Compensation Analyst

$80,000 - $120,000/Yr

OneMain Financial - New York, NY

Part-time - Entry Level

New York, NY

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Compensation Analyst will support the analytics, planning, administration, and implementation of compensation programs and policies at OneMain Financial. This role involves conducting market pay analysis, developing job descriptions, assisting in salary structure development, and ensuring compliance with laws and regulations. The analyst will collaborate with various departments to deliver effective compensation solutions and will become a super-user of the Workday system.

Responsibilities

• Conduct market pay analysis to determine competitiveness of pay and make recommendations for pay adjustments.
• Develop detailed job descriptions based on a thorough review and evaluation of jobs.
• Assist in the development of salary structures and slotting of jobs into appropriate levels.
• Become a super-user of the Workday system and its compensation capabilities.
• Partner with Payroll and HRIS and serve as a subject matter expert on compensation and cross-functional projects.
• Support the annual compensation planning process from baseline analysis through communication and payment.
• Collaborate with Legal, Accounting, and Tax to ensure accurate reporting and compliance with applicable laws and regulations.

Requirements

• Bachelor's degree or equivalent experience.
• 1-3 years of relevant experience in compensation, consulting, finance, audit, payroll or system implementation.
• Advanced Excel and PowerPoint skills for designing, developing, implementing, and administering compensation programs.
• Ability to analyze and compile complex data and present effective summaries and reports.
• Strong financial, analytical, and auditing skills.

Nice-to-haves

• Experience with Excel and PowerPoint; interest in Financial Services and compensation is preferable.
• Workday or other systems experience preferable.

Benefits

• Health and wellbeing options including medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurances
• Up to 4% matching 401(k)
• Employee Stock Purchase Plan (10% share discount)
• Tuition reimbursement
• Paid time off (15 days' vacation per year, plus 2 personal days, prorated based on start date)
• Paid sick leave as determined by state or local ordinance, prorated based on start date
• Paid holidays (7 days per year, based on start date)
• Paid volunteer time (3 days per year, prorated based on start date)