Compensation Analyst

$65,000 - $90,000/Yr

SPARC Group - Lyndhurst, NJ

Full-time - Entry Level

Hybrid - Lyndhurst, NJ

Apparel Manufacturing

About the position

Reporting to Compensation Manager, the Compensation Analyst is responsible for support to corporate and distribution center compensation program administration and analysis. Responsible for minimum wage compliance and analysis for exempt and non-exempt positions throughout the U.S. and Canada, administration of annual bonus programs, and coordination of annual increase process in support of Compensation Manager. Provide project coordination support for reoccurring and one-time Compensation projects. Responsible for working with highly sensitive and confidential information and maintaining the confidentiality of information used during the normal course of business.

Responsibilities

• Gathers, analyses and interprets compensation data to HR, Talent Acquisition, and Finance partners
• Stays abreast of compensation trends and regulatory developments (i.e. Minimum Wage, Salary Threshold and Pay Transparency) through survey participation and analysis and compensation assessor tools
• Continuous and ad hoc analysis of compensation data to ensure internal equity and alignment to company compensation philosophy
• Conduct job evaluations and provide recommendations on job classifications and salary grades
• Supports the annual increase process by partnering with the HR VPs, Compensation Manager, and Sr. Director of Compensation and HRIS
• Ensures compensation programs are in alignment to company compensation philosophy, guidelines and in compliance to government regulations through reporting
• Develop and generate reports for various compensation analyses
• Backup support for Store Incentive Programs, including but not limited to monthly management sales bonus, Brooks Brothers Base Plus Team Incentive (BPTI), semi-annual Brooks Brothers BAGA bonus, and storeline SPIFF and special incentive programs
• Other duties as assigned

Requirements

• Bachelor's degree; concentration in analytical field such as finance, accounting or economics preferred
• At least 3 year working directly with a HR System, preferably Dayforce, desired
• At least 2 years in a compensation analysis
• Strong analytical, research, and problem-solving skills
• Advanced skill and knowledge of market benchmarking
• Demonstrated advanced level Excel skills
• Communicate and collaborate effectively with the team
• Can work with wide range of business partners
• Ability to work independently with a high degree of discretion and confidentiality
• Must have authorization to work in the United States

Nice-to-haves

• Travel may be required, based on business needs
• Adhere to regular in-office presence, including to engage in in-person team interaction, meetings and collaboration
• Perform other duties as assigned by supervisor as the company retains the right to change duties to this position

Benefits

• 401(k) plan
• overtime pay
• flexible work schedule
• generous employee discount program