Senior Compensation Analyst (Remote) - Remote, TX

Jericho Hr Group

Full-time - Mid Level

Remote

Administrative and Support Services

About the position

The Senior Compensation Analyst plays a crucial role in the administration and analysis of the company's compensation programs within the Transportation & Logistics industry. This position is responsible for managing compensation projects from inception to implementation, ensuring that the company's compensation strategy remains competitive in the market. The analyst will engage in advanced data analysis, policy review, and the management of geographic assignments, compensation tools, and systems. Additionally, the role involves overseeing annual merit cycles, generating queries, and producing reports to support compensation decisions. In this position, the Senior Compensation Analyst will participate in both strategic and operational initiatives aimed at enhancing the compensation program. This may involve acting as a team leader or a team member, depending on the project requirements. The analyst will analyze compensation data, market trends, and other relevant information to provide actionable recommendations that align with the company's compensation strategy. Researching external market trends and internal data will be essential to ensure that the compensation strategy remains competitive and effective. The role also includes developing and documenting internal business processes to meet organizational goals, as well as making recommendations for process improvements. The analyst will provide advanced analysis and recommendations for business processes related to a new Workday implementation, lead the development of compensation design, and introduce new programs as necessary. Day-to-day administration of compensation will be a key responsibility, including researching and analyzing compensation-related issues and collaborating with leadership across the organization to evaluate compensation strategies. Operational responsibilities will encompass market analysis, salary range assessments, job descriptions, and the development of compensation communications for HR managers and team members. The Senior Compensation Analyst will also audit, develop, maintain, and implement compensation policies and programs to ensure compliance with federal and state regulations. This role requires the ability to perform necessary analyses to ensure that exempt and administrative jobs have appropriate market targets based on geographic location. Additionally, the analyst will be responsible for creating educational content and training materials for compensation programs and managing the annual merit cycle for various pay structures.

Responsibilities

• Perform advanced level analysis and administration of the company's compensation programs.
• Manage compensation projects from inception to implementation.
• Participate in strategic and operational initiatives to enhance the compensation program.
• Analyze compensation, market and other data and provide recommendations.
• Research external market trends, competition, and business intelligence to ensure market competitiveness of the Compensation Strategy.
• Develop and document internal business processes to meet organizational goals.
• Provide advanced analysis and recommendations for business processes related to Workday implementation.
• Lead the development of compensation design and introduction of new programs.
• Administer and oversee day-to-day compensation administration.
• Research and analyze compensation-related issues.
• Work with leadership to evaluate all aspects of compensation strategy and provide data and recommendations.
• Perform operational compensation responsibilities such as market analysis, salary ranges, and job descriptions.
• Develop, update, and distribute compensation communications to HR Managers and teammates.
• Audit, develop, maintain, and implement all compensation policies/programs for compliance.
• Perform required analysis to ensure appropriate market targets for exempt and administrative jobs.
• Develop content for education and training for compensation programs or initiatives.
• Test compensation programs in ERP and develop test scenarios for other departments.
• Manage annual merit cycle for different non-exempt pay structures.

Requirements

• Bachelor's degree in business or a related field such as human resources, accounting, finance, or mathematics preferred.
• 3 or more years of advanced compensation analysis experience or equivalent.
• Ability to work remotely and collaboratively within a team and with other HR departments and business/operational leaders.
• Experience with ERP implementation preferred; Workday required.
• Advanced Microsoft Excel and Word skills are required.
• Ability to analyze and organize substantial amounts of data and make recommendations based on internal and external factors.
• Ability to manage assigned projects including fact-gathering, analysis, meeting deadlines, communication, training, implementation, and project completion evaluation.
• Strong project management, decision-making, problem-solving, and analytical skills.
• Strong verbal and written communication skills; ability to discuss compensation and projects with organization leaders.
• Ability to create content and deliver online training.
• Knowledge of federal and state laws related to compensation and HR required.