Bruegger's - Brooklyn Center, MN
posted 3 months ago
As a Compensation Analyst at Caribou Coffee, you will play a pivotal role in designing, developing, and implementing compensation and incentive packages that are essential for attracting and retaining talented team members. This position requires close collaboration with the HR team, executives, and department managers to ensure that the organization maintains a fair and competitive rewards system that aligns with the company's overarching goals and values. Your contributions will be critical in ensuring compliance and integrity in compensation processes while supporting educational initiatives related to rewards and recognition plans. In this role, you will analyze, design, and administer various employer compensation programs, including base pay, long and short-term incentives, spot bonuses, commissions, and stock options. You will be responsible for creating and communicating pay structures, grades, compensation budgets, and guidelines. Additionally, you will advise managers on effective pay decisions that enhance employee engagement and comply with compensation policies and budgetary guidelines. Evaluating jobs, developing and maintaining job descriptions, and participating in compensation surveys will also be key components of your responsibilities. Your expertise will be essential in conducting research and analysis on market competitiveness, pay equity, and compensation trends, ensuring that Caribou Coffee remains a competitive employer in the market.