Senior Compensation Analyst

6 days ago

Grand Rapids, Michigan, United States LaBine and Associates Full time

Newly created role for a senior compensation analyst to drive and execute compensation strategy for US, UK, Germany and Canada.

In this role, the Sr Compensation Analyst will: 

  • Partner with Recruiting and business leaders to manage the execution of wage budget and maintain the position management structure. In collaboration with accounting, direct and execute the annual wage budgeting process
  • Analyze position descriptions and organizational structure and tiers/levels for internal and external roles
  • Design and administer compensation plans, annual merit increases and incentive programs including short-term incentive, sales incentive, and equity. Direct and execute the annual compensation process, including configuring and testing HRIS processes and QAing payouts and increases
  • Provide compensation recommendations for new headcount and increase requests
  • Administer multiple salary surveys and perform compensation data analysis
  • Analyze internal equity and calibrate compensation strategies within business units
  • Research market and pay trends to determine benchmark compensation rates
  • Provide compensation analysis on current & future workers for new business implementations. Create & provide training for leaders regarding compensation programs
  • Evaluate pay changes, market adjustments and communications/decisions with management
  • Work in various platforms/software programs including Workday, Adaptiv, Mercer, and CompAnalyst administering compensation, organization, and job changes.  Should be able to utilize various software tools to analyze pay structures across experience levels & geographies
  • Manage third party consultant relationships

Qualifications:

  • Bachelor's Degree in Business or related field.
  • Experience with a distributed workforce
  • Ability to communicate ideas in both technical and user-friendly language.
  • Highly self-motivated and directed.
  • Proven data analysis, data verification, and problem-solving abilities.
  • Highly efficient in Microsoft Excel and Microsoft Office
  • Workday experience preferred
  • Experience in pricing and forecasting software tools (Aon Hewitt, CompAnalyst, Mercer)

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