Senior Compensation Analyst

$92,185 - $115,232/Yr

Avangrid - Orange, CT

posted 7 days ago

Full-time - Mid Level
Orange, CT
Utilities

About the position

The Senior Compensation Analyst at Avangrid is responsible for administering compensation programs and practices for specific business units. This role involves conducting job evaluations, market analyses, and providing compensation recommendations. The analyst will also support performance management, incentive plans, and merit administration, while collaborating with various stakeholders to ensure effective compensation strategies are implemented.

Responsibilities

  • Collaborate with HR Business Partners, Talent Acquisition, management, and employees to provide day-to-day compensation support and recommendations.
  • Analyze and provide salary recommendations for various employee actions including new hires, promotions, and reorganizations.
  • Conduct job evaluations comparing primary duties and minimum qualifications against external market data and internal structures.
  • Support compensation administration of annual programs such as performance management, annual incentive, and merit.
  • Assist with regulatory compliance, audit requests, union negotiations, and rate cases.
  • Participate in salary surveys and maintain market data.
  • Adhere to effective internal controls.
  • Compile data for analysis to provide various compensation recommendations and updates to the compensation system.

Requirements

  • Bachelor's Degree or equivalent combination of education and experience required.
  • Minimum of 5+ years relevant experience in compensation analysis.
  • Compensation certification preferred.
  • Experience in job evaluation, market pricing, salary survey participation, and annual compensation cycles.
  • Demonstrated experience in Microsoft Excel, PowerPoint, Workday, SAP, or other ERP systems.
  • Strong analytical, problem-solving, and decision-making skills.
  • Strong data analysis and reporting skills.
  • Strong attention to detail.
  • Working knowledge of FLSA and other compensation relevant laws and regulatory requirements.
  • Ability to build strong relationships with internal and external constituents.

Nice-to-haves

  • Experience handling confidential or sensitive information.
  • Demonstrated interpersonal skills and effective communication in verbal, written, and electronic formats.
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