Senior Compensation Analyst

About the position

Become part of the Bosch Benefits and Compensation Center of Excellence team focused on delivering outstanding benefit programs to our associates. Through your contributions, you will work with a team that develops strategies and manages processes related to compensation, benefits programs, and governance for roughly 16,000 employees throughout the US. We actively drive the transformation of Bosch in the spirit of 'People Matter.' Join the North American Total Rewards team! We are looking for creative problem solvers with a passion for data analytics to join our team and revolutionize the way we attract and motivate our people. This position is available for remote work in most US locations for the right fit candidate.

Responsibilities

• Drive core compensation cycles such as Annual Salary Review and Annual Bonus programs, including data validation, system testing, process improvement and education of People Business Partners.
• Own and maintain compensation bands utilizing external data sources and market benchmarking to ensure competitiveness and alignment with our compensation philosophy.
• Counsel and guide on standard and complex compensation issues involving the interpretation and application of federal and state regulations, policies, and procedures.
• Support in conducting market benchmarking and complete survey submissions including evaluation of current survey providers, peer group assessment, and ensuring consistent market matching practices.
• Independently conduct analyses on large sets of data and provide data backed recommendations to support in developing and administering effective compensation programs.
• Ensure company compliance with relevant laws and regulations including consultation on FLSA and other DOL regulations, plan document compliance, and audits.
• Conduct job audits, evaluations, and maintain job documentation.
• Work independently to keep apprised of federal, state and local compensation laws and regulations, and research and recommend optimizations to compensation initiatives.

Requirements

• Bachelor's degree in human resources, business administration, finance, economics, mathematics, or a related field that involves quantitative analysis.
• 5+ years of Compensation Analysis, Financial Analysis or Quantitative Data Analysis experience.
• 5+ years of advanced data analysis and MS Excel experience.
• 1+ years experience developing and implementing scalable processes with documentation.

Nice-to-haves

• Additional working knowledge of Access preferred.
• Curiosity towards digital technologies, such as Power BI, Power Automate.
• Strong planning, communication/consulting, organizational and project management skills; ability to influence and coach.
• Demonstrated critical thinking and problem solving skills.
• Demonstrated change readiness and partner in cultural and organizational transformation.
• Business and customer oriented; flexible and efficient.