Compensation Associate

Scholastic • New York, NY

377d • $63,000 - $75,000

About The Position

The Compensation Associate at Scholastic is responsible for supporting the analysis and administration of both broad-based and executive compensation functions. This role involves providing regular and ad-hoc reports, maintaining data integrity, and assisting with various compensation plans and programs. The position requires collaboration with multiple departments and stakeholders, ensuring compliance and effective project support.

Requirements

• 2-3 years of compensation experience.
• Bachelor's degree in HR, business, or finance.
• Excellent analytical, organizational, and project management skills with strong attention to detail.
• Strong written and verbal communication skills.
• Demonstrated knowledge of Excel and HRIS systems.
• WorkDay experience preferred.
• Knowledge of compensation best practices and processes.

Nice To Haves

• Equity compensation experience preferred.

Responsibilities

• Support the day-to-day operations of executive compensation.
• Assist with the maintenance of long-term incentive plans (LTIP).
• Administer the Management Stock Purchase Plan (MSPP) and Employee Stock Purchase Plan (ESPP).
• Provide reporting on all aspects of executive compensation and handle ad-hoc requests.
• Assist with the administration of annual merit processes, ensuring data integrity and system testing with HRIS.
• Collaborate on salary surveys and gather data for annual submissions.
• Track the Spot Bonus program, monitor budget spend, and generate quarterly reports.
• Confirm payments for Compensation Commitments with HRBPs and payroll, partnering with Finance on monthly reports.
• Audit data in WorkDay and collaborate with HRBPs.
• Support FLSA and entry-level job evaluations requests.
• Prepare compensation-related proxy tables and annual CEO Pay Ratio analysis.
• Support Financial, Accounting, and SOX reporting.
• Gather data for Total Rewards Statement preparation and prepare materials for the Job Family project.
• Participate in ad-hoc compensation projects and departmental initiatives as requested.

Benefits

• Employee stock purchase plan
• Health insurance
• Parental leave
• Retirement Savings Plan 401(k) with options for both Roth and Traditional Contributions
• Tuition-Free programs for undergraduate and graduate degrees
• Generous Parental Leave Program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers
• Education Level: Bachelor's degree