Senior Compensation Analyst

Generac Power Systems - Waukesha, WI

Full-time - Mid Level

Waukesha, WI

Electrical Equipment, Appliance, and Component Manufacturing

About the position

The Senior Compensation Analyst at Generac is responsible for analyzing, implementing, and maintaining the company's compensation programs. This role involves conducting market research, evaluating job positions, and ensuring that the company's compensation practices are competitive and compliant with legal requirements. The analyst will collaborate with HR and management to address compensation-related issues and support the annual compensation review process.

Responsibilities

• Conduct market research and analysis to determine competitive compensation practices.
• Evaluate jobs and positions to ensure internal equity and external competitiveness.
• Evaluate and maintain career/job level architecture and job families.
• Develop and implement compensation policies and procedures.
• Support maintaining company short- and long-term incentive programs.
• Prepare and present reports on compensation analysis and recommendations.
• Collaborate with HR and management to address compensation-related issues.
• Ensure compliance with federal, state, and local compensation laws and regulations.
• Administer salary surveys, analyze survey data to benchmark company positions, and maintain market evaluation datasets.
• Support the annual compensation review process, including salary adjustments, bonus, and equity distributions.

Requirements

• Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
• Five years of experience in compensation analysis or a related HR role.
• Demonstrated critical thinking, research, analytical, and quantitative skills.
• Strong attention to detail and ability to draw conclusions from large data sets.
• Proficiency in MS Office applications, especially Excel.
• Understanding of laws and regulations affecting human resources and compensation.
• Ability to handle confidential information with discretion.
• Excellent verbal, interpersonal, and written communication skills.

Nice-to-haves

• Experience using HR technology such as Workday, Oracle Cloud HR, or SAP/SuccessFactors.
• Experience using compensation administration software such as BetterComp, MarketPay, PayFactors, CompAnalyst, etc.
• Experience delivering compliance-based and consultative compensation solutions to internal clients.
• Global compensation experience to include Canada, LATM, EMEA, APAC.