Sr Compensation Analyst

As a Senior Compensation Analyst, you will be a key member of the Compensation team reporting to the Director, Compensation. In this role, you will help to advance our compensation philosophy by being a critical advisor and support to our business leaders.  You will work with cross-functional partners to drive pay decisions that are externally competitive, internally equitable, and legally compliant. You will also participate in the development and execution of compensation processes and initiatives.

DUTIES AND RESPONSIBILITIES

• Manage and administer company-wide compensation programs, including base pay, incentives, and bonus plans, ensuring accuracy, compliance, and alignment with organizational policies.
• Lead development and maintain salary structures, job grades, and job evaluation frameworks. Ensure roles are appropriately classified and aligned with internal and external equity standards.
• Conduct market pricing and benchmarking studies to ensure competitiveness of compensation programs. Analyze salary survey data and provide recommendations for adjustments.
• Build and maintain relationships with business leaders in human resources and other departments to ensure effective collaboration and provide ongoing compensation support on off-cycle pay increases, promotional adjustments, and other pay-related changes including ad hoc requests
• Support the design, implementation, and communication of short-term and long-term incentive programs. Analyze plan effectiveness and recommend improvements.
• Identify opportunities to enhance compensation processes, programs, and tools. Contribute to compensation strategy discussions and initiatives.
• Prepare reports, dashboards, and analyses to support leadership decisions. Ensure data integrity and accuracy.
• Conduct regular reviews of compensation plans to ensure competitiveness in the market and alignment with industry best practices
• Ensure compensation practices comply with legal regulations, internal policies, and industry standards. Participate in audits and support governance processes.
• Manage and administer the company’s severance program, ensuring compliance with policies, legal requirements, and consistent execution across the organization.
• Manage compensation projects from design to execution, including modeling, project planning, communication, and training. Work collaboratively with stakeholders to achieve objectives
• Serve as a liaison with outside vendors in the management of survey data, consulting projects, and compensation programs
• Perform other related duties as assigned