of compensation data to ensure equity and competitiveness within compensation structures and salary ranges.
  • Regularly audit and maintain precise compensation data in the HRIS to uphold accuracy. Assess job positions organization-wide to ascertain appropriate salary grades and levels.
  • Take charge of the compensation survey process, leveraging a third-party survey management tool.
  • Stay abreast of industry trends by scrutinizing compensation survey results, and evaluating the competitiveness of the organization's compensation programs.
  • Manage the annual salary review and variable pay process through the HRIS, providing salary adjustment recommendations based on performance and market data.
  • Head the global governance of variable pay programs (both sales and non-sales) in collaboration with the finance department, encompassing the projection and reporting of variable pay payouts for employees.
  • Contribute to benchmarking U.S. hourly positions and evaluating wage competitiveness.
  • Collaborate with HR teams to proficiently communicate compensation policies, practices, and changes to employees.
  • Identify opportunities for enhancements in compensation practices and HR data management processes within the organization.
Required Qualifications:
  • Integral position supporting a century-old company's evolution in the contemporary market; responsible for maintaining internal equity, ensuring market competitiveness, and providing key recommendations.
  • Diverse daily responsibilities encompass merit reviews, HRIS management, performance and market reviews, process enhancement, and collaborative efforts with various business sectors (Sales, HR, executive management, finance, operations, etc).
  • Thrive on quantitative data analysis, serving as a trusted advisor to facilitate key business decisions.
  • Onsite role at the Canton, OH headquarters (relocation expenses covered) with a competitive base salary, bonus structure, 4% 401k contribution, and comprehensive benefits package.
Desired Skills:
  • Demonstrate robust quantitative and decision-making abilities, ideally complemented by a background in compensation.
  • Proficiency in information systems, particularly with a preference for familiarity with SAP SuccessFactors, is desired.
  • Exhibit the capability to work autonomously in a dynamic setting, efficiently handling multiple projects concurrently.
  • Possess comprehensive knowledge of labor laws, regulations, and industry trends pertaining to compensation.
  • Showcase excellent communication skills and the aptitude to collaborate seamlessly within a team environment, all while upholding confidentiality standards.
  • While a Certified Compensation Professional (CCP) designation is advantageous, it is not obligatory.

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