Kenco Logistics Services - Chattanooga, TN
posted about 2 months ago
The Compensation Analyst plays a key role by providing guidance on various compensation topics across multiple lines of business within the United States and Canada. This position is integral to the design, implementation, and administration of total reward programs aimed at attracting, retaining, and motivating employees. A successful analyst will collaborate with stakeholders to integrate industry best practices into compensation programs and advise leaders on effectively leveraging these programs to fully engage employees. In this role, the analyst will partner with HR Business Partners, site-based Human Resources, and business leaders to understand their needs, provide counsel, and function as a compensation subject matter expert. The analyst will provide compensation expertise and counsel to HR Business Partners and Management for assigned business units regarding all compensation matters, including salary management, compensation program administration, plan design, new hire and retention needs, and policies and procedures that support strategic objectives. The Compensation Analyst will assist in generating competitive solutions to challenging compensation issues while counseling and educating HR Business Partners and Management on compensation philosophy and practice. They will communicate, train, and provide guidance and tools to business leaders throughout the compensation planning process, including setting up and administering annual compensation programs such as merit and annual bonuses. Ensuring the accuracy and effectiveness of compensation information, the analyst will act as a liaison to Human Resources Partners, HR management, and business leaders. Additionally, the analyst will implement procedures to streamline compensation processes to ensure compliance with regulatory requirements and work with Human Resources Partners to educate line management on pay administration practices. They will perform necessary audits to ensure compliance with local, state, and federal agencies, prepare complex reports, presentations, compensation analyses, cost estimates, and participate in the survey submission process, partnering with HR to ensure accurate matching strategies. The role may also involve leading team projects and allocating work to team members as needed.