Sr. Analyst, Compensation
Role Summary The Senior Compensation Analyst will conduct data analysis related to the design, delivery and ongoing evaluation of compensation programs, including base pay, short and long-term incentives, sales compensation, employee recognition and deferred compensation. Responsibilities Work with internal HR team to address compensation-related issues Participate in and organize data from market compensation surveys to assist with ongoing competitive analyses and pay program assessments Assist with assessment of current compensation levels and pay mix relative to the external market and to internal peers Assist with preparation of compensation-related communication materials Provide explanation of compensation programs – salary merit process, bonus plan, long-term incentive plans and deferred compensation plans – to employees and HR generalists, as needed Evaluate market and economic trends to recommend adjustments to compensation Assist in the design and maintenance of the job catalog Provide analysis to assess effectiveness and quality of compensation plans and programs Research best practices internally and externally and apply key findings to achieve position objectives Prepare reports summarizing compensation programs for employee meetings Understand and be comfortable communicating executive-level compensation and benefit plans Serve as a liaison for Compensation with other functional areas including Benefits, HR Operations and Finance Work with HR Operations team to ensure SAP system meets compensation needs and is updated to reflect changes to job catalog, pay incentive programs, etc. Prepare summary exhibits to illustrate outcomes from merit planning, bonus planning, and equity grants