Senior Compensation Analyst (Remote)
Location
New Mexico | United States
Job description
Performs advanced level analysis and administration of the company’s compensation programs. Manages compensation projects from inception to implementation. Compensation responsibilities include data analysis, policy review, geographic assignments, compensation tools/systems, annual merit cycles, queries, and reports.
- Participate in strategic and operational initiatives to enhance the compensation program. May act as team leader or team member.
- Analyze compensation, market and other data and provide recommendations.
- Research external market trends, competition, business intelligence and other information and data to ensure that Compensation Strategy remains market competitive. Research internal data, information, and projects to make recommendations to existing or new compensation strategy initiatives.
- Develop and document internal business processes that allow us to meet our goals. Make recommendations to improve business processes.
- Provide advanced analysis and recommendations for business processes for a new HRMS implementation.
- Lead the development of compensation design and introduction of new programs.
- Administer and oversee day-to-day compensation administration. Research and analyze compensation related issues.
- Work with leadership at all levels of the organization to evaluate all aspects of compensation strategy and provide data and recommendations.
- Perform operational compensation responsibilities such as market analysis, salary ranges, job descriptions, policies, compensation email responses, queries, or reports. Develop, update, and distribute compensation communications to HR Managers and teammates.
- Audit, develop, maintain, and implement all compensation policies/programs to ensure compliance with federal and state regulations and internal policies.
- Perform required analysis to ensure that exempt and administrative jobs have the appropriate market target based on geographic location.
- Evaluate state and local minimum wage laws and work with leaders to maintain compliance.
- Develop content for education and training for compensation programs or initiatives.
- Responsible for testing compensation programs in ERP and develop test scenarios for other departments to test (HR, Finance, Payroll, etc.).
- Manage annual merit cycle for different non-exempt pay structures. Assist with the administration of the annual exempt merit and bonus program.
- Manage projects from recommendation phase to implementation.
Qualifications:
- Bachelor’s degree in business or a related field such as human resources, accounting, finance, or mathematics preferred.
- 3 or more years of advanced compensation analysis experience or equivalent.
- Ability to work remotely and collaboratively within team and with other HR departments and business/operational leaders.
- Experience with ERP implementation preferred. Workday preferred.
- Advanced Microsoft Excel and Word skills are required.
- Ability to analyze and organize substantial amounts of data and make recommendations for solutions based on internal and external factors.
- Ability to manage assigned projects including fact-gathering, analysis, meeting deadlines, communication, training, implementation, and project completion evaluation.
- Strong project management, decision-making, problem solving and analytical skills.
- Strong verbal and written communication skills. Ability to discuss compensation and projects with organization leaders.
- Ability to create content and deliver on-line training.
- Knowledge of federal and state laws related to compensation and HR required.
- International compensation experience preferred.
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