Senior Compensation Analyst

$100,000 - $164,000/Yr

Forrester And Company - Atlanta, GA

posted about 2 months ago

Full-time - Mid Level
Atlanta, GA
Merchant Wholesalers, Nondurable Goods

About the position

The Senior Compensation Analyst will play a pivotal role in executing Forrester's global compensation strategy, ensuring that our approach to compensation aligns with business objectives and industry best practices. This position requires a deep understanding of the end-to-end compensation process, allowing the successful candidate to tailor processes to meet specific business needs effectively. The ideal candidate will possess a blend of tactical expertise, strong relationship-building skills, and a passion for simplifying complex compensation structures. In this role, the Senior Compensation Analyst will develop and maintain a comprehensive job architecture framework that aligns with organizational goals. This includes leading the design and creation of new job levels, roles, and job descriptions based on market trends and organizational needs. Collaboration with cross-functional teams will be essential to develop communication materials and implement job architecture initiatives, ensuring alignment with overall HR and business strategies. The analyst will also lead the company's annual compensation planning cycle, which encompasses base salary, bonuses, and equity. This involves working closely with key stakeholders to ensure successful implementation and alignment with company goals. Additionally, the role includes serving as a key contributor in the sales compensation review process, evaluating job levels, pay mix, and payout curves, while partnering with sales leadership and finance operations to create a performance-driven sales incentive plan. The successful candidate will ensure the accurate and timely delivery of compensation programs, enhancing employee satisfaction and retention. A deep understanding of data sources, collection methods, and pay philosophy will be crucial when responding to compensation inquiries. The analyst will conduct benchmarking analysis to develop job families and pay targets, ensuring internal equity and market competitiveness. Moreover, the role involves reviewing and auditing compensation practices for consistency and compliance, performing data insights and analysis to support compensation-related activities, and continuously seeking process improvements. The analyst will also monitor changes in legislation, particularly regarding pay transparency, and serve as the primary compensation contact for equity-related matters. Developing educational materials related to compensation to support global employee understanding and engagement will also be part of the responsibilities.

Responsibilities

  • Develop and maintain a comprehensive job architecture framework aligned with business objectives and industry best practices.
  • Lead the design and creation of new job levels, roles, and job descriptions based on organizational needs and market trends.
  • Collaborate with cross-functional teams to develop communication materials and implement job architecture initiatives.
  • Lead and execute the company's annual compensation planning cycle (base, bonus, and equity).
  • Serve as a key contributor in the sales compensation review process, evaluating job levels, pay mix, payout curves, etc.
  • Ensure accurate and timely delivery of compensation programs and initiatives, enhancing employee satisfaction and retention.
  • Conduct benchmarking analysis to develop job families and pay targets to align with job architecture.
  • Review and audit compensation practices to ensure consistency, compliance, and competitiveness.
  • Perform data insights and analysis to support compensation-related activities, including budgeting and cost modeling.
  • Continuously seek process improvements and think creatively to minimize data issues and manual work.
  • Review, monitor, and respond to changes in legislation that impact compensation practices and policies.
  • Serve as primary compensation contact for equity-related matters.
  • Develop and deliver educational and communication materials related to compensation.
  • Partner with finance, accounting, legal, and tax departments to ensure regulatory and legal compliance of employee compensation practices.

Requirements

  • Eight-plus years of experience in compensation, with a proven track record of success.
  • Proficiency in Workday or similar HRIS systems for compensation data management and analysis.
  • Advanced Excel skills, with the ability to analyze complex datasets and generate actionable insights.
  • Strong attention to detail and analytical skills, ensuring accuracy in all aspects of the role.
  • Excellent problem-solving and research skills, with the ability to provide innovative compensation solutions.
  • Exceptional communication, interpersonal, and partnership abilities, capable of working effectively with diverse teams.
  • Strong organizational skills, with the ability to manage multiple projects simultaneously.
  • Knowledge of global compensation trends, best practices, regulations, and compliance.
  • Self-motivated and has the ability to take initiative with minimal supervision.
  • Ability to handle sensitive and confidential information with integrity and professionalism.

Benefits

  • Health insurance
  • Dental insurance
  • Vision insurance
  • 401(k) plan
  • 401(k) matching
  • Paid holidays
  • Paid time off
  • Flexible scheduling
  • Professional development opportunities
  • Tuition reimbursement
  • Employee discount programs
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